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Mike Brandly, Auctioneer
Mar 19, 20123 min read
Court auctions — does money trump principle?
Generally, when Bankruptcy courts oversee auctions, and for that matter, when state and county courts oversee auctions, there is often a...
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Mike Brandly, Auctioneer
Jul 6, 20113 min read
Never reopen the bidding?
His rule is, “I never reopen the bidding.” In over 35 years of auctioneering, he’s not reopened a bid — not once. All of Sammy’s clients...
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Mike Brandly, Auctioneer
Jul 5, 20114 min read
When can the bid be reopened?
Simply put, when an auctioneer says, “Sold!” or uses some other customary closing, he or she denotes: The auctioneer cannot take any...
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Mike Brandly, Auctioneer
May 13, 20109 min read
Aberrant Auction Law, Kentucky #10
This is my tenth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...
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Mike Brandly, Auctioneer
Dec 7, 20092 min read
Tie Bids — they don’t exist at an auction
When bid calling, there can be only one high bidder who is in contract with the seller (i.e. one seller, one buyer). If it were possible...
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