I talk about the merits of auction sellers committing to sell (instead of maybe selling or maybe not.) Some auctioneers disagree and...

Most people probably know that someone can’t be “forced” to sign a contract binding their performance rendering it invalid (or at minimum...

I want to bid at your auction. Do you require me to give you a deposit (money) to bid, or do you require me as the eventual high bidder...

Should auctioneers guarantee their sellers any certain results from the auction of their property? Should sellers be persuaded to sell at...

Some auctioneers refer to seller bidding (in a with reserve or forced sale auction) as counterbidding (counter-bidding.) Despite bids...

Ever since the Internet became the place to advertise auctions, auctioneers have used it to advertise such including advertising...

I see many auctioneers openly publishing lists of what they “don’t sell” or don’t even accept. I find this interesting in that, for...

Auctions involve bidders making offers, and auctioneers generally accept those offers if they are higher in amount than the prior bid. ...

Rescinding a contract is essentially putting both parties back where they were before they were bound by a contract. In other words, in...

I’m watching an online-only auction and see the note: “In the case of a tied bid, precedence is given to the earlier bid.” My first...

Countless auctioneers work with sellers, clients, or consignees and many times the auctioneer dictates the commission or charge for their...

Auctioneers who charge a buyer’s premium are being told they shouldn’t be charging a buyer’s premium. Maybe auctioneers who solely...

Auctioneers are typically agents for sellers. As such, the seller puts their property in the hands of the auctioneer and trusts the...

We wrote that bid-calling contracts are assignable focusing on the bidder’s (or buyer’s) ability to assign their equity to another...

Yes, absolutely, live bid calling (and even online auctions) create contracts. One such contract is when the auctioneer (or software)...

The short answer is, “yes.” Relatedly, this has been going on for as long as auctions have been used to sell property in the...

We recently wrote about auctioneers reserving unilaterally to decline any bid and any bidder — apparently, even a registered bidder with...

We see auctioneers somewhat routinely noting that bidders’ bids once placed (accepted) can’t be revoked nor withdrawn — in other words,...

We have written many times about how auction registration policies need to be fixed prior to the auction event and then remain as such...

We have tried to help auctioneers understand that setting the terms and conditions for your auction, and then sticking to them, requiring...