Mike Brandly, Auctioneer
The threat to live (all) auctions
If there is a real threat to consider here, it’s the threat to all auctions, not only one type. As we’ve written before … in 2003 the...
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Mike Brandly, Auctioneer
Dec 14, 20182 min read
Bid from the comfort of your home or office
Apparently an attorney told an auctioneer that this phrase should immediately be removed from his auction advertising — as it implied a...
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Mike Brandly, Auctioneer
Dec 12, 20182 min read
Buy this at auction and …
However, what if an auction advertisement said, “Buy this at auction and ski down the hill from your back door,” or “Buy this at auction...
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Mike Brandly, Auctioneer
Oct 18, 20183 min read
Puffing or representing while bid calling
Kurt Bachman is a skilled attorney and auctioneer. We don’t always agree, but his recent article regarding “Does your chant create an...
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Mike Brandly, Auctioneer
Jul 2, 20183 min read
The “basics” of the auction business?
https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ In that blog, I noted that a...
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Mike Brandly, Auctioneer
Jun 21, 20183 min read
That other bidder, and fraudulent inducement
There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:...
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Mike Brandly, Auctioneer
Jun 14, 20182 min read
Auctioneers … it’s A/B testing, not A testing
The widely held definition of A/B Testing is: A/B testing is a controlled experiment with two variants, A and B. It is a form of...
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Mike Brandly, Auctioneer
May 30, 20183 min read
What is all this auction “jargon?”
https://mikebrandlyauctioneer.wordpress.com/2018/05/11/the-public-and-auction-jargon/ Today, we explore some of the most common auction...
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Mike Brandly, Auctioneer
May 11, 20182 min read
The public and auction jargon …
The solution often offered is to eliminate jargon when possible, and use more easily, commonly used words or phrases. Yet, I wonder if...
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Mike Brandly, Auctioneer
May 8, 20182 min read
Advertising real property at auction & fair housing
As a general rule, real property auction advertisements should describe the property’s amenities and features, rather than...
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Mike Brandly, Auctioneer
Apr 23, 20182 min read
Maybe selling absolute with binding opening bid?
In a without reserve auction, after the auctioneer calls for bids on a property, that property cannot be withdrawn unless no bid is made...
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Mike Brandly, Auctioneer
Apr 16, 20182 min read
Auction marketing words matter
However, it seems once we as auctioneers removed the word, “Auction” or words, “Public Auction” from prominent spots in our advertising,...
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Mike Brandly, Auctioneer
Mar 19, 20184 min read
An auction disclaimer I saw in court
The essence of this case was the auctioneer was providing estimates of value on items being put up for auction. One such item was...
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Mike Brandly, Auctioneer
Mar 14, 20184 min read
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...
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Mike Brandly, Auctioneer
Mar 7, 20182 min read
Is the reserve price a material fact?
However, some information which buyers might feel is material is also by default confidential. Such is the reserve price which twice in...
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Mike Brandly, Auctioneer
Feb 26, 20183 min read
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...
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Mike Brandly, Auctioneer
Feb 8, 20183 min read
Is that next bid a higher bid?
However, what if my $270 bidder was paying with a credit card costing the seller 3.5% and the $265 bidder is paying cash? $270 minus 3.5%...
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Mike Brandly, Auctioneer
Feb 1, 20182 min read
Bidding with a contingency … a higher bid?
We touched on another unfortunate bid calling technique (https://mikebrandlyauctioneer.wordpress.com/2018/01/29/i-have-it-but-i-dont-and-...
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Mike Brandly, Auctioneer
Jan 16, 20182 min read
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...
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Mike Brandly, Auctioneer
Jan 11, 20182 min read
At auction: Is it wanting or buying?
Marsha L. Richins of the University of Missouri wrote about our title in her paper, “When Wanting Is Better Than Having,” in the Journal...
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