Auctioneers and obedience
What is the fiduciary duty of obedience? In an auction agency relationship, obedience requires an auctioneer to follow the seller's lawful instructions that fall within the scope of the agency agreement. It is one of the core fiduciary duties owed by an agent. Obedience does not require blind compliance. An auctioneer should not follow instructions that are illegal or outside the authority granted by the agency relationship. Sometimes a seller's instructions strengthen the auction. A seller […]https://mikebrandlyauctioneer.wordpress.com/2026/06/19/auctioneers-and-obedience-2/




