Mike Brandly, Auctioneer
Bidding with a contingency … a higher bid?
We touched on another unfortunate bid calling technique (https://mikebrandlyauctioneer.wordpress.com/2018/01/29/i-have-it-but-i-dont-and-...
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Mike Brandly, Auctioneer
Jan 29, 20183 min read
I have it but I don’t … and then again, again, again …
https://mikebrandlyauctioneer.wordpress.com/2010/02/04/unethical-bid-calling-3-he-loves-me-he-loves-me-not/ Amplifying this attorney’s...
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Mike Brandly, Auctioneer
Jan 25, 20182 min read
Will millennials kill live auctions?
You can read the entire article here: https://www.washingtonpost.com/business/economy/will-millennials-kill-costco/2018/01/19/d0de5dec-f...
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Mike Brandly, Auctioneer
Jan 21, 20182 min read
Auctioneer licensing is a scam? A racket? Really?
Watchdog.org suggests in his article for Spectator.org that occupational licensing is a scam … maybe even racketeering. You can read that...
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Mike Brandly, Auctioneer
Jan 16, 20182 min read
The “practice” of auctioneering
Another staff member responded that, “She better do more than practice medicine … she better be good at it before she attempts to help...
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Mike Brandly, Auctioneer
Jan 11, 20182 min read
At auction: Is it wanting or buying?
Marsha L. Richins of the University of Missouri wrote about our title in her paper, “When Wanting Is Better Than Having,” in the Journal...
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Mike Brandly, Auctioneer
Jan 8, 20183 min read
Unfair, unreasonable, inequitable … what does it all mean?
Shortly thereafter our first blog, fellow blogger extraordinaire and good friend Aaron Traffas wrote about our undertaking: ...
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Mike Brandly, Auctioneer
Jan 2, 20182 min read
Who is the seller? We have that information …
A New York case in 2012 that shocked the auction industry was fortunately overturned recently. The subject involved the necessity to...
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Mike Brandly, Auctioneer
Dec 28, 20173 min read
Auctions with lost, misplaced and/or abandoned property
Property is generally deemed to have been … Lost if it is found in a place where the true owner likely did not intend to set it down, and...
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Mike Brandly, Auctioneer
Dec 21, 20173 min read
… but my seller cashed the check
Most recently, an inquiry involved a breach of contact of sorts — where the auctioneer did not follow the legal expressed wishes of his...
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Mike Brandly, Auctioneer
Dec 18, 20172 min read
Can your bidder’s offer (bid) be irrevocable?
https://mikebrandlyauctioneer.wordpress.com/2014/08/11/bid-calling-is-just-numbers/ A twist on this offer and acceptance is that some...
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Mike Brandly, Auctioneer
Dec 15, 20172 min read
Is buying anything celebrity-related at auction a good investment?
As an example, we sold a replica “General Lee” 1969 Dodge Charger at auction about 15 years ago. Let’s just say that buyer calls me...
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Mike Brandly, Auctioneer
Dec 11, 20172 min read
Selling absolute mandates you “reopen bids?”
However, does selling absolute mandate you reopen the bid if another bid comes in as the hammer is falling, after the hammer falls, after...
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Mike Brandly, Auctioneer
Dec 7, 20172 min read
Absolute and the high bidder isn’t the buyer?
If you don’t, your seller is open to a lawsuit by the high bidder seeking specific performance. In other words, the high bidder (even if...
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Mike Brandly, Auctioneer
Dec 1, 20172 min read
Can auctioneers ignore bids?
It’s important for auctioneers to understand that first — they are typically agents for the seller (unless they are the seller,) and not...
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Mike Brandly, Auctioneer
Nov 27, 20172 min read
What exactly does selling at absolute auction mean?
On the contrary, selling without reserve means the seller has the genuine intent to transfer to the highest bidder regardless of price as...
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Mike Brandly, Auctioneer
Nov 24, 20173 min read
Negotiating with a “cut” bidder
www.fasttalkingpodcast.com — about cut bids (https://mikebrandlyauctioneer.wordpress.com/2017/11/21/as-the-auctioneer-do-you-have-to-take...
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Mike Brandly, Auctioneer
Nov 21, 20172 min read
As the auctioneer, do you have to take a “cut” bid?
This cut bid in our example is an offer, and our question involves if the auctioneer/seller must accept it. The answer depends upon the...
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Mike Brandly, Auctioneer
Nov 16, 20173 min read
At auction, can we force sellers to sell? Buyers to buy?
Our subject today involves when there is a breach of contract (as an auctioneer has announced, “Sold!” — for instance) and then the...
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Mike Brandly, Auctioneer
Nov 9, 20172 min read
The UCC 2-328 Sentence #9 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #9,...
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