Mike Brandly, Auctioneer
Auctioneers, Alpha and Beta and more …
Of course, the issue is — who is the most interested bidder? Who is the second most interested bidder? Since prior to the auction, these...
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Mike Brandly, Auctioneer
Mar 28, 20192 min read
Bidder asks “Who is the other bidder?”
Occasionally, a bidder may want to know who the “other” bidder is … in other words, “Who is bidding against me?” One question we take a...
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![What is a flash [auction] sale?](https://static.wixstatic.com/media/69aad9_3ea8eb14a1b64e26b48760c734bd23f5~mv2.jpg/v1/fill/w_1434,h_1077,fp_0.50_0.50,q_90,enc_auto/69aad9_3ea8eb14a1b64e26b48760c734bd23f5~mv2.jpg)
Mike Brandly, Auctioneer
Mar 26, 20192 min read
What is a flash [auction] sale?
Generally in commerce, flash sales are deep[er] discounts on limited quantities for a short period of time. Presumably a flash [auction]...
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Mike Brandly, Auctioneer
Mar 22, 20192 min read
What the lack of auctioneer licensing causes …
https://mikebrandlyauctioneer.wordpress.com/2019/01/21/auctioneer-licensing-might-be-changing/ In regard to such lack of licensing,...
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Mike Brandly, Auctioneer
Mar 20, 20193 min read
An auction that is both with AND without reserve?
First, let me clarify that this term “auction” here is just one lot, rather than the term “auction event” consisting of all the lots as...
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Mike Brandly, Auctioneer
Mar 18, 20192 min read
Puffing and bids in bad faith
Said another way, in a forced sale where most hold that anyone can bid including the seller, can any bids be considered in bad faith? My...
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Mike Brandly, Auctioneer
Mar 14, 20193 min read
Bids per lot? Number of bidders placing bids?
I asked for an opening bid of $1,000 and dropped down to $500 when a known-silver-buyer opened the bid at $300. I asked $350 and got it,...
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Mike Brandly, Auctioneer
Mar 11, 20192 min read
The $1,300,000 or $1,510,000 bull
Schaff Angus Valley as the seller retained possession of the bull and 20% of the semen rights, with the buyer (Herbster Angus Farms)...
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Mike Brandly, Auctioneer
Mar 7, 20193 min read
Auctioneers and “the” law versus “that” law
Stanley Forman Reed — without a law degree — serving as Associate Justice of the Supreme Court of the United States, 1938 – 1957 Our...
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Mike Brandly, Auctioneer
Mar 5, 20192 min read
A President and shill bidding
Vox. Apparently President Trump asked his longtime lawyer Michael Cohen to secure a fake bidder to purchase a painting of the President...
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Mike Brandly, Auctioneer
Mar 1, 20192 min read
Can “anyone” do an online auction?
Let’s see … open the app, take a picture (or several) with my phone, type a little description, check a few boxes, and press upload? ...
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Mike Brandly, Auctioneer
Feb 27, 20192 min read
When is a seller’s bid a shill bid?
What is shill bidding? Shill bidding is generally any bidding which lacks the “genuine intent to purchase” and rather bidding in order...
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Mike Brandly, Auctioneer
Feb 25, 20193 min read
Live, online-only or simulcast?
First, is an auction (live, simulcast and/or online-only) suitable at all? Generally, we have held that auctions are suitable [only]...
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Mike Brandly, Auctioneer
Feb 22, 20192 min read
Is your absolute auction being advertised/conducted as such?
First of all — why would any auctioneer not want the public to know an auction is indeed absolute? The words “absolute” or “without...
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Mike Brandly, Auctioneer
Feb 20, 20193 min read
Online auction bidders don’t read?
Terms and conditions of an auction [particularly online-only or simulcast] might say, “No shipping,” “15% Buyer’s premium,” “$20 handling...
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Mike Brandly, Auctioneer
Feb 15, 20192 min read
Auctioneers and confidence
The particular definition of confidence in which I’m referring is more so “self-confidence:” … a feeling of self-assurance arising from...
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Mike Brandly, Auctioneer
Feb 13, 20193 min read
What’s faster? Live auction or online auction?
Live auctioneers can sell 2-3-4 lots of personal property a minute. Let’s say the average lot takes 25 seconds — so they sell in 25...
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Mike Brandly, Auctioneer
Feb 11, 20193 min read
“As-is” and should have known
ALL HORSES ARE SOLD AS IS WITH ALL FAULTS AND DEFECTS. The buying and selling of horses, especially horses purchased to serve as...
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Mike Brandly, Auctioneer
Feb 7, 20192 min read
Our auction had more views …
We know far more about this online auction than this antiquated live auction, right? Maybe. Did you know that the 286 of the 450...
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Mike Brandly, Auctioneer
Feb 4, 20193 min read
What if the seller bids first in an absolute auction?
Our analysis today regards the seller bidding in an absolute auction — and in particular if the seller bids first. Within the few legal...
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