Those in the auction business know more about the auction business than those outside of it. For example, while auctions have “urgency”...

We noted that NAR’s “Two-Thirds Rule” is nonsense regarding knowing if a particular circumstance is appropriate for auction marketing. ...

The “National Real Estate Trade Association” has a link to provide their members and the public with information regarding real estate...

Almost all auctions use a sense of urgency in that bidders must make up their minds quickly. A live auctioneer may only take bids for 30...

There are maybe (as we believe) 50,000 auctioneers in the United States. The Association of Real Estate License Law Officials (ARELLO)...

We’ve told countless people that when a seller (owner) has “urgency,” “equity” and “reasonable expectations” that an auction is a perfect...

A 1,000-year-old Chinese bowl sold for $2,225,000 at Sotheby’s. This bowl had previously been purchased at a yard sale for $3. This is...

Hondros College. In those classes, students often ask what the customary commission is for selling real property; additionally, they...

A seller can have bidders submit sealed bids, and then sell the single-item to the highest bidder. For example, 3 bidders place sealed...

When I attended auction school, decades ago, I remember distinctly (the very first day) that we were taught to say, “Sold!” when we...