Mike Brandly, Auctioneer
Worth? Estimate? Value? Guide?
Do all these words mean the same thing? I believe this item is worth $140,000? I estimate this at $140,000? The value of this item is...
top of page
Search
Mike Brandly, Auctioneer
Sep 14, 20222 min read
Could “worth” be an expressed warranty?
We have been in the auction and appraisal business for decades. We’ve written about the appraisal industry many times and have...
1 view0 comments
Mike Brandly, Auctioneer
Feb 23, 20222 min read
Appraisals, auctions, and seller bidding
Appraisers often [rightly] use auction values as evidence of value. Yet, we wonder today if an auction with reserve (or a forced sale)...
0 views0 comments
Mike Brandly, Auctioneer
Apr 12, 20213 min read
The auction exceeded expectations?
These days we see it all the time: “Our auction exceeded all expectations,” or “The auction was twice what we were expecting.” It’s a...
2 views0 comments
Mike Brandly, Auctioneer
Feb 25, 20203 min read
It is not worth what it won’t sell for
Terry Mangum said something similar and he’s exactly right: It is not worth what it won’t sell for. In other words, a piano listed...
0 views0 comments
Mike Brandly, Auctioneer
Aug 13, 20182 min read
Auctioneers, the IRS and appraisals
For reference, here is our previous article on IRS appraisals from 2013: https://mikebrandlyauctioneer.wordpress.com/2013/05/01/auctione...
0 views0 comments
Mike Brandly, Auctioneer
Oct 25, 20163 min read
Cost, Price & Value
In discussing appraisal techniques in classes all across the United States, three (3) particular terms are sometimes the focus. Those...
0 views0 comments
Mike Brandly, Auctioneer
Jun 6, 20162 min read
Auctioneers & Real Estate Appraisal
A recurring question in those classes is, “What license is required to perform real estate appraisals in Ohio?” Much to the surprise of...
0 views0 comments
Mike Brandly, Auctioneer
Sep 7, 20152 min read
Does an auction price equal market value?
This longstanding question is “Does an auction price equal market value?” Relatedly, Bill’s question was if a court had ruled on this...
1 view0 comments
Mike Brandly, Auctioneer
Apr 6, 20152 min read
Auction performance fees
Late 2014, Christie’s added a 2% auction performance fee. This fee would be added to the seller’s commission if their “piece” sold in...
1 view0 comments
Mike Brandly, Auctioneer
Sep 3, 20142 min read
Auction Kings: “It’s worth.”
Certainly the purpose of any advertisement is to get attention. So from that perspective — great auction advertisement. However, one...
0 views0 comments
Mike Brandly, Auctioneer
Jul 25, 20123 min read
Auctioneers and appraising
One such discussion was published in 2011: Auctioneers as appraisers. Today, we discuss more, “how not to appraise” property — how not...
0 views0 comments
Mike Brandly, Auctioneer
Jul 3, 20113 min read
Auctioneers as appraisers
We would agree. If a quality appraisal is wanted and/or needed, a quality appraiser is required. This is why so many auctioneers also...
0 views0 comments
Mike Brandly, Auctioneer
Sep 2, 20102 min read
Are pre-auction estimates purposely low?
Large, well-known auction houses (and some smaller, lesser-known auction houses) publish catalogs listing items in upcoming auctions, and...
0 views0 comments
bottom of page