Mike Brandly, Auctioneer
When can the auctioneer change terms?
Let’s say an auctioneer has a live auction scheduled with online pre-bidding beginning several days prior. How would terms such as,...
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Mike Brandly, Auctioneer
Aug 1, 20152 min read
Can a minor sell a gun at auction?
We held that the contract for sale (transferring title and possession) is void in these cases and therefore the gun still belongs to...
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Mike Brandly, Auctioneer
Jul 27, 20152 min read
Auctions and equitable servitude
Albert is coincidentally 85 years old and has always told himself that when he reached that age he would sell his property to the county...
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Mike Brandly, Auctioneer
Jul 20, 20152 min read
An absolute auction with a minimum qualifying deposit
We were discussing absolute auctions at the NAA Conference & Show in Addition, Texas July 14-18, 2015. Our discussion involved that...
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Mike Brandly, Auctioneer
Jul 17, 20153 min read
The NAA IAC Final Round Questions ’15
At the 2015 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 17 in Addison,...
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Mike Brandly, Auctioneer
Jul 7, 20152 min read
NAA Designation Prerequisite Course
Good advice I’d say. If you are a member of the National Auctioneers Association or not, you can benefit from taking the NAA’s...
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Mike Brandly, Auctioneer
Jul 1, 20152 min read
The need to bid?
These bidders go to buy things they want or need. But do they have another less obvious need? I’m going to suggest for many, they have a...
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Mike Brandly, Auctioneer
Jun 25, 20152 min read
Auctioneers and signs
Auctioneers use a variety of marketing platforms — techniques — to advertise and promote property. Today, auctioneers use newspapers,...
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Mike Brandly, Auctioneer
Jun 22, 20153 min read
Gun buyer at auction is denied
Federal Firearms Licensee (FF.) The buyer fills out the ATF Form 4473 and subsequently is denied possession of the gun. Upon denial, the...
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Mike Brandly, Auctioneer
Jun 14, 20153 min read
The murky auction market?
While world record prices are widely celebrated, some question the prices — some question the process. Picasso’s “Women of Algiers...
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Mike Brandly, Auctioneer
Jun 8, 20153 min read
Auctioneers profiting from illegal seller bidding?
This penalty might be a fixed amount above the sale price, and/or an increased commission. Specifically, let’s say an auctioneer’s...
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Mike Brandly, Auctioneer
Jun 3, 20154 min read
Changing the “type” of auction
The seller has informed his auctioneer that he is willing to sell his prized framed painting for $150,000, at his upcoming auction, and...
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Mike Brandly, Auctioneer
Jun 1, 20152 min read
With reserve with a reserve
As I’ve noted over the years, there are only two types of auctions — with reserve and without reserve. We discussed in more detail here:...
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Mike Brandly, Auctioneer
May 27, 20153 min read
How long is a bid a bid?
For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...
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Mike Brandly, Auctioneer
May 22, 20152 min read
Nobody goes to live auctions anymore …?
I’m blessed to have Peter Gehres, Laura Mantle and Patrick Brown along with other great auctioneers and staff to handle things in my...
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Mike Brandly, Auctioneer
May 19, 20152 min read
The Touch of the Master’s Hand
The Touch of the Master’s Hand ’Twas battered and scarred, and the auctioneer Thought it scarcely worth his while To waste much time on...
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Mike Brandly, Auctioneer
May 15, 20153 min read
Auctioneers and bulk sale laws
In the case of a business closing or the like, the auction itself may be subject to the “bulk sale” laws in the United States. Bulk sale...
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Mike Brandly, Auctioneer
May 12, 20152 min read
What if the seller bids first?
In a somewhat modest legal case, an attorney informed me that he represented a buyer who felt injured by the seller bidding against him...
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Mike Brandly, Auctioneer
May 5, 20152 min read
Auctioneers & no-sale (no-performance) fees
Auctioneers are also sometimes paid when property doesn’t sell. Paid when property doesn’t sell? Yep, even when it doesn’t sell....
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Mike Brandly, Auctioneer
May 1, 20153 min read
As-is and fairness
Many cars selling at auction sell, “as-is” and “where-is” and essentially include terms that the bidders are to not rely on any...
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