Mike Brandly, AuctioneerOct 3, 20224 minCourts interpreting “explicit”We’ve held that a “bright line” defining when an auction is absolute or without reserve is horrible for the auction industry. What is...
Mike Brandly, AuctioneerNov 20, 20202 minBidders won’t bid past disclosed reserve?Some auctioneers are telling me that if they disclose the reserve on a property, bidders won’t bid beyond the reserve. I don’t believe...