Mike Brandly, Auctioneer
Selling choice (or a right) in an absolute auction?
In essence, we asked if an auctioneer offered the high bidder choice of a group of items in an absolute auction, where that bidder could...
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Mike Brandly, Auctioneer
May 17, 20124 min read
Auction photos
As well, in hopes of limiting liability, many auctioneers are using more pictures, and less accompanying descriptive text. In this way, a...
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Mike Brandly, Auctioneer
May 15, 20123 min read
Selling at auction: online and live
Again, we look at a research paper titled “Selling online versus live” which was released as a result of work by, Eiichiro Kazumori, PhD...
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Mike Brandly, Auctioneer
May 12, 20123 min read
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
May 1, 20123 min read
Auction atmospheres
Almost all of these auctions, since 500 B.C. — over 2,500 years — have been live auctions. In other words, an auctioneer stands in...
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Mike Brandly, Auctioneer
Apr 30, 20123 min read
NAA didn’t change its name, again.
Founded in 1949, the National Auctioneers Association (NAA) is the world’s largest professional association dedicated to professional...
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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 18, 20122 min read
A curious 1931 Model J Duesenberg
John apparently stored his 1931 Model J Duesenberg automobile (and a Rolls Royce) in a Manhattan storage unit (Windsor Garage) for over...
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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
Apr 8, 20124 min read
Customer breaks item scheduled in online auction
Over 300 lots of glassware, china, figurines and other somewhat delicate collectibles are scheduled to sell to the highest bidders on...
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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 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 18, 20124 min read
Title 9 Section 201.56 Purchases from consignment
Its rules prohibit auctioneers working the auction from bidding on consigned livestock. Here’s the text of that law:Title 9 – Animals and...
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