The National Auction Association

Welcome to the NAA’s How Auctions Work blog—a collaborative space featuring insights from our members, staff, and industry experts. Covering a wide range of topics related to the auction industry, this blog aims to educate, inspire, and keep you informed about everything auction-related. This section of the website will also feature NAA news, keeping you updated on the inner workings of the premier association for auction professionals. Whether you’re new to auctions or a seasoned professional, you’ll find valuable perspectives and tips here to deepen your understanding of the auction world.

Advocacy Association Updates Commercial Assets Contract Auctioneers Fundraising General Interest Marketing Management NAA Online Auctions Personal Assets Real Estate

Learn the key differences between express and implied warranties in auctions. Understand legal definitions, UCC rules, and how auctioneers must...

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Expert tips on buying and selling auction businesses: valuing assets, succession planning, and timing your sale for maximum profit and smooth...

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Discover how a landmark New Jersey Supreme Court ruling upheld auction contracts, setting a legal precedent that strengthens the real estate auction...

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Explore the legal distinction between reserve and absolute auctions in real estate. Learn how auction terms impact contract formation and seller...

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Discover NAA's DECA Challenge and FFA Auctioneering Career Development Event empowering students with auction industry skills, marketing, and live...

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Explore insights on real estate auctions, challenges, and opportunities from industry experts. Learn how auctions can benefit sellers and buyers in...

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Learn about the enforceability of oral auction contracts, the Statute of Frauds, and why written records are crucial for auction contract validity...

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Auctioneers' Guide to a Prosperous 2024: Set SMART goals, diversify services, optimize marketing, track progress, and leverage CRM for business...

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Discover how Gen Z engages with online auctions as bidders, donors, and professionals, blending digital savvy with social causes and auction...

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Discover why California truckers must sell pre-2010 non-compliant commercial trucks via auctions for fast cash, broader market reach, and...

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Discover the Auction Marketing Management (AMM) designation—expert auctioneers skilled in modern marketing strategies to maximize your asset value.

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Discover the top 10 reasons to sell assets via auction marketing—fast sales, fair market value, maximum exposure, and expert guidance for highest...

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