Auctions should be advertised (or marketed) sufficiently. As well, auctions should not be advertised insufficiently. So, what’s sufficiently? What’s insufficiently? Most auctioneers would likely conclude that an auction was advertised sufficiently if the subject property demanded market value. However, if…

In 2017-2018 Wayfair vs South Dakota was decided that changed the landscape of the Saled Tax Collection World. We have put this together to help auctioneers understand the Sales Tax Requirements for them. If you have questions, please send them…

AANC Code of Ethics

November 26, 2019 0

The auction methodology requires a level of trust between the client, customer and auction professional that often exceeds standard business relationships. Members of the Auctioneers Association of North Carolina recognize this factor and are committed to providing the elements necessary…

Are you a Fidiuary?

June 17, 2019 0

An important note to fiduciaries: Auctioneers have are hired daily in order to sell items inside and outside of estates. They are fiduciaries just like an Executor of a will. Consider these important facts before making your decision: An Auctioneer…