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 …
Tom is an auctioneer who takes various live and online classes on the subject of “auctioneering,” surveys the Internet for …
I teach many classes regarding auctioneering as well as real estate. Of the issues that auctioneering and real estate education …
1. Is it standard procedure (is it okay) for workers at an auction to bid on items?
2. Is it okay for those workers to be hiding more valuable items in the junk lots?
3. Is it okay for those workers to hold items they want until the very end?
What do auctioneers owe their clients? What are fiduciary duties? Some duties are outlined in the contract between the auctioneer and client, while other duties are based in common law.