Auctioneers and the standard of care
14 January 2019Sellers routinely hire auctioneers and in doing so — generally — hire one they feel can adequately handle the subject property’s sale in order to maximize net proceeds in the shortest amount of time.
Today, we explore what standard of care any auctioneer has regardless of how they hold themselves out to the public. We answer a question we received in court the other day asking, “Is there a minimum standard?”