Tag Archives: Law

Episode 30: The use (misuse) of Online Max Bids & Selling “As Is” with No Inspections



Have you ever bid in an online auction or more importantly left a “Maximum Bid” trusting the auctioneer will treat you fairly.  In this episode we talk with Auction Law Expert Mike Brandly about the use (and Misuse) of maximum bids and what the liability can be for both the auctioneer and their seller.
We also discuss selling property “As is, Where is” at auction but then not allowing bidders to inspect the property.
Very good topics and a lively conversation with our good friend, so enjoy the show.