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Auctioneer escrow accounts
We would suggest every auctioneer has an escrow account (sometimes called a special account or trust account) for other people’s money —...
Mike Brandly, Auctioneer
May 25, 20223 min read
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Ohio Auctioneers & Trust Accounts
That previous writing is here: https://mikebrandlyauctioneer.wordpress.com/2012/06/23/auctioneer-trust-accounts/. Today, we look at my...
Mike Brandly, Auctioneer
Aug 18, 20184 min read
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Benefit auctions and auctioneer escrow accounts
https://mikebrandlyauctioneer.wordpress.com/2016/09/05/tax-issues-at-a-benefit-auction/ Our analysis today involves when the auctioneer...
Mike Brandly, Auctioneer
May 22, 20183 min read
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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...
Mike Brandly, Auctioneer
Aug 21, 20132 min read
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What to ask that real estate auctioneer
For those hoping to buy real property at auction, there are some basic questions that should be asked before participating. A real...
Mike Brandly, Auctioneer
Sep 3, 20103 min read
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Aberrant Auction Law, Ohio #6
This is my sixth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...
Mike Brandly, Auctioneer
Feb 27, 20103 min read
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