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As it was, is, or as it will be?
When buyers buy anything at auction — particularly “AS IS and WHERE IS” — we would propose the buyer accepts the property in its current...
Mike Brandly, Auctioneer
Oct 16, 20232 min read
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Disclosing stigmatizations?
Many who sell real property at auction are required to disclose all known (should have known) material (latent) facts about property...
Mike Brandly, Auctioneer
Aug 7, 20212 min read
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Auctions and disclosing the sale price
Kathy is an auctioneer at an onsite real property auction and a good crowd is in attendance. She opens the auction with terms and...
Mike Brandly, Auctioneer
Mar 31, 20213 min read
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Disclosing what you should know
This is an “Iron Clad” 4 Quart Watering Can. Best I can tell it’s in good shape and likely is able to water plants, flowers, grass,...
Mike Brandly, Auctioneer
Jul 2, 20202 min read
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Auctioneers not producing records
For instance, my home state of Ohio requires I maintain Ohio auction records for a minimum of two (2) years. In Ohio (and some other...
Mike Brandly, Auctioneer
Jan 20, 20202 min read
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Identify parties to auction sale contract
We previously wrote about keeping the seller’s identity (and sales price) confidential at auctions. That article can be read...
Mike Brandly, Auctioneer
Dec 1, 20123 min read
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Should auctioneers announce the buyer’s (or bidder’s) name? Part II
Our original story is here: Should auctioneers announce the buyer’s (or bidder’s) name? Nancy purchased a rare pair of Japanese Carl...
Mike Brandly, Auctioneer
Dec 25, 20112 min read
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Should auctioneers announce the buyer’s (or bidder’s) name?
Ed conducts an “Every Friday” consignment auction in Carlin, Nevada. This particular Friday, he opens his auction with the first item up...
Mike Brandly, Auctioneer
Nov 16, 20113 min read
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Auction bidders deserve to know seller identity?
And as more and more sellers sell their property by auction, some sellers — despite believing in the auction method of marketing — wish...
Mike Brandly, Auctioneer
Nov 6, 20113 min read
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The effect of the “as-is” clause
Here we explore the effect of the “as-is” clause. First, some terminology for our discussion today: Patent: Open, obvious, viewable...
Mike Brandly, Auctioneer
Aug 12, 20113 min read
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Should the reserve be disclosed?
Marvin wishes to consign his 2009 Jaguar XF Coupe to the local auto auction. Marvin paid about $59,000 for this car about a year ago,...
Mike Brandly, Auctioneer
Dec 20, 20104 min read
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Buyer wants his identity and sales price kept confidential at auction
Friday finally arrives, and the subject painting comes up for auction. Mr. Wyatt opens the bid at $100,000 and bidding moves swiftly...
Mike Brandly, Auctioneer
May 28, 20104 min read
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