Mike Brandly, Auctioneer
What is auction fraud?
In talking with other auctioneers about fraud, as well as others including auction buyers and sellers, there are considerable differences...
top of page
Search
Mike Brandly, Auctioneer
Jan 8, 20114 min read
Is maximizing the absentee bid proper?
Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...
0 views0 comments
Mike Brandly, Auctioneer
Dec 28, 20104 min read
Old English Auction Case Law
While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...
1 view0 comments
Mike Brandly, Auctioneer
Dec 25, 20102 min read
Auctioneer says sold for wrong amount?
To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...
0 views0 comments
Mike Brandly, Auctioneer
Dec 20, 20104 min read
Should the reserve be disclosed?
Marvin wishes to consign his 2009 Jaguar XF Coupe to the local auto auction. Marvin paid about $59,000 for this car about a year ago,...
0 views0 comments
Mike Brandly, Auctioneer
Dec 19, 20103 min read
Item at auction is, but maybe not?
So, that 1889-CC Morgan Silver Dollar is MS-60, but maybe not? This could just as well be a parcel of land, a piece of commercial...
0 views0 comments
Mike Brandly, Auctioneer
Dec 9, 20103 min read
Two auctioneers book the same auction?
One such instance was in 1983, when an auctioneer in Indiana opened the Sunday newspaper to see that he and another auctioneer in that...
0 views0 comments
Mike Brandly, Auctioneer
Nov 19, 20102 min read
When the auctioneer says, “Sold!”
What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...
0 views0 comments
Mike Brandly, Auctioneer
Sep 26, 20103 min read
What is the difference between an auctioneer and a bid caller?
For our discussion, we are referring to bid calling as the usually rapid oral exchange with bidders, accepting bids, and asking for...
1 view0 comments
Mike Brandly, Auctioneer
Sep 26, 20103 min read
Calling bids does not make one an auctioneer?
Let’s say Trisha graduates from high school, and decides to start her own company. She is proficient with computers and programming, and...
0 views0 comments
Mike Brandly, Auctioneer
Sep 3, 20103 min read
What to ask that real estate auctioneer
For those hoping to buy real property at auction, there are some basic questions that should be asked before participating. A real...
4 views0 comments
Mike Brandly, Auctioneer
Aug 24, 20103 min read
Can the seller bid at auction?
One right that is sometimes given up, but other times not, is the right to bid on that property at the auction. Why do sellers want to...
0 views0 comments
Mike Brandly, Auctioneer
Aug 24, 20103 min read
Unethical Bid Calling #7, The Drop Off
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
0 views0 comments
Mike Brandly, Auctioneer
Aug 20, 20103 min read
So where do you start the bid?
Auctioneers generally don’t start the bid. What happens at a typical auction is the auctioneer suggests a price to the audience (legally,...
0 views0 comments
Mike Brandly, Auctioneer
Aug 13, 20103 min read
Can the auction reserve be $0.00?
As we have discussed in various posts, there are two types of auctions: With reserve Without reserve In a with reserve auction, the...
0 views0 comments
Mike Brandly, Auctioneer
Aug 3, 20102 min read
Auctioneer says, “I’ve got it all over the house!”
The phrase, “I’ve got it all over the house” communicates to the bidders that there is much interest in this item being sold; the...
0 views0 comments
Mike Brandly, Auctioneer
Jul 24, 20103 min read
Can auctioneers reopen the bidding?
As we have noted before, auctioneer bid calling is a series of oral contracts. A bid is received from a bidder and is accepted by the...
0 views0 comments
Mike Brandly, Auctioneer
Jul 21, 20102 min read
Should I go to auction school?
First, many states in the United States require a license to act as an auctioneer. And, most of those license states require...
0 views0 comments
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...
0 views0 comments
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...
0 views0 comments
bottom of page