Mike Brandly, Auctioneer
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
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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Mike Brandly, Auctioneer
Jan 8, 20183 min read
Unfair, unreasonable, inequitable … what does it all mean?
Shortly thereafter our first blog, fellow blogger extraordinaire and good friend Aaron Traffas wrote about our undertaking: ...
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Mike Brandly, Auctioneer
Dec 21, 20173 min read
… but my seller cashed the check
Most recently, an inquiry involved a breach of contact of sorts — where the auctioneer did not follow the legal expressed wishes of his...
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Mike Brandly, Auctioneer
Jul 19, 20175 min read
‘Reasonably advantageous’ auction terms
I stay at many hotels throughout the year (although I have never stayed at the Black Bear Hotel in Allentown, Pennsylvania.) In doing so,...
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Mike Brandly, Auctioneer
Jun 8, 20172 min read
Where is auctioneer CE needed? Everywhere …
Brad Bergefurd, OSU Extension Educator & Horticulture Specialist, Charissa McGlothin, OSU Agriculture & Marketing Program Assistant and...
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Mike Brandly, Auctioneer
Apr 10, 20172 min read
Can auctioneers trust any online platform?
And, so far almost every online platform (once with enough data and/or enough money on the table) has decided to do one of two things:...
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Mike Brandly, Auctioneer
Oct 11, 20162 min read
Who can sign?
In more modern times, and certainly in most auctioneer-license states, auctioneers endeavor (or are required) to enter into a written...
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Mike Brandly, Auctioneer
Jun 8, 20153 min read
Auctioneers profiting from illegal seller bidding?
This penalty might be a fixed amount above the sale price, and/or an increased commission. Specifically, let’s say an auctioneer’s...
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Mike Brandly, Auctioneer
Apr 6, 20152 min read
Auction performance fees
Late 2014, Christie’s added a 2% auction performance fee. This fee would be added to the seller’s commission if their “piece” sold in...
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Mike Brandly, Auctioneer
Feb 27, 20152 min read
State auctioneer boards’ liability
They are typically made up of auctioneers with some sort of minimum years experience as such. These boards (or commissions) typically...
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Mike Brandly, Auctioneer
Feb 18, 20153 min read
The sliding scale versus the incremental scale
And sellers are right to ask what commission the auctioneer will charge for that service. Most of the time, a fixed percentage is...
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Mike Brandly, Auctioneer
Feb 10, 20153 min read
Your bidding today will include a 10% buyer’s premium
Such a conversation the other day recounted an auctioneer’s assessment of his community, and the general disdain for this additional...
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Mike Brandly, Auctioneer
Oct 13, 20142 min read
Seller commission or seller premium?
Many auctioneers are now charging a “buyer’s premium” to increase auctioneer profits and sometimes offset seller costs. Up until more...
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Mike Brandly, Auctioneer
Aug 25, 20143 min read
Auctioneer doesn’t pay full price?
We previously wrote more about our operation here: http://mikebrandlyauctioneer.wordpress.com/2014/05/27/auctioneers-and-d-u-s-t/ Another...
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Mike Brandly, Auctioneer
Aug 21, 20132 min read
When, exactly, can the auctioneer take his commission?
The fee is a percentage of the gross proceeds. In this case, 20% will go to the auctioneer and 80% will go to the seller. The auction...
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Mike Brandly, Auctioneer
Aug 13, 20132 min read
Commission on property the auctioneer purchased?
As Gail accumulated more and more items from her auction buying, she contacted an auctioneer about selling some of her collection. Her...
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Mike Brandly, Auctioneer
Aug 5, 20132 min read
A state auctioneers commission
Typical requirements for licensure include auction school, a test, fees, bonding, background check, serving an apprenticeship and/or...
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Mike Brandly, Auctioneer
Jun 24, 20124 min read
Charity auctioneers charging commissions
In the landmark United States Supreme Court case Lochner vs. New York, 198 U.S. 45 (1905), the Court held that the “liberty of contract”...
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Mike Brandly, Auctioneer
Nov 7, 20112 min read
Types of auction commission structures
Prevailing theory is that with a commission structure, the auctioneer and client work together with the same interest … the more the...
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