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Mike Brandly, Auctioneer
Feb 17, 20161 min read
Seller and buyer identity at auction
And lots of discussion lately about buyers wanting / deserving seller information from property purchased at auction. While a state (such...
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Mike Brandly, Auctioneer
Jan 7, 20162 min read
Seller says, “Who bought my …?”
We’ve written about auction buyer identity several times: https://mikebrandlyauctioneer.wordpress.com/2010/05/28/buyer-wants-his-identity...
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Mike Brandly, Auctioneer
Jan 1, 20162 min read
Online auction platform dictates commission structure
And yes, they dictate that the auctioneers who place property on their site cannot charge a buyer’s premium. Their exact phrasing is...
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Mike Brandly, Auctioneer
Nov 18, 20152 min read
Seller can’t attend his own auction?
Certainly some sellers desire to watch their property sell at auction, while others do not. For those who want to watch, our question...
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Mike Brandly, Auctioneer
Aug 1, 20152 min read
Can a minor sell a gun at auction?
We held that the contract for sale (transferring title and possession) is void in these cases and therefore the gun still belongs to...
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Mike Brandly, Auctioneer
Mar 3, 20153 min read
Auctioneer dual agency
My belief is that auctioneers should be able to bid to enhance the seller’s position. If an auctioneer is selling a framed oil on canvas...
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Mike Brandly, Auctioneer
Feb 24, 20152 min read
An auction where we won’t let you pay too much?
And I’ve studied the art and science of auctioneering for almost as many. A few things seem clear to me: we as auctioneers need sellers...
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Mike Brandly, Auctioneer
Jan 6, 20153 min read
Auctioneers talking to buyers and sellers
His father and grandfather were both auctioneers for over 40 years; Shane has been managing the company for the last few. Shane had been...
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Mike Brandly, Auctioneer
Apr 16, 20143 min read
Disregarding the client
Of the issues that auctioneering and real estate education share, one is agency. We wrote extensively on agency here:...
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Mike Brandly, Auctioneer
Feb 20, 20144 min read
How to manage legal seller bidding
Given that there are only two types of auctions, and one being a without reserve auction with no reserves, the other type is with...
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Mike Brandly, Auctioneer
Dec 25, 20133 min read
Is the auctioneer the seller?
I was talking to her the other day and ask how things were going … She said, “Great!” I just put two homes into contract and I’ve sold...
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Mike Brandly, Auctioneer
Dec 1, 20123 min read
Identify parties to auction sale contract
We previously wrote about keeping the seller’s identity (and sales price) confidential at auctions. That article can be read...
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Mike Brandly, Auctioneer
Nov 12, 20123 min read
Auctioneer contracts with sellers, and hold-harmless clauses
These auctions are often for executors of estates, guardianships, people retiring or moving, and the like. While William has been fairly...
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Mike Brandly, Auctioneer
Sep 14, 20122 min read
The UCC 2-328 and the withdraw’s missing noun?
In that time, I have covered each word of the UCC 2-328 (all 254 words) hundreds of times, to groups as large as 170 attendees in one...
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Mike Brandly, Auctioneer
Aug 15, 20123 min read
I don’t need an auctioneer’s license …
Most of those who do — license in a statewide-fashion, while the others license by county, region or product segment. However, in these...
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Mike Brandly, Auctioneer
Nov 6, 20113 min read
Auction bidders deserve to know seller identity?
And as more and more sellers sell their property by auction, some sellers — despite believing in the auction method of marketing — wish...
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Mike Brandly, Auctioneer
Jul 19, 20113 min read
Sold! Subject to seller’s approval?
Bob replied, “Well, I’m unclear. The auctioneer said, “Sold!” but I then heard the seller had 48 hours to accept or reject the offer.”...
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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
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
Jun 27, 20113 min read
Ask your client
We wrote about duties auctioneers owe their clients (sellers) in 2009. As we noted then, auctioneers are special agents for their...
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