Why are we looking for “tie bids?”
top of page
Search
A tie implies sameness — a draw or deadlock. In other words, at auction for there to be a tie bid, both bidders would have to bid the...
Mike Brandly, Auctioneer
Dec 26, 20182 min read
Are auctioneers “hired guns?”
We wrote about traits to look for when hiring a contract auctioneer here: http://mikebrandlyauctioneer.wordpress.com/2014/01/03/the-9-im...
0 views0 comments
Mike Brandly, Auctioneer
Dec 21, 20182 min read
Online auctions and shipping times
Given this premise, we discuss here what are reasonable shipping times for auctioneers. In this regard, we reference this the 30-Day...
0 views0 comments
Mike Brandly, Auctioneer
Dec 14, 20182 min read
Bid from the comfort of your home or office
Apparently an attorney told an auctioneer that this phrase should immediately be removed from his auction advertising — as it implied a...
0 views0 comments
Mike Brandly, Auctioneer
Dec 12, 20182 min read
Buy this at auction and …
However, what if an auction advertisement said, “Buy this at auction and ski down the hill from your back door,” or “Buy this at auction...
0 views0 comments
Mike Brandly, Auctioneer
Dec 3, 20182 min read
Do auctioneers perceive themselves as ethical?
The data we share in our classes suggests the general public probably thinks auctioneers are on the whole … less than ethical. Very...
1 view0 comments
Mike Brandly, Auctioneer
Nov 26, 20182 min read
Bid calling and the mailbox rule
Mark Younger and his staff helping our client sell over 3,300 lots. Several times during these recent auctions, it must have appeared to...
0 views0 comments
Mike Brandly, Auctioneer
Nov 19, 20182 min read
Crazy auction terms and conditions?
Auction/auctioneer has the right to terminate any contract between auction/auctioneer and consignor/seller for any reason, up to and...
0 views0 comments
Mike Brandly, Auctioneer
Nov 10, 20183 min read
Auctions and contract symmetry
We have argued for years that auction contracts (listing contracts, consignment contracts, terms and conditions, bid calling contracts)...
0 views0 comments
Mike Brandly, Auctioneer
Nov 8, 20182 min read
Auctioneers and the first right of refusal
Most often, as auctioneers conduct periodic events (every month, every year) they might extend a first right of refusal to an entity...
0 views0 comments
Mike Brandly, Auctioneer
Oct 30, 20182 min read
Auction theft or an auction unpaid?
If this buyer’s check bounced and the buyer has possession and control of the property — this is likely theft — a criminal matter. If...
1 view0 comments
Mike Brandly, Auctioneer
Oct 26, 20182 min read
Are competitive pre-auction bids pre-auction?
https://mikebrandlyauctioneer.wordpress.com/2018/09/03/simulcast-auctions-how-they-work-and-how-they-dont/ For example, if a simulcast...
0 views0 comments
Mike Brandly, Auctioneer
Oct 24, 20183 min read
Possible risk with assigning risk
https://mikebrandlyauctioneer.wordpress.com/2018/10/18/puffing-or-representing-while-bid-calling/ and as promised, here’s our more...
0 views0 comments
Mike Brandly, Auctioneer
Oct 22, 20183 min read
I’d rather buy from Amazon than at auction; is it any wonder?
Amazon.com (or countless other online retailers.) Let’s see, what’s involved in such a transaction? Click? Yep, pretty much. No...
0 views0 comments
Mike Brandly, Auctioneer
Oct 18, 20183 min read
Puffing or representing while bid calling
Kurt Bachman is a skilled attorney and auctioneer. We don’t always agree, but his recent article regarding “Does your chant create an...
0 views0 comments
Mike Brandly, Auctioneer
Oct 10, 20183 min read
Legal precedent in auction cases …
I note that any prior ruling could be binding or a principle and therefore persuasive. Therefore precedent may not be binding but be...
0 views0 comments
Mike Brandly, Auctioneer
Oct 8, 20182 min read
Going, going, gone … at auction
Sotheby’s recently sold a framed image of a girl reaching out for a red, heart-shaped balloon for $1.4 million. Then moments later a...
0 views0 comments
Mike Brandly, Auctioneer
Oct 5, 20183 min read
“As-is” with absolutely no inspection opportunity
Of course, caveat emptor is the principle that the buyer alone is responsible for checking the quality and suitability of goods before a...
0 views0 comments
Mike Brandly, Auctioneer
Oct 3, 20182 min read
Make an auction offer irrevocable … accept it.
As most know, in contract law offers basically remain open until acceptance, rejection, revocation, expiration, operation of law, death,...
0 views0 comments
Mike Brandly, Auctioneer
Oct 1, 20182 min read
The highest price … or the highest offer?
Song Dynasty. One such example came up for auction in London, England and Dr. Yao planned to attend and bid. The day of the auction, Dr....
1 view0 comments
bottom of page