Agreement to Employ Auctioneer

Bahman Eslamboly

Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms

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This Agreement to Employ Auctioneer sets forth the complete agreement between a seller and an auctioneer who will conduct an auction in order to sell goods or products of the seller that are governed by the Uniform Commercial Code. This comprehensive agreement sets forth the date, time and location of the auction and a detailed list of the property to be sold at auction. It also sets forth the duties of the auctioneer in regard to notice and advertising for the auction, preparation and display of the seller's property and how the sale will be conducted.

This Agreement to Employ Auctioneer contains the following provisions:
  • Parties: Sets out the name and address of the seller and the auctioneer who will auction the seller's property at public auction;
  • Auction Date: Sets out the date, time and location of the auction;
  • Duties: Auctioneer will perform specific duties including noticing and advertising the auction, prepare and display property to be sold, conduct the sale and collect any deposits from purchasers. He or she will also notify seller of any unsold property and keep a complete accounting of all auction sales;
  • Duties of Seller: Seller will provide auctioneer a list of creditors and the amounts owed, any past business names of seller and cooperate with auctioneer in performing their duties;
  • Compensation: Seller will pay auctioneer a set amount for performing auction services and expenses related to advertising and delivery of property to the auction site;
  • Signatures: This agreement must be signed by both parties.

Protect yourself and your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:
  1. General Information
  2. Instructions and Checklist
  3. Agreement to Employ Auctioneer
State Law Compliance: This form complies with the laws of all states

Agreement to Employ Auctioneer

Product Details

Product Agreement to Employ Auctioneer
Country United States
Pages 9
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Service Agreement (Auctioneer)
Product number #43659
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

The Agreement to Employ Auctioneer formalizes the relationship between a seller and an auctioneer, detailing the auction process, responsibilities, and compensation. It ensures clarity and legal compliance for both parties.

Both the seller and the auctioneer must sign the agreement to make it legally binding. This signature indicates that both parties agree to the terms outlined in the document.

The auctioneer is responsible for advertising the auction, preparing the property for sale, conducting the auction, collecting deposits, and providing a complete accounting of the auction sales.

Yes, but any changes to the auction date must be agreed upon by both the seller and the auctioneer in writing. It's important to document any modifications to avoid misunderstandings.

The auctioneer is obligated to notify the seller of any unsold property and provide a complete accounting of the auction. The seller may then decide how to proceed with the unsold items.

Is This Form Right For You?

Use This Form If:

  • Individuals who are looking to sell their goods at auction will find this agreement essential. It clearly outlines the responsibilities of both the seller and the auctioneer, ensuring that all parties understand their roles in the auction process.
  • Situations requiring a formal arrangement between a seller and an auctioneer can benefit from this document. This agreement provides a structured framework for the auction, detailing the date, location, and specific duties involved in the sale.
  • To comply with legal standards, sellers may need to formalize their relationship with an auctioneer through this agreement. It ensures that all necessary legal obligations are met and that the auction is conducted in accordance with the Uniform Commercial Code.
  • For those planning a public auction, this agreement serves as a comprehensive guide. It not only specifies the auction details but also protects the rights of both the seller and the auctioneer by clearly defining their responsibilities.
  • Businesses looking to liquidate inventory through auction can utilize this agreement to streamline the process. It helps in organizing the auction logistics, ensuring that all aspects from advertising to sale execution are covered.

Do Not Use If:

  • – This form is not appropriate for private sales where no auctioneer is involved. If a seller is selling directly to buyers without an auction process, this agreement is unnecessary.
  • – In cases where the auctioneer is not licensed or does not comply with local regulations, this agreement should not be used. Legal compliance is crucial for the auction process.
  • – If the seller is not willing to disclose necessary information, such as a list of creditors, this form may not be suitable. Transparency is essential for the auction to proceed smoothly.
  • – For auctions involving real estate, a different type of agreement is required. This form is specifically designed for the sale of goods and products, not real property.
  • – In situations where the seller has already entered into an agreement with another auctioneer, this form cannot be used. Conflicts of interest must be avoided to ensure a fair auction process.

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