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What’s the thinking here? Auctioneers endeavor to use wording to attract bidders — to get them to pay attention to their auction instead...
Mike Brandly, Auctioneer
Nov 28, 20132 min read
The best luggage for traveling auctioneers
As such, many are flying to destinations, and in need of excellent quality luggage. After discussing this issue with several auctioneers...
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Mike Brandly, Auctioneer
Nov 26, 20134 min read
Passed lots at auctions
Drip … drip … drip … drip … drip … drip … I got up and fumbled my way to the bathroom and turned the faucet handle a bit tighter, and the...
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Mike Brandly, Auctioneer
Nov 18, 20133 min read
“Sold!” to the previous bidder
Bill is the high bidder at $1,000 and the auctioneer is asking for a bid of $1,100. The auctioneer sees Aaron wave, and takes that as a...
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Mike Brandly, Auctioneer
Oct 28, 20132 min read
What? “Our best auction was the one we never did?”
These classes have been held at auctioneer state conventions, national conventions, auction schools and many other venues. Speakers have...
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Mike Brandly, Auctioneer
Oct 14, 20132 min read
Can auctioneer say, “We don’t charge a buyer’s premium?”
A smaller regional auction firm conducts real estate auctions and does not charge a buyer’s premium. The large nationwide firm notes in...
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Mike Brandly, Auctioneer
Oct 9, 20132 min read
Auctioneers attending other auctioneers’ auctions
They sure do. I have traveled all over the United States as an auctioneer, and seen all of the below motivations to attend both our...
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Mike Brandly, Auctioneer
Oct 4, 20132 min read
It’s “swart” to have a meeting
Such a meeting as this is basically conducted to ensure everyone is, “all on the same page.” This type of meeting is certainly more...
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Mike Brandly, Auctioneer
Sep 30, 20133 min read
You want to cancel the auction?
That staff have brought in boxes and totes, hauled over 200 bags of debris away, and stacked over 50 tables on the front porch. The...
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Mike Brandly, Auctioneer
Sep 19, 20132 min read
The word “estate” in the auction business …
When an auctioneer says the word, “estate” what does he or she mean? The word “estate” has long roots, dating back to the 13th century....
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Mike Brandly, Auctioneer
Sep 2, 20133 min read
The 15 most misunderstood things about the UCC 2-328
I’ve taught classes involving the UCC 2-328 for nearly 15 years. In that time frame, I’ve talked to (and with) 1,000’s of auctioneers...
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Mike Brandly, Auctioneer
Aug 28, 20132 min read
Can an auctioneer reject an offer?
They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....
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Mike Brandly, Auctioneer
Aug 26, 20132 min read
The suggested opening bid …
For instance, a newspaper advertisement, online advertisement and/or sign which said, “This is an absolute auction with no minimum bid,...
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Mike Brandly, Auctioneer
Aug 21, 20132 min read
When, exactly, can the auctioneer take his commission?
The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...
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Mike Brandly, Auctioneer
Aug 16, 20133 min read
How long of a delay is considered a withdrawal?
And with only four paragraphs, there are many subtleties which are less obvious. For example, our topic today. Our scenario is a...
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Mike Brandly, Auctioneer
Aug 14, 20132 min read
Can you have an absolute online-only auction? Should you?
An absolute auction: An auction where once a lot (property) is put up for bid, and a bid is received within a reasonable time, the lot...
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Mike Brandly, Auctioneer
Aug 6, 20132 min read
Auction contract binding upon who?
I note a particular paragraph found in my contract as well as many (I suspect) other auction consignment contracts used by auctioneers...
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Mike Brandly, Auctioneer
Aug 5, 20132 min read
A state auctioneers commission
Typical requirements for licensure include auction school, a test, fees, bonding, background check, serving an apprenticeship and/or...
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Mike Brandly, Auctioneer
Jul 25, 20132 min read
Is the ringman an agent?
These ringmen typically help present property to the bidders, and also relay bids and other information to/from the audience and the...
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Mike Brandly, Auctioneer
Jul 9, 20132 min read
In Louisianna it sells absolute
The only state which did not adopt the UCC 2-328 into their state law is Louisiana, however their courts regularly rule as if they had....
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