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It is widely recognized that more bidders generally help sellers achieve stronger prices at auction. Competition builds momentum and encourages …Continue reading →
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In an Absolute auction, the law is clear: if a bid is made within a reasonable time after bidding begins, …Continue reading →
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For auctioneers selling real property at auction, the most important factor is trust. Clients expect clear explanations about fees, terms, …Continue reading →
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We wrote about this type of clause in auction terms and conditions, such as “to the fullest extent permitted by …Continue reading →
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In the auction industry, “time is of the essence” is essentially intrinsic to what we do. Auctions depend on strict …Continue reading →
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Rounding in auctions has become a real operational issue as physical pennies disappear from everyday use, even though they remain …Continue reading →
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When a property is scheduled to be sold at auction, the process does not begin when the auctioneer says “Sold!” …Continue reading →
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Auctioneers often use a simple and effective system to number photos by lot for clarity and organization. Each file name …Continue reading →
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In auctioneering, the phrases “as is” and “where is” have established legal meaning. They define the condition and location of …Continue reading →
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Auctioneers face engagement issues in both live and online settings, but the causes, rates, and dynamics differ. Online bidders can …Continue reading →
