Mike Brandly, Auctioneer
How many auctions?
When Harry first graduated, he held only 1-2 auctions per year. However, about 1985 his name became more famous in auction circles and he...
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Mike Brandly, Auctioneer
May 10, 20124 min read
The specialty auction
When driving my “somewhat” older Cadillac, I have the need to stop periodically for gas for it — and coffee for me. As I finish filling...
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Mike Brandly, Auctioneer
May 8, 20125 min read
A consignor’s comparision — online vs. live auction
However, we’ve changed the names, city, state and subject item to keep the actual names, city, state and subject item confidential. All...
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Mike Brandly, Auctioneer
May 6, 20123 min read
I won’t take less than … but the bidding starts at?
I was emailed a real property auction flyer the other day. Presumably to see what a great job of marketing the auctioneer did. In bold...
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Mike Brandly, Auctioneer
May 4, 20123 min read
Orderly conduct of the auction process?
Auctioneers use this phrase “as-is, where-is” to denote, generally, two conditions of the sale: As-is: The buyers are accepting the...
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Mike Brandly, Auctioneer
Apr 27, 20123 min read
Live Auctions: Escalation and Competitive Arousal
In July, 2003, with reprints and updates in December, 2004,Gillian Ku, Department of Organisational Behaviour, London Business School,...
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Mike Brandly, Auctioneer
Apr 22, 20124 min read
An online auction company’s marketplace
Vern and his two sons sold over 11 hours in three rings to fully liquidate Charlie’s extensive farm equipment, tool and gun collections....
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Mike Brandly, Auctioneer
Apr 16, 20124 min read
Auctioneers posting commission rates
Presumably, such a display of commission rates enables potential clients to see what that auctioneer charges, and make judgements about...
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Mike Brandly, Auctioneer
Mar 29, 20123 min read
Discussing commissions with competitors
Technically, colluding on price amongst competitors, also known as horizontal price fixing, is viewed as a per se violation of the...
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Mike Brandly, Auctioneer
Mar 28, 20123 min read
Sued for buying too cheap?
Apparently, on July 11, 2010, a well-known real estate broker and auctioneer was hired to market and sell at auction 18 condominium units...
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Mike Brandly, Auctioneer
Mar 25, 20123 min read
Vickrey auctions — high bidder bids more honestly
A seller can have bidders submit sealed bids, and then sell the single-item to the highest bidder. For example, 3 bidders place sealed...
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Mike Brandly, Auctioneer
Mar 22, 20123 min read
Can’t buy or can’t bid?
In Ashgrove, as with nearly all of the surrounding communities, it is strictly illegal to point a gun directly at another unarmed person...
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Mike Brandly, Auctioneer
Mar 19, 20123 min read
Court auctions — does money trump principle?
Generally, when Bankruptcy courts oversee auctions, and for that matter, when state and county courts oversee auctions, there is often a...
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Mike Brandly, Auctioneer
Mar 16, 20123 min read
Are Internet auction laws necessary?
By 2007, upwards of $80,000 in goods and services sold on www.ebay.com every minute of every day. Today at various times just as much or...
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Mike Brandly, Auctioneer
Mar 11, 20123 min read
You can’t start where you want to finish …
What were talking about here is “Auction 101” in a sense, as this concept is basic to all types of auctions, regardless of type of...
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Mike Brandly, Auctioneer
Mar 10, 20123 min read
Auctioneer’s chant: Captivation & Motivation
The auctioneer’s chant, however, is much more than simply a time-honored institution in the industry, according to Mike Jones, CAI, BAS,...
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Mike Brandly, Auctioneer
Feb 28, 20123 min read
Online auction company, “shares your bidders?”
This platform allows auctioneers to list property on their site, and allows bidders to bid two ways. Bidders can either bid during the...
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Mike Brandly, Auctioneer
Feb 14, 20123 min read
Bidder bids a negative amount …
I was asked the other day if a bidder bid a negative amount (such as -$50) at an absolute [without reserve] auction, “Is the auctioneer...
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Mike Brandly, Auctioneer
Feb 9, 20122 min read
Conflicting Information …
That article can be read in full here: Online auction company wants you to stay home. Today, we’re writing about a recent outage of...
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Mike Brandly, Auctioneer
Feb 3, 20123 min read
Online auctioneer policy changes
In essence, they are now being more upfront with bidders when the bidder’s maximum absentee bid [maximum pre-bid] is disclosed to the...
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