Mike Brandly, Auctioneer
Selling at auction: online versus live
Some have also asked: Is there any evidence of the answer — has there been any research completed on this matter? The answers to these...
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Mike Brandly, Auctioneer
Sep 24, 20113 min read
High bidder doesn’t win?
As we’re waiting for our entrees to arrive to our table, I asked him a question: “Have you ever had two bids of the same amount come in...
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Mike Brandly, Auctioneer
Sep 17, 20114 min read
Auctioneers being left behind?
While some believe this, I find the quote interesting to study a bit more in depth. An online auction allows bidders to bid via their...
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Mike Brandly, Auctioneer
Sep 15, 20113 min read
The online auction company plan?
In a sweeping investigation by the Federal Bureau of Investigation (FBI), Youragentbid’s offices were raided this morning. While the...
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Mike Brandly, Auctioneer
Sep 9, 20113 min read
Traditional auctioneers only attract bottom feeders?
Real property sells at auction quicker and more efficiently than more traditional methods in any market (more supply than demand, or more...
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Mike Brandly, Auctioneer
Aug 7, 20113 min read
Online auctions lack a crucial element
Justin went on to describe what was lacking … “That a computer can’t put its hand on your back and tell you to bid on more time.” He also...
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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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Mike Brandly, Auctioneer
Jan 19, 20114 min read
Better Mind Your Bidders
The article further noted four major points about online-only auctions, noted below:• A “soft” close provides last-second bidders with no...
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Mike Brandly, Auctioneer
Dec 21, 20104 min read
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...
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Mike Brandly, Auctioneer
Nov 25, 20103 min read
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...
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Mike Brandly, Auctioneer
Sep 26, 20103 min read
What is the difference between an auctioneer and a bid caller?
For our discussion, we are referring to bid calling as the usually rapid oral exchange with bidders, accepting bids, and asking for...
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Mike Brandly, Auctioneer
Sep 26, 20103 min read
Calling bids does not make one an auctioneer?
Let’s say Trisha graduates from high school, and decides to start her own company. She is proficient with computers and programming, and...
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Mike Brandly, Auctioneer
Sep 6, 20103 min read
Do online-only auctions realize more money for the seller?
First, it is probably important to note that the recent Michigan State University Auction Industry 2010 study showed that only 6% of all...
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Mike Brandly, Auctioneer
Sep 3, 20103 min read
What to ask that real estate auctioneer
For those hoping to buy real property at auction, there are some basic questions that should be asked before participating. A real...
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Mike Brandly, Auctioneer
Jun 2, 20103 min read
On-site versus off-site auctions
At an auction house, rented facility or the like On-site, at the farm, house or property Why would a client prefer an on-site auction...
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Mike Brandly, Auctioneer
May 22, 20106 min read
Bid increments at auctions
For example, if a 2009 Case IH Magnum 335 is selling at auction, and the auctioneer has $175,000 is asking for $177,500, then the bid...
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Mike Brandly, Auctioneer
Mar 13, 20102 min read
Do auctioneers sell only material goods, or experiences?
Many studies over the years have concluded that people are generally more happy with experiential purchases than material purchases. One...
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Mike Brandly, Auctioneer
Mar 7, 20103 min read
The word auc·tion·eer
The word auc·tion·eer is obviously the word, “auction” with the affix “eer.” The “eer” in the English language means someone associated...
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Mike Brandly, Auctioneer
Feb 28, 20103 min read
How to address online auction ethics
I have titled this post in reference to a post I recently read by Will McLemore titled similarly about unethical auctioneer bid calling...
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Mike Brandly, Auctioneer
Jan 12, 20104 min read
Live auctions disappear?
Scott Musser, current National Auctioneer Association President, said recently:“I think in five years that 50 percent of auctions will be...
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