Mike Brandly, Auctioneer
The need to bid?
These bidders go to buy things they want or need. But do they have another less obvious need? I’m going to suggest for many, they have a...
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Mike Brandly, Auctioneer
Jun 14, 20153 min read
The murky auction market?
While world record prices are widely celebrated, some question the prices — some question the process. Picasso’s “Women of Algiers...
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Mike Brandly, Auctioneer
May 27, 20153 min read
How long is a bid a bid?
For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...
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Mike Brandly, Auctioneer
May 22, 20152 min read
Nobody goes to live auctions anymore …?
I’m blessed to have Peter Gehres, Laura Mantle and Patrick Brown along with other great auctioneers and staff to handle things in my...
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Mike Brandly, Auctioneer
May 15, 20153 min read
Auctioneers and bulk sale laws
In the case of a business closing or the like, the auction itself may be subject to the “bulk sale” laws in the United States. Bulk sale...
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Mike Brandly, Auctioneer
Feb 10, 20153 min read
Your bidding today will include a 10% buyer’s premium
Such a conversation the other day recounted an auctioneer’s assessment of his community, and the general disdain for this additional...
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Mike Brandly, Auctioneer
Feb 2, 20144 min read
When is an auctioneer legally calling for bids?
A particular 11 words are of interest today:In an auction without reserve, after the auctioneer calls for bids on an article or lot, that...
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Mike Brandly, Auctioneer
Dec 7, 20134 min read
Our auction is not absolute, nor with reserve
In other words, an auction is one type or the other — and necessarily one or the other — and not both. We have written extensively about...
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Mike Brandly, Auctioneer
Nov 18, 20133 min read
“Sold!” to the previous bidder
Bill is the high bidder at $1,000 and the auctioneer is asking for a bid of $1,100. The auctioneer sees Aaron wave, and takes that as a...
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Mike Brandly, Auctioneer
Oct 23, 20133 min read
Auctions where nobody shows up?
In the United States today, there are well over 1 million auctions held every year — maybe even 2 million. And, in the history of...
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Mike Brandly, Auctioneer
Sep 2, 20133 min read
The 15 most misunderstood things about the UCC 2-328
I’ve taught classes involving the UCC 2-328 for nearly 15 years. In that time frame, I’ve talked to (and with) 1,000’s of auctioneers...
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Mike Brandly, Auctioneer
Jul 31, 20133 min read
Bidder “decision fatigue”
I wrote about “sale order” and if it matters here:http://mikebrandlyauctioneer.wordpress.com/2011/01/01/does-order-of-sale-matter/ Our...
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Mike Brandly, Auctioneer
Jun 6, 20133 min read
How to win a bid calling contest
Mike Tyson lost to Buster Douglas in what is considered one of the biggest sports upsets in history. What happened here? The undefeated,...
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Mike Brandly, Auctioneer
Mar 18, 20133 min read
Only certain bidders?
Many say, “With online auction software, we have thousands of bidders from all over the world …” and maybe that does differentiate online...
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Mike Brandly, Auctioneer
Jan 11, 20133 min read
Where do you start the bid, with a reserve?
That article detailed this subject in regard to property selling, ultimately, to the high bidder. Such an auction is denoted as a...
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Mike Brandly, Auctioneer
Jun 5, 20123 min read
Whose buyers are they?
In fact, the seller really doesn’t belong to the auctioneer, but the auctioneer most likely has an exclusive right to represent and act...
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Mike Brandly, Auctioneer
May 27, 20123 min read
Fair and square
J.C. Penney believed that customers were yearning for a more fair, honest, straightforward pricing model. This new model would have no...
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Mike Brandly, Auctioneer
May 15, 20123 min read
Selling at auction: online and live
Again, we look at a research paper titled “Selling online versus live” which was released as a result of work by, Eiichiro Kazumori, PhD...
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Mike Brandly, Auctioneer
May 12, 20123 min read
How many auctions?
When Harry first graduated, he held only 1-2 auctions per year. However, about 1985 his name became more famous in auction circles and he...
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Mike Brandly, Auctioneer
Apr 27, 20123 min read
Live Auctions: Escalation and Competitive Arousal
In July, 2003, with reprints and updates in December, 2004,Gillian Ku, Department of Organisational Behaviour, London Business School,...
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