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Mike Brandly, Auctioneer
May 9, 20192 min read
Intent: Direct and circumstantial evidence in auction cases
Here’s one of those prior writings: https://mikebrandlyauctioneer.wordpress.com/2015/11/27/genuine-intent-to-transfer-to-the-highest-bid...
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Mike Brandly, Auctioneer
May 7, 20193 min read
Hiring an auctioneer — is it price or value?
… A fraction of 1% saved in power transmitted soon pays the cost difference between a poor belt and a good one. One breakdown may wipe...
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Mike Brandly, Auctioneer
May 3, 20192 min read
Number of bidders, competition, intensity, willingness … to bid?
https://mikebrandlyauctioneer.wordpress.com/2019/04/01/auctioneers-alpha-and-beta-and-more/. Our thinking comes from conducting thousands...
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Mike Brandly, Auctioneer
Apr 30, 20192 min read
Is it simply “as-is” with inspection and/or a “return policy?”
First, if you as an auctioneer are selling property “as-is” and “where-is” then you need to allow bidders reasonable opportunity to...
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Mike Brandly, Auctioneer
Apr 26, 20192 min read
Auction super precedents
We discussed if there were any other cases which would help or hurt her client’s claims and there really aren’t any of material nature. ...
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Mike Brandly, Auctioneer
Apr 18, 20192 min read
Are we making buying at auction easier or more difficult?
I’ve been a long-standing advocate for auctioneers to join the 21st century — simpler, more equitable terms and conditions. Yet,...
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Mike Brandly, Auctioneer
Apr 15, 20193 min read
Death of a salesman?
Arthur Miller. It concerns an over-the-hill salesman facing a personal turning point when he loses his job and attempts to make peace...
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Mike Brandly, Auctioneer
Apr 11, 20192 min read
Bad auction bidder and we do what?
First of all — auctioneers are advised that in order to do that, you better have your client’s knowledge and consent — memorialized in...
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Mike Brandly, Auctioneer
Apr 9, 20193 min read
“Professional” auctioneers shouldn’t be trusted? Really?
Do I think most auctioneers are lairs? Do I think to be a “professional” auctioneer, one must lie? I do not. Further, I believe very...
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Mike Brandly, Auctioneer
Apr 5, 20192 min read
Where is auction collusion more prevalent?
Bidders sometimes arrange to not bid against each other thus depressing prices. Some bidders engage other bidders to “make sure” their...
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Mike Brandly, Auctioneer
Apr 3, 20194 min read
Online auctions making the seller more, or the auctioneer more?
Most live auctions (with no online component) advertise the significant items with maybe one picture of each, and some description ending...
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Mike Brandly, Auctioneer
Apr 1, 20193 min read
Auctioneers, Alpha and Beta and more …
Of course, the issue is — who is the most interested bidder? Who is the second most interested bidder? Since prior to the auction, these...
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Mike Brandly, Auctioneer
Mar 28, 20192 min read
Bidder asks “Who is the other bidder?”
Occasionally, a bidder may want to know who the “other” bidder is … in other words, “Who is bidding against me?” One question we take a...
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Mike Brandly, Auctioneer
Mar 26, 20192 min read
What is a flash [auction] sale?
Generally in commerce, flash sales are deep[er] discounts on limited quantities for a short period of time. Presumably a flash [auction]...
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Mike Brandly, Auctioneer
Mar 22, 20192 min read
What the lack of auctioneer licensing causes …
https://mikebrandlyauctioneer.wordpress.com/2019/01/21/auctioneer-licensing-might-be-changing/ In regard to such lack of licensing,...
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Mike Brandly, Auctioneer
Mar 20, 20193 min read
An auction that is both with AND without reserve?
First, let me clarify that this term “auction” here is just one lot, rather than the term “auction event” consisting of all the lots as...
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Mike Brandly, Auctioneer
Mar 18, 20192 min read
Puffing and bids in bad faith
Said another way, in a forced sale where most hold that anyone can bid including the seller, can any bids be considered in bad faith? My...
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Mike Brandly, Auctioneer
Mar 14, 20193 min read
Bids per lot? Number of bidders placing bids?
I asked for an opening bid of $1,000 and dropped down to $500 when a known-silver-buyer opened the bid at $300. I asked $350 and got it,...
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Mike Brandly, Auctioneer
Mar 11, 20192 min read
The $1,300,000 or $1,510,000 bull
Schaff Angus Valley as the seller retained possession of the bull and 20% of the semen rights, with the buyer (Herbster Angus Farms)...
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Mike Brandly, Auctioneer
Mar 7, 20193 min read
Auctioneers and “the” law versus “that” law
Stanley Forman Reed — without a law degree — serving as Associate Justice of the Supreme Court of the United States, 1938 – 1957 Our...
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