Mike Brandly, Auctioneer
The top five questions I tend to get
While we’ve received 100’s of questions, there are five we tend to get most often. Here we answer those top five with basic information...
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Mike Brandly, Auctioneer
Aug 31, 20173 min read
“As-is” and I can or can’t inspect?
Bill’s father Gene had served in the Unites States Air Force from 1947 until his retirement in 1991 and had flown these 19B’s (UH-19’s)...
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Mike Brandly, Auctioneer
Aug 10, 20172 min read
Auction deemed a stunt?
Recently, an auction of the Lincoln Park Plaza (Michigan) apparently did not result in a completed sale. Adam Miller, Lincoln Park’s...
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Mike Brandly, Auctioneer
Jul 28, 20174 min read
The integrity of the bidding process
Our topic today specifically regards bankruptcy auctions, but applies equally and reasonably to any type of auction anywhere in the...
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Mike Brandly, Auctioneer
Jul 24, 20173 min read
Does it cost to register?
Sometimes auctioneers charge a fee to register for an auction. For instance, to obtain a bid card, the bidder must provide...
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Mike Brandly, Auctioneer
Jul 19, 20175 min read
‘Reasonably advantageous’ auction terms
I stay at many hotels throughout the year (although I have never stayed at the Black Bear Hotel in Allentown, Pennsylvania.) In doing so,...
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Mike Brandly, Auctioneer
Jul 8, 20173 min read
Bid calling really does matter
Further, we wrote that auctioneers who are highly skilled in bid calling are paid a premium over those who are not, and that additional...
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Mike Brandly, Auctioneer
Jul 6, 20172 min read
Auctioneers, auctions and title
There is substantial case law all across the United States which suggests as an agent for the seller, the auctioneer is bound to verify...
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Mike Brandly, Auctioneer
Jun 29, 20172 min read
Real estate agents … auctioneers … and real estate auctioneers.
“They say that [Zillow,] a company they empowered and trusted, is taking advantage of them.” Yep — auctioneers heard how many times...
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Mike Brandly, Auctioneer
Jun 22, 20172 min read
Coming in waaaaaay below the pre-auction estimate
“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...
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Mike Brandly, Auctioneer
Jun 20, 20173 min read
Does the “buyer’s premium” show to the seller?
Following the auction, of course, the auctioneer would have to settle the auction with his seller. In doing so, that settlement...
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Mike Brandly, Auctioneer
Jun 15, 20172 min read
Lot 0 (Auction Information) confusion
What’s the problem? People are actually bidding on this Lot 0 — trying to buy the auctioneer’s terms and conditions, I suppose … but is...
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Mike Brandly, Auctioneer
Jun 8, 20172 min read
Where is auctioneer CE needed? Everywhere …
Brad Bergefurd, OSU Extension Educator & Horticulture Specialist, Charissa McGlothin, OSU Agriculture & Marketing Program Assistant and...
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Mike Brandly, Auctioneer
Jun 5, 20173 min read
Simulcast auctions and the timing of bids
I answered with the obvious observation, that the software would show which bids were placed by a person and which bids were placed...
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Mike Brandly, Auctioneer
Jun 1, 20173 min read
Auction terms versus auction descriptions …
So the auctioneer/auction company is able to succinctly express the precise terms and conditions of the auction — you must pay within 36...
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Mike Brandly, Auctioneer
May 30, 20173 min read
Pinhooking in the auction business
If alley trading, owner A is set to sell his car in the auction. Just before, B buys the car from A for $10,000. Then B runs the car...
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Mike Brandly, Auctioneer
May 22, 20172 min read
Bidders, last good faith bids and recourse
That analysis is here: https://mikebrandlyauctioneer.wordpress.com/2011/06/30/if-the-seller-bids/ As we have stated in countless...
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Mike Brandly, Auctioneer
May 18, 20172 min read
Auctioneer setting the bid in at the stated minimum?
We recently wrote twice about auctioneers setting the bid in: https://mikebrandlyauctioneer.wordpress.com/2016/12/22/should-the-auctionee...
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Mike Brandly, Auctioneer
May 11, 20172 min read
Auctions where buyer won’t pay; seller won’t convey
A bidder becomes the buyer and he refuses to pay for his purchase. A seller refuses to convey the property after a bidder becomes the...
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Mike Brandly, Auctioneer
Apr 28, 20172 min read
Online-only auction platform goes down …
We have previously written about online auction bidding becoming unavailable: https://mikebrandlyauctioneer.wordpress.com/2017/02/06/onl...
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