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The benefit auction exemption?
Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...
Mike Brandly, Auctioneer
Dec 15, 20132 min read
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How often is it really selling absolute?
I see absolute auctions advertised all the time, all over the United States. However, how often is that really the case? Let’s look at...
Mike Brandly, Auctioneer
Jun 10, 20133 min read
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Sellable position
Now, before we discuss this particular subject of, “sellable position,” we’ll talk about what a ringman normally does. Ringmen work the...
Mike Brandly, Auctioneer
Jul 18, 20113 min read
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Price fixing at auction
The story goes, in part, that Pritchard and Juno conspired to “appraise” a Confederate Civil War sword on the Antiques Roadshow...
Mike Brandly, Auctioneer
Jul 4, 20114 min read
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Bid suppression at auction
John arrives and surveys the items up for bid, checking his smart phone for item details and comparative pricing. Just then, he sees his...
Mike Brandly, Auctioneer
Jul 3, 20114 min read
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Buyer’s premium in Wisconsin
Today, there is no state in the United States where the buyer’s premium is not found. Yet, auctioneers in Wisconsin are not permitted to...
Mike Brandly, Auctioneer
Jun 20, 20113 min read
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Is maximizing the absentee bid proper?
Here’s a typical example of what we’re addressing here: Terrell’s Auction House has an auction coming up Monday night and has a 1955...
Mike Brandly, Auctioneer
Jan 8, 20114 min read
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What is a Penny Auction?
Saturday arrives, and Sarah goes out to her car in order to drive to her weekend destination. She pulls up to a parking place just...
Mike Brandly, Auctioneer
Dec 21, 20104 min read
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What is shill bidding?
So what is shill bidding? Let’s look first at the word, “shill.” Shill means basically to falsely advocate a position in attempts to...
Mike Brandly, Auctioneer
Nov 25, 20103 min read
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Unethical Bid Calling #7, The Drop Off
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Aug 24, 20103 min read
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Auction: Absolute Over $90,000 Opening Bid?
Quite simply, auctioneers use the word “Absolute” to attract maximum buyer interest. Yet, it is nothing less than misrepresentation when...
Mike Brandly, Auctioneer
May 15, 20102 min read
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What is collusion at an auction?
We ask here, “What is collusion at an auction?” Collusion at an auction can involve bidders (buyers), sellers, and/or auctioneers. ...
Mike Brandly, Auctioneer
May 14, 20103 min read
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Unethical bid calling #6, The Red Herring
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 9, 20103 min read
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Unethical bid calling #5, The chicken or the egg?
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 8, 20102 min read
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Unethical bid calling #4, Run, Run, Run
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 7, 20103 min read
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Unethical bid calling #3, He loves me; he loves me not …
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 4, 20102 min read
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Unethical bid calling #2, The Have/Want Shuffle
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 2, 20102 min read
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Unethical bid calling #1, The Shadow Bidder
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...
Mike Brandly, Auctioneer
Feb 1, 20102 min read
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