Mike Brandly, Auctioneer
Auctioneers, is it too late? Does it matter?
James entered the auction business in 1945. He worked at an auction house, eventually taking over as the new owner in 1959. Every...
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Mike Brandly, Auctioneer
Feb 25, 20212 min read
Auctions and the restraint of trade
Could an auctioneer (and/or seller) be guilty or liable for restraint of trade for restricting an auction to only certain — qualified —...
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Mike Brandly, Auctioneer
Feb 23, 20213 min read
The dangers of “absolute discretion”
Tom is an auctioneer who takes various live and online classes on the subject of “auctioneering,” surveys the Internet for articles, and...
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Mike Brandly, Auctioneer
Feb 22, 20213 min read
An auction platform is free for buyers and sellers?
Nothing quite gets people’s attention more than the word, “free.” Of course, there is another phrase that gets considerable attention —...
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Mike Brandly, Auctioneer
Feb 19, 20213 min read
Auction fees included and/or added?
Many auctioneers charge a buyer’s premium — for instance, if you bid $10,000 for an auction purchase, with a 10% buyer’s premium added,...
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Mike Brandly, Auctioneer
Feb 17, 20212 min read
I’m known for not selling …
We previously wrote about auctioneers specializing here, where auctioneers only sell a certain type of property: ...
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Mike Brandly, Auctioneer
Feb 17, 20214 min read
Are auctioneers intentionally misleading buyers?
I’ve probably written about this issue more than any other. The question is essentially “Why are auctioneers intentionally misleading...
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Mike Brandly, Auctioneer
Feb 15, 20213 min read
Treating bidders with honesty, integrity, and fair dealings?
Nope. We just can’t do it. Auction bidders aren’t owed any honesty, nor integrity, and certainly not fair dealings. On the contrary,...
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Mike Brandly, Auctioneer
Feb 12, 20213 min read
I’m known for selling …
Many auctioneers tend to specialize. For instance, maybe an auctioneer chooses to only sell coins, or only sell pottery, or only sell...
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Mike Brandly, Auctioneer
Feb 8, 20214 min read
Auctions, disclosure, patent & latent
We’ve held that auctioneers should disclose all known material facts concerning any property they are putting up for auction. This...
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Mike Brandly, Auctioneer
Feb 4, 20213 min read
Are “anonymous” buyers real buyers?
The so-called “hammer” falls at an auction, and the property (car, firearm, airplane, truck, tractor, artwork …) is sold to … who? ...
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Mike Brandly, Auctioneer
Feb 1, 20213 min read
Auction crowd size, wallet size
Auctioneers always want a big crowd — the number of people standing there and/or the number of bidders registered online. Generally, bid...
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Mike Brandly, Auctioneer
Jan 29, 20214 min read
Auctioneers: Memes are unreliable
I must see 100’s of memes on my average day. The ones involving mathematics usually get my attention since I have an appreciation for...
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Mike Brandly, Auctioneer
Jan 27, 20213 min read
Auctioneers opposed to “equity”
Suddenly I’m seeing again that “equity” is a bad thing — especially if you say it into a microphone more than once. No, not “equity”...
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Mike Brandly, Auctioneer
Jan 22, 20213 min read
An obligation to disclose?
Auctioneers are fiduciaries for their sellers or consignees. Auctioneers owe clients (principals) obedience, loyalty, disclosure,...
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Mike Brandly, Auctioneer
Jan 19, 20213 min read
Could posting false information have consequences?
Our question is simply, “Could posting false information have consequences?” The easy answer is, “yes.” A follow-up question to that is,...
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Mike Brandly, Auctioneer
Jan 18, 20214 min read
How qualified should that bidder be?
These two women want to register for your auction. What should they have to provide you as an auctioneer in order to do so? Driver’s...
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Mike Brandly, Auctioneer
Jan 15, 20212 min read
Auctioneers: When is a lack of evidence … evidence?
I majored in Mathematics at The Ohio State University. One of my several particular interests in math was prime numbers. As most of you...
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Mike Brandly, Auctioneer
Jan 13, 20213 min read
Auctioneers speaking about health
Some days I wake up and think … am I in another country? Maybe I’ve been transported to a different planet? No, I’m in the United...
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Mike Brandly, Auctioneer
Jan 11, 20213 min read
You’re not advertising my auction on Facebook?
We discussed a few months ago the issue of auctioneers not advertising their auctions in certain places because they disagree with that...
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