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Simulcast auctions … how they work and how they don’t
eBay works this way. For example, we have Bidder A and Bidder B. Bidder A submits a $750 maximum bid on eBay and his high bid is at $5 …...
Mike Brandly, Auctioneer
Sep 3, 20185 min read
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Online-only auction starts to close … and we have a problem
This would mean that 142 lots are already sold, and 358 lots are not sold. The auctioneer running the online-only auction extends the...
Mike Brandly, Auctioneer
May 7, 20182 min read
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The future of the MLS for auctions
Maybe another question might be: What is the future of the real estate industry? How about the auction industry? I would offer these are...
Mike Brandly, Auctioneer
Mar 14, 20184 min read
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Don’t bid live — bid online?
Such is the case (again) with http://www.youragentbid.com (Youragentbid) as they continue to contend that they are partnering with large...
Mike Brandly, Auctioneer
Feb 26, 20183 min read
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Will millennials kill live auctions?
You can read the entire article here: https://www.washingtonpost.com/business/economy/will-millennials-kill-costco/2018/01/19/d0de5dec-f...
Mike Brandly, Auctioneer
Jan 25, 20182 min read
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The “practice” of auctioneering
Another staff member responded that, “She better do more than practice medicine … she better be good at it before she attempts to help...
Mike Brandly, Auctioneer
Jan 16, 20182 min read
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Facebook groups for posting auctions?
https://mikebrandlyauctioneer.wordpress.com/2011/02/08/internet-auction-calendars/. It’s now 2018 and about seven years later from this...
Mike Brandly, Auctioneer
Jan 4, 20182 min read
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‘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,...
Mike Brandly, Auctioneer
Jul 19, 20175 min read
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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...
Mike Brandly, Auctioneer
Jun 22, 20172 min read
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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...
Mike Brandly, Auctioneer
Jun 5, 20173 min read
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Can auctioneers trust any online platform?
And, so far almost every online platform (once with enough data and/or enough money on the table) has decided to do one of two things:...
Mike Brandly, Auctioneer
Apr 10, 20172 min read
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Auctioneers recording themselves
For that matter, people at auctions record video and take pictures frequently. They take pictures of the themselves, auctioneers, staff,...
Mike Brandly, Auctioneer
Mar 20, 20172 min read
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Auctioneers & Blogging
I have told 1,000’s of prospective auctioneers and real estate licensees that blogging is a key part of building an Internet presence...
Mike Brandly, Auctioneer
Feb 27, 20173 min read
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Online bidding goes down
There are likely four parties involved in such situations: (1) the seller, (2) the bidder(s,) (3) the auctioneer & (4) the online...
Mike Brandly, Auctioneer
Feb 6, 20173 min read
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The word “auction” in culture
More and more, auctioneers are being told not to use the word, “auction” in their advertising. We explored this in depth here: ...
Mike Brandly, Auctioneer
Oct 3, 20164 min read
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Most reputable comrade in the auction business
This news release was widely publicized and it’s an easy read — this comradeship benefits both parties and helps all buyers and sellers —...
Mike Brandly, Auctioneer
Apr 27, 20162 min read
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Sold! To the live & online bidder?
While studies have held that auctions should be live or online, and not both, this method persists in some markets. The argument made is...
Mike Brandly, Auctioneer
Mar 25, 20163 min read
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Auctioneers vs. Auction Portals
I’ve been involved in 100’s of divorce appraisals. Some marriages as short as a few months, and some as long as 40 years. Nobody gets...
Mike Brandly, Auctioneer
Mar 21, 20162 min read
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Auctioneers and watermarking
Auctioneers take lots of photographs. Auctioneers use lots of photographs in marketing property for auction, and otherwise. Today, we...
Mike Brandly, Auctioneer
Mar 11, 20163 min read
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Saying one thing and doing another
In that transition, the CEO of AutionCode said in response to a question about listings posted before the September 22 deadline: We are...
Mike Brandly, Auctioneer
Oct 30, 20152 min read
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