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Mike Brandly, Auctioneer
Jan 3, 20243 min read
Disclaiming value and results
Should auctioneers guarantee their sellers any certain results from the auction of their property? Should sellers be persuaded to sell at...
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Mike Brandly, Auctioneer
Dec 29, 20232 min read
It’s (and it’s not) reliable information
An auctioneer says that his expressions are deemed reliable but not guaranteed. In other words, he “deems” them reliable (judges,...
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Mike Brandly, Auctioneer
Apr 20, 20213 min read
Perfect, flawless … or is it?
We’ve written about this issue numerous times. Something is held to be a certain type, condition … only to be disclaimed by the famous...
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Mike Brandly, Auctioneer
Aug 11, 20202 min read
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
Aug 3, 20202 min read
Happy buyers = happy sellers?
Could happy buyers mean happy sellers? Not “happy” that they got a good deal necessarily, but happy with the process (and the property)...
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Mike Brandly, Auctioneer
Aug 31, 20173 min read
“As-is” and I can or can’t inspect?
Bill’s father Gene had served in the Unites States Air Force from 1947 until his retirement in 1991 and had flown these 19B’s (UH-19’s)...
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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
Aug 18, 20162 min read
Yes, you can sell absolute with a lien present
Of those many questions, this one has been asked several times, and it’s usually phrased more-so as a statement. It usually goes like...
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Mike Brandly, Auctioneer
Nov 10, 20153 min read
An auctioneer’s as-is primer
I’ve told countless auctioneers that the most confusing 254 words in the English language is the UCC 2-328. I think the most confusing...
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Mike Brandly, Auctioneer
Mar 3, 20152 min read
I’m bidding online, but where is the property?
In other words, bidders are placing bids on property (chattels) without the actual knowledge of where that property is? Certainly,...
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Mike Brandly, Auctioneer
Mar 9, 20114 min read
Guarantee & Split Auctions
This arrangement is known as a “guarantee and split” auction. In this type of agreement, the auctioneer guarantees an amount to be paid...
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Mike Brandly, Auctioneer
Dec 19, 20103 min read
Item at auction is, but maybe not?
So, that 1889-CC Morgan Silver Dollar is MS-60, but maybe not? This could just as well be a parcel of land, a piece of commercial...
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Mike Brandly, Auctioneer
May 30, 20103 min read
Seller wants his identity and sales prices kept confidential at auction
It is now 3 years after Mr. Georges Wyatt purchased his long-desired painting. He now wishes to sell the painting at auction, and wants...
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Mike Brandly, Auctioneer
Dec 10, 20092 min read
Is it always “as-is” at an auction?
Actually, most auctions have some sort of guarantee or warranty. With only a few exceptions, auctioneers warranty clear title — in other...
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