Real estate agents … auctioneers … and real estate auctioneers.
Auctioneers found this out years ago. The real estate community is just finding it out. What is remarkable, some of …
Tag Archives: client
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and …
Coming in waaaaaay below the pre-auction estimate
We wrote in 2010 that (we thought) most auction houses in the United States post pre-auction estimates that are purposely …
Does the “buyer’s premium” show to the seller?
Our question today involves an auction where the auctioneer/seller is charging a buyer’s premium. For example, a lot sells for …
Where is auctioneer CE needed? Everywhere …
In 2015 The Ohio State University (OSU) and I completed a study on auctioneer continuing education (CE) producing this document …
Simulcast auctions and the timing of bids
Earlier this year, I was asked by an attorney if I could tell — in a simulcast auction — which …
Auction terms versus auction descriptions …
I get a laugh sometimes when I review auction terms and conditions. I get an even bigger chuckle when I …
Pinhooking in the auction business
Pinhooking in general, and maybe “alley trading” if happening in real time such as right before they go in the …
Auctioneer setting the bid in at the stated minimum?
A curious discussion took place at an auctioneer get-together about auctioneers setting the bid in — particularly at real estate …
Online-only auction platform goes down …
We have previously written about online auction bidding becoming unavailable: https://mikebrandlyauctioneer.wordpress.com/2017/02/06/online-bidding-goes-down/. Today, we explore if an online-only auction platform goes …
Sued because of auction sale price
We have written about auction-related lawsuits and associated sale prices before, where sellers were unhappy. Here’s one such article from …
Can auctioneers trust any online platform?
Auctioneers have given their data (particularly buyer data, but also seller data) to online platforms as we have partnered to …
Auctioneers recording themselves
As soon as we [easily] could, we did; and we continue to do it. Audio recordings of bid calling. Video …
When does title transfer at an auction?
The default position of the Uniform Commercial Code (UCC) appears to say that title transfers when the auctioneer says, “Sold!” …
Is accepting sealed bids an auction?
I have the distinct honor of teaching the National Auctioneers Association‘s AARE designation class alongside Manson Slik. In fact, our …
Auctioneers & Blogging
You’re reading a blog right at this moment. Our somewhat-rhetorical question today is, “Should you as an auctioneer blog?” and/or …
Writing auction contracts to educate people?
Several of us saw this concept recently being discussed in an auction seminar. I was asked just today in a …
Are all auctioneers … still Republican?
This is similiar to the question we posed in 2012: “Are all auctioneers … Republican?” Today, we explore if all …
The burden of auctioneer prowess
Just last month, I was contacted by an attorney in New Hampshire. He wanted to know if I could help …
Reopen the bid to only certain bidders?
Yes, auctioneers can “reopen” the bid after declaring property “Sold!” And yes, auctioneers do all too often reopen the bid …
