10/14/2017
Well been a while since I wrote. But this topic is current, (last week) so thought I would make a few comments.
Mr. Auctioneer you missed my bid, I was on when you "said sold"
Every Auctioneer dreads this situation because its a no win. So lets chat about it. As gray as most "auction laws" are this one falls into that area. Lets start with basics. According to legal eagles. Once a auctioneer says "sold" a contract has been verbally made. Remember that as we proceed. Also according to legal eagles, the only one in the crowd that can accept a bid is the Auctioneer" a ring man is " seeing a bid for the auctioneer and sounds out." (he is not accepting the bid, until the auctioneer acknowledges that bid, It is not a bid. Remember that as we proceed.
(Just starting to see the complexity of a auction.
So when the auctioneer says sold, and the "discussion begins" the ringman says I had, #45. But the auctioneer did not acknowledge, (increase by #45 bidder ) therefore #45 is not a bid.
Lets shorten this, Bidders, you have a responsibility to make sure the Auctioneer sees and has taken your bid. Most auctioneers have a mike with speakers on both sides of him, (or one side) a person 5 rows back, Or in a very loud room that says , "yes" cannot be heard by the auctioneer.
So whats the bottom line to this long, Blog.
BIDDERS USE THE BID CARD YOU HAVE BEEN GIVEN, "RAISE' IT, RAISE YOUR HAND, WAVE, MAKE SURE THE AUCTIONEER HAS YOUR RAISE, BIDDERS HAVE A RESPONSIBLITY AT AN AUCTION. "NO I DO NOT OPEN UP BIDDING ONCE I SAY SOLD. I AM BREAKING A CONTRACT IF I DO. PERIOD.
So Auctioneers, and Bidders must have a understanding of the rules of the day, and that can only be done by making a verbal announcement at the beginning of a auction. Auctioneers and Bidders if you do not have a mutual understanding between bidders and auctioneer before the auction starts. you are going to run into time delaying ,embarrassing arguments during the auction.