Mike Brandly, Auctioneer
That highest (not yet) bid
Auctioneers want to maximize the bidder pool. In doing so, many of us are allowing online bids either placed in real-time and/or for the...
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Mike Brandly, Auctioneer
Feb 7, 20223 min read
We’re selling on multiple platforms
The auction begins and there are bidders on Platform X, other bidders on Platform Y, and yet other bidders on Platform Z. In addition,...
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Mike Brandly, Auctioneer
Mar 13, 20173 min read
Should the online platform accept starting bids, max bids, fixed bids or what?
She sees one “offered” by an auctioneer in an online-only auction. She puts in her bid of $500. As Susan places her bid, she wonders …...
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Mike Brandly, Auctioneer
Sep 23, 20123 min read
Solely for the purpose of increasing the bid?
In fact, she has over 200 in her collection and they are all on display in her home, barn and garage. Natalie began her interest in...
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Mike Brandly, Auctioneer
Jan 29, 20123 min read
Absentee bids & the UCC 2-328
Dick’s thought regarded maximizing absentee bids and that practice in relation to the UCC 2-328. As we discussed in our story about...
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Mike Brandly, Auctioneer
Sep 17, 20114 min read
Auctioneers being left behind?
While some believe this, I find the quote interesting to study a bit more in depth. An online auction allows bidders to bid via their...
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Mike Brandly, Auctioneer
Feb 27, 20112 min read
We bid via the Internet. We experience live auctions.
Further down the page, as the case is made that the Internet doesn’t necessarily displace magazine readership (which is up 11% over the...
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Mike Brandly, Auctioneer
Jan 8, 20114 min read
Is maximizing the absentee bid proper?
Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...
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Mike Brandly, Auctioneer
May 6, 20102 min read
Asking for bids before the auction is starting the auction?
The auctioneer goes out to the auction location on Monday, May 17 to take some pictures and finish up the inventory. The neighbor comes...
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Mike Brandly, Auctioneer
May 1, 20103 min read
Offers prior to an auction
This particular loader is in almost new condition and given the features and hours, the owner is expecting to realize about $250,000 for...
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Mike Brandly, Auctioneer
Mar 13, 20102 min read
Do auctioneers sell only material goods, or experiences?
Many studies over the years have concluded that people are generally more happy with experiential purchases than material purchases. One...
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Mike Brandly, Auctioneer
Jan 12, 20104 min read
Live auctions disappear?
Scott Musser, current National Auctioneer Association President, said recently:“I think in five years that 50 percent of auctions will be...
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Mike Brandly, Auctioneer
Dec 7, 20092 min read
Tie Bids — they don’t exist at an auction
When bid calling, there can be only one high bidder who is in contract with the seller (i.e. one seller, one buyer). If it were possible...
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