#cash

Mike Brandly, Auctioneer

Jun 2, 20223 min read

Settling an auction the day of auction?

One of the first auctions I worked in Columbus, Ohio was a personal property auction conducted by Jack B. Smith, Auctioneer. It was a...

Mike Brandly, Auctioneer

Jan 4, 20213 min read

Can an auctioneer accept only cash?

We recently wrote about the right for an auctioneer/seller to refuse to accept cash for purchases. That analysis here: ...

Mike Brandly, Auctioneer

Dec 29, 20203 min read

Can an auctioneer refuse cash?

Can an auctioneer prescribe the acceptable methods of payments for auction purchases? Can an auctioneer refuse to take cash? Should an...

Mike Brandly, Auctioneer

Feb 27, 20202 min read

Auctioneers & IRS Form 8300 reporting

The law requires that trades and businesses (such as auctioneers) report cash payments of more than $10,000 to the federal government by...

Mike Brandly, Auctioneer

Feb 5, 20202 min read

Auctioneers and payment methods

PayPal … in other words, we have tried to keep up with commerce generally in the United States. We wrote prior about us beginning to...

Mike Brandly, Auctioneer

Jan 7, 20133 min read

Charging the right charge for the charge?

Auctioneers charging those buyers with an additional fee? Likely this is counter to the terms of the merchant agreement the auctioneer...

Mike Brandly, Auctioneer

Mar 18, 20104 min read

The 3 essential auction staff

A question we’re asked in auction school quite often is, “How many staff will I need for my auction?” The answer is, generally, in...