Mike Brandly, Auctioneer
‘Reasonably advantageous’ auction terms
I stay at many hotels throughout the year (although I have never stayed at the Black Bear Hotel in Allentown, Pennsylvania.) In doing so,...
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Mike Brandly, Auctioneer
Jul 17, 20172 min read
The NAA IAC Final Round Questions ’17
At the 2017 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 14 in Columbus,...
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Mike Brandly, Auctioneer
Jul 8, 20173 min read
Bid calling really does matter
Further, we wrote that auctioneers who are highly skilled in bid calling are paid a premium over those who are not, and that additional...
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Mike Brandly, Auctioneer
Jul 6, 20172 min read
Auctioneers, auctions and title
There is substantial case law all across the United States which suggests as an agent for the seller, the auctioneer is bound to verify...
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Mike Brandly, Auctioneer
Jun 29, 20172 min read
Real estate agents … auctioneers … and real estate auctioneers.
“They say that [Zillow,] a company they empowered and trusted, is taking advantage of them.” Yep — auctioneers heard how many times...
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Mike Brandly, Auctioneer
Jun 26, 20172 min read
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and in New York in 1977. ...
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Mike Brandly, Auctioneer
Jun 22, 20172 min read
Coming in waaaaaay below the pre-auction estimate
“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...
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Mike Brandly, Auctioneer
Jun 20, 20173 min read
Does the “buyer’s premium” show to the seller?
Following the auction, of course, the auctioneer would have to settle the auction with his seller. In doing so, that settlement...
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Mike Brandly, Auctioneer
Jun 8, 20172 min read
Where is auctioneer CE needed? Everywhere …
Brad Bergefurd, OSU Extension Educator & Horticulture Specialist, Charissa McGlothin, OSU Agriculture & Marketing Program Assistant and...
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Mike Brandly, Auctioneer
Jun 5, 20173 min read
Simulcast auctions and the timing of bids
I answered with the obvious observation, that the software would show which bids were placed by a person and which bids were placed...
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Mike Brandly, Auctioneer
Jun 1, 20173 min read
Auction terms versus auction descriptions …
So the auctioneer/auction company is able to succinctly express the precise terms and conditions of the auction — you must pay within 36...
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Mike Brandly, Auctioneer
May 30, 20173 min read
Pinhooking in the auction business
If alley trading, owner A is set to sell his car in the auction. Just before, B buys the car from A for $10,000. Then B runs the car...
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Mike Brandly, Auctioneer
May 22, 20172 min read
Bidders, last good faith bids and recourse
That analysis is here: https://mikebrandlyauctioneer.wordpress.com/2011/06/30/if-the-seller-bids/ As we have stated in countless...
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Mike Brandly, Auctioneer
May 18, 20172 min read
Auctioneer setting the bid in at the stated minimum?
We recently wrote twice about auctioneers setting the bid in: https://mikebrandlyauctioneer.wordpress.com/2016/12/22/should-the-auctionee...
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Mike Brandly, Auctioneer
May 11, 20172 min read
Auctions where buyer won’t pay; seller won’t convey
A bidder becomes the buyer and he refuses to pay for his purchase. A seller refuses to convey the property after a bidder becomes the...
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Mike Brandly, Auctioneer
Apr 28, 20172 min read
Online-only auction platform goes down …
We have previously written about online auction bidding becoming unavailable: https://mikebrandlyauctioneer.wordpress.com/2017/02/06/onl...
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Mike Brandly, Auctioneer
Apr 25, 20172 min read
Sued because of auction sale price
Here’s one such article from 2012 where the sellers actually sued the buyers for “buying too cheaply:” https://mikebrandlyauctioneer.wor...
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Mike Brandly, Auctioneer
Apr 17, 20172 min read
But that other bidder was drunk
Today, we explore the rights (if any) a high bidder may have if someone drunk or otherwise impaired bids against him. We broached this...
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Mike Brandly, Auctioneer
Apr 13, 20173 min read
Should the auctioneer “set the [bid] in?”
Randy Wells says, “I ran a weekly auction house for 17 years and I can say that I probably started 98.9% of the items we sold.” We have...
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Mike Brandly, Auctioneer
Apr 10, 20172 min read
Can auctioneers trust any online platform?
And, so far almost every online platform (once with enough data and/or enough money on the table) has decided to do one of two things:...
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