Mike Brandly, Auctioneer
John Stephen Proffitt III and your right to reopen the bid
Steve Proffitt in auction circles) — attorney at law and auctioneer — proposed openly and consistently that auctioneers do not have the...
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Mike Brandly, Auctioneer
Dec 20, 20192 min read
“The chant is not important”
J. Stephen Proffitt III, Esq. (commonly known as Steve Proffitt) said it. I found such in a state auctioneer magazine published in 2011....
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Mike Brandly, Auctioneer
Nov 21, 20192 min read
Cheaper and easier to work without an auctioneer license?
Some occupational licenses are difficult to obtain. In a few states, a simple manicurist license takes 6 years to secure. Our question...
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Mike Brandly, Auctioneer
Nov 4, 20193 min read
Auctioneer damages and commission
As such, it certainly got our attention when it was suggested that in the case of buyer breach of contract, the buyer’s premium would be...
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Mike Brandly, Auctioneer
Jun 25, 20192 min read
Setting the bid in …
https://mikebrandlyauctioneer.wordpress.com/2017/04/13/should-the-auctioneer-set-the-bid-in/. For instance, “I have $500 and want $550...
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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
Apr 15, 20193 min read
Death of a salesman?
Arthur Miller. It concerns an over-the-hill salesman facing a personal turning point when he loses his job and attempts to make peace...
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Mike Brandly, Auctioneer
Apr 11, 20192 min read
Bad auction bidder and we do what?
First of all — auctioneers are advised that in order to do that, you better have your client’s knowledge and consent — memorialized in...
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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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Mike Brandly, Auctioneer
Mar 20, 20193 min read
An auction that is both with AND without reserve?
First, let me clarify that this term “auction” here is just one lot, rather than the term “auction event” consisting of all the lots as...
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Mike Brandly, Auctioneer
Feb 22, 20192 min read
Is your absolute auction being advertised/conducted as such?
First of all — why would any auctioneer not want the public to know an auction is indeed absolute? The words “absolute” or “without...
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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 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
Jan 4, 20192 min read
Auction disclaimers with irreconcilable conflicts
https://mikebrandlyauctioneer.wordpress.com/2012/05/23/auctioneer-disclaimers/ Kurt R. Bachman, Attorney and Auctioneer with Beers...
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Mike Brandly, Auctioneer
Dec 31, 20184 min read
Why are we looking for “tie bids?”
A tie implies sameness — a draw or deadlock. In other words, at auction for there to be a tie bid, both bidders would have to bid the...
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Mike Brandly, Auctioneer
Nov 26, 20182 min read
Bid calling and the mailbox rule
Mark Younger and his staff helping our client sell over 3,300 lots. Several times during these recent auctions, it must have appeared to...
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Mike Brandly, Auctioneer
Nov 10, 20183 min read
Auctions and contract symmetry
We have argued for years that auction contracts (listing contracts, consignment contracts, terms and conditions, bid calling contracts)...
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Mike Brandly, Auctioneer
Nov 8, 20182 min read
Auctioneers and the first right of refusal
Most often, as auctioneers conduct periodic events (every month, every year) they might extend a first right of refusal to an entity...
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Mike Brandly, Auctioneer
Oct 12, 20182 min read
Auctioneers deal with urgency …
Hondros College. In those classes, students often ask what the customary commission is for selling real property; additionally, they...
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Mike Brandly, Auctioneer
Oct 8, 20182 min read
Going, going, gone … at auction
Sotheby’s recently sold a framed image of a girl reaching out for a red, heart-shaped balloon for $1.4 million. Then moments later a...
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