Mike Brandly, Auctioneer
Auctioneer may establish reasonable bid increments?
We have been discussing “cut bids” (most notably here: https://mikebrandlyauctioneer.wordpress.com/2017/11/21/as-the-auctioneer-do-you-h...
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Mike Brandly, Auctioneer
Dec 1, 20172 min read
Can auctioneers ignore bids?
It’s important for auctioneers to understand that first — they are typically agents for the seller (unless they are the seller,) and not...
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Mike Brandly, Auctioneer
Nov 27, 20172 min read
What exactly does selling at absolute auction mean?
On the contrary, selling without reserve means the seller has the genuine intent to transfer to the highest bidder regardless of price as...
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Mike Brandly, Auctioneer
Nov 16, 20173 min read
At auction, can we force sellers to sell? Buyers to buy?
Our subject today involves when there is a breach of contract (as an auctioneer has announced, “Sold!” — for instance) and then the...
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Mike Brandly, Auctioneer
Nov 9, 20172 min read
The UCC 2-328 Sentence #9 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #9,...
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Mike Brandly, Auctioneer
Nov 6, 20172 min read
The UCC 2-328 Sentence #8 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #8,...
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Mike Brandly, Auctioneer
Nov 2, 20172 min read
The UCC 2-328 Sentence #7 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #7,...
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Mike Brandly, Auctioneer
Oct 30, 20173 min read
The UCC 2-328 Sentence #6 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #6,...
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Mike Brandly, Auctioneer
Oct 19, 20172 min read
The UCC 2-328 Sentence #5 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #5,...
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Mike Brandly, Auctioneer
Oct 16, 20172 min read
The UCC 2-328 Sentence #4 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #4,...
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Mike Brandly, Auctioneer
Oct 12, 20173 min read
The UCC 2-328 Sentence #3 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #3,...
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Mike Brandly, Auctioneer
Oct 9, 20172 min read
The UCC 2-328 Sentence #2 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #2,...
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Mike Brandly, Auctioneer
Oct 6, 20172 min read
The UCC 2-328 Sentence #1 (of 9)
UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #1,...
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Mike Brandly, Auctioneer
Sep 21, 20172 min read
A curious auction claim — and a “slip of the tongue”
As Mr. Sharif knew well, in American Contract Bridge rules, bids by players which are deemed inadvertent (a slip of the mind, slip of the...
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Mike Brandly, Auctioneer
Sep 5, 20173 min read
The top five questions I tend to get
While we’ve received 100’s of questions, there are five we tend to get most often. Here we answer those top five with basic information...
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Mike Brandly, Auctioneer
Aug 28, 20172 min read
Auctioneers “Engaging in the business” of selling firearms
Federal Firearms License. So what does it mean to be engaged in the business of selling firearms at auction? The Bureau of Alcohol,...
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Mike Brandly, Auctioneer
Jul 28, 20174 min read
The integrity of the bidding process
Our topic today specifically regards bankruptcy auctions, but applies equally and reasonably to any type of auction anywhere in the...
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Mike Brandly, Auctioneer
Jul 24, 20173 min read
Does it cost to register?
Sometimes auctioneers charge a fee to register for an auction. For instance, to obtain a bid card, the bidder must provide...
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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
Jul 8, 20173 min read
Bid calling really does matter
Further, we wrote that auctioneers who are highly skilled in bid calling are paid a premium over those who are not, and that additional...
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