Conducting an Article 9 liquidation auction involves following the guidelines set forth in Article 9 of the Uniform Commercial Code (UCC), which governs secured transactions
At a certain point in time, almost every business owner will be faced with the question: What is my machinery/equipment worth? Book value is rarely
One common area of confusion in online auctions and bidding is the distinction between max bidding (aka proxy bidding) and straight bidding. Briefly speaking—both methods
Jones Swenson Auction Referral Program Part of our legacy at Jones Swenson Auctions is working with people who refer us to potential auction opportunities. Whether
When you decide to close a business and you need to sell the assets, you have several options regarding how to liquidate a small business
Online auctions offer tons of items of all types. Buying online is convenient, but it is also challenging if you don’t inspect the items in
By W. Scott Swenson, CAI, GPPA Rant I have been a professional auctioneer since 1983 and our company has conducted over 3,000 auctions during that
What is a Soft Close or Dynamic Ending of an Online Auction? So you placed your bid on an item during the last minute of
Ever wanted to hire an auctioneer? Auction professionals work all around the country selling all kinds of assets. So, if you have assets to sell
Auctions frequently utilize a buyer’s premium but the question is what is buyer’s premium in auction? Buyer’s premium is a percentage of the final bid
