We’ve sold a bunch of real property (real estate) at auction. One thing is obvious — other than selling “absolute” to the highest bidder...

I have noted that Daniel P. West has linked to my blog once if not more times and I appreciate that, and I have linked to his blog in...

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...

The answer to that question is fairly straightforward. If the minimum is good news, it should be disclosed and if it’s bad news (or...

We discussed this disquisition in some detail — once again — at the National Auctioneers Association‘s Accredited Auctioneer of Real...

Selling to the highest bidder, regardless of price. Auctioneer reserves the right to add or delete property from this auction or to alter...

In fact, she has over 200 in her collection and they are all on display in her home, barn and garage. Natalie began her interest in...

The auctioneer she chose was a Federal Firearms Licensee (FFL) with an auction facility near Louisville, Kentucky. With the auction day...

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,...

We wrote about issues with auctioneers using an opening bid to suggest a minimum bid a few months ago. That post is here: The Opening...

Yet, some auctioneers sell items for less than these reserve amounts. How can this happen? How it was explained to me was that if the...