Mike Brandly, Auctioneer
Ohio Auctioneers & Trust Accounts
That previous writing is here: https://mikebrandlyauctioneer.wordpress.com/2012/06/23/auctioneer-trust-accounts/. Today, we look at my...
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Mike Brandly, Auctioneer
Aug 15, 20183 min read
Auctioneers, Facebook, Censorship and [Fake] News …
Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day loss for any public company in...
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Mike Brandly, Auctioneer
Aug 13, 20182 min read
Auctioneers, the IRS and appraisals
For reference, here is our previous article on IRS appraisals from 2013: https://mikebrandlyauctioneer.wordpress.com/2013/05/01/auctione...
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Mike Brandly, Auctioneer
Aug 8, 20182 min read
Representing (or misrepresenting) auction bidders …
We have written about this more than once, including here: https://mikebrandlyauctioneer.wordpress.com/2012/07/17/who-else-was-bidding/...
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Mike Brandly, Auctioneer
Aug 6, 20182 min read
Helping auctioneers or the auction industry?
First of all, I’m not going after anyone as I’m not a party to any of the lawsuits where I’m asked to testify. Rather, either the...
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Mike Brandly, Auctioneer
Aug 1, 20182 min read
When has the UCC 2-328 been a bad idea?
https://mikebrandlyauctioneer.wordpress.com/2018/07/26/auctioneers-you-want-win-in-court-or-stay-out-of-court/ What we suggested in that...
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Mike Brandly, Auctioneer
Jul 26, 20183 min read
Auctioneers — you want to win in court, or stay out of court?
We’ve discussed the legal issues, merits and otherwise the prudence of following the UCC 2-328 more strictly and not modifying it per the...
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Mike Brandly, Auctioneer
Jul 24, 20182 min read
Are we as auctioneers too difficult to understand?
National Auctioneers Association President Tim Mast even brought this issue up recently. It’s a good question with an easy answer — if...
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Mike Brandly, Auctioneer
Jul 20, 20183 min read
The NAA IAC Final Round Questions ’18
At the 2018 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 20 in Jacksonville,...
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Mike Brandly, Auctioneer
Jul 16, 20182 min read
Auction expert witness and standards of proof
Most cases in which we’ve been involved have been civil cases, where the standard of proof has been generally either a preponderance of...
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Mike Brandly, Auctioneer
Jul 11, 20183 min read
No auctioneer licensing so anything goes?
Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...
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Mike Brandly, Auctioneer
Jul 9, 20183 min read
Can a lot be unsold at auction?
Items are put up for auction in the United States and around the world every second of every day. In the United States alone, millions...
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Mike Brandly, Auctioneer
Jul 6, 20182 min read
Is free speech always free?
We wrote about contracts always being in writing here: https://mikebrandlyauctioneer.wordpress.com/2016/04/19/auctioneers-always-written...
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Mike Brandly, Auctioneer
Jul 4, 20183 min read
More bidders or the right bidders?
At auction, the final high bid is (largely) determined by the last two bidders — the high bidder and the runner-up bidder. Given that,...
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Mike Brandly, Auctioneer
Jul 2, 20183 min read
The “basics” of the auction business?
https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ In that blog, I noted that a...
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Mike Brandly, Auctioneer
Jun 27, 20182 min read
What does your free auctioneer cost you?
Christie asked, “What is your ‘free’ auctioneer costing your fundraising event?” I invite you to read more here: ...
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Mike Brandly, Auctioneer
Jun 25, 20182 min read
At auction … when is it “Sold!?”
However, online it’s apparently not that clear. It could be when the auctioneer (or software) says “Sold! or it could be when the invoice...
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Mike Brandly, Auctioneer
Jun 23, 20183 min read
South Dakota v. Wayfair, Inc., et al.
A very material case for auctioneers at the Supreme Court of the United States was decided June 21, 2018. The decision can be read here:...
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Mike Brandly, Auctioneer
Jun 21, 20183 min read
That other bidder, and fraudulent inducement
There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:...
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Mike Brandly, Auctioneer
Jun 18, 20183 min read
How the auction industry lost at least one bidder
If there is one single consistent theme running through the minds of plaintiffs in these cases, it might be: Auctioneers “running the...
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