Mike Brandly, Auctioneer
Is the reserve price a material fact?
However, some information which buyers might feel is material is also by default confidential. Such is the reserve price which twice in...
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Mike Brandly, Auctioneer
Feb 26, 20183 min read
Don’t bid live — bid online?
Such is the case (again) with http://www.youragentbid.com (Youragentbid) as they continue to contend that they are partnering with large...
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Mike Brandly, Auctioneer
Feb 8, 20183 min read
Is that next bid a higher bid?
However, what if my $270 bidder was paying with a credit card costing the seller 3.5% and the $265 bidder is paying cash? $270 minus 3.5%...
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Mike Brandly, Auctioneer
Jan 25, 20182 min read
Will millennials kill live auctions?
You can read the entire article here: https://www.washingtonpost.com/business/economy/will-millennials-kill-costco/2018/01/19/d0de5dec-f...
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Mike Brandly, Auctioneer
Jan 8, 20183 min read
Unfair, unreasonable, inequitable … what does it all mean?
Shortly thereafter our first blog, fellow blogger extraordinaire and good friend Aaron Traffas wrote about our undertaking: ...
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Mike Brandly, Auctioneer
Jan 4, 20182 min read
Facebook groups for posting auctions?
https://mikebrandlyauctioneer.wordpress.com/2011/02/08/internet-auction-calendars/. It’s now 2018 and about seven years later from this...
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Mike Brandly, Auctioneer
Jan 2, 20182 min read
Who is the seller? We have that information …
A New York case in 2012 that shocked the auction industry was fortunately overturned recently. The subject involved the necessity to...
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Mike Brandly, Auctioneer
Dec 21, 20173 min read
… but my seller cashed the check
Most recently, an inquiry involved a breach of contact of sorts — where the auctioneer did not follow the legal expressed wishes of his...
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Mike Brandly, Auctioneer
Dec 7, 20172 min read
Absolute and the high bidder isn’t the buyer?
If you don’t, your seller is open to a lawsuit by the high bidder seeking specific performance. In other words, the high bidder (even if...
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Mike Brandly, Auctioneer
Dec 1, 20172 min read
Can auctioneers ignore bids?
It’s important for auctioneers to understand that first — they are typically agents for the seller (unless they are the seller,) and not...
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Mike Brandly, Auctioneer
Nov 27, 20172 min read
What exactly does selling at absolute auction mean?
On the contrary, selling without reserve means the seller has the genuine intent to transfer to the highest bidder regardless of price as...
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Mike Brandly, Auctioneer
Oct 2, 20172 min read
Has the reserve confirmation system decreased the seller pool?
Justin Ochs asked this above question six years ago, and we endeavored to answer his question here: https://mikebrandlyauctioneer.wordpr...
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Mike Brandly, Auctioneer
Sep 18, 20172 min read
Can an auctioneer/seller deny someone from attending their auction?
Our question today regards an auctioneer/seller denying another auctioneer — or anyone else — from attending their auction. And the...
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Mike Brandly, Auctioneer
Aug 24, 20172 min read
Auction: Control and possession of firearms
We continue to analyze prudent behavior for auctioneers when selling firearms at auction. In this treatise, we address specifically an...
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Mike Brandly, Auctioneer
Aug 7, 20172 min read
Auctioneer associations — licensing & discipline
It is not unusual for an auctioneer association executive director, officer and/or director to receive a communication from a consumer...
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Mike Brandly, Auctioneer
Jul 24, 20173 min read
Does it cost to register?
Sometimes auctioneers charge a fee to register for an auction. For instance, to obtain a bid card, the bidder must provide...
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Mike Brandly, Auctioneer
Jul 19, 20175 min read
‘Reasonably advantageous’ auction terms
I stay at many hotels throughout the year (although I have never stayed at the Black Bear Hotel in Allentown, Pennsylvania.) In doing so,...
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Mike Brandly, Auctioneer
Jul 6, 20172 min read
Auctioneers, auctions and title
There is substantial case law all across the United States which suggests as an agent for the seller, the auctioneer is bound to verify...
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Mike Brandly, Auctioneer
Jun 29, 20172 min read
Real estate agents … auctioneers … and real estate auctioneers.
“They say that [Zillow,] a company they empowered and trusted, is taking advantage of them.” Yep — auctioneers heard how many times...
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Mike Brandly, Auctioneer
Jun 22, 20172 min read
Coming in waaaaaay below the pre-auction estimate
“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...
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