Conflict of interest and net listings
Auctioneers work primarily as agents and for clients (principals) in performing their duties. As such, they would owe loyalty to …
Tag Archives: client
Opening an auction house
When I was attending auction school, we would go out at night to various local auction houses to practice our …
Auctioneers not advertising certain places …
Auctioneers are charged with maximizing their client’s (seller’s) position — raise the most money, clean the warehouse completely out, minimize …
” … not responsible for the online platform’s performance.”
You are an online auctioneer and you know that online platforms sometimes aren’t reliable. As such, your attorney has told …
What’s an “essential” auction?
What is an “essential” auction? What is a nonessential auction? Are any auctions essential? Maybe the first question should be, …
Contract provisions — the foreseen vs the unforeseen
We previously wrote about force majeure clauses in regard to unforeseen circumstances — for instance war, strike, riot, crime, plague, …
Auctions didn’t work — and then they did
This picture sure got my attention — it probably got lots of people’s attention. According to Kenny Lindsay of Michigan: …
Auctioneer Retaliation
I’m listening to an auctioneer on the witness stand (and thus all public information.) The subject of his testimony was …
Auctions: “Everything will change. Everything has changed.”
In “The Patriot” movie, Cornwallis apparently proclaimed, “Everything will change. Everything has changed.” In other words, “The only thing constant …
Can an auction result constitute price gouging?
Some surgical masks, hand sanitizer and other PPE (Personal Protective Equipment) are appearing in some online auctions these days as …
How can auctioneers book more business?
I’ve told thousands of prospective auctioneers and real estate practitioners how to get business when they start their business: Empathy. …
Who is easier to charge — seller or buyer?
Is it fair to say that seller commissions are getting smaller, and buyer premiums are getting larger? While not universal, …
Auction advertising that’s “just enough” information
I have argued for decades that auction advertising should be “just enough” to get people (potential bidders/buyers) to respond … …
At auction, is it need or want?
For nearly 40 years as an auctioneer, I have remarked to 100’s of customers, “It’s not what you need, it’s …
Auctioneers advertising their auction at your auction
Auctioneers advertise/market their seller’s items to attract bidders. Today, we wonder if an auctioneer can/should advertise his auction at another …
Auctioneers and payment methods
We’ve been in the auction business for many years. First, it was cash and checks, then it became cash, checks …
Auction seller wants to sell to anyone but a certain person
An auctioneer meets with a seller who owns a house full of personal property — furniture, kitchen items, decorative pieces, …
Auctioneers checking Facebook for facts?
Most days it seems to run 20%-30% and other days it seems to run almost 90%. It’s so unpredictable (and …
Are auctioneers who charge more better?
Auctioneer Bob charges 20% commission and Auctioneer Dave charges 30%. Our question involves if all else is equal, can one …
Could an auctioneer make a market?
Our question today is … could an auctioneer sell so much of one type of property that his sales are …
