Online bidding turned off prior to live auction?
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Many auctioneers conduct simulcast auctions with online and live bidding occurring at the same time. These same auctioneers often allow...
Mike Brandly, Auctioneer
Feb 15, 20232 min read
Auctioneers tell me “benefit” doesn’t matter …
Yes, prices do indeed go up somewhat frequently. We noted in 2020 that prices did go up for many auctioneers, and we were surprised by...
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Mike Brandly, Auctioneer
Feb 13, 20234 min read
“AS IS” and what it is, maybe is, or isn’t
Let’s say this picture is an actual fork, marked “sterling silver.” Sterling silver here in the United States is generally by weight...
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Mike Brandly, Auctioneer
Feb 10, 20232 min read
Auction increment nonsense
We have conducted thousands of auctions, and taught auction bid calling techniques around the United States, and testified in several...
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Mike Brandly, Auctioneer
Feb 6, 20233 min read
Auctions and the “previous” bidder
All too often, a high bidder retracts his bid, and the previous bidder is made the high bidder without his knowledge or consent. Is...
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Mike Brandly, Auctioneer
Jan 31, 20232 min read
When you’re selling “high-valued” assets
If there’s been one consistent message I’ve tried to deliver over the past 10 years or more — it’s that when auctioneers are selling...
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Mike Brandly, Auctioneer
Jan 28, 20232 min read
Can (and do) auctioneers change the “size” of the “ask?”
The short answer is, “yes.” Relatedly, this has been going on for as long as auctions have been used to sell property in the...
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Mike Brandly, Auctioneer
Jan 26, 20232 min read
Apparently little known bid calling basics
If you have participated in a live or online auction, the auctioneer’s “chant” nor the online platform is generally placing bids. We say...
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Mike Brandly, Auctioneer
Jan 16, 20233 min read
What “Sold!” doesn’t have — a dispute
In the case of Kline v. Fineberg, 481 So. 2d 108, 109 n.1 (Fla. Dist. Ct. App. 1985) the court analyzed what happened at the auction. ...
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Mike Brandly, Auctioneer
Jan 11, 20234 min read
The cost of that “one more” bid …
The argument is, essentially, if an auctioneer is to maximize price for the seller, and a bid comes in “while the hammer is falling in...
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Mike Brandly, Auctioneer
Jan 6, 20232 min read
Auctioneers … and for no reason at all?
We recently wrote about auctioneers reserving unilaterally to decline any bid and any bidder — apparently, even a registered bidder with...
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Mike Brandly, Auctioneer
Jan 3, 20232 min read
Auctioneer reserves the right to reject any bid?
More specifically, “Auctioneer reserves the right to reject any bid from any bidder?” We would ask, does “bidder” mean “registered...
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Mike Brandly, Auctioneer
Jan 1, 20232 min read
Your platform is [just] your competition
I freely admit that when auction platforms started to appear, I (and many others) decried their plans … to possibly allow non-auctioneers...
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Mike Brandly, Auctioneer
Dec 28, 20224 min read
Buyer inspection & UCC § 2-316
Auctioneers often inquire if one can sell “as-is” (AS IS) without offering the bidders/buyers the opportunity to inspect the property...
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Mike Brandly, Auctioneer
Dec 24, 20223 min read
Auction bright lines and a noteworthy footnote
We’ve written before that denoting an absolute auction requires the use of “absolute” or “without reserve” — and no other words do so —...
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Mike Brandly, Auctioneer
Dec 7, 20223 min read
Who is the [auction] seller?
I was testifying in an auction case, and told the presiding judge that “Anyone can bid at an absolute auction except the seller unless...
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Mike Brandly, Auctioneer
Dec 5, 20223 min read
Are auctioneers “entitled” to their opinion?
Not just auctioneers, but rather, everyone is “entitled” (in the United States) to think (and maybe say or write) just about anything, or...
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Mike Brandly, Auctioneer
Dec 1, 20223 min read
Is E&O insurance enough? It’s not
Every auctioneer today needs enough insurance. Every auctioneer also needs to be operating in a proper business structure to help...
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Mike Brandly, Auctioneer
Nov 27, 20224 min read
Auctioneers … and “I still don’t believe it”
I was sitting with an auctioneer in an attorney’s office in 2011 going over his case and how I could possibly help him. I have certainly...
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Mike Brandly, Auctioneer
Nov 23, 20222 min read
Auctioneer limits the bidding?
I’m not sure why. I’m fairly sure it’s not a good idea. Would any auctioneer know that not one single lot in this auction wasn’t worth...
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