Our reserve “rules” we make up
I think I’ve seen almost every rule an auctioneer has for having (and/or not disclosing) the reserve price — including …
I think I’ve seen almost every rule an auctioneer has for having (and/or not disclosing) the reserve price — including …
A rare 18th-century coin — a 1794 Flowing Hair Silver Dollar — expected to sell at auction for over 10 …
The question regarded personal property left at an auction house that didn’t sell because the final bids did not meet …
Absolute auctions attract far more attention than with reserve auctions. Thus, auctioneers understandably use the word “absolute” and the like …
Outside of Louisiana, all auctions are “with reserve” by default. That is, they are with reserve unless explicitly denoted as …
I saw a recent auction advertisement … selling “absolute to the highest bidder” and then later in the same advertisement …
Most auctioneers have for years sold in certain increments. Those auctioneers’ “standard increments” have somewhat uniform (consistent) increases over any …
We’ve been asked what this sign means 100’s of times … and it could mean several things: The car sells? …
For everyone who’s ever been to any live auction, there’s that first time. I think my first time was probably …
We have written about reasonable auction terms because these terms can’t be all seller favorable, or there will be a …
Many auctioneers (and sellers) sell property without reserve (absolute) in order to increase the number of bidders and associated prices. …
For centuries, auction terms and conditions have been — more or less — “my way or the highway.” In fact, …
We have written about who cannot bid at an auction more than once. Today, we hope to write about that …
Some auctioneers routinely disclose the minimum bid (reserve) of property they are putting up for auction, and some auctioneers never …
What does this sign say? It says the minimum speed is 40 miles per hour. So, what if you are …
Auctioneers around the United States have held since the forming of this country that at auction, the seller can bid …
Are you a “professional” auctioneer? One who makes a living as an auctioneer? That would be a common definition, but …
I received the email, as I suspect you did. Real property being offered in a flash sale — auction. What …
There are times that I think maybe overnight I was secretly transported to another planet. I wake up and on …
Some auctions allow the seller to place bids directly or through another agent (by proxy.) Specifically, in a with reserve …