Mike Brandly, Auctioneer
“Sold!” to the previous bidder
Bill is the high bidder at $1,000 and the auctioneer is asking for a bid of $1,100. The auctioneer sees Aaron wave, and takes that as a...
top of page
Search
Mike Brandly, Auctioneer
Nov 11, 20132 min read
Why is the online auction final sale price not listed?
He won about $700 worth of items, and inquired about the selling prices of a few other items on which he left absentee bids. I’m glad to...
0 views0 comments
Mike Brandly, Auctioneer
Oct 28, 20132 min read
What? “Our best auction was the one we never did?”
These classes have been held at auctioneer state conventions, national conventions, auction schools and many other venues. Speakers have...
0 views0 comments
Mike Brandly, Auctioneer
Oct 14, 20132 min read
Can auctioneer say, “We don’t charge a buyer’s premium?”
A smaller regional auction firm conducts real estate auctions and does not charge a buyer’s premium. The large nationwide firm notes in...
5 views0 comments
Mike Brandly, Auctioneer
Oct 9, 20132 min read
Auctioneers attending other auctioneers’ auctions
They sure do. I have traveled all over the United States as an auctioneer, and seen all of the below motivations to attend both our...
0 views0 comments
Mike Brandly, Auctioneer
Oct 4, 20132 min read
It’s “swart” to have a meeting
Such a meeting as this is basically conducted to ensure everyone is, “all on the same page.” This type of meeting is certainly more...
0 views0 comments
Mike Brandly, Auctioneer
Sep 30, 20133 min read
You want to cancel the auction?
That staff have brought in boxes and totes, hauled over 200 bags of debris away, and stacked over 50 tables on the front porch. The...
0 views0 comments
Mike Brandly, Auctioneer
Sep 17, 20133 min read
An auctioneer’s opening annoucement
Norm has been an auctioneer for 29 years. He conducts mostly onsite auctions, and occasionally rents a building at the fairgrounds for...
0 views0 comments
Mike Brandly, Auctioneer
Sep 12, 20133 min read
The buyer’s premium doesn’t matter …
We wrote about the buyer’s premium some time ago. We also wrote about the net effect of the buyer’s premium discussing how buyers...
0 views0 comments
Mike Brandly, Auctioneer
Sep 2, 20133 min read
The 15 most misunderstood things about the UCC 2-328
I’ve taught classes involving the UCC 2-328 for nearly 15 years. In that time frame, I’ve talked to (and with) 1,000’s of auctioneers...
1 view0 comments
Mike Brandly, Auctioneer
Aug 28, 20132 min read
Can an auctioneer reject an offer?
They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....
0 views0 comments
Mike Brandly, Auctioneer
Aug 26, 20132 min read
The suggested opening bid …
For instance, a newspaper advertisement, online advertisement and/or sign which said, “This is an absolute auction with no minimum bid,...
0 views0 comments
Mike Brandly, Auctioneer
Aug 21, 20132 min read
When, exactly, can the auctioneer take his commission?
The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...
0 views0 comments
Mike Brandly, Auctioneer
Aug 16, 20133 min read
How long of a delay is considered a withdrawal?
And with only four paragraphs, there are many subtleties which are less obvious. For example, our topic today. Our scenario is a...
0 views0 comments
Mike Brandly, Auctioneer
Aug 14, 20132 min read
Can you have an absolute online-only auction? Should you?
An absolute auction: An auction where once a lot (property) is put up for bid, and a bid is received within a reasonable time, the lot...
0 views0 comments
Mike Brandly, Auctioneer
Aug 6, 20132 min read
Auction contract binding upon who?
I note a particular paragraph found in my contract as well as many (I suspect) other auction consignment contracts used by auctioneers...
0 views0 comments
Mike Brandly, Auctioneer
Jul 25, 20132 min read
Is the ringman an agent?
These ringmen typically help present property to the bidders, and also relay bids and other information to/from the audience and the...
1 view0 comments
Mike Brandly, Auctioneer
Jul 9, 20132 min read
In Louisianna it sells absolute
The only state which did not adopt the UCC 2-328 into their state law is Louisiana, however their courts regularly rule as if they had....
0 views0 comments
Mike Brandly, Auctioneer
Jun 24, 20133 min read
Auction with only a picture of the defect?
Further, courts routinely rule that agents acting as a professional cannot purposely avoid knowledge about such property — also known as...
0 views0 comments
Mike Brandly, Auctioneer
Jun 10, 20133 min read
How often is it really selling absolute?
I see absolute auctions advertised all the time, all over the United States. However, how often is that really the case? Let’s look at...
0 views0 comments
bottom of page