Texas Auctioneers Association - Block Talk - January 2017

Your Monthly News & Updates
By: Heather Kaspar

I want to share some important facts for you to remember when handling difficult situations and relationships surrounding your auctions.
I would like to share a timeline of events that will prove how quickly your point of contact and or decision maker can change:

1. Client signed contract to secure an auction and requested that certain language is added to the contract. Also, affirming that he or she is the responsible party to conduct all duties during the entire auction process. They were capable, coherent and could clearly state their needs & agree to the responsibilities clearly outlined between Auctioneer and Seller.
2. Days before the auction the client becomes hospitalized and cannot make decisions on their own. You meet the Power Of Attorney (POA). Be sure you find out if they are durable, medical, or financial POA & what responsibilities they have accordingly and keep it for records. You are doing this to make sure this person has the authority they claim & that you are speaking with the right person.
The POA became effective after seller's hospitalization and Seller was unable to make decisions for their self. Make sure to always consult your attorney regarding important definitions. Note that the POA does not have the right to stop decisions set in motion by the Seller. The POA's responsibility is to make decisions on behalf of the Seller that need to be made upon Seller becoming unable to make decisions for oneself.
3. Seller passes away days after an auction is completed, before settlement has taken place.

4. Once the seller has passed away, the POA is no longer in effect. At that point, the Auctioneer could be settling the auction with several different individuals. The important thing to keep in mind is that the person that became your main point of contact may no longer be your point of contact. The Executor of an estate is not necessarily the POA. A Letter of Testamentary will identify the Executor. You could also be dealing with an Attorney or a Judge.
These are important facts to be aware of to protect yourself, your clients, their interests, and all parties involved. I recommend you always consult your attorney. I am not attorney!
MEMBER BENEFIT UPDATE - Constant Contact Discounts

Constant Contact Partnership - TAA members receive 20% off 6 mos. prepaid accounts & 25% off 12 mos. prepaid accounts. To take advantage of these discounts, sign up for Constant Contact at this link:  http://www.constantcontact.com/signup.jsp?pn=taa. Once you sign up and activate your paid account, the discounts will show under the payment choices.
*If you already have a Constant Contact account, email your User Name to:  partnersupport@constantcontact.com and request that they move your current account under the " Texas Auctioneers Assn. Partnership. They will email a confirmation, and discounts will apply going forward for future months.

Just recorded a segment on "Selling Your House at Auction" for the National Realtors Association - Real Estate Today Radio Show with Host Stephen Gasque.

It will be broadcast this weekend on 175 radio stations nationwide and available as a podcast on iTunes.

In the Dallas/Fort Worth area it will be broadcast on WBAP 820.

Here is the list of radio stations carrying the show nationwide:

You can learn more by going to http://retradio.com/.   
2017 - 60th Convention in FRISCO, TX

Interested in receiving $60 off your registration!? Here's how you do it:

Renew your dues by JANUARY 31st! 


Send in your Convention Registration Form by January 31st. Write "$60 off" and subtract from the total.


Scan in and fax or mail it dated by Jan 31!
Fax: 888.394.1123
Email: info@texasauctioneers.org