Mike Brandly, Auctioneer
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and in New York in 1977. ...
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Mike Brandly, Auctioneer
Jun 22, 20172 min read
Coming in waaaaaay below the pre-auction estimate
“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...
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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
Mar 13, 20173 min read
Should the online platform accept starting bids, max bids, fixed bids or what?
She sees one “offered” by an auctioneer in an online-only auction. She puts in her bid of $500. As Susan places her bid, she wonders …...
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Mike Brandly, Auctioneer
Dec 27, 20162 min read
“Auction,” “Price,” “Buy” & “Sale”
We have written before about the suggested shifts away from auctioneers using the word “auction” in their advertising. Most notably: The...
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Mike Brandly, Auctioneer
Dec 5, 20162 min read
What “may” be auctioneers’ terms & conditions’ worst word choice
Yet, I see this word in countless auctioneers’ terms and conditions, and suggest it’s the worst possible word choice. What is this word? ...
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Mike Brandly, Auctioneer
Aug 25, 20163 min read
The power of the word “absolute”
Further, not only our own auctions, but those by many auctioneers around this country have proved time and time again that the word...
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Mike Brandly, Auctioneer
May 31, 20162 min read
Large auction crowds, busy restaurants and relevance
Restaurants have to have customers to survive. It’s pretty much a numbers game — the more customers, the more profit and likewise, the...
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Mike Brandly, Auctioneer
Nov 18, 20152 min read
Seller can’t attend his own auction?
Certainly some sellers desire to watch their property sell at auction, while others do not. For those who want to watch, our question...
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Mike Brandly, Auctioneer
Oct 8, 20152 min read
Auction buyers are an astute group
I suspect this was the general feeling of many auctioneers dating back to the origins of auction marketing. In fact, I’ve seen evidence...
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Mike Brandly, Auctioneer
Aug 10, 20152 min read
What some collectors can’t find? Buyers.
Mary has been a collector for decades. She’s collected at auctions, yard sales, antique stores, while vacationing — essentially her...
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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
Oct 24, 20112 min read
The (not so) aging of the auction audience
In other words, we were seeing 30- and 40-year olds at our auctions in the 1980’s, and now we’re seeing primarily 60- and 70-year olds? I...
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Mike Brandly, Auctioneer
Sep 22, 20112 min read
Auctioneers equally admire
So said the famous Irish writer and poet Oscar Wilde. What did Mr. Wilde mean by this? I suspect he meant that auctioneers, by virtue of...
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Mike Brandly, Auctioneer
Sep 2, 20112 min read
Auctions are an illusion
I recall Larry telling me and many others on several occasions that while people attend auctions for the chance to get a deal, that...
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Mike Brandly, Auctioneer
Aug 18, 20113 min read
Caveat venditor and auctions
In contrast, today we write about “Caveat venditor” which is Latin for, “Let the seller beware.” So, how does caveat venditor relate to...
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Mike Brandly, Auctioneer
May 10, 20113 min read
A “standard” buyer’s premium?
I’m guessing that the word, “standard” is being used in this manner to mean usual, common, or customary. Yet, is the buyer’s premium any...
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