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 …
Tag Archives: online auctions
Lot 0 (Auction Information) confusion
There is a disturbing practice going on within online auctions where auctioneers are using “Lot 0” (or some other lot) …
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 …
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 …
Online bidding goes down
It happens. A seller hires an auctioneer who will utilize an online provider to allow bidders to bid online — …
“Auction,” “Price,” “Buy” & “Sale”
We have written before about the suggested shifts away from auctioneers using the word “auction” in their advertising. Most notably: …
You don’t know what an “auction” is?
I grew up going to auctions; I enjoyed listing to auctioneers bid call nearly as much as the treasure-hunt-experience it …
Auction after [no] sale
When I first saw it, it seemed odd. It even sounded odd. If I understand it, “If it doesn’t sell …
Auctioneers vs. Auction Portals
I’ve been involved in 100’s of divorce appraisals. Some marriages as short as a few months, and some as long …
Consumers and “auctions”
John Schultz has said it more than once … fewer and fewer people are searching with the word “auction” online. …
Look! We’re not open yet.
As I write this, it’s March 13, 2015. I just received notice that a property near us is selling [likely …
Should she buy at auction?
Ashley is 25 years old. She works nearly 60 hours a week at both a personal fitness company and a …
Our frictionless auction environment
Peter Ludlow is a professor of philosophy at Northwestern University. He writes on a broad range of topics, including conceptual …
Why an online-only auction would (or should) hide results
Do online-only auctioneers hide sale prices (auction results?) It appears to me that most do. Why would an online-only auctioneer …
Why is the online auction final sale price not listed?
I was just finishing up calling absentee bidders following our “Every Wednesday” auction, and talking with a successful bidder in …
Online auction licensing is here …
While live auctions have been around since 500 B.C., I believe it’s fair to say that eBay originated the online …
Bidding on auction items on the Internet
The public has choices when desiring to purchase something. In regard to personal property, they can go to a store …
Baby it’s cold outside …
Yes, in many parts of the United States it’s cold outside. For instance, today in much of the United States, …
Beware: Online auctions and reindeer games
Most live and online auctions have fair, reasonable, legally compliant terms and conditions. However, a few live and online auctions …
Online platform owns the bidders’ email addresses?
Our Plaintiff: Tim Mayes. Tim owns an auction house. Tim conducts auctions every other week at his 7,000 square foot …
