Mike Brandly, Auctioneer
Selling yourself, then their property …
He is to meet with Mary and Richard Gaines about selling Mary’s late mother’s real and personal property at auction. Upon arriving, Jim...
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Mike Brandly, Auctioneer
Jan 6, 20122 min read
When & Where: The UCC 2-328 applied to real estate
However we’ll use “real estate” here as this is typically how this question is posed. The UCC 2-328 was finally firmed as to language...
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Mike Brandly, Auctioneer
Jan 5, 20123 min read
Number of bidders per item? Number of bids?
Clearly the use of a computer allows for these counts to be calculated and reported. The more of each is deemed better for the seller;...
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Mike Brandly, Auctioneer
Jan 1, 20122 min read
Online ownership prior to auction?
For example, say the auction date is November 15. November 1 the auction house places a list of the items to be offered at auction on...
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Mike Brandly, Auctioneer
Dec 25, 20112 min read
Should auctioneers announce the buyer’s (or bidder’s) name? Part II
Our original story is here: Should auctioneers announce the buyer’s (or bidder’s) name? Nancy purchased a rare pair of Japanese Carl...
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Mike Brandly, Auctioneer
Dec 20, 20114 min read
Personal property at auction
Auctioneers sell personal property at auction every day in the United States and other places around the globe. For one auctioneer, that...
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Mike Brandly, Auctioneer
Dec 11, 20113 min read
Retraction made while the hammer is falling?
One such “playing field” issue is that outside of seller withdrawal, the buyer may retract his bid anytime before the property is deemed...
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Mike Brandly, Auctioneer
Dec 4, 20113 min read
History Channel – the Real Deal?
The added exposure for the auction method of marketing is beneficial to all of those involved in the auction business. I don’t doubt...
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Mike Brandly, Auctioneer
Nov 29, 20112 min read
An auctioneer’s best client
What traits would the best client have? What traits would the best client not have? If we base our evaluation on what might be a typical...
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Mike Brandly, Auctioneer
Nov 25, 20114 min read
Customary closing is … the price?
We write here about our analysis of this somewhat unusual type of auctioneer closing. The UCC 2-328 as adopted by 49 of the 50 states in...
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Mike Brandly, Auctioneer
Nov 21, 20112 min read
Online auction company wants you to stay home …
For years, AuctionCode.com succeeded in helping the live auctioneer and auction buyers and sellers in the United States and elsewhere....
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Mike Brandly, Auctioneer
Nov 19, 20113 min read
Auctioneers and sore throats
Neil’s schedule each week includes: Monday at the Geofair auto auction Tuesday at the Tylersville Cattle auction Thursday at the Dain-Co...
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Mike Brandly, Auctioneer
Nov 15, 20113 min read
Should auctioneers announce the buyer’s (or bidder’s) name?
Ed conducts an “Every Friday” consignment auction in Carlin, Nevada. This particular Friday, he opens his auction with the first item up...
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Mike Brandly, Auctioneer
Nov 15, 20113 min read
Puffing versus misrepresentation at auction
Puffing goes on in the auction business every day. Auctioneers (and sellers utilizing auctioneers) talk to bidders, and represent in...
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Mike Brandly, Auctioneer
Nov 11, 20112 min read
Can the minimum bid be too low?
In other words, could the minimum bids be so low that they affect the final selling prices in a negative fashion? Let’s say … Bob is...
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Mike Brandly, Auctioneer
Nov 7, 20112 min read
Types of auction commission structures
Prevailing theory is that with a commission structure, the auctioneer and client work together with the same interest … the more the...
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Mike Brandly, Auctioneer
Nov 6, 20113 min read
Auction bidders deserve to know seller identity?
And as more and more sellers sell their property by auction, some sellers — despite believing in the auction method of marketing — wish...
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Mike Brandly, Auctioneer
Oct 30, 20113 min read
Has the reserve confirmation system decreased the buyer pool?
“Has the reserve confirmation system caused the industry to lose buyer confidence and thus decreased the buyer pool?” First, let’s look...
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Mike Brandly, Auctioneer
Oct 29, 20112 min read
Auctions: Is it supply or demand?
Terry’s question restated: Does the property auctioneers are selling attract the bidders and buyers, or due to those bidders and buyers...
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Mike Brandly, Auctioneer
Oct 27, 20114 min read
Last good faith bid?
This 4-paragraph section of state law is the most paramount law for auctioneers in the United States. It dictates, among many things,...
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