A large real estate firm is holding a ballroom auction of bank owned properties, and about 40% don’t sell after being put up for auction....

The article further noted four major points about online-only auctions, noted below:• A “soft” close provides last-second bidders with no...

Tim is an auctioneer in Florida. His once-a-month antiques and collectibles auction is about to begin. This particular auction has a...

Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...

One comment Walter would make to me almost every week at our auctions was, “You’re selling all your good stuff first … you’re going to...

While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...

To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...

For instance, can a successful public auction be held July 4, Father’s Day, Thanksgiving Day, New Year’s Day, Mother’s Day, Easter, or on...

Saturday arrives, and Sarah goes out to her car in order to drive to her weekend destination. She pulls up to a parking place just...

Marvin wishes to consign his 2009 Jaguar XF Coupe to the local auto auction. Marvin paid about $59,000 for this car about a year ago,...

So, that 1889-CC Morgan Silver Dollar is MS-60, but maybe not? This could just as well be a parcel of land, a piece of commercial...

One such instance was in 1983, when an auctioneer in Indiana opened the Sunday newspaper to see that he and another auctioneer in that...

It is an auction or is it a sale? While they’re all technically auctions, many in the auction business use the word, sale instead of...

So what is shill bidding? Let’s look first at the word, “shill.” Shill means basically to falsely advocate a position in attempts to...

What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...

For our discussion, we are referring to bid calling as the usually rapid oral exchange with bidders, accepting bids, and asking for...

Let’s say Trisha graduates from high school, and decides to start her own company. She is proficient with computers and programming, and...

Thus the conclusion of the study titled “Starting Low but Ending High: A Reversal of the Anchoring Effect in Auctions“ by Gillian Ku,...

The Buyer has no right of abandonment whatsoever. The Buyer agrees to remove all purchased property from the Auction Site within the...

Among the 1,000’s of real property auctions occurring every day in the United States, there are some properties that are garnering no...