Mike Brandly, Auctioneer
Are Internet auction laws necessary?
By 2007, upwards of $80,000 in goods and services sold on www.ebay.com every minute of every day. Today at various times just as much or...
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Mike Brandly, Auctioneer
Mar 15, 20123 min read
What’s it worth?
We concluded then that possibly all property only has extrinsic value (value by agreement) rather than intrinsic value, which is deemed...
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Mike Brandly, Auctioneer
Mar 11, 20123 min read
You can’t start where you want to finish …
What were talking about here is “Auction 101” in a sense, as this concept is basic to all types of auctions, regardless of type of...
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Mike Brandly, Auctioneer
Mar 10, 20123 min read
Auctioneer’s chant: Captivation & Motivation
The auctioneer’s chant, however, is much more than simply a time-honored institution in the industry, according to Mike Jones, CAI, BAS,...
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Mike Brandly, Auctioneer
Mar 4, 20123 min read
Importing and exporting guns to/from the United States
Over 700 bidders from 9 states bid live in addition to 475 online bidders from throughout the United States, Canada and Europe. Shooter...
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Mike Brandly, Auctioneer
Mar 1, 20123 min read
“… but I have a concealed carry permit.”
Over 700 bidders from 9 states bid live in addition to 475 online bidders from throughout the United States, Canada and Europe. Shooter...
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Mike Brandly, Auctioneer
Feb 28, 20123 min read
Online auction company, “shares your bidders?”
This platform allows auctioneers to list property on their site, and allows bidders to bid two ways. Bidders can either bid during the...
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Mike Brandly, Auctioneer
Feb 27, 20123 min read
Reserve not met … means bid is rejected?
Auction bid-calling contracts are somewhat unique, and different in many ways with other contract arrangements. This brings us to our...
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Mike Brandly, Auctioneer
Feb 14, 20123 min read
Bidder bids a negative amount …
I was asked the other day if a bidder bid a negative amount (such as -$50) at an absolute [without reserve] auction, “Is the auctioneer...
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Mike Brandly, Auctioneer
Feb 11, 20122 min read
Fred S. Fissell — The Auctioneer
In the same newspaper, we see an advertisement from W. C. F. Michel, Auctioneer for an auction to be held on Thursday, March 16, 1911...
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Mike Brandly, Auctioneer
Feb 9, 20122 min read
Conflicting Information …
That article can be read in full here: Online auction company wants you to stay home. Today, we’re writing about a recent outage of...
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Mike Brandly, Auctioneer
Feb 4, 20122 min read
Auctioneers are secondhand dealers?
This would require detailed record-keeping, daily government inventory reporting and “product holds” with police and/or sheriff...
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Mike Brandly, Auctioneer
Feb 3, 20123 min read
Online auctioneer policy changes
In essence, they are now being more upfront with bidders when the bidder’s maximum absentee bid [maximum pre-bid] is disclosed to the...
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Mike Brandly, Auctioneer
Feb 2, 20122 min read
How ethical are auctioneers?
Most recently in Indiana, with a group of nearly 100 auctioneers I was asked (during the class) how ethical I thought auctioneers were....
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Mike Brandly, Auctioneer
Jan 30, 20122 min read
NAA International Auctioneer Championship Scoring
The National Auctioneers Association’s (NAA) International Auctioneer Championship (IAC) is a premier event, held each year at the NAA...
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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
Jan 27, 20122 min read
UCC 2-328 Confusion
Nebraska Unicameral Information Office Despite there being only four (4) somewhat small passages making up the UCC 2-328, there is often...
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Mike Brandly, Auctioneer
Jan 17, 20122 min read
When does the hammer start to fall?
“Where a bid is made while the hammer is falling in acceptance of a prior bid …” meant that somewhere between the “S” and the “D” of the...
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Mike Brandly, Auctioneer
Jan 13, 20122 min read
Seller commission, sales tax & buyer’s premium?
In the latter, auctioneers must correctly calculate seller commissions, sales tax and buyer premiums — both when reconciling with bidders...
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Mike Brandly, Auctioneer
Jan 9, 20123 min read
Is buying at auction considered gambling?
Sometimes he buys things and makes money, and other times he buys things and loses money. Cory assumes a risk when he buys something — as...
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