Mike Brandly, Auctioneer
The “basics” of the auction business?
https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ In that blog, I noted that a...
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Mike Brandly, Auctioneer
Jun 27, 20182 min read
What does your free auctioneer cost you?
Christie asked, “What is your ‘free’ auctioneer costing your fundraising event?” I invite you to read more here: ...
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Mike Brandly, Auctioneer
Jun 25, 20182 min read
At auction … when is it “Sold!?”
However, online it’s apparently not that clear. It could be when the auctioneer (or software) says “Sold! or it could be when the invoice...
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Mike Brandly, Auctioneer
Jun 23, 20183 min read
South Dakota v. Wayfair, Inc., et al.
A very material case for auctioneers at the Supreme Court of the United States was decided June 21, 2018. The decision can be read here:...
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Mike Brandly, Auctioneer
Jun 21, 20183 min read
That other bidder, and fraudulent inducement
There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:...
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Mike Brandly, Auctioneer
Jun 18, 20183 min read
How the auction industry lost at least one bidder
If there is one single consistent theme running through the minds of plaintiffs in these cases, it might be: Auctioneers “running the...
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Mike Brandly, Auctioneer
Jun 14, 20182 min read
Auctioneers … it’s A/B testing, not A testing
The widely held definition of A/B Testing is: A/B testing is a controlled experiment with two variants, A and B. It is a form of...
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Mike Brandly, Auctioneer
Jun 11, 20182 min read
Rarity and value in the auction business
But what about that picture of your grandfather standing on the beach in Hawaii in 1936? There’s only one of these pictures so it too is...
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Mike Brandly, Auctioneer
Jun 6, 20182 min read
Absolute with bid then retraction
An attorney called and asked me if his client-auctioneer had to right to withdraw a property after receiving a bid on the property in an...
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Mike Brandly, Auctioneer
Jun 4, 20182 min read
Auctions: Fast, Fun & Transparent
National Auctioneers Association events. Auctions are fast, fun and transparent. Today, we explore what those words mean when referring...
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Mike Brandly, Auctioneer
Jun 1, 20182 min read
Auction bidders are told they “may have won?”
In fact, we proposed some time ago that “may” may be the worst word to use in the auction industry: https://mikebrandlyauctioneer.wordpr...
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Mike Brandly, Auctioneer
May 30, 20183 min read
What is all this auction “jargon?”
https://mikebrandlyauctioneer.wordpress.com/2018/05/11/the-public-and-auction-jargon/ Today, we explore some of the most common auction...
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Mike Brandly, Auctioneer
May 28, 20182 min read
Reasonable expectation of privacy at auction
https://mikebrandlyauctioneer.wordpress.com/2016/02/17/seller-and-buyer-identity-at-auction/ However, certainly here in 2018 there is an...
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Mike Brandly, Auctioneer
May 22, 20183 min read
Benefit auctions and auctioneer escrow accounts
https://mikebrandlyauctioneer.wordpress.com/2016/09/05/tax-issues-at-a-benefit-auction/ Our analysis today involves when the auctioneer...
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Mike Brandly, Auctioneer
May 16, 20183 min read
Misunderstanding effects of buyer’s premiums …
Some auctions/auctioneers charge a buyer’s premium, and some do not. There is no right or wrong about charging a buyer’s premium — but...
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Mike Brandly, Auctioneer
May 14, 20183 min read
Seller bidding beyond reserve?
https://mikebrandlyauctioneer.wordpress.com/2009/11/15/different-types-of-auctions/ The right for the seller to bid — outside of a forced...
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Mike Brandly, Auctioneer
May 11, 20182 min read
The public and auction jargon …
The solution often offered is to eliminate jargon when possible, and use more easily, commonly used words or phrases. Yet, I wonder if...
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Mike Brandly, Auctioneer
May 8, 20182 min read
Advertising real property at auction & fair housing
As a general rule, real property auction advertisements should describe the property’s amenities and features, rather than...
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Mike Brandly, Auctioneer
May 7, 20182 min read
Online-only auction starts to close … and we have a problem
This would mean that 142 lots are already sold, and 358 lots are not sold. The auctioneer running the online-only auction extends the...
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Mike Brandly, Auctioneer
May 4, 20182 min read
Auctioneers and antique firearms
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) regulates what is an antique firearm and their definition is as follows;...
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