Mike Brandly, Auctioneer
Customary but not customary?
As auctioneers, we’re all trying to maximize the seller’s position. In that spirit, some argue that if a higher bid (or even another bid...
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Mike Brandly, Auctioneer
Aug 31, 20232 min read
You are “binding” your bidder
Auctions involve bidders making offers, and auctioneers generally accept those offers if they are higher in amount than the prior bid. ...
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Mike Brandly, Auctioneer
Aug 12, 20232 min read
The scales of justice and auctioneers
I’ve checked this graphic over and over — the “scales of justice” — and it appears the right plate or bowl suspended from a fulcrum is no...
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Mike Brandly, Auctioneer
Jul 10, 20232 min read
Integrity and respect for reasonable expectations?
I’ve seen some interesting things in the auction business … and this might come close to topping them all, so far. This involves the...
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Mike Brandly, Auctioneer
Jul 12, 20223 min read
No liability for accuracy, errors, or omissions?
Let’s see … an auctioneer is selling some real property at auction. He advertises that this subject property is about 5 acres (+/-) with...
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Mike Brandly, Auctioneer
May 19, 20213 min read
Selling at (or about) a certain time
Many auctions have specific times set for certain property — the house/real property sells at 12:00 noon. The car sells at 1:00 pm. The...
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Mike Brandly, Auctioneer
May 17, 20213 min read
You don’t have an “order of sale?”
Your auction is set to start in about an hour (if you actually decide to start in about an hour?) and I’m an interested bidder. I’ve...
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Mike Brandly, Auctioneer
Feb 15, 20213 min read
Treating bidders with honesty, integrity, and fair dealings?
Nope. We just can’t do it. Auction bidders aren’t owed any honesty, nor integrity, and certainly not fair dealings. On the contrary,...
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Mike Brandly, Auctioneer
May 23, 20202 min read
What causes [auctioneer] bad behavior?
As we get phone calls and emails from attorneys all over the United States, asking if we can be of assistance in litigation, sometimes,...
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Mike Brandly, Auctioneer
Nov 10, 20183 min read
Auctions and contract symmetry
We have argued for years that auction contracts (listing contracts, consignment contracts, terms and conditions, bid calling contracts)...
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Mike Brandly, Auctioneer
Jul 28, 20174 min read
The integrity of the bidding process
Our topic today specifically regards bankruptcy auctions, but applies equally and reasonably to any type of auction anywhere in the...
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Mike Brandly, Auctioneer
Sep 25, 20132 min read
Honesty in the auction business
However, just as there are bad doctors, bad accountants and bad baseball players … there are some bad auctioneers. Extremely bad if they...
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Mike Brandly, Auctioneer
Feb 15, 20104 min read
The Opening Bid …
National Public Radio (NPR) recently conducted a radio show from an auction where bank owned homes were being offered to the public at...
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Mike Brandly, Auctioneer
Nov 19, 20092 min read
What do auctioneers owe their customers?
It is not the same as “client” as the client has hired us to perform duties on their behalf. Customers, on the other hand, are typically...
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