Mike Brandly, Auctioneer
Auctioneers, auctions and title
There is substantial case law all across the United States which suggests as an agent for the seller, the auctioneer is bound to verify...
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Mike Brandly, Auctioneer
Jun 29, 20172 min read
Real estate agents … auctioneers … and real estate auctioneers.
“They say that [Zillow,] a company they empowered and trusted, is taking advantage of them.” Yep — auctioneers heard how many times...
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Mike Brandly, Auctioneer
Jun 26, 20172 min read
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and in New York in 1977. ...
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Mike Brandly, Auctioneer
Jun 20, 20173 min read
Does the “buyer’s premium” show to the seller?
Following the auction, of course, the auctioneer would have to settle the auction with his seller. In doing so, that settlement...
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Mike Brandly, Auctioneer
Jun 5, 20173 min read
Simulcast auctions and the timing of bids
I answered with the obvious observation, that the software would show which bids were placed by a person and which bids were placed...
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Mike Brandly, Auctioneer
Jun 1, 20173 min read
Auction terms versus auction descriptions …
So the auctioneer/auction company is able to succinctly express the precise terms and conditions of the auction — you must pay within 36...
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Mike Brandly, Auctioneer
May 22, 20172 min read
Bidders, last good faith bids and recourse
That analysis is here: https://mikebrandlyauctioneer.wordpress.com/2011/06/30/if-the-seller-bids/ As we have stated in countless...
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Mike Brandly, Auctioneer
May 18, 20172 min read
Auctioneer setting the bid in at the stated minimum?
We recently wrote twice about auctioneers setting the bid in: https://mikebrandlyauctioneer.wordpress.com/2016/12/22/should-the-auctionee...
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Mike Brandly, Auctioneer
May 11, 20172 min read
Auctions where buyer won’t pay; seller won’t convey
A bidder becomes the buyer and he refuses to pay for his purchase. A seller refuses to convey the property after a bidder becomes the...
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Mike Brandly, Auctioneer
Apr 25, 20172 min read
Sued because of auction sale price
Here’s one such article from 2012 where the sellers actually sued the buyers for “buying too cheaply:” https://mikebrandlyauctioneer.wor...
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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
Apr 1, 20172 min read
But the bidders chose to bid again …
We would suggest not, and cite that the Supreme Court of the United States stated such in 1850. In what is the first substantive court...
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Mike Brandly, Auctioneer
Mar 29, 20172 min read
Can auction bidders pay too much or over value?
Quite frankly, we’re a bit surprised with these two questions — that they actually deserve detailed answers. Can bidders pay too much? ...
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Mike Brandly, Auctioneer
Mar 27, 20171 min read
Car auction lights
What do those lights mean at a car auction? There is certainly no nationwide standard, but there is a pattern. Generally, most all buyers...
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Mike Brandly, Auctioneer
Mar 23, 20173 min read
When can auctioneers reopen the bid?
Of the few court cases involving this issue, what has resulted is a somewhat mixed message about reopening for so-called tie-bids,...
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Mike Brandly, Auctioneer
Mar 21, 20173 min read
Unconscionable auction terms
Frequently and particularly at his monthly coin auctions, bidders seem to bid at the last second, resulting in some bids being missed,...
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Mike Brandly, Auctioneer
Mar 20, 20172 min read
Auctioneers recording themselves
For that matter, people at auctions record video and take pictures frequently. They take pictures of the themselves, auctioneers, staff,...
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Mike Brandly, Auctioneer
Mar 9, 20173 min read
When does title transfer at an auction?
Absent any contract provisions to the contrary, for personal property the UCC § 2-401 will be applicable here. For real property, title...
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Mike Brandly, Auctioneer
Mar 7, 20174 min read
Is accepting sealed bids an auction?
In fact, our topic today is more something Manson talks about within his numerous responsibilities of this three-day seminar. Our...
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Mike Brandly, Auctioneer
Mar 1, 20173 min read
Auctions that are manifestly unreasonable
Auctions have been taking place for over 2,000 years. Auctioneering is often referred to as the second-oldest profession. One could think...
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