At an auction, who wins? The highest bidder, who outbids everyone else. Let’s ask another question … who loses? Maybe this same bidder...

Stanford University economists Paul Milgrom and Robert Wilson won the Nobel Prize for work improving auction theory and inventing new...

Are women and men auctioneers treated differently? Do we as a society expect different things from women and men auctioneers? Do [many]...

If I’ve learned one thing as I’ve grown older — some people (including some auctioneers) tend to believe (or not) the messenger, with...

Auctioneers spend a bunch of time worrying about things they shouldn’t spend any time worrying about. Namely disputed, missed, late, and...

We’ve held that actually auctioneers only need “alpha” and “beta” (the highest possible bidder and the next highest possible bidder) and...

You have to listen carefully … as in some cases you’re being lied to. Can auctioneers treat bidders differently — capriciously — in...

Auctioneers compete for jobs — contracts if you will — in order to sell cars, livestock, estates, real estate, etc. In many cases,...

The National Auctioneers Association (NAA) has launched a podcast (first appearing yesterday, September 28, 2020) — ...

In so-called “hot” real estate markets (seller markets,) often sellers are presented with multiple offers soon after listing. In such...

There may be no better person to talk to if you are trying to discern if this “thing” is trash or treasure. Auctioneers are exposed to...

How would you go about buying a house at an auction? First step? Don’t read this article, and if you do, ignore most all that it says:...

The National Auctioneers Association (NAA) has launched a blog (first appearing yesterday, September 21, 2020) — www.howauctionswork.com....

I have written more than once about “commercially reasonable” auction standards. They are largely considered the highest standard...

In a recent story I read regarding Bob Woodward’s book (Rage, 2020) I was not surprised, and rather disappointed (yet again) with the...

We have written about three (3) distinct standards that auctioneers are held to in court proceedings or by regulatory agencies: Customary...

Auctioneers can’t ever seem to believe it … a vendor raised prices. It could be software, a platform’s sell-through, training,...

Auctioneers are typically well-known in their communities, and some are even known regionally or nationally. As such, it’s best we are...

Sotheby’s announced recently they were instituting a new “Overhead Premium” of 1% on the hammer price to cover: The overhead costs...

The question regarded personal property left at an auction house that didn’t sell because the final bids did not meet nor exceed the...