Mike Brandly, Auctioneer
What did your attorney say?
We help attorneys with appraising and selling assets held in estates, guardianships, bankruptcies and other similar situations. We assist...
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Mike Brandly, Auctioneer
Apr 8, 20163 min read
Fiduciary duty in auction marketing
He is one of the few other bloggers who I have listed on the “blogroll” on my blog — and for good reason. Ryan’s blog is a tremendous...
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Mike Brandly, Auctioneer
Mar 25, 20163 min read
Sold! To the live & online bidder?
While studies have held that auctions should be live or online, and not both, this method persists in some markets. The argument made is...
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Mike Brandly, Auctioneer
Mar 15, 20162 min read
I drove … miles and the auction is canceled?
“That’s false advertising! That’s bait and switch! That’s misrepresentation!” Ellen had got up early, got dressed, stopped for coffee,...
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Mike Brandly, Auctioneer
Mar 4, 20163 min read
Auction post cancellation?
Frank bequeathed (and technically devised) the lumberyard to her upon his death per his will. However, Connie desired to sell the...
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Mike Brandly, Auctioneer
Mar 1, 20162 min read
How much will I get at auction?
It might be land, a tractor or a piece of jewelry. Sellers want to know before consigning such, or maybe are just curious. Auctioneers...
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Mike Brandly, Auctioneer
Feb 26, 20162 min read
Consumers and “auctions”
Instead, John notes, they are searching using terms such as “buy” and “for sale” when looking to purchase something. The implication...
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Mike Brandly, Auctioneer
Feb 17, 20161 min read
Seller and buyer identity at auction
And lots of discussion lately about buyers wanting / deserving seller information from property purchased at auction. While a state (such...
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Mike Brandly, Auctioneer
Feb 2, 20162 min read
Nobody bids just once …
This was no doubt in regard to a live auction where an auctioneer can assume nobody bids just once. In other words, if he bids $5,000,...
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Mike Brandly, Auctioneer
Jan 25, 20163 min read
The smallest increment
We have written about the conflict with minimum bid increments and a without reserve (absolute) auction. Most notably, our analysis here...
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Mike Brandly, Auctioneer
Jan 21, 20162 min read
Auctioneers can sell a house in how many minutes?
Yet, what exactly did we do in ten minutes? We simply put the home in contract in ten minutes — not something any real estate agent...
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Mike Brandly, Auctioneer
Jan 11, 20164 min read
15 things about Auctioneers and guns
Of various topics discussed at such get-togethers, selling guns at auction is certainly explored. In concert with selling guns, the...
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Mike Brandly, Auctioneer
Jan 7, 20162 min read
Seller says, “Who bought my …?”
We’ve written about auction buyer identity several times: https://mikebrandlyauctioneer.wordpress.com/2010/05/28/buyer-wants-his-identity...
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Mike Brandly, Auctioneer
Jan 5, 20162 min read
J. Stephen Proffitt III, Esq.
J. Stephen Proffitt III, Esq. (known by most as “Steve Proffitt”) was a well-known attorney and auctioneer. He had a remarkable impact on...
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Mike Brandly, Auctioneer
Jan 1, 20162 min read
Online auction platform dictates commission structure
And yes, they dictate that the auctioneers who place property on their site cannot charge a buyer’s premium. Their exact phrasing is...
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Mike Brandly, Auctioneer
Dec 7, 20153 min read
Law, contract and customary practice in the auction business
In other words, what’s the applicable law or rule? What did the parties agree to in their contract? What is customary practice in...
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![Auction [house] breakage](https://static.wixstatic.com/media/69aad9_21fd9e3dda3049388d012c8535893737~mv2.jpg/v1/fill/w_427,h_477,fp_0.50_0.50,lg_1,q_90,enc_auto/69aad9_21fd9e3dda3049388d012c8535893737~mv2.jpg)
Mike Brandly, Auctioneer
Dec 5, 20153 min read
Auction [house] breakage
It sold for $33.2 Million on November 7, 2007 at Sotheby’s in New York. For purposes of our discussion today, let’s say someone broke it...
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Mike Brandly, Auctioneer
Dec 1, 20154 min read
UCC 2-328 & UCC 1-302
The Uniform Sales Act, drafted by Samuel Williston (1861 – 1963) who served as private secretary for U.S. Supreme Court Justice Horace...
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Mike Brandly, Auctioneer
Nov 27, 20152 min read
Genuine intent to transfer to the highest bidder regardless of price
We discussed this disquisition in some detail — once again — at the National Auctioneers Association‘s Accredited Auctioneer of Real...
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Mike Brandly, Auctioneer
Nov 18, 20152 min read
Seller can’t attend his own auction?
Certainly some sellers desire to watch their property sell at auction, while others do not. For those who want to watch, our question...
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