Mike Brandly, Auctioneer
Auctions and different markets
When I first entered the auction business (1982) I was only familiar with what my employer (Jack B. Smith, Auctioneer) considered...
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Mike Brandly, Auctioneer
Dec 11, 20232 min read
Real estate auction malarkey
The “National Real Estate Trade Association” has a link to provide their members and the public with information regarding real estate...
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Mike Brandly, Auctioneer
Nov 14, 20223 min read
Auctioneer evolution?
I’ve seen this graphic many times … we auctioneers started out as apes? Well, maybe not, but more recently we went from so-called live...
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Mike Brandly, Auctioneer
Oct 14, 20202 min read
The winner’s curse
At an auction, who wins? The highest bidder, who outbids everyone else. Let’s ask another question … who loses? Maybe this same bidder...
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Mike Brandly, Auctioneer
Jan 27, 20201 min read
Why sell at auction?
First, an auction allows your property to be sold “to the highest bidder.” An auctioneer can take care of all the preparation,...
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Mike Brandly, Auctioneer
Sep 25, 20192 min read
The State of the United States Auction Market — 2018
National Auctioneers Association engaged Morpace (now Escalent) to survey the auction industry about 10 years ago. As well, in 2010 the...
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Mike Brandly, Auctioneer
Jun 23, 20163 min read
Selling the discount and/or the value?
Some background: We have offered for over 20 years that people go to auctions in search for the “prospect of a deal.” It is this simple;...
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Mike Brandly, Auctioneer
May 19, 20162 min read
Auctions with “market support”
What’s the value of a yearling beef calf selling in the Yoder Livestock auction on Tuesday? One might argue that the aforementioned...
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Mike Brandly, Auctioneer
Mar 8, 20163 min read
Auction Prices
In 2015, this study ranked Jeff Wyler Automotive Family Inc. as the 39th largest car dealership group in the United States. In 2014,...
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Mike Brandly, Auctioneer
Feb 3, 20153 min read
I’m going to sell it at auction; what’s it worth?
Selling an oil painting for $500 is wonderful if the seller is expecting $200 and not good at all if the seller is expecting $2,000. As a...
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Mike Brandly, Auctioneer
Mar 12, 20113 min read
Market gobbledygook
In fact, we coined the term, “prospect of a deal” to explain why people attend auctions. There is also the term, “market value” which is...
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