Mike Brandly, Auctioneer
No sale and that “second auction”
We’ve seen it more than once. Property sells for millions of dollars at auction, and the buyer (the high bidder) breaches the contract...
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Mike Brandly, Auctioneer
Aug 30, 20215 min read
Bidder know? Hear? Understand?
Case law for auctioneers is important. Since 2010 we’ve taught such classes across the United States and auctioneers tell me it’s some...
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Mike Brandly, Auctioneer
Aug 26, 20213 min read
Bidders — buyers — “ghosting” auctioneers
Do bidders who bid and win at auction … and then cease any further communication with the auctioneer/seller deserve our further attention?...
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Mike Brandly, Auctioneer
Aug 24, 20213 min read
Auctioneers and personal choice
The United States is a county founded on freedom. Freedom of speech, freedom of religion, freedom to assemble, freedom to keep and bear,...
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Mike Brandly, Auctioneer
Aug 23, 20212 min read
Auctioneers, video / audio recording
Auctioneers often utilize video and audio recording at their auction houses, and other events. Cameras will be up, signage will...
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Mike Brandly, Auctioneer
Aug 20, 20213 min read
Create your own marketplace?
I’m hearing it every day — pretty much all day — from auctioneers all over the country, and certainly from online platforms which do not...
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Mike Brandly, Auctioneer
Aug 17, 20213 min read
Auction bidders and “inquiry notice”
“Bidders at an auction ought to know that there are rules — terms and conditions — for the auction and should inquire about those rules...
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Mike Brandly, Auctioneer
Aug 14, 20212 min read
Online bidding platforms and DDoS
Could one online bidding [auction] platform try to disrupt a competitor’s online bidding platform for personal gain? When any platform...
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Mike Brandly, Auctioneer
Aug 9, 20212 min read
Sell absolute and end up in court?
I hear this on a somewhat regular basis … “Don’t hold absolute auctions so you can stay out of court.” I’m certainly aware some of the...
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Mike Brandly, Auctioneer
Aug 7, 20212 min read
Disclosing stigmatizations?
Many who sell real property at auction are required to disclose all known (should have known) material (latent) facts about property...
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Mike Brandly, Auctioneer
Aug 4, 20213 min read
Is that really the seller bidding?
Almost every week we receive a call, asking essentially “Can the seller bid disguised as another genuine bidder?” State law does allow...
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Mike Brandly, Auctioneer
Aug 2, 20213 min read
Can an online auction platform be too easy to use?
There may not be an auctioneer who has not said, “Why can’t the online platform be easier to use?” or similar words expressing...
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Mike Brandly, Auctioneer
Jul 29, 20212 min read
Auctioneers, the law says … and
Treat sellers, bidders, and buyers with good behavior? Endeavor to be fair and reasonable? Are these good thoughts to have when...
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Mike Brandly, Auctioneer
Jul 27, 20213 min read
Which is better for the seller? Absolute? With reserve?
There are dozens of academic research papers (and maybe not many more) concerning with reserve auctions versus without reserve (absolute)...
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Mike Brandly, Auctioneer
Jul 23, 20213 min read
National Auctioneers Association makes data ownership statement
The National Auctioneers Association (NAA) recently surveyed their membership and found that 70.4% of members use a third-party vendor to...
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Mike Brandly, Auctioneer
Jul 20, 20212 min read
A quick reference: when the auction buyer …
Auctioneers and their sellers occasionally encounter issues with buyers. Mostly these issues involve (personal property) possession...
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Mike Brandly, Auctioneer
Jul 16, 20212 min read
The NAA IAC Final Round Questions ’21
At the 2021 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 16 in Minneapolis,...
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Mike Brandly, Auctioneer
Jul 15, 20213 min read
Auctioneers celebrating diversity
I grew up in Preble County, Ohio less than one mile east of the (Indiana/Ohio) State Line Road. Growing up, I probably spent as much time...
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Mike Brandly, Auctioneer
Jul 12, 20213 min read
Consensus of value at auction
We’ve not only written about how auctions are collaborative in nature, but that auctioneers and sellers really only need the highest...
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Mike Brandly, Auctioneer
Jul 8, 20212 min read
The three big auction warranties
Steve Proffitt wrote in 2007 that there were at least three warranties made in auctions, as provided for in the [Uniform] commercial code....
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