Mike Brandly, Auctioneer
The public and auction jargon …
The solution often offered is to eliminate jargon when possible, and use more easily, commonly used words or phrases. Yet, I wonder if...
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Mike Brandly, Auctioneer
May 4, 20182 min read
Auctioneers and antique firearms
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) regulates what is an antique firearm and their definition is as follows;...
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Mike Brandly, Auctioneer
May 2, 20182 min read
How do we know online bidders are real?
Such a bird’s-eye view of this issue would include questions such as, “How do we know that live bidder is real?” “How do we know that car...
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Mike Brandly, Auctioneer
Apr 23, 20182 min read
Maybe selling absolute with binding opening bid?
In a without reserve auction, after the auctioneer calls for bids on a property, that property cannot be withdrawn unless no bid is made...
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Mike Brandly, Auctioneer
Apr 19, 20183 min read
Extraordinary liquidated damages in auction contract
Apparently, this auctioneer had (and maybe still has) severe financial penalties in his contract with his seller payable to him — in the...
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Mike Brandly, Auctioneer
Apr 12, 20184 min read
“Types” of auctions and ice cream
I would offer probably not. Cases at the Supreme Court of the United States are probably the best ones to use as fact. Yet, consider...
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Mike Brandly, Auctioneer
Apr 5, 20181 min read
Auctioneers should stay in their lane
This above picture pretty much lays it out visually, in that the right lane is the absolute lane, where the seller has the genuine intent...
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Mike Brandly, Auctioneer
Apr 2, 20183 min read
Different buyer’s premiums for different bidders?
We have discussed this issue numerous times including most recently here: https://mikebrandlyauctioneer.wordpress.com/2018/02/08/is-that...
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Mike Brandly, Auctioneer
Mar 30, 20182 min read
I’m an auctioneer and I specialize in … everything?
Specializing by definition means: (1) concentrate on and become expert in a particular subject or skill. (2) confine oneself to...
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Mike Brandly, Auctioneer
Mar 22, 20183 min read
Firearms: Guaranteed and not infringed?
Bill of Rights comprises the first ten amendments to the United States Constitution. Virginia’s legislature became the last to ratify...
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Mike Brandly, Auctioneer
Mar 19, 20184 min read
An auction disclaimer I saw in court
The essence of this case was the auctioneer was providing estimates of value on items being put up for auction. One such item was...
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Mike Brandly, Auctioneer
Mar 14, 20184 min read
The future of the MLS for auctions
Maybe another question might be: What is the future of the real estate industry? How about the auction industry? I would offer these are...
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Mike Brandly, Auctioneer
Mar 12, 20183 min read
What drives bidders to an auction?
I believe that most auctioneers understand what drives interest in an auction and/or auction event — other than wanting or needing what...
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Mike Brandly, Auctioneer
Mar 7, 20182 min read
Is the reserve price a material fact?
However, some information which buyers might feel is material is also by default confidential. Such is the reserve price which twice in...
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Mike Brandly, Auctioneer
Mar 5, 20182 min read
Minimum age to buy a firearm
That is, unless state or local laws say there are required ages in excess of 18. For example, could California say one must be 22 to buy...
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Mike Brandly, Auctioneer
Mar 1, 20183 min read
Giving my advice to auctioneers
I recently returned home from what has become my annual “auctioneer convention season” including conferences and other events in Ohio,...
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Mike Brandly, Auctioneer
Feb 13, 20182 min read
National Auctioneers Association Conference & Show Locations
Since 1950 the National Auctioneers Association (NAA) has hosted their annual Conference & Show (Convention) somewhere in the United...
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Mike Brandly, Auctioneer
Feb 8, 20183 min read
Is that next bid a higher bid?
However, what if my $270 bidder was paying with a credit card costing the seller 3.5% and the $265 bidder is paying cash? $270 minus 3.5%...
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Mike Brandly, Auctioneer
Feb 5, 20184 min read
The fall … falling … fallen hammer?
UCC 2-328 extensively in classes around the United States, as well as in several articles contained within this blog. One such UCC 2-328...
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Mike Brandly, Auctioneer
Feb 3, 20182 min read
Won? Sold? Reopen? Exceptions?
After a bidder has won the bid with his (or her) high bid, he has become the new owner of the item, even though he may not have paid for...
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