Auctioneers, Facebook, Censorship and [Fake] News …
On Thursday, July 26, 2018 Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day …
Tag Archives: Auction Law
Representing (or misrepresenting) auction bidders …
I have not once said that bidders need to be identified when bidding. I have noted that California has passed …
Helping auctioneers or the auction industry?
Recently there was some interesting — and quite frankly hurtful — comments made about my expert witness work. To be …
When has the UCC 2-328 been a bad idea?
We recently wrote that for auctioneers it’s better to stay out of court than win in court, and lots better …
Auctioneers — you want to win in court, or stay out of court?
I’ve told auctioneers for years that it’s good to be on the “right side of the law.” That is, if …
Auction expert witness and standards of proof
As we serve more and more as an expert witness (and consultant) in auction related legal cases around the United …
No auctioneer licensing so anything goes?
We tend to hear this argument somewhat regularly: “There is no auctioneer licensing in that state, so anything goes …” …
Can a lot be unsold at auction?
Some questions are easier than others to answer. We think our subject question today is academic — can a lot …
The “basics” of the auction business?
I published this blog on June 6, 2018 about the auction industry losing bidders due to some illegal/unethical practices: https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ …
At auction … when is it “Sold!?”
It seems like a simple question — when is an item “Sold!” at auction? In a live auction, most people …
South Dakota v. Wayfair, Inc., et al.
A very material case for auctioneers at the Supreme Court of the United States was decided June 21, 2018. The …
That other bidder, and fraudulent inducement
Often perception is more important than reality; auctions in the United States are no exception. Thus, our question today is, …
How the auction industry lost at least one bidder
I testify in many auction-related cases across the United States — including in Ohio, Indiana, West Virginia, Illinois, Tennessee, Louisiana, …
Auctioneers … it’s A/B testing, not A testing
A/B testing is a useful tool to compare two different ways of doing otherwise the same thing … to see …
Absolute with bid then retraction
I more or less expected this phone call. While I’ve discussed this topic many times in classes across the United …
Auctions: Fast, Fun & Transparent
We’ve heard it many times, especially at National Auctioneers Association events. Auctions are fast, fun and transparent. Today, we explore …
Auction bidders are told they “may have won?”
You may have won your dream home? You may have won the lottery? You may be pregnant? I would suggest …
Reasonable expectation of privacy at auction
We are known for advocating disclosure in the auction business and even disclosing buyer (customers) names to sellers (clients) if …
Benefit auctions and auctioneer escrow accounts
People attend benefit auctions for a variety of reasons — but one of those reasons is typically that their contribution …
Misunderstanding effects of buyer’s premiums …
A buyer’s premium is a surcharge paid on top of the hammer price at an auction. For example, with a …
