National Auctioneers Association 30/57

The State of the United States Auction Market — 2018

Mike Brandly, Auctioneer

Sep 25, 20192 min read

The State of the United States Auction Market — 2018

National Auctioneers Association engaged Morpace (now Escalent) to survey the auction industry about 10 years ago. As well, in 2010 the...

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Mike Brandly, Auctioneer

Sep 23, 20193 min read

Buyer’s premiums: awareness and effect

Another auctioneer noted that being aware of the buyer’s premium and it having an effect on one’s bidding are two different things. As...

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Mike Brandly, Auctioneer

Sep 20, 20192 min read

Guinness World [Auction] Record?

Guinness World Records has ever heard of, but it’s hardly the most items sold in 12 hours by an auctioneer. Here is the story we saw …...

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Sellers and buyers just after (or during) the auction?

Mike Brandly, Auctioneer

Sep 18, 20192 min read

Sellers and buyers just after (or during) the auction?

There are possibly two different types of situations here: Sellers and buyers consummating deals during/after the auction with property...

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Auctioneer membership isn’t important? We disagree …

Mike Brandly, Auctioneer

Sep 16, 20192 min read

Auctioneer membership isn’t important? We disagree …

Others say that all the presenters talk about is their successful auctions and others claim that the association only promotes the big...

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Mike Brandly, Auctioneer

Sep 9, 20192 min read

How competent must auctioneers be?

The National Auctioneers Association dictates in their Code of Ethics that auctioneers [members] “shall recognize the limitations of...

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Auctioneers … information versus affirmation

Mike Brandly, Auctioneer

Sep 5, 20192 min read

Auctioneers … information versus affirmation

Colin Cowherd said it. From September, 2017 the quote as I understand it was, “People now only seek affirmation. Not information.” ...

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When to disclose the reserve and when not to …

Mike Brandly, Auctioneer

Aug 28, 20192 min read

When to disclose the reserve and when not to …

The answer to that question is fairly straightforward. If the minimum is good news, it should be disclosed and if it’s bad news (or...

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Here’s what you bought — not what we pictured

Mike Brandly, Auctioneer

Aug 26, 20192 min read

Here’s what you bought — not what we pictured

He thought he was buying something else because the picture showed the villa(s) and further did not mark, outline or otherwise denote...

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Auctioneers and the statute of limitations

Mike Brandly, Auctioneer

Aug 22, 20192 min read

Auctioneers and the statute of limitations

While the “statute of limitations” varies around the United States and by circumstance, many states have a general four-year statute of...

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Is the minimum bid really the minimum bid?

Mike Brandly, Auctioneer

Aug 16, 20192 min read

Is the minimum bid really the minimum bid?

What if an auctioneer says, “This property’s minimum bid is $550,000” and then it sells at auction for $520,000? The advertising said...

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Auctions: Changing ages and tastes? Indeed

Mike Brandly, Auctioneer

Aug 9, 20192 min read

Auctions: Changing ages and tastes? Indeed

We wrote about this subject here in 2015: https://mikebrandlyauctioneer.wordpress.com/2015/08/10/what-some-collectors-cant-find-buyers/....

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Mike Brandly, Auctioneer

Aug 5, 20192 min read

Christie’s spirit of disclosure

Christie’s. Here we share with you some of their disclosures which are quite frankly difficult to find otherwise in the auction...

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Mike Brandly, Auctioneer

Jul 30, 20192 min read

Competing in auctioneer contests

Ohio State Fair. I was always inspired by words of wisdom passed down to competitors about competing, winning and losing. One such list...

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Mike Brandly, Auctioneer

Jul 24, 20192 min read

First amendment lessons for auctioneers

As someone who’s published a blog for almost 10 years, we are especially attentive to our right to publish and for our content to be...

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Mike Brandly, Auctioneer

Jul 22, 20192 min read

Cheaper, faster or better?

If we’re cheap and fast, we’re probably not better If we’re cheap and better, we’re probably not fast If we’re fast and better, we’re...

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Mike Brandly, Auctioneer

Jul 19, 20192 min read

The opening bid incentive

For instance, say a [thought-to-be] $10,000,000 property is up for auction. The auctioneer says that he will pay a 13% opening bid...

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Bidder is registered but we won’t take his bid?

Mike Brandly, Auctioneer

Jul 16, 20192 min read

Bidder is registered but we won’t take his bid?

https://mikebrandlyauctioneer.wordpress.com/2016/06/28/does-a-bid-number-grant-the-right-to-bid/. Today’s topic involves an auctioneer...

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Mike Brandly, Auctioneer

Jul 12, 20192 min read

The NAA IAC Final Round Questions ’19

At the 2019 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 12 in New Orleans,...

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Mike Brandly, Auctioneer

Jul 3, 20192 min read

Auction bidders pay more when warm?

Our analysis is here, contrasting live auctions with online auctions: https://mikebrandlyauctioneer.wordpress.com/2012/05/01/auction-atmo...

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