Coming in waaaaaay below the pre-auction estimate
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“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...
Mike Brandly, Auctioneer
Jun 15, 20172 min read
Lot 0 (Auction Information) confusion
What’s the problem? People are actually bidding on this Lot 0 — trying to buy the auctioneer’s terms and conditions, I suppose … but is...
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Mike Brandly, Auctioneer
Jun 12, 20174 min read
NAA C&S 2017: 24 great things in Columbus, Ohio
The Eight Landmarks The Horseshoe (The “Shoe”) is home of The Ohio State University Buckeye Football Team. It opened October 7, 1922 and...
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Mike Brandly, Auctioneer
Jun 8, 20172 min read
Where is auctioneer CE needed? Everywhere …
Brad Bergefurd, OSU Extension Educator & Horticulture Specialist, Charissa McGlothin, OSU Agriculture & Marketing Program Assistant and...
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Mike Brandly, Auctioneer
Jun 5, 20173 min read
Simulcast auctions and the timing of bids
I answered with the obvious observation, that the software would show which bids were placed by a person and which bids were placed...
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Mike Brandly, Auctioneer
Jun 1, 20173 min read
Auction terms versus auction descriptions …
So the auctioneer/auction company is able to succinctly express the precise terms and conditions of the auction — you must pay within 36...
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Mike Brandly, Auctioneer
May 30, 20173 min read
Pinhooking in the auction business
If alley trading, owner A is set to sell his car in the auction. Just before, B buys the car from A for $10,000. Then B runs the car...
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Mike Brandly, Auctioneer
May 24, 20172 min read
Bilingual Auctioneers …
We as auctioneers might want to start exploring Spanish and other languages as our auction crowds already have … and as we were...
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Mike Brandly, Auctioneer
May 22, 20172 min read
Bidders, last good faith bids and recourse
That analysis is here: https://mikebrandlyauctioneer.wordpress.com/2011/06/30/if-the-seller-bids/ As we have stated in countless...
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Mike Brandly, Auctioneer
May 18, 20172 min read
Auctioneer setting the bid in at the stated minimum?
We recently wrote twice about auctioneers setting the bid in: https://mikebrandlyauctioneer.wordpress.com/2016/12/22/should-the-auctionee...
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Mike Brandly, Auctioneer
May 15, 20172 min read
The Auctioneer Triple Crown
Although there are dozens of auctioneer bid calling contests in the United States each year, the three most well-known and prestigious...
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Mike Brandly, Auctioneer
May 11, 20172 min read
Auctions where buyer won’t pay; seller won’t convey
A bidder becomes the buyer and he refuses to pay for his purchase. A seller refuses to convey the property after a bidder becomes the...
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Mike Brandly, Auctioneer
May 3, 20172 min read
Six auctioneer vocal cord myths
This prompted us to write today, “Six auctioneer vocal cord myths,” with this being the first misconception: Nothing that you eat or...
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Mike Brandly, Auctioneer
Apr 28, 20172 min read
Online-only auction platform goes down …
We have previously written about online auction bidding becoming unavailable: https://mikebrandlyauctioneer.wordpress.com/2017/02/06/onl...
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Mike Brandly, Auctioneer
Apr 25, 20172 min read
Sued because of auction sale price
Here’s one such article from 2012 where the sellers actually sued the buyers for “buying too cheaply:” https://mikebrandlyauctioneer.wor...
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Mike Brandly, Auctioneer
Apr 19, 20173 min read
Diversity in the auction business, NAA
Bock noted in his article that 70 percent of Google’s employees were men, 61 percent of its total workforce were white, another 30...
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Mike Brandly, Auctioneer
Apr 17, 20172 min read
But that other bidder was drunk
Today, we explore the rights (if any) a high bidder may have if someone drunk or otherwise impaired bids against him. We broached this...
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Mike Brandly, Auctioneer
Apr 13, 20173 min read
Should the auctioneer “set the [bid] in?”
Randy Wells says, “I ran a weekly auction house for 17 years and I can say that I probably started 98.9% of the items we sold.” We have...
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Mike Brandly, Auctioneer
Apr 10, 20172 min read
Can auctioneers trust any online platform?
And, so far almost every online platform (once with enough data and/or enough money on the table) has decided to do one of two things:...
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Mike Brandly, Auctioneer
Apr 5, 20172 min read
At auction without the genuine intent to sell
We’ve written extensively about auctions where the seller has the “Genuine intent to transfer to the highest bidder regardless of price.”...
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