Mike Brandly, Auctioneer
15 things … a bid calling law primer
However, it seems some auctioneers don’t know much of what legally is going on when they bid call. Here, we present the legal mechanics...
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Mike Brandly, Auctioneer
Mar 25, 20163 min read
Sold! To the live & online bidder?
While studies have held that auctions should be live or online, and not both, this method persists in some markets. The argument made is...
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Mike Brandly, Auctioneer
Mar 15, 20162 min read
I drove … miles and the auction is canceled?
“That’s false advertising! That’s bait and switch! That’s misrepresentation!” Ellen had got up early, got dressed, stopped for coffee,...
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Mike Brandly, Auctioneer
Feb 2, 20162 min read
Nobody bids just once …
This was no doubt in regard to a live auction where an auctioneer can assume nobody bids just once. In other words, if he bids $5,000,...
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Mike Brandly, Auctioneer
Oct 5, 20153 min read
Auctions and the intention to sell
Property owners typically contract with an auctioneer and then that auctioneer offers that property for sale … Or do they? Actually,...
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Mike Brandly, Auctioneer
Aug 24, 20153 min read
Two bidders, two different lots
Over 15 antique John Deere tractors plus other John Deere equipment and tools sat outside ready for tomorrow’s auction. Vern went to bed...
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Mike Brandly, Auctioneer
May 27, 20153 min read
How long is a bid a bid?
For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...
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Mike Brandly, Auctioneer
Mar 10, 20143 min read
Auction, negotiate, auction, negotiate …
You might have guessed one is auction and the other is private negotiation. And today, we’re looking at the combination of these two...
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Mike Brandly, Auctioneer
Aug 28, 20132 min read
Can an auctioneer reject an offer?
They market real and personal property and then coordinate the realization of the highest bid generally through a competitive manner....
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Mike Brandly, Auctioneer
Dec 2, 20125 min read
When does a bid become a bid?
With a large estate auction near Rachel’s home scheduled for next Saturday, Rachel calls Chris to see if he can return home. He can. The...
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Mike Brandly, Auctioneer
Dec 4, 20113 min read
History Channel – the Real Deal?
The added exposure for the auction method of marketing is beneficial to all of those involved in the auction business. I don’t doubt...
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Mike Brandly, Auctioneer
Jul 8, 20113 min read
Ringman & Bids
Typically someone will mention that, “My ringman had a bid,” or “My ringman was on,” in regard to where the bid was and who was in or...
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Mike Brandly, Auctioneer
May 5, 20113 min read
How long does an auctioneer have to accept a bid?
Simply put, bidders offer an amount to the auctioneer and the auctioneer then accepts the offer if it exceeds the prior bid amount. Bids...
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Mike Brandly, Auctioneer
Aug 20, 20103 min read
So where do you start the bid?
Auctioneers generally don’t start the bid. What happens at a typical auction is the auctioneer suggests a price to the audience (legally,...
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Mike Brandly, Auctioneer
May 6, 20102 min read
Asking for bids before the auction is starting the auction?
The auctioneer goes out to the auction location on Monday, May 17 to take some pictures and finish up the inventory. The neighbor comes...
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Mike Brandly, Auctioneer
May 2, 20102 min read
Can it sell prior to auction?
Sure. First, when an auction is scheduled — any auction — the seller (owner) has the right to withdraw any item from the auction before...
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Mike Brandly, Auctioneer
Jan 4, 20103 min read
The Backup Bidder?
That complete blog is here: http://mikebrandlyauctioneer.wordpress.com/2010/01/03/high-bidder-gets-choice/ Many times across the United...
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