Mike Brandly, AuctioneerJun 16, 20232 min readOnly previous bidders can place a new bid?In a soft close with extended bidding, I noted that an auctioneer expressed, “Only previous bidders can place a new bid” and wondered...
Mike Brandly, AuctioneerMay 25, 20202 min readStart the auction or commence private treaty?So let’s say an absolute auction (of one property) is scheduled and only one bidder shows up; does the auctioneer open the auction? ...