Mike Brandly, Auctioneer
The NAA IAC Final Round Questions ’10
At the 2010 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 16 in...
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Mike Brandly, Auctioneer
Jul 10, 20103 min read
Auctioneers aren’t commodities
We concluded rather swiftly, that the answer was, “No,” that auctioneers were not commodities. Let’s first look at what a commodity is:...
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Mike Brandly, Auctioneer
Jul 4, 20103 min read
Where are the auctions?
We wrote concerning the number of auctioneers a few months ago. Here, we wish to discuss how many auctions there are, and where they are...
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Mike Brandly, Auctioneer
Jul 1, 20102 min read
Auctioneers must have great support staff
These support personnel often are a spouse, children, father, mother, or other family; many auctioneers hire employees (or contract with...
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Mike Brandly, Auctioneer
Jun 25, 20103 min read
Does anything sell at auction for less than market value?
In our article about tag (estate) sales, we noted that at an auction, everything sells for market value. We made this statement without...
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Mike Brandly, Auctioneer
Jun 24, 20104 min read
An auction versus a tag sale or estate sale
A tag sale involves, basically, a person hired by the fiduciary who will “price” each item with a tag, indicating that the item is...
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Mike Brandly, Auctioneer
Jun 23, 20101 min read
Michigan State Auctioneers Association endorses Brandly
For Immediate Release The Board of Directors of the Michigan State Auctioneers Association (MSAA) recently endorsed MSAA member Mike...
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Mike Brandly, Auctioneer
Jun 18, 20102 min read
As-is auction with an especially “as-is” item?
As I understand the story (or stories) is that this one item had a particularly latent issue that the auctioneer wanted his bidders to...
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Mike Brandly, Auctioneer
Jun 13, 20103 min read
What about a two-day auction?
In the 1980’s, Wendy’s experimented with a breakfast offering, which was largely unsuccessful. Among the numerous reasons this endeavor...
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Mike Brandly, Auctioneer
Jun 9, 20103 min read
Should auctioneers sell in more than one ring?
What selling in more than one ring does is get the auction over more quickly. For example, if an auction has 1,500 lots, one auctioneer...
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Mike Brandly, Auctioneer
Jun 8, 20101 min read
Is sales tax charged on top of the buyer’s premium?
This really isn’t complicated. Let’s take two examples: Auctioneer Bob doesn’t charge a buyer’s premium. Customer Sally purchases a...
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Mike Brandly, Auctioneer
Jun 4, 20103 min read
Auctioneer franchising
First, some terminology. In a franchise arrangement, the (typically) local auctioneer becomes a franchisee by buying a franchise from a...
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Mike Brandly, Auctioneer
Jun 2, 20103 min read
On-site versus off-site auctions
At an auction house, rented facility or the like On-site, at the farm, house or property Why would a client prefer an on-site auction...
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Mike Brandly, Auctioneer
Jun 2, 20102 min read
The “Nominal Opening Bid”
We wrote about issues with auctioneers using an opening bid to suggest a minimum bid a few months ago. That post is here: The Opening...
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Mike Brandly, Auctioneer
Jun 1, 20102 min read
Comparing 2 wired auctioneer sound systems
There are a wide variety of sound systems available to auctioneers. Most lower-priced or entry level models are wired, where a cord is...
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Mike Brandly, Auctioneer
May 31, 20102 min read
Comparing 3 wireless auctioneer sound systems
There are a wide variety of sound systems available to auctioneers. Most current models are wireless, or provide for optional wireless...
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Mike Brandly, Auctioneer
May 30, 20103 min read
Seller wants his identity and sales prices kept confidential at auction
It is now 3 years after Mr. Georges Wyatt purchased his long-desired painting. He now wishes to sell the painting at auction, and wants...
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Mike Brandly, Auctioneer
May 28, 20104 min read
Buyer wants his identity and sales price kept confidential at auction
Friday finally arrives, and the subject painting comes up for auction. Mr. Wyatt opens the bid at $100,000 and bidding moves swiftly...
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Mike Brandly, Auctioneer
May 25, 20102 min read
Is it okay for the auction staff to bid?
I am somewhat new to the auction scene and was wondering if it is standard procedure for workers at an auction to bid on items that they...
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Mike Brandly, Auctioneer
May 24, 20102 min read
Why do we say, “It sold for … including the buyer’s premium?”
This is done, generally, to attract clients wishing to sell their items for similar prices. If Julie has a Roseville Blackberry vase to...
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