What must auctioneers do if they receive absentee bids?

When auctioneers receive absentee bids, it is essential for them to manage these bids according to established practices and legal obligations rather than handling them as they individually see fit. Auctioneers typically have specific protocols to follow that help ensure transparency, fairness, and adherence to auction laws and ethical standards.

For instance, auctioneers must often notify live bidders about absentee bids, so they understand the competition and can place their bids accordingly. In some jurisdictions, there may be requirements to record these bids for accountability or to provide a clear record for both auction participants and regulatory bodies.

Handling them correctly is crucial because it maintains the integrity of the auction process, ensuring that all participants have an equal opportunity and are aware of the bids that may influence the auction's outcome. Thus, the proper practice involves coordination and clear communication rather than personal discretion.