Mike Brandly, Auctioneer
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 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 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 4, 20122 min read
Auctioneers are secondhand dealers?
This would require detailed record-keeping, daily government inventory reporting and “product holds” with police and/or sheriff...
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Mike Brandly, Auctioneer
Feb 3, 20123 min read
Online auctioneer policy changes
In essence, they are now being more upfront with bidders when the bidder’s maximum absentee bid [maximum pre-bid] is disclosed to the...
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Mike Brandly, Auctioneer
Jan 29, 20123 min read
Absentee bids & the UCC 2-328
Dick’s thought regarded maximizing absentee bids and that practice in relation to the UCC 2-328. As we discussed in our story about...
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Mike Brandly, Auctioneer
Jan 27, 20122 min read
UCC 2-328 Confusion
Nebraska Unicameral Information Office Despite there being only four (4) somewhat small passages making up the UCC 2-328, there is often...
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Mike Brandly, Auctioneer
Jan 17, 20122 min read
When does the hammer start to fall?
“Where a bid is made while the hammer is falling in acceptance of a prior bid …” meant that somewhere between the “S” and the “D” of the...
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Mike Brandly, Auctioneer
Jan 13, 20122 min read
Seller commission, sales tax & buyer’s premium?
In the latter, auctioneers must correctly calculate seller commissions, sales tax and buyer premiums — both when reconciling with bidders...
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Mike Brandly, Auctioneer
Jan 6, 20122 min read
When & Where: The UCC 2-328 applied to real estate
However we’ll use “real estate” here as this is typically how this question is posed. The UCC 2-328 was finally firmed as to language...
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