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Real estate auction malarkey
The “National Real Estate Trade Association” has a link to provide their members and the public with information regarding real estate...
Mike Brandly, Auctioneer
Dec 11, 20232 min read
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Buyer’s premiums can help sellers
You are an auctioneer and you don’t charge a buyer’s premium. Why not? I continue to hear that charging such is a disservice,...
Mike Brandly, Auctioneer
May 4, 20234 min read
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Buyers paying more (and more) of the costs
Buyer’s premiums continue to rise. In fact, I’ve heard for years that “nobody pays any attention to them” so why not raise them? ...
Mike Brandly, Auctioneer
Feb 25, 20222 min read
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We shouldn’t let bidders retract their bid?
We as auctioneers shouldn’t let bidders retract a bid once made? In other words, the highest bid (and bidder) as all other bids don’t...
Mike Brandly, Auctioneer
Sep 10, 20212 min read
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Bidders — buyers — “ghosting” auctioneers
Do bidders who bid and win at auction … and then cease any further communication with the auctioneer/seller deserve our further attention?...
Mike Brandly, Auctioneer
Aug 26, 20213 min read
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Auctions and the restraint of trade
Could an auctioneer (and/or seller) be guilty or liable for restraint of trade for restricting an auction to only certain — qualified —...
Mike Brandly, Auctioneer
Feb 25, 20212 min read
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Are “anonymous” buyers real buyers?
The so-called “hammer” falls at an auction, and the property (car, firearm, airplane, truck, tractor, artwork …) is sold to … who? ...
Mike Brandly, Auctioneer
Feb 4, 20213 min read
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How qualified should that bidder be?
These two women want to register for your auction. What should they have to provide you as an auctioneer in order to do so? Driver’s...
Mike Brandly, Auctioneer
Jan 18, 20214 min read
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Failure to pass the background check
I viewed an auction where in the terms and conditions regarding a firearm noted: “Failure to pass the background check will result in...
Mike Brandly, Auctioneer
Aug 20, 20202 min read
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Online auction where he can’t bid, they can’t bid and/or maybe nobody can bid …
So, auctioneers are no-doubt being advised to put in their terms that if the online bidding platform is not accessible, the auction can...
Mike Brandly, Auctioneer
Feb 6, 20203 min read
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Auctions which are — or not — fair, balanced, reasonable
UCC 2-328 as adopted by states around the United States. Then too, there is general contract law and a select number of court cases which...
Mike Brandly, Auctioneer
Jan 1, 20203 min read
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Bad auction bidder and we do what?
First of all — auctioneers are advised that in order to do that, you better have your client’s knowledge and consent — memorialized in...
Mike Brandly, Auctioneer
Apr 11, 20192 min read
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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...
Mike Brandly, Auctioneer
Mar 20, 20193 min read
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I’d rather buy from Amazon than at auction; is it any wonder?
Amazon.com (or countless other online retailers.) Let’s see, what’s involved in such a transaction? Click? Yep, pretty much. No...
Mike Brandly, Auctioneer
Oct 22, 20183 min read
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Bidder vs buyer performance breach
Our discussion today regards what can — or should — auctioneers do in such instances. Is there anything they can do? If you’re not...
Mike Brandly, Auctioneer
Mar 26, 20183 min read
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Auctioneer associations — licensing & discipline
It is not unusual for an auctioneer association executive director, officer and/or director to receive a communication from a consumer...
Mike Brandly, Auctioneer
Aug 7, 20172 min read
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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...
Mike Brandly, Auctioneer
May 22, 20172 min read
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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...
Mike Brandly, Auctioneer
May 11, 20172 min read
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Terms and conditions only for seller’s protection?
Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...
Mike Brandly, Auctioneer
Sep 27, 20162 min read
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An auction where 2=1?
In contrast, we work in an environment of “customary practice” more than anything else. What we do — how we operate — our procedures —...
Mike Brandly, Auctioneer
Aug 1, 20163 min read
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