Mike Brandly, Auctioneer
Auctions and disclosing the sale price
Kathy is an auctioneer at an onsite real property auction and a good crowd is in attendance. She opens the auction with terms and...
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Mike Brandly, Auctioneer
Mar 29, 20213 min read
Auctioneer: I’m lying but you know it?
Could an auctioneer lie about what is being sold, the high bid, shipping charges, provenance, and a bunch of other stuff and then claim...
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Mike Brandly, Auctioneer
Mar 26, 20212 min read
The auctioneer really doesn’t pay less
We wrote about auctioneers purchasing and not paying any less nor more than anyone else, despite charging commission. That treatise can...
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Mike Brandly, Auctioneer
Mar 24, 20212 min read
There’s no buyer’s premium?
Buyer’s premiums are charges added to the buyer’s “hammer price” to constitute the total purchase price — plus any other costs. In other...
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Mike Brandly, Auctioneer
Mar 21, 20213 min read
Open combination, multiple owners, at auction
Many auctioneers and sellers choose to sell large lots of land in an “open combination” (also known as “multipar,” “multi-parcel” or...
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Mike Brandly, Auctioneer
Mar 19, 20213 min read
One lot, multiple owners, at auction
We had been in the auction business only a few months when we received a telephone call from Larry who said he owned an antique store and...
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Mike Brandly, Auctioneer
Mar 16, 20213 min read
Hollow illusions at auction
There is very little that gets the attention of an auction buyer more than being awarded the property (the “bid”) and then suddenly (or...
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Mike Brandly, Auctioneer
Mar 14, 20213 min read
The 1950’s Auction Business
Emma Bailey was likely the first “full-time” woman auctioneer in the United States (and possibly the world) beginning her career on May...
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Mike Brandly, Auctioneer
Mar 11, 20212 min read
Auctioneers with college degrees?
Are there auctioneers with college degrees? Not a degree in auctioneering, but some other discipline? We previously wrote about...
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Mike Brandly, Auctioneer
Mar 9, 20213 min read
Staff bidding while privy to additional information?
If we’ve stressed one notion lately, it’s that all auction bidders must be held to the same terms and conditions. In other words, if the...
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Mike Brandly, Auctioneer
Mar 7, 20212 min read
NAA’s Hannes Combest
Hannes Combest, FASAE, CAE, has been Chief Executive Officer at the National Auctioneers Association since June 2008. She recently...
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Mike Brandly, Auctioneer
Mar 4, 20213 min read
Auctioneers … who owns your data?
I clicked on a website and a popup appeared asking me to agree to the terms and conditions. It seemed that if I said, “Okay” I could...
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Mike Brandly, Auctioneer
Mar 2, 20213 min read
Are auctioneers “eBay stores?”
A seller contacts me and wants me to take their property, put it online and get it sold. I’m a contemporary auctioneer — selling...
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Mike Brandly, Auctioneer
Feb 27, 20213 min read
Auctioneers, is it too late? Does it matter?
James entered the auction business in 1945. He worked at an auction house, eventually taking over as the new owner in 1959. Every...
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Mike Brandly, Auctioneer
Feb 25, 20212 min read
Auctions and the restraint of trade
Could an auctioneer (and/or seller) be guilty or liable for restraint of trade for restricting an auction to only certain — qualified —...
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Mike Brandly, Auctioneer
Feb 23, 20213 min read
The dangers of “absolute discretion”
Tom is an auctioneer who takes various live and online classes on the subject of “auctioneering,” surveys the Internet for articles, and...
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Mike Brandly, Auctioneer
Feb 22, 20213 min read
An auction platform is free for buyers and sellers?
Nothing quite gets people’s attention more than the word, “free.” Of course, there is another phrase that gets considerable attention —...
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Mike Brandly, Auctioneer
Feb 19, 20213 min read
Auction fees included and/or added?
Many auctioneers charge a buyer’s premium — for instance, if you bid $10,000 for an auction purchase, with a 10% buyer’s premium added,...
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Mike Brandly, Auctioneer
Feb 17, 20212 min read
I’m known for not selling …
We previously wrote about auctioneers specializing here, where auctioneers only sell a certain type of property: ...
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Mike Brandly, Auctioneer
Feb 17, 20214 min read
Are auctioneers intentionally misleading buyers?
I’ve probably written about this issue more than any other. The question is essentially “Why are auctioneers intentionally misleading...
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