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Auctioneer commission fines unlicensed seller, dismisses several online-auction complaints
Summary
The Tennessee Auctioneer Commission imposed a $500 civil penalty and a cease-and-desist order on an unlicensed operator holding live-streamed auctions and dismissed multiple other complaints after legal staff recommended closure or dismissal under state exemptions.
The Tennessee Auctioneer Commission voted to impose a $500 civil penalty and a cease-and-desist order on an individual found to be holding weekly auctions with online live streaming while unlicensed, and it dismissed several other complaints related to online auction activity after legal staff presented findings and recommendations.
Legal counsel Kim Cooper told commissioners that several complaints had arisen from online activity, including estate-sale advertisements that could not be tied to a specific auctioneer, a licensed real estate broker who contracted a third party to run a timed online sale, and disputed bidding histories on third-party auction platforms. "My recommendation was to dismiss" certain matters after review, Cooper…
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