Mike Brandly, Auctioneer
Auctioneers and confidence
The particular definition of confidence in which I’m referring is more so “self-confidence:” … a feeling of self-assurance arising from...
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Mike Brandly, Auctioneer
Feb 13, 20193 min read
What’s faster? Live auction or online auction?
Live auctioneers can sell 2-3-4 lots of personal property a minute. Let’s say the average lot takes 25 seconds — so they sell in 25...
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Mike Brandly, Auctioneer
Jan 18, 20193 min read
The threat to live (all) auctions
If there is a real threat to consider here, it’s the threat to all auctions, not only one type. As we’ve written before … in 2003 the...
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Mike Brandly, Auctioneer
Jan 14, 20192 min read
Auctioneer says this guy is a deadbeat?
For the most part, this is really good information in that other auctioneers can take note, and take precautions to avoid the same these...
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Mike Brandly, Auctioneer
Dec 10, 20182 min read
Are we making it harder or easier to buy at auction?
However, auctioneers seem late to the party. While many auctioneers offer online bidding to make it easier to play, otherwise buying at...
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Mike Brandly, Auctioneer
Nov 19, 20182 min read
Crazy auction terms and conditions?
Auction/auctioneer has the right to terminate any contract between auction/auctioneer and consignor/seller for any reason, up to and...
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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
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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Mike Brandly, Auctioneer
Jul 2, 20183 min read
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 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 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 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
Apr 19, 20183 min read
Extraordinary liquidated damages in auction contract
Apparently, this auctioneer had (and maybe still has) severe financial penalties in his contract with his seller payable to him — in the...
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Mike Brandly, Auctioneer
Apr 16, 20182 min read
Auction marketing words matter
However, it seems once we as auctioneers removed the word, “Auction” or words, “Public Auction” from prominent spots in our advertising,...
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Mike Brandly, Auctioneer
Apr 2, 20183 min read
Different buyer’s premiums for different bidders?
We have discussed this issue numerous times including most recently here: https://mikebrandlyauctioneer.wordpress.com/2018/02/08/is-that...
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Mike Brandly, Auctioneer
Mar 14, 20184 min read
The future of the MLS for auctions
Maybe another question might be: What is the future of the real estate industry? How about the auction industry? I would offer these are...
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Mike Brandly, Auctioneer
Feb 26, 20183 min read
Don’t bid live — bid online?
Such is the case (again) with http://www.youragentbid.com (Youragentbid) as they continue to contend that they are partnering with large...
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Mike Brandly, Auctioneer
Feb 8, 20183 min read
Is that next bid a higher bid?
However, what if my $270 bidder was paying with a credit card costing the seller 3.5% and the $265 bidder is paying cash? $270 minus 3.5%...
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Mike Brandly, Auctioneer
Feb 3, 20182 min read
Won? Sold? Reopen? Exceptions?
After a bidder has won the bid with his (or her) high bid, he has become the new owner of the item, even though he may not have paid for...
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