How Should Auctioneers Handle Non-Performing Bidders?

How Should Auctioneers Handle Non-Performing Bidders?

Lessons from the Field on Managing Buyer Defaults at Auction

In the latest episode of The Sale Ring Podcast, we’re joined by nationally recognized auctioneer and auction law expert Mike Brandly for a timely and insightful conversation about non-performing auction bidders.

A recent incident involving a buyer who failed to sign the purchase contract and submit the down payment turns into a powerful case study. Together, we examine how auctioneers should respond when a winning bidder walks away — and how to prevent it from happening in the first place.

Key Takeaways:

• Legal and professional best practices for handling bidder default
• Preventative strategies to help minimize these costly disruptions
• A strong reminder that the seller controls the auction, and ultimately, the path forward when issues arise

Whether you're conducting real estate, equipment, or personal property auctions, this episode is full of practical advice and real-world experience.

🎧 Tune in and listen now at: https://www.thesalering.com/episode-120-dealing-with-non-performing-bidders/

Don’t miss out on expert insights and insider knowledge from The Sale Ring Podcast! Subscribe for free at www.thesalering.com or on your favorite podcast app today. Stay informed, stay competitive, and build a thriving real estate career!