The dangers of “absolute discretion”
Tom is an auctioneer who takes various live and online classes on the subject of “auctioneering,” surveys the Internet for …
Tag Archives: auctions
An auction platform is free for buyers and sellers?
Nothing quite gets people’s attention more than the word, “free.” Of course, there is another phrase that gets considerable attention …
Auction fees included and/or added?
Many auctioneers charge a buyer’s premium — for instance, if you bid $10,000 for an auction purchase, with a 10% …
I’m known for not selling …
We previously wrote about auctioneers specializing here, where auctioneers only sell a certain type of property: https://mikebrandlyauctioneer.wordpress.com/2021/02/12/im-known-for-selling/. Today, we explore …
Are auctioneers intentionally misleading buyers?
I’ve probably written about this issue more than any other. The question is essentially “Why are auctioneers intentionally misleading buyers?” …
Treating bidders with honesty, integrity, and fair dealings?
Nope. We just can’t do it. Auction bidders aren’t owed any honesty, nor integrity, and certainly not fair dealings. On …
I’m known for selling …
Many auctioneers tend to specialize. For instance, maybe an auctioneer chooses to only sell coins, or only sell pottery, or …
Auctioneers’ speech restricted?
I noted some outrage from some auctioneers claiming their speech would not be restricted … in that they would not …
Auctions, disclosure, patent & latent
We’ve held that auctioneers should disclose all known material facts concerning any property they are putting up for auction. This …
Are “anonymous” buyers real buyers?
The so-called “hammer” falls at an auction, and the property (car, firearm, airplane, truck, tractor, artwork …) is sold to …
Auctioneers and conspiracies
More and more I find some auctioneer has shared or posted some conspiracy theory (stated as fact) almost every day. …
Auction crowd size, wallet size
Auctioneers always want a big crowd — the number of people standing there and/or the number of bidders registered online. …
Auctioneers: Memes are unreliable
I must see 100’s of memes on my average day. The ones involving mathematics usually get my attention since I …
Auctioneers opposed to “equity”
Suddenly I’m seeing again that “equity” is a bad thing — especially if you say it into a microphone more …
Auctioneers and protesting
Several months ago, some “minority” auctioneers (members) reached out to an auctioneer association by email and phone regarding discrimination, equal …
An obligation to disclose?
Auctioneers are fiduciaries for their sellers or consignees. Auctioneers owe clients (principals) obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care. …
Could posting false information have consequences?
Our question is simply, “Could posting false information have consequences?” The easy answer is, “yes.” A follow-up question to that …
How qualified should that bidder be?
These two women want to register for your auction. What should they have to provide you as an auctioneer in …
Auctioneers: When is a lack of evidence … evidence?
I majored in Mathematics at The Ohio State University. One of my several particular interests in math was prime numbers. …
Auctioneers speaking about health
Some days I wake up and think … am I in another country? Maybe I’ve been transported to a different …
