Mike Brandly, Auctioneer
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 4, 20173 min read
Auctioneer may establish reasonable bid increments?
We have been discussing “cut bids” (most notably here: https://mikebrandlyauctioneer.wordpress.com/2017/11/21/as-the-auctioneer-do-you-h...
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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 13, 20172 min read
Live bid calling and sunglasses
Renee Jones asked other auctioneers if they wore sunglasses when bid calling [Do you wear sunglasses when you sell?] (and we ask...
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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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Mike Brandly, Auctioneer
Nov 6, 20172 min read
The UCC 2-328 Sentence #8 (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 #8,...
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Mike Brandly, Auctioneer
Nov 2, 20172 min read
The UCC 2-328 Sentence #7 (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 #7,...
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Mike Brandly, Auctioneer
Oct 30, 20173 min read
The UCC 2-328 Sentence #6 (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 #6,...
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Mike Brandly, Auctioneer
Oct 19, 20172 min read
The UCC 2-328 Sentence #5 (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 #5,...
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Mike Brandly, Auctioneer
Oct 16, 20172 min read
The UCC 2-328 Sentence #4 (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 #4,...
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Mike Brandly, Auctioneer
Oct 12, 20173 min read
The UCC 2-328 Sentence #3 (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 #3,...
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Mike Brandly, Auctioneer
Oct 9, 20172 min read
The UCC 2-328 Sentence #2 (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 #2,...
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Mike Brandly, Auctioneer
Oct 6, 20172 min read
The UCC 2-328 Sentence #1 (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 #1,...
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Mike Brandly, Auctioneer
Sep 21, 20172 min read
A curious auction claim — and a “slip of the tongue”
As Mr. Sharif knew well, in American Contract Bridge rules, bids by players which are deemed inadvertent (a slip of the mind, slip of the...
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Mike Brandly, Auctioneer
Sep 18, 20172 min read
Can an auctioneer/seller deny someone from attending their auction?
Our question today regards an auctioneer/seller denying another auctioneer — or anyone else — from attending their auction. And the...
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Mike Brandly, Auctioneer
Sep 11, 20173 min read
The “corruption” of the auction industry?
Some might say (including Shannon Hunter, Auctioneer) that these are the two most material issues in the auction industry today. In...
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