Questionable Estate Auction practice

What I wonder about all of this is what did the auctioneer say to explain his actions? He had to have said something at some point, it seems to me. For example, when the items were first auctioned individually did he say anything about there being reserve amounts?

Regards,
-- Al

Swampwalker

I agree that, as a practical matter, there's no use pursuing the auctioneer. I just want to refute the suggestion that, just because you're not out of pocket any money, you don't have legal recourse when someone refuses to sell you an item he agreed to.

It would be more effective to write a letter of complaint to the Better Business Bureau or, if one exists, to a professional association of auctioneers.

Al

Agreed. Very amateurish (or deceptive, depending on your point of view) not to explain out loud to everyone in attendance the unusual ground rules of this auction, before the bidding started. A lot of resentment could have been avoided - evidently the OP wasn't the only disappointed "winning bidder" of an individual piece of equipment.

We do this in bankruptcy court auctions from time to time, but the rules are spelled out very clearly in advance, and everyone who qualifies to bid consents to the process. It's a smart way to sell, and is fair as long as everyone knows about it.

Whether it is legal in your state if not disclosed in advance is a matter of local law.

I was trying to point out that it's rarely as easy as "take him to small claims court". Even when you have an "open and shut" case; like when I have a client that does not pay a bill for work they ordered and for which they received value, it's very rare that you can get satisfaction in small claims even when you are actually out real $. IME, a contract (written or verbal) for the kind of amounts we are talking about, is rarely worth more than the personal commitment that both parties have to honor it.