Mike Brandly, Auctioneer
Auctioneers, Alpha and Beta and more …
Of course, the issue is — who is the most interested bidder? Who is the second most interested bidder? Since prior to the auction, these...
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Mike Brandly, Auctioneer
Feb 15, 20192 min read
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
Feb 7, 20192 min read
Our auction had more views …
We know far more about this online auction than this antiquated live auction, right? Maybe. Did you know that the 286 of the 450...
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Mike Brandly, Auctioneer
Jan 28, 20192 min read
Can my auctioneer just “walk away?”
Auctioneers are agents for their sellers. As such, they can renunciate (quit, give up) their appointed duties. As attorney Lee D....
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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
Jan 9, 20192 min read
Auctioneers and the standard of care
Today, we explore what standard of care any auctioneer has regardless of how they hold themselves out to the public. We answer a...
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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
Sep 25, 20182 min read
Asking/requiring a bidder to leave the auction
This question is almost the same question we answered in 2017 when we wrote about denying a bidder from participating in an auction event....
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Mike Brandly, Auctioneer
Sep 17, 20182 min read
Auctioneers and standard form contracts
N.A.S.H (National Auction Supply House), Keifer Auction Supply and Missouri Auction School. Additionally, and our topic today, some...
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Mike Brandly, Auctioneer
Sep 10, 20183 min read
UCC 2-328 allows reopen if other bidder is upset?
Quite frankly, bid calling isn’t terribly complicated in that auctioneers basically take (accept) bids from individual bidders until...
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Mike Brandly, Auctioneer
Jul 6, 20182 min read
Is free speech always free?
We wrote about contracts always being in writing here: https://mikebrandlyauctioneer.wordpress.com/2016/04/19/auctioneers-always-written...
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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
May 22, 20183 min read
Benefit auctions and auctioneer escrow accounts
https://mikebrandlyauctioneer.wordpress.com/2016/09/05/tax-issues-at-a-benefit-auction/ Our analysis today involves when the auctioneer...
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Mike Brandly, Auctioneer
Apr 23, 20182 min read
Maybe selling absolute with binding opening bid?
In a without reserve auction, after the auctioneer calls for bids on a property, that property cannot be withdrawn unless no bid is made...
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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
Mar 7, 20182 min read
Is the reserve price a material fact?
However, some information which buyers might feel is material is also by default confidential. Such is the reserve price which twice in...
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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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