Bib has held over 10,000 auctions in his career — mostly livestock, farm equipment and real property. Today, Bib is holding an auction...

The joy of teaching is almost always amplified by questions and commentary from attendees before class, at breaks and after class; nearly...

There are also other forced sale auctions including foreclosures, repossessions and court-ordered actions (lacking the seller’s consent)....

While it is important to note that a few of those states have slightly modified that same state law, all those states basically operate...

Auctions are distinctly one of two types in the United States: “With reserve,” or “Without reserve.” If you are considering a “with...

While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...

To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...

What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...

This is my tenth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...

State law in 49 of the 50 states in the United States dictates that items may be withdrawn prior to the start of the auction, no matter...

What is changing in the auction business? Most suggest the Internet, and our ability as auctioneers to advertise to a worldwide market,...

This does happen also, but not nearly as often as a buyer not performing. What we have in this case is a seller who, after the...

When an auctioneer says, “I have $10, and I’d like $15,” he is stating that he currently has his seller in contract with a particular...