Mike Brandly, Auctioneer
Absolute? With a guarantee?
An absolute auction strictly means the property is selling to the highest bidder, with no limiting conditions such as a minimum bid,...
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Mike Brandly, Auctioneer
Jun 30, 20123 min read
Auction bidder obstacles
In fact, we coined the phrase “prospect of a deal” some time ago. Yet, despite this powerful draw to an auction, can an auctioneer make...
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Mike Brandly, Auctioneer
Jun 24, 20124 min read
Charity auctioneers charging commissions
In the landmark United States Supreme Court case Lochner vs. New York, 198 U.S. 45 (1905), the Court held that the “liberty of contract”...
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Mike Brandly, Auctioneer
Jun 22, 20123 min read
Auctioneer trust accounts
He accepts consignments Monday, Tuesday and Wednesday and then has his auction every Friday beginning at 4:00 p.m. Ed and his 12-year-old...
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Mike Brandly, Auctioneer
Jun 18, 20123 min read
Mandatory auctioneer continuing education?
Thus, these states take a proactive role in qualifying and governing those who work as auctioneers. Only some of these “license” states...
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Mike Brandly, Auctioneer
Jun 15, 20123 min read
Auctioneer: “Let’s take a break …”
The highly anticipated auction at the Springfield VFW hall started at 5:00 p.m. with over 120 in the room. The initial bid was $1,000 per...
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Mike Brandly, Auctioneer
Jun 8, 20126 min read
What is an “unreserved” auction?
There are not three, four nor five types. Additionally there are no legal “hybrids” of the two types. In other words, an auction is...
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Mike Brandly, Auctioneer
Jun 5, 20123 min read
Whose buyers are they?
In fact, the seller really doesn’t belong to the auctioneer, but the auctioneer most likely has an exclusive right to represent and act...
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Mike Brandly, Auctioneer
May 29, 20122 min read
Must the seller be at the auction?
We recently wrote about the advantages and disadvantages of the seller being present for the auction: http://mikebrandlyauctioneer.wordpr...
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Mike Brandly, Auctioneer
May 25, 20123 min read
Should the seller be at the auction?
Auctioneers seem to come to different conclusions regarding this. Some say the seller should be at the auction, and others say the seller...
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Mike Brandly, Auctioneer
May 22, 20123 min read
Auctioneer disclaimers
Auctioneer disclaimers are as common as actual auctions. For centuries, auctioneers have “disclaimed” certain responsibilities in their...
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Mike Brandly, Auctioneer
May 21, 20122 min read
Selling choice (or a right) in an absolute auction?
In essence, we asked if an auctioneer offered the high bidder choice of a group of items in an absolute auction, where that bidder could...
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Mike Brandly, Auctioneer
May 17, 20124 min read
Auction photos
As well, in hopes of limiting liability, many auctioneers are using more pictures, and less accompanying descriptive text. In this way, a...
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Mike Brandly, Auctioneer
May 12, 20123 min read
How many auctions?
When Harry first graduated, he held only 1-2 auctions per year. However, about 1985 his name became more famous in auction circles and he...
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Mike Brandly, Auctioneer
May 8, 20125 min read
A consignor’s comparision — online vs. live auction
However, we’ve changed the names, city, state and subject item to keep the actual names, city, state and subject item confidential. All...
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Mike Brandly, Auctioneer
May 6, 20123 min read
I won’t take less than … but the bidding starts at?
I was emailed a real property auction flyer the other day. Presumably to see what a great job of marketing the auctioneer did. In bold...
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Mike Brandly, Auctioneer
May 4, 20123 min read
Orderly conduct of the auction process?
Auctioneers use this phrase “as-is, where-is” to denote, generally, two conditions of the sale: As-is: The buyers are accepting the...
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Mike Brandly, Auctioneer
Apr 18, 20122 min read
A curious 1931 Model J Duesenberg
John apparently stored his 1931 Model J Duesenberg automobile (and a Rolls Royce) in a Manhattan storage unit (Windsor Garage) for over...
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Mike Brandly, Auctioneer
Apr 16, 20124 min read
Auctioneers posting commission rates
Presumably, such a display of commission rates enables potential clients to see what that auctioneer charges, and make judgements about...
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Mike Brandly, Auctioneer
Apr 8, 20124 min read
Customer breaks item scheduled in online auction
Over 300 lots of glassware, china, figurines and other somewhat delicate collectibles are scheduled to sell to the highest bidders on...
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