Reopen with a tie bid is fair to both?
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Countless auctioneers and those in the auction business believe they have the discretion per state law to reopen a so-called “tie-bid” —...
Mike Brandly, Auctioneer
- Aug 2, 2021
- 3 min
Can an online auction platform be too easy to use?
There may not be an auctioneer who has not said, “Why can’t the online platform be easier to use?” or similar words expressing...
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Mike Brandly, Auctioneer
- May 5, 2021
- 3 min
Should auctioneers be ethical?
We have held for decades that auctioneers should be ethical — without possibly expressing that exact wish on this platform. We have,...
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Mike Brandly, Auctioneer
- May 3, 2021
- 3 min
Commissions, fees, and uncertainty
Auctioneers take on a number of diverse projects — maybe contract bid calling one day, cleaning and readying farm equipment the next day,...
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Mike Brandly, Auctioneer
- Apr 22, 2021
- 3 min
Good faith, diligence, reasonableness, and care
Or, if you prefer, I suppose, “Bad faith, negligence, unreasonableness, and carelessness?” As a frequent auction expert witness (over 40...
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Mike Brandly, Auctioneer
- Jan 27, 2021
- 3 min
Auctioneers opposed to “equity”
Suddenly I’m seeing again that “equity” is a bad thing — especially if you say it into a microphone more than once. No, not “equity”...
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Mike Brandly, Auctioneer
- Aug 11, 2020
- 2 min
What are “Auction prices?”
Of course, we know that “Auction prices” are the prices obtained at public auctions. Our question is more so … What is the message when...
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Mike Brandly, Auctioneer
- Jun 21, 2020
- 2 min
Auctioneers and what’s reasonable
A host of laws and rules auctioneers are encouraged to follow use the word, “reasonable.” So, what does reasonable mean? I have joked...
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Mike Brandly, Auctioneer
- Feb 10, 2020
- 2 min
Auction cancellation fee that is fair
As such, in the National Auctioneers Association award-winning magazine (Auctioneer, December 2019/January 2020) Matthew Parker...
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Mike Brandly, Auctioneer
- Jan 1, 2020
- 3 min
Auctions which are — or not — fair, balanced, reasonable
UCC 2-328 as adopted by states around the United States. Then too, there is general contract law and a select number of court cases which...
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Mike Brandly, Auctioneer
- Feb 8, 2018
- 3 min
Is that next bid a higher bid?
However, what if my $270 bidder was paying with a credit card costing the seller 3.5% and the $265 bidder is paying cash? $270 minus 3.5%...
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Mike Brandly, Auctioneer
- Jul 19, 2017
- 5 min
‘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
- Mar 27, 2017
- 1 min
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 15, 2017
- 3 min
Every auction lawsuit: Perception vs. Reality
We’ve consulted in dozens of auction-related cases (litigation) since 2010. Additionally, it’s not unusual for my phone to ring...
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Mike Brandly, Auctioneer
- Mar 13, 2017
- 3 min
Should the online platform accept starting bids, max bids, fixed bids or what?
She sees one “offered” by an auctioneer in an online-only auction. She puts in her bid of $500. As Susan places her bid, she wonders …...
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Mike Brandly, Auctioneer
- Dec 12, 2016
- 4 min
Auctioneer Discretion and Control in Registering Bidders
In so doing, I always stress the importance of knowing the law as well as customary practice regarding the auction industry. One topic...
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Mike Brandly, Auctioneer
- May 1, 2015
- 3 min
As-is and fairness
Many cars selling at auction sell, “as-is” and “where-is” and essentially include terms that the bidders are to not rely on any...
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Mike Brandly, Auctioneer
- Jul 7, 2011
- 3 min
Never reopen the bidding?
His rule is, “I never reopen the bidding.” In over 35 years of auctioneering, he’s not reopened a bid — not once. All of Sammy’s clients...
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Mike Brandly, Auctioneer
- May 22, 2010
- 6 min
Bid increments at auctions
For example, if a 2009 Case IH Magnum 335 is selling at auction, and the auctioneer has $175,000 is asking for $177,500, then the bid...
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Mike Brandly, Auctioneer
- Feb 28, 2010
- 3 min
How to address online auction ethics
I have titled this post in reference to a post I recently read by Will McLemore titled similarly about unethical auctioneer bid calling...
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