Mike Brandly, Auctioneer
The (not so) aging of the auction audience
In other words, we were seeing 30- and 40-year olds at our auctions in the 1980’s, and now we’re seeing primarily 60- and 70-year olds? I...
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Mike Brandly, Auctioneer
Sep 27, 20115 min read
Selling at auction: online versus live
Some have also asked: Is there any evidence of the answer — has there been any research completed on this matter? The answers to these...
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Mike Brandly, Auctioneer
Sep 24, 20113 min read
High bidder doesn’t win?
As we’re waiting for our entrees to arrive to our table, I asked him a question: “Have you ever had two bids of the same amount come in...
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Mike Brandly, Auctioneer
Sep 22, 20112 min read
Auctioneers equally admire
So said the famous Irish writer and poet Oscar Wilde. What did Mr. Wilde mean by this? I suspect he meant that auctioneers, by virtue of...
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Mike Brandly, Auctioneer
Sep 17, 20114 min read
Auctioneers being left behind?
While some believe this, I find the quote interesting to study a bit more in depth. An online auction allows bidders to bid via their...
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Mike Brandly, Auctioneer
Sep 15, 20113 min read
The online auction company plan?
In a sweeping investigation by the Federal Bureau of Investigation (FBI), Youragentbid’s offices were raided this morning. While the...
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Mike Brandly, Auctioneer
Sep 14, 20112 min read
Recognition of the online auction provider?
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
Sep 10, 20113 min read
Sealed Bid & Absolute Auction
“Is it just me or does “Sealed Bid & Absolute Auction” seem rather confusing? I read about an upcoming auction where it’s called a...
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Mike Brandly, Auctioneer
Sep 9, 20113 min read
Traditional auctioneers only attract bottom feeders?
Real property sells at auction quicker and more efficiently than more traditional methods in any market (more supply than demand, or more...
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Mike Brandly, Auctioneer
Sep 4, 20112 min read
Auctioneer: the oldest profession?
While many reference prostitution as the, “oldest profession” it’s doubtful that can be substantiated either. How old is the...
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Mike Brandly, Auctioneer
Sep 2, 20112 min read
Auctions are an illusion
I recall Larry telling me and many others on several occasions that while people attend auctions for the chance to get a deal, that...
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Mike Brandly, Auctioneer
Sep 1, 20112 min read
Does the UCC 2-328 apply to an online auction?
Despite there not being any licensing law for online auctions in most states, there is contract law and related statutes which courts use...
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Mike Brandly, Auctioneer
Aug 30, 20113 min read
Does the UCC 2-328 apply to real estate?
First, we did ask if the UCC 2-328 applies to real estate and we should probably say, “real property” instead, as real estate is only the...
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Mike Brandly, Auctioneer
Aug 28, 20113 min read
Different increments for different bidders?
In other words, can an auctioneer have Julie on at $500 and ask (demand) Rachel bid $525 to outbid Julie, and when Rachel bids $525, then...
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Mike Brandly, Auctioneer
Aug 23, 20112 min read
What’s the best day for an auction?
It’s worth noting that we wrote some time ago about having an auction on Sunday. We explored why Sunday was a perfectly good day for an...
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Mike Brandly, Auctioneer
Aug 20, 20113 min read
If I had written the UCC 2-328
The UCC 2-328 as it is today, and as largely adopted verbatim by the states in the United States, is here:(1) In a sale by auction if...
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Mike Brandly, Auctioneer
Aug 18, 20113 min read
Caveat venditor and auctions
In contrast, today we write about “Caveat venditor” which is Latin for, “Let the seller beware.” So, how does caveat venditor relate to...
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Mike Brandly, Auctioneer
Aug 17, 20113 min read
Caveat emptor and auctions
The practical matter of caveat emptor is that buyers should be alert to omission, deception and misrepresentation in transactions,...
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Mike Brandly, Auctioneer
Aug 7, 20113 min read
Online auctions lack a crucial element
Justin went on to describe what was lacking … “That a computer can’t put its hand on your back and tell you to bid on more time.” He also...
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Mike Brandly, Auctioneer
Aug 6, 20113 min read
We’ll both buy?
Vince arrives to a restaurant auction on Saturday and finds several palettes of new coffee filters. He estimates that there are about...
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