Several so-called license states have indicated that for an absolute auction, the deposit required (earnest money, good faith “deposit”)...

Abby decides to attend in person an absolute (without reserve) simulcast auction as there are some items that interest her. She drives...

The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...

In the landmark United States Supreme Court case Lochner vs. New York, 198 U.S. 45 (1905), the Court held that the “liberty of contract”...

We wrote about Buyer’s Premiums and how they worked some time ago. This article is about how to calculate the buyer’s premium. There is...