Mike Brandly, Auctioneer
Sell together or separate?
I was called to help a younger auctioneer with his farm equipment auction. Other than some hints on staffing, marketing, and related, he...
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Mike Brandly, Auctioneer
Sep 18, 20192 min read
Sellers and buyers just after (or during) the auction?
There are possibly two different types of situations here: Sellers and buyers consummating deals during/after the auction with property...
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Mike Brandly, Auctioneer
Jun 19, 20192 min read
Farmers stand together so 80 acre farm goes for one bid?
https://mikebrandlyauctioneer.wordpress.com/2018/08/29/one-bid-and-200-other-bidders-stand-in-silence/. In that treatise, we suggested...
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Mike Brandly, Auctioneer
Apr 5, 20192 min read
Where is auction collusion more prevalent?
Bidders sometimes arrange to not bid against each other thus depressing prices. Some bidders engage other bidders to “make sure” their...
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Mike Brandly, Auctioneer
Aug 29, 20182 min read
One bid and 200 other bidders stand in silence?
The entire story is here: https://www.holidaysincornwall.com/farmers-stand-in-silence-at-auction-so-a-young-man-can-buy-back-his-family-...
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Mike Brandly, Auctioneer
Aug 1, 20123 min read
Secret second auctions
In brief, it is an illegal agreement involving bid rigging and price suppression, in violation of law inclusive of the Sherman Antitrust...
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Mike Brandly, Auctioneer
Apr 16, 20124 min read
Auctioneers posting commission rates
Presumably, such a display of commission rates enables potential clients to see what that auctioneer charges, and make judgements about...
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Mike Brandly, Auctioneer
Mar 29, 20123 min read
Discussing commissions with competitors
Technically, colluding on price amongst competitors, also known as horizontal price fixing, is viewed as a per se violation of the...
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Mike Brandly, Auctioneer
Aug 6, 20113 min read
We’ll both buy?
Vince arrives to a restaurant auction on Saturday and finds several palettes of new coffee filters. He estimates that there are about...
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Mike Brandly, Auctioneer
Jul 4, 20114 min read
Price fixing at auction
The story goes, in part, that Pritchard and Juno conspired to “appraise” a Confederate Civil War sword on the Antiques Roadshow...
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Mike Brandly, Auctioneer
Apr 25, 20112 min read
Proverbs 20:14 at auctions?
Bidders at auctions behave in all kinds of ways. From very serious buyers to others who just come to watch. Our subject today regards one...
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Mike Brandly, Auctioneer
Mar 4, 20113 min read
Can friends commit bid rigging?
We wrote about auction bid rigging, also known as auction collusion, some time ago. First, is there a difference between “rig rigging”...
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Mike Brandly, Auctioneer
Jun 24, 20104 min read
An auction versus a tag sale or estate sale
A tag sale involves, basically, a person hired by the fiduciary who will “price” each item with a tag, indicating that the item is...
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Mike Brandly, Auctioneer
May 14, 20103 min read
What is collusion at an auction?
We ask here, “What is collusion at an auction?” Collusion at an auction can involve bidders (buyers), sellers, and/or auctioneers. ...
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Mike Brandly, Auctioneer
Jan 3, 20104 min read
High bidder gets choice …
Almost always, this will be the bidders choice, i.e. their decision which one or more they take for the high bid price each, although it...
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