Mike Brandly, Auctioneer
The opportunity to bid a certain amount?
Auctions generally don’t assure this bidder he’ll get this item if it sells for $750 — or even less depending upon the increments. For...
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Mike Brandly, Auctioneer
Sep 3, 20185 min read
Simulcast auctions … how they work and how they don’t
eBay works this way. For example, we have Bidder A and Bidder B. Bidder A submits a $750 maximum bid on eBay and his high bid is at $5 …...
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Mike Brandly, Auctioneer
Aug 29, 20182 min read
One bid and 200 other bidders stand in silence?
The entire story is here: https://www.holidaysincornwall.com/farmers-stand-in-silence-at-auction-so-a-young-man-can-buy-back-his-family-...
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Mike Brandly, Auctioneer
Aug 27, 20183 min read
Higher bids “placed” online
The online bidder is (understandably) upset, “How did I not get this item for my maximum $750 bid? How did someone else get this item for...
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Mike Brandly, Auctioneer
Aug 24, 20182 min read
Auctioneers are asked, “What do you charge?”
Ask a surgeon what it costs to perform surgery. Ask a car repair technician what the charge will be to repair your car. Ask an insurance...
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Mike Brandly, Auctioneer
Aug 23, 20182 min read
Can an auctioneer association discipline a member?
Sometime last year, one quilter was accused of making inappropriate comments to another. The harmed quilter notified the officers and...
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Mike Brandly, Auctioneer
Aug 20, 20181 min read
Auctioneers donating their time to 501(c)(3)
As can be seen in IRS Publication 526: https://www.irs.gov/pub/irs-pdf/p526.pdf, the “value of your time or services” is not deductible....
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![Auctioneers, Facebook, Censorship and [Fake] News …](https://static.wixstatic.com/media/69aad9_71c180aec6e84fe7a95a19e2de9e9bfc~mv2.png/v1/fill/w_692,h_520,fp_0.50_0.50,q_95,enc_auto/69aad9_71c180aec6e84fe7a95a19e2de9e9bfc~mv2.png)
Mike Brandly, Auctioneer
Aug 15, 20183 min read
Auctioneers, Facebook, Censorship and [Fake] News …
Facebook‘s stock plunged 19% losing about $119 billion in market value constituting the biggest single-day loss for any public company in...
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Mike Brandly, Auctioneer
Aug 13, 20182 min read
Auctioneers, the IRS and appraisals
For reference, here is our previous article on IRS appraisals from 2013: https://mikebrandlyauctioneer.wordpress.com/2013/05/01/auctione...
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Mike Brandly, Auctioneer
Aug 8, 20182 min read
Representing (or misrepresenting) auction bidders …
We have written about this more than once, including here: https://mikebrandlyauctioneer.wordpress.com/2012/07/17/who-else-was-bidding/...
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Mike Brandly, Auctioneer
Aug 6, 20182 min read
Helping auctioneers or the auction industry?
First of all, I’m not going after anyone as I’m not a party to any of the lawsuits where I’m asked to testify. Rather, either the...
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Mike Brandly, Auctioneer
Aug 1, 20182 min read
When has the UCC 2-328 been a bad idea?
https://mikebrandlyauctioneer.wordpress.com/2018/07/26/auctioneers-you-want-win-in-court-or-stay-out-of-court/ What we suggested in that...
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Mike Brandly, Auctioneer
Jul 26, 20183 min read
Auctioneers — you want to win in court, or stay out of court?
We’ve discussed the legal issues, merits and otherwise the prudence of following the UCC 2-328 more strictly and not modifying it per the...
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Mike Brandly, Auctioneer
Jul 24, 20182 min read
Are we as auctioneers too difficult to understand?
National Auctioneers Association President Tim Mast even brought this issue up recently. It’s a good question with an easy answer — if...
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Mike Brandly, Auctioneer
Jul 20, 20183 min read
The NAA IAC Final Round Questions ’18
At the 2018 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 20 in Jacksonville,...
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Mike Brandly, Auctioneer
Jul 16, 20182 min read
Auction expert witness and standards of proof
Most cases in which we’ve been involved have been civil cases, where the standard of proof has been generally either a preponderance of...
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Mike Brandly, Auctioneer
Jul 11, 20183 min read
No auctioneer licensing so anything goes?
Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...
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Mike Brandly, Auctioneer
Jul 9, 20183 min read
Can a lot be unsold at auction?
Items are put up for auction in the United States and around the world every second of every day. In the United States alone, millions...
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Mike Brandly, Auctioneer
Jul 6, 20182 min read
Is free speech always free?
We wrote about contracts always being in writing here: https://mikebrandlyauctioneer.wordpress.com/2016/04/19/auctioneers-always-written...
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Mike Brandly, Auctioneer
Jul 4, 20183 min read
More bidders or the right bidders?
At auction, the final high bid is (largely) determined by the last two bidders — the high bidder and the runner-up bidder. Given that,...
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