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Why Timing is Still Everything
It was preview time at a typical Thursday consignment auction. There was nothing special about the day, as it was the regularly scheduled auction, and there were many items on display. There were the usual suspects and a few new buyers who had come to see what all the excitement was about. Everyone was browsing [...]
A Look at Errors and Omissions (E&O) Policies
As Auctioneers, we know not to ever promise how much money an item being sold at auction will bring (unless we are willing to purchase it ourselves). All we know is that if it's being auctioned absolute, it will sell to the highest bidder, and if it's a reserve auction, then the item will sell [...]
A Look at Property of Others Policies
Imagine you're watching a parade, eating your popcorn, watching children scramble for candy thrown from floats, and staying a safe distance away from those clowns who always seem to be in the way. The local Auctioneer drives by in his truck, pulling behind him a trailer with a freshly detailed and sparkling motorcycle, advertising both [...]