What is required for an auctioneer to group or divide lots at an auction?

For an auctioneer to group or divide lots at an auction, making sure that prior notice has been given is essential. This requirement ensures transparency and fairness in the auction process. By informing all participants in advance about the possibility of grouping or dividing lots, the auctioneer helps to set clear expectations, allowing bidders to adjust their strategies accordingly.

Providing prior notice also helps to maintain the integrity of the auction. Bidders come prepared with certain assumptions about the lots being offered, and changes in how these lots will be grouped can significantly impact the bidding dynamics. Therefore, ensuring that everyone has the same information protects against potential disputes and enhances trust in the auction process.

While approval from the seller and consent from the bidding audience may seem relevant, they do not hold the same weight in establishing a fair and transparent auction process. Additionally, a public announcement at the event, though helpful for immediate clarity, would be insufficient if participants had not been informed beforehand. Thus, giving prior notice is the most effective way to ensure that all bidders are aware of potential changes in lot arrangements.