Our auction is not absolute, nor with reserve
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In other words, an auction is one type or the other — and necessarily one or the other — and not both. We have written extensively about...
Mike Brandly, Auctioneer
Dec 4, 20132 min read
Ordered sold at auction
What’s the thinking here? Auctioneers endeavor to use wording to attract bidders — to get them to pay attention to their auction instead...
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Mike Brandly, Auctioneer
Nov 28, 20132 min read
The best luggage for traveling auctioneers
As such, many are flying to destinations, and in need of excellent quality luggage. After discussing this issue with several auctioneers...
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Mike Brandly, Auctioneer
Nov 26, 20134 min read
Passed lots at auctions
Drip … drip … drip … drip … drip … drip … I got up and fumbled my way to the bathroom and turned the faucet handle a bit tighter, and the...
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Mike Brandly, Auctioneer
Nov 18, 20133 min read
“Sold!” to the previous bidder
Bill is the high bidder at $1,000 and the auctioneer is asking for a bid of $1,100. The auctioneer sees Aaron wave, and takes that as a...
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Mike Brandly, Auctioneer
Nov 11, 20132 min read
Why is the online auction final sale price not listed?
He won about $700 worth of items, and inquired about the selling prices of a few other items on which he left absentee bids. I’m glad to...
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Mike Brandly, Auctioneer
Nov 5, 20132 min read
World record auction price?
My prospective client told me that the auctioneer he had just met with earlier that day sold a very similar piece for a “world record”...
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Mike Brandly, Auctioneer
Oct 28, 20132 min read
What? “Our best auction was the one we never did?”
These classes have been held at auctioneer state conventions, national conventions, auction schools and many other venues. Speakers have...
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Mike Brandly, Auctioneer
Oct 23, 20133 min read
Auctions where nobody shows up?
In the United States today, there are well over 1 million auctions held every year — maybe even 2 million. And, in the history of...
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Mike Brandly, Auctioneer
Oct 14, 20132 min read
Can auctioneer say, “We don’t charge a buyer’s premium?”
A smaller regional auction firm conducts real estate auctions and does not charge a buyer’s premium. The large nationwide firm notes in...
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Mike Brandly, Auctioneer
Oct 9, 20132 min read
Auctioneers attending other auctioneers’ auctions
They sure do. I have traveled all over the United States as an auctioneer, and seen all of the below motivations to attend both our...
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Mike Brandly, Auctioneer
Oct 4, 20132 min read
It’s “swart” to have a meeting
Such a meeting as this is basically conducted to ensure everyone is, “all on the same page.” This type of meeting is certainly more...
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Mike Brandly, Auctioneer
Sep 30, 20133 min read
You want to cancel the auction?
That staff have brought in boxes and totes, hauled over 200 bags of debris away, and stacked over 50 tables on the front porch. The...
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Mike Brandly, Auctioneer
Sep 19, 20132 min read
The word “estate” in the auction business …
When an auctioneer says the word, “estate” what does he or she mean? The word “estate” has long roots, dating back to the 13th century....
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Mike Brandly, Auctioneer
Sep 17, 20133 min read
An auctioneer’s opening annoucement
Norm has been an auctioneer for 29 years. He conducts mostly onsite auctions, and occasionally rents a building at the fairgrounds for...
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Mike Brandly, Auctioneer
Sep 12, 20133 min read
The buyer’s premium doesn’t matter …
We wrote about the buyer’s premium some time ago. We also wrote about the net effect of the buyer’s premium discussing how buyers...
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Mike Brandly, Auctioneer
Sep 8, 20132 min read
That next generation of auction buyers
I’ve heard this type of statement over and over again at conventions, seminars, and other auctioneer gatherings …“These younger buyers...
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Mike Brandly, Auctioneer
Sep 2, 20133 min read
The 15 most misunderstood things about the UCC 2-328
I’ve taught classes involving the UCC 2-328 for nearly 15 years. In that time frame, I’ve talked to (and with) 1,000’s of auctioneers...
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Mike Brandly, Auctioneer
Aug 28, 20132 min read
Can an auctioneer reject an offer?
They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....
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Mike Brandly, Auctioneer
Aug 26, 20132 min read
The suggested opening bid …
For instance, a newspaper advertisement, online advertisement and/or sign which said, “This is an absolute auction with no minimum bid,...
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