An online auction company’s marketplace
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Vern and his two sons sold over 11 hours in three rings to fully liquidate Charlie’s extensive farm equipment, tool and gun collections....
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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Mike Brandly, Auctioneer
Mar 29, 20123 min read
Discussing commissions with competitors
Technically, colluding on price amongst competitors, also known as horizontal price fixing, is viewed as a per se violation of the...
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Mike Brandly, Auctioneer
Mar 28, 20123 min read
Sued for buying too cheap?
Apparently, on July 11, 2010, a well-known real estate broker and auctioneer was hired to market and sell at auction 18 condominium units...
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Mike Brandly, Auctioneer
Mar 25, 20123 min read
Vickrey auctions — high bidder bids more honestly
A seller can have bidders submit sealed bids, and then sell the single-item to the highest bidder. For example, 3 bidders place sealed...
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Mike Brandly, Auctioneer
Mar 22, 20123 min read
Can’t buy or can’t bid?
In Ashgrove, as with nearly all of the surrounding communities, it is strictly illegal to point a gun directly at another unarmed person...
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Mike Brandly, Auctioneer
Mar 19, 20123 min read
Court auctions — does money trump principle?
Generally, when Bankruptcy courts oversee auctions, and for that matter, when state and county courts oversee auctions, there is often a...
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Mike Brandly, Auctioneer
Mar 18, 20124 min read
Title 9 Section 201.56 Purchases from consignment
Its rules prohibit auctioneers working the auction from bidding on consigned livestock. Here’s the text of that law:Title 9 – Animals and...
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Mike Brandly, Auctioneer
Mar 16, 20123 min read
Are Internet auction laws necessary?
By 2007, upwards of $80,000 in goods and services sold on www.ebay.com every minute of every day. Today at various times just as much or...
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Mike Brandly, Auctioneer
Mar 15, 20123 min read
What’s it worth?
We concluded then that possibly all property only has extrinsic value (value by agreement) rather than intrinsic value, which is deemed...
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Mike Brandly, Auctioneer
Mar 11, 20123 min read
You can’t start where you want to finish …
What were talking about here is “Auction 101” in a sense, as this concept is basic to all types of auctions, regardless of type of...
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Mike Brandly, Auctioneer
Mar 10, 20123 min read
Auctioneer’s chant: Captivation & Motivation
The auctioneer’s chant, however, is much more than simply a time-honored institution in the industry, according to Mike Jones, CAI, BAS,...
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Mike Brandly, Auctioneer
Mar 4, 20123 min read
Importing and exporting guns to/from the United States
Over 700 bidders from 9 states bid live in addition to 475 online bidders from throughout the United States, Canada and Europe. Shooter...
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Mike Brandly, Auctioneer
Mar 1, 20123 min read
“… but I have a concealed carry permit.”
Over 700 bidders from 9 states bid live in addition to 475 online bidders from throughout the United States, Canada and Europe. Shooter...
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Mike Brandly, Auctioneer
Feb 28, 20123 min read
Online auction company, “shares your bidders?”
This platform allows auctioneers to list property on their site, and allows bidders to bid two ways. Bidders can either bid during the...
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Mike Brandly, Auctioneer
Feb 27, 20123 min read
Reserve not met … means bid is rejected?
Auction bid-calling contracts are somewhat unique, and different in many ways with other contract arrangements. This brings us to our...
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Mike Brandly, Auctioneer
Feb 14, 20123 min read
Bidder bids a negative amount …
I was asked the other day if a bidder bid a negative amount (such as -$50) at an absolute [without reserve] auction, “Is the auctioneer...
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Mike Brandly, Auctioneer
Feb 11, 20122 min read
Fred S. Fissell — The Auctioneer
In the same newspaper, we see an advertisement from W. C. F. Michel, Auctioneer for an auction to be held on Thursday, March 16, 1911...
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