Mike Brandly, Auctioneer
Auction advertising that’s “just enough” information
Auctioneers for 100’s of years have placed “… and many more items too numerous to mention” at the bottom of each advertisement —...
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Mike Brandly, Auctioneer
Feb 14, 20202 min read
At auction, is it need or want?
After you have all your needs, it’s okay to have considered some wants, isn’t it? As an auctioneer for nearly 40 years, I can tell you...
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Mike Brandly, Auctioneer
Feb 7, 20202 min read
Auctioneers advertising their auction at your auction
Take this above auction advertisement of groceries, drapery, ironmongery, and furniture. Can Mr. John Fisher advertise his March 6, 1869...
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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...
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Mike Brandly, Auctioneer
Feb 4, 20203 min read
Auction seller wants to sell to anyone but a certain person
The seller/owner tells the auctioneer she wants to sell all her property to the highest bidder — but that she wants to sell her sewing...
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Mike Brandly, Auctioneer
Feb 3, 20202 min read
Auctioneers checking Facebook for facts?
Facebook for any facts. Clint Eastwood said … the Second Amendment guarantees … the UCC 1-308- 1 1 308-103 and the Rome Statute dictates...
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Mike Brandly, Auctioneer
Jan 24, 20202 min read
Are auctioneers who charge more better?
Generally, market prices (including auctioneer commissions) are determined by the marketplace. Prices in virtually any market depend...
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Mike Brandly, Auctioneer
Jan 15, 20203 min read
Could an auctioneer make a market?
It seems reasonable that if 531 such signs have been sold by one auctioneer for prices ranging from $2,500 to $4,000, then I can expect...
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Mike Brandly, Auctioneer
Jan 14, 20203 min read
1965 Chevrolet Impala sells at auction … again
Yvette Vanderbrink sold this car on September 28, 2013 at the Lambrecht Chevrolet auction in Pierce, Nebraska for $76,150. Mecum sold...
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Mike Brandly, Auctioneer
Jan 13, 20202 min read
Customary practice, industry standards and commercial reasonableness …
What is customary practice? What is the industry standard? What is considered commercially reasonable? Today we discuss these three...
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Mike Brandly, Auctioneer
Jan 10, 20202 min read
Give yourself a raise?
Our question today is … can you just give yourself a raise? In other words, you’ve been charging 10% on real property deals, so this...
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Mike Brandly, Auctioneer
Jan 7, 20205 min read
United States v. Weisbrod, 202 F.2d 629 (7th Cir. 1953)
United States v. Weisbrod, 202 F.2d 629 (7th Cir. 1953) where this circuit court ruled auctioneers/sellers could use reasonable [terms...
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Mike Brandly, Auctioneer
Jan 3, 20203 min read
“Sold!” shouldn’t be a lie
Who else in commerce lies to customers and gets away with it? If Walmart is advertising a sale, and then you get there and they aren’t —...
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Mike Brandly, Auctioneer
Jan 2, 20203 min read
The costs and benefits of reopening or not reopening the bid
First, here’s a consideration — as we published and commented regarding in 2017: https://mikebrandlyauctioneer.wordpress.com/2017/07/28/...
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Mike Brandly, Auctioneer
Dec 4, 20193 min read
Auctioneers and misinformation …
What that doesn’t mean is that all of that data is factual; nor does it mean that with more users the data generally becomes more...
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Mike Brandly, Auctioneer
Jul 19, 20192 min read
The opening bid incentive
For instance, say a [thought-to-be] $10,000,000 property is up for auction. The auctioneer says that he will pay a 13% opening bid...
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Mike Brandly, Auctioneer
May 31, 20192 min read
Are online auctions going away? Probably …
Every seller of insurance, groceries, legal services, clothing, rental cars, airlines, hotels, vehicles … is trying to find how (or...
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Mike Brandly, Auctioneer
May 16, 20192 min read
$7.5 Million in storage unit auction?
The story is here: https://www.thisisinsider.com/five-hundred-dollar-storage-unit-had-7-million-inside-storage-wars-2018-11 which has...
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Mike Brandly, Auctioneer
May 3, 20192 min read
Number of bidders, competition, intensity, willingness … to bid?
https://mikebrandlyauctioneer.wordpress.com/2019/04/01/auctioneers-alpha-and-beta-and-more/. Our thinking comes from conducting thousands...
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Mike Brandly, Auctioneer
Apr 3, 20194 min read
Online auctions making the seller more, or the auctioneer more?
Most live auctions (with no online component) advertise the significant items with maybe one picture of each, and some description ending...
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