Mike Brandly, Auctioneer
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 19, 20232 min read
Precious space and time
Ever since the Internet became the place to advertise auctions, auctioneers have used it to advertise such including advertising...
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Mike Brandly, Auctioneer
Oct 18, 20232 min read
Auctioneers warranty all the time …
In the auction business, warranties are expressions (words) describing property up for auction. It might be the brand name, size,...
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Mike Brandly, Auctioneer
May 4, 20234 min read
Buyer’s premiums can help sellers
You are an auctioneer and you don’t charge a buyer’s premium. Why not? I continue to hear that charging such is a disservice,...
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Mike Brandly, Auctioneer
Apr 10, 20232 min read
We don’t sell those so we … throw them away?
Auctioneers are typically agents for sellers. As such, the seller puts their property in the hands of the auctioneer and trusts the...
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![Who is the [auction] seller?](https://static.wixstatic.com/media/69aad9_35cfdefad7ae4ef3943acc2eb30ba034~mv2.jpg/v1/fill/w_1090,h_819,fp_0.50_0.50,q_90,enc_auto/69aad9_35cfdefad7ae4ef3943acc2eb30ba034~mv2.jpg)
Mike Brandly, Auctioneer
Dec 7, 20223 min read
Who is the [auction] seller?
I was testifying in an auction case, and told the presiding judge that “Anyone can bid at an absolute auction except the seller unless...
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Mike Brandly, Auctioneer
Feb 25, 20222 min read
Buyers paying more (and more) of the costs
Buyer’s premiums continue to rise. In fact, I’ve heard for years that “nobody pays any attention to them” so why not raise them? ...
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Mike Brandly, Auctioneer
Jan 25, 20223 min read
Buyer buys, leaves, and now auction company owns it?
It seems I hear about this all the time? An auction takes place (online and/or live) and a buyer buys an item, pays for it, and then...
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Mike Brandly, Auctioneer
Jan 10, 20223 min read
Don’t be the next auction test case
My friend Mike Hanley, Auctioneer wrote an inciteful analysis regarding the Alex Lyon & Son, Sales Managers and Auctioneers, Inc. v....
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Mike Brandly, Auctioneer
Oct 13, 20213 min read
You don’t conduct absolute auctions?
Auctions are of two distinct types: “With (some sort of) reserve, or without (any such) reserve, also known as “absolute.” Sellers who...
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Mike Brandly, Auctioneer
Aug 26, 20213 min read
Bidders — buyers — “ghosting” auctioneers
Do bidders who bid and win at auction … and then cease any further communication with the auctioneer/seller deserve our further attention?...
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Mike Brandly, Auctioneer
Jul 5, 20213 min read
Can auctioneers disclaim what they tell you their sellers said …?
We previously wrote that auctioneers cannot disclaim express (expressed) warranties. That treatise involving the UCC § 2-316 is here: ...
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Mike Brandly, Auctioneer
Apr 4, 20213 min read
Auctions and disclosing the auction total
We recently wrote about the disclosure of a “sale price” such as one real property or other personal property item. Today, we explore...
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Mike Brandly, Auctioneer
Feb 4, 20213 min read
Are “anonymous” buyers real buyers?
The so-called “hammer” falls at an auction, and the property (car, firearm, airplane, truck, tractor, artwork …) is sold to … who? ...
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Mike Brandly, Auctioneer
Jan 18, 20214 min read
How qualified should that bidder be?
These two women want to register for your auction. What should they have to provide you as an auctioneer in order to do so? Driver’s...
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Mike Brandly, Auctioneer
Dec 16, 20203 min read
What is “sufficient marketing” for an auction?
Auctions should be advertised (or marketed) sufficiently. As well, auctions should not be advertised insufficiently. So, what’s...
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Mike Brandly, Auctioneer
Dec 1, 20202 min read
Opening an auction house
When I was attending auction school, we would go out at night to various local auction houses to practice our bid calling and stage...
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Mike Brandly, Auctioneer
Nov 30, 20202 min read
Auctioneers not advertising certain places …
Auctioneers are charged with maximizing their client’s (seller’s) position — raise the most money, clean the warehouse completely out,...
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Mike Brandly, Auctioneer
Oct 16, 20202 min read
Providing as much information as possible?
Do auctions work better when sellers provide as much information as possible about what they are selling? Two American economists who...
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Mike Brandly, Auctioneer
Aug 20, 20202 min read
Failure to pass the background check
I viewed an auction where in the terms and conditions regarding a firearm noted: “Failure to pass the background check will result in...
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