Mike Brandly, Auctioneer
Online bidding and wire fraud
It’s unfortunate that a small percentage commit bid-rigging, shill bidding, fraudulent inducement, and similar schemes. Such behavior...
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Mike Brandly, Auctioneer
Mar 23, 20202 min read
How can auctioneers book more business?
Forbes magazine has an excellent article concerning although about keeping employees: https://www.forbes.com/sites/shephyken/2018/02/25/...
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Mike Brandly, Auctioneer
Mar 20, 20202 min read
Absolute auction … and how many bidders is enough?
What is a reasonable number of bidders? When are enough bidders registered that it’s prudent to open the bidding? Of course, it is...
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Mike Brandly, Auctioneer
Mar 19, 20202 min read
So you’re still having live auctions despite a pandemic?
Several states have prohibited “mass gatherings” in light of the Coronavirus (COVID-19) pandemic and those numbers range from 50, 100,...
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Mike Brandly, Auctioneer
Mar 18, 20202 min read
Online auction software too difficult to use?
It’s 2020. Software whether local or online should be (and can be) intuitive. Big buttons, clear visible text, common terminology,...
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Mike Brandly, Auctioneer
Mar 17, 20203 min read
Does auction law have to catch up with technology?
Contract law has been around since the middle ages — meaning that contracts start with an offer and form with acceptance and in today’s...
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Mike Brandly, Auctioneer
Mar 16, 20203 min read
Auctions and a pandemic
Live auctions (and some online auction previews/pickups) generally gather large groups of people together in the same immediate area....
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Mike Brandly, Auctioneer
Mar 13, 20202 min read
Buyer’s premiums and the backup bidder
The bidding reached $130,000 (I wasn’t bidding) and the auctioneer was asking $135,000. The other bidder who had bid $125,000 didn’t...
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Mike Brandly, Auctioneer
Mar 12, 20202 min read
Ritchie Bros. & buying with (more) confidence
Ritchie Bros. held their first auction in 1958 in Kelowna, BC, Canada. Ken, Dave and John conducted their first of many to follow...
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Mike Brandly, Auctioneer
Mar 11, 20202 min read
AuctionZip.com and this “other site”
AuctionZip.com and this “other site” are both auction calendar websites, where auctioneers can post upcoming auctions. Recently,...
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Mike Brandly, Auctioneer
Mar 10, 20202 min read
Ending times & soft auction closings
Live auctions are a great example of a “soft closing.” Bids are taken and only when nobody else bids for a reasonable time, the item...
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Mike Brandly, Auctioneer
Mar 9, 20202 min read
Who is a professional auction seller? Buyer?
However, meaning sensitive to these costs doesn’t mean they avoid them, nor pick the lowest cost no matter. Seasoned, professional...
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Mike Brandly, Auctioneer
Mar 6, 20202 min read
Better to be lucky than good?
There are thousands of top-shelf auctioneers around the United States. Yet, a select few work at the highest-profile events and even...
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Mike Brandly, Auctioneer
Mar 5, 20202 min read
So you’re telling me I can’t rely on anything you say?
Today, we explore a different topic; auctioneers literally say this sometimes: “You can not rely on anything I say …” Our question...
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Mike Brandly, Auctioneer
Mar 4, 20202 min read
How does an “absolute” auction not sell?
“How did this absolute auction property not sell?” — or the like — is the type of question I get. Due to an absolute auction being “The...
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Mike Brandly, Auctioneer
Mar 3, 20203 min read
10 things to know when bidding on your first online auction
https://mikebrandlyauctioneer.wordpress.com/2020/02/28/10-things-to-know-when-attending-your-first-live-auction/. Relatedly, for everyone...
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Mike Brandly, Auctioneer
Mar 2, 20202 min read
Who is easier to charge — seller or buyer?
Of course, not all retail buyers are inexperienced, and not all sellers are professional. However, our question is generally who is...
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Mike Brandly, Auctioneer
Feb 28, 20203 min read
10 things to know when attending your first live auction
Some people have never been to a live auction. Today we discuss 10 (ten) things to know when attending your first auction: Check the...
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Mike Brandly, Auctioneer
Feb 27, 20202 min read
Auctioneers & IRS Form 8300 reporting
The law requires that trades and businesses (such as auctioneers) report cash payments of more than $10,000 to the federal government by...
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Mike Brandly, Auctioneer
Feb 26, 20202 min read
Auctioneers, firearms and raffles
If the organization owns the gun being raffled, and all other laws are being followed in that particular state about raffles, that...
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