Mike Brandly, Auctioneer
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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Mike Brandly, Auctioneer
Aug 21, 20132 min read
When, exactly, can the auctioneer take his commission?
The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...
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Mike Brandly, Auctioneer
Aug 19, 20132 min read
Is it an auction or something else?
Real or personal property is sold by competitive bidding, with the high bidder becoming the owner. As such, a typical public auction...
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Mike Brandly, Auctioneer
Aug 16, 20133 min read
How long of a delay is considered a withdrawal?
And with only four paragraphs, there are many subtleties which are less obvious. For example, our topic today. Our scenario is a...
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Mike Brandly, Auctioneer
Aug 14, 20132 min read
Can you have an absolute online-only auction? Should you?
An absolute auction: An auction where once a lot (property) is put up for bid, and a bid is received within a reasonable time, the lot...
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Mike Brandly, Auctioneer
Aug 13, 20132 min read
Commission on property the auctioneer purchased?
As Gail accumulated more and more items from her auction buying, she contacted an auctioneer about selling some of her collection. Her...
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Mike Brandly, Auctioneer
Aug 10, 20132 min read
Who should judge auctioneer contests?
Most states in the United States host such contests, and on the national stage, there is most notably: The International Auctioneer...
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Mike Brandly, Auctioneer
Aug 8, 20133 min read
Public auction invitations
Bob has had live auction crowds ranging from only a few bidders to over 1,000 bidders. He normally attributes the size of his crowd to...
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Mike Brandly, Auctioneer
Aug 6, 20132 min read
Auction contract binding upon who?
I note a particular paragraph found in my contract as well as many (I suspect) other auction consignment contracts used by auctioneers...
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Mike Brandly, Auctioneer
Aug 5, 20132 min read
A state auctioneers commission
Typical requirements for licensure include auction school, a test, fees, bonding, background check, serving an apprenticeship and/or...
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Mike Brandly, Auctioneer
Jul 31, 20133 min read
Bidder “decision fatigue”
I wrote about “sale order” and if it matters here:http://mikebrandlyauctioneer.wordpress.com/2011/01/01/does-order-of-sale-matter/ Our...
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Mike Brandly, Auctioneer
Jul 25, 20132 min read
Is the ringman an agent?
These ringmen typically help present property to the bidders, and also relay bids and other information to/from the audience and the...
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Mike Brandly, Auctioneer
Jul 19, 20133 min read
The NAA IAC Final Round Questions ’13
At the 2013 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 19 in...
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Mike Brandly, Auctioneer
Jul 13, 20133 min read
Auctioneer throat therapy
Such therapy has been around for centuries. For instance, this 1950’s Throat Tablets 3 Oz bottle contains: Menthol and Benzoic Acid...
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Mike Brandly, Auctioneer
Jul 9, 20132 min read
In Louisianna it sells absolute
The only state which did not adopt the UCC 2-328 into their state law is Louisiana, however their courts regularly rule as if they had....
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Mike Brandly, Auctioneer
Jul 4, 20132 min read
Communicating numbers to the auctioneer
An an auction, there is typically a person “working the ring,” commonly referred to as a ringman. This person is charged with basically...
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Mike Brandly, Auctioneer
Jun 30, 20132 min read
Where exactly is that auction?
I told him, “1427 West 1st, in Grandview, 1:00 p.m.” Of course, he knew where (and when) I was talking about — we were standing in...
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Mike Brandly, Auctioneer
Jun 24, 20133 min read
Auction with only a picture of the defect?
Further, courts routinely rule that agents acting as a professional cannot purposely avoid knowledge about such property — also known as...
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Mike Brandly, Auctioneer
Jun 19, 20133 min read
Online auction licensing is here …
AuctionWeb (soon after to be www.eBay.com) was opened for business September 5, 1995 and the first item sold via an online auction was a...
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Mike Brandly, Auctioneer
Jun 14, 20132 min read
Bid calling matters
High-level bid calling encompasses many disciplines in addition to a rhythmic, smooth, fast, mesmerizing chant; crowd control, humor,...
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