Bad weather draws crowds?
There’s somewhat of an old saying in the auction business: “The worse the weather, the bigger the crowds …” The …
Tag Archives: contract
Auctioneers not producing records
Many auctioneers licensed by the state in which they operate are required to maintain records (contracts, advertising, settlement statements, etc.) …
Give yourself a raise?
We have previously written and talked about promoting oneself as an auctioneer. The typical conversation centers on selling the low …
“Sold!” shouldn’t be a lie
Here’s the problem. The law allows (but does not require) auctioneers to lie. We can indeed say, “Sold!” (in certain …
Auctions which are — or not — fair, balanced, reasonable
What would fair, balanced and reasonable auction terms and conditions look like? What does current law say about that? The …
John Stephen Proffitt III and your right to reopen the bid
John Stephen Proffitt III (widely known as Steve Proffitt in auction circles) — attorney at law and auctioneer — proposed …
“The chant is not important”
J. Stephen Proffitt III, Esq. (commonly known as Steve Proffitt) said it. I found such in a state auctioneer magazine …
Cheaper and easier to work without an auctioneer license?
Some occupational licenses are difficult to obtain. In a few states, a simple manicurist license takes 6 years to secure. …
Auctioneer damages and commission
If an auctioneer sold a property of some sort and then due to a breach of contract, had to sell …
Setting the bid in …
We had previously written about auctioneers “setting the bid in” where they bid first and then ask for a higher …
$7.5 Million in storage unit auction?
Yes, that’s our question … was there really $7.5 Millon in a storage unit? In a safe in a storage …
Death of a salesman?
Death of a Salesman is a 1949 play written by American playwright Arthur Miller. It concerns an over-the-hill salesman facing …
Bad auction bidder and we do what?
Sometimes auction bidders (mostly personal property) bid and then don’t pay. Some auctioneers apparently pay their seller minus commissions and …
Online auctions making the seller more, or the auctioneer more?
The question today regards if an online auction is actually making the seller more — or the auctioneer more. Of …
An auction that is both with AND without reserve?
There are times that I think maybe overnight I was secretly transported to another planet. I wake up and on …
Is your absolute auction being advertised/conducted as such?
I’m being told that countless auctioneers across the country contract with sellers to sell everything “without reserve” a.k.a. “absolute” and …
Can my auctioneer just “walk away?”
This telephone call more or less started with a question … “Can my auctioneer just walk away?” “Quit?” My answer …
Auctioneers and the standard of care
Sellers routinely hire auctioneers and in doing so — generally — hire one they feel can adequately handle the subject …
Auction disclaimers with irreconcilable conflicts
We have held nearly our entire auction career that auction disclaimers are risky business, especially if there are warranties and …
Why are we looking for “tie bids?”
A tie? The three horses above finishing in a dead heat. Two teams with the identical score at the end …
