#sellers

Mike Brandly, Auctioneer

Jan 33 min read

Disclaiming value and results

Should auctioneers guarantee their sellers any certain results from the auction of their property? Should sellers be persuaded to sell at...

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Mike Brandly, Auctioneer

Nov 6, 20233 min read

Customary but not customary?

As auctioneers, we’re all trying to maximize the seller’s position. In that spirit, some argue that if a higher bid (or even another bid...

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Mike Brandly, Auctioneer

Sep 26, 20232 min read

The “list” of what you don’t sell …

I see many auctioneers openly publishing lists of what they “don’t sell” or don’t even accept. I find this interesting in that, for...

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Auctions … and how much is the shipping?

Mike Brandly, Auctioneer

Aug 29, 20232 min read

Auctions … and how much is the shipping?

All auctioneers who accept bids online for chattels should provide for shipping. In fact, all auctioneers should offer shipping options...

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Mike Brandly, Auctioneer

Aug 12, 20232 min read

The scales of justice and auctioneers

I’ve checked this graphic over and over — the “scales of justice” — and it appears the right plate or bowl suspended from a fulcrum is no...

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Mike Brandly, Auctioneer

Nov 29, 20213 min read

Where’s the [auction] link?

Auctioneers regularly share their auctions on social media platforms. This benefits their clients by exposing the auction to more people....

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Mike Brandly, Auctioneer

Nov 11, 20213 min read

Auction disclosures in 1-pt type?

I recently testified in yet another auction case. The issue was basically a “title issue” which wasn’t adequately disclosed (in my...

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Seller bids to raise prices, not to retain title

Mike Brandly, Auctioneer

Oct 14, 20213 min read

Seller bids to raise prices, not to retain title

The UCC § 2-328 has a prescribed solution to solve a seller bidding without disclosure. Basically, the high bidder (the buyer) may void...

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Mike Brandly, Auctioneer

Aug 20, 20213 min read

Create your own marketplace?

I’m hearing it every day — pretty much all day — from auctioneers all over the country, and certainly from online platforms which do not...

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National Auctioneers Association makes data ownership statement

Mike Brandly, Auctioneer

Jul 23, 20213 min read

National Auctioneers Association makes data ownership statement

The National Auctioneers Association (NAA) recently surveyed their membership and found that 70.4% of members use a third-party vendor to...

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Open combination, multiple owners, at auction

Mike Brandly, Auctioneer

Mar 21, 20213 min read

Open combination, multiple owners, at auction

Many auctioneers and sellers choose to sell large lots of land in an “open combination” (also known as “multipar,” “multi-parcel” or...

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Mike Brandly, Auctioneer

Mar 19, 20213 min read

One lot, multiple owners, at auction

We had been in the auction business only a few months when we received a telephone call from Larry who said he owned an antique store and...

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Treating bidders with honesty, integrity, and fair dealings?

Mike Brandly, Auctioneer

Feb 15, 20213 min read

Treating bidders with honesty, integrity, and fair dealings?

Nope. We just can’t do it. Auction bidders aren’t owed any honesty, nor integrity, and certainly not fair dealings. On the contrary,...

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Mike Brandly, Auctioneer

Dec 15, 20203 min read

Our reserve “rules” we make up

I think I’ve seen almost every rule an auctioneer has for having (and/or not disclosing) the reserve price — including “sellers might or...

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Mike Brandly, Auctioneer

Nov 2, 20202 min read

Practicing our auctioneer craft …

There’s nothing quite like bid calling in front of a nice crowd. Nothing quite matches watching people respond to my personality moving...

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Mike Brandly, Auctioneer

Aug 3, 20202 min read

Happy buyers = happy sellers?

Could happy buyers mean happy sellers? Not “happy” that they got a good deal necessarily, but happy with the process (and the property)...

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Mike Brandly, Auctioneer

Jul 10, 20202 min read

Forests, trees, and policies

We have concluded that the more we can do for the bidders/buyers — to an extent — the more bidders/buyers we’ll have. As a result, our...

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Mike Brandly, Auctioneer

Feb 18, 20202 min read

Is being an auctioneer like gambling?

For instance, an auctioneer named Emily meets with Frank and Wanda Horton to discuss their upcoming move to a retirement center. Most of...

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Any pre-auction offers must be … or do they?

Mike Brandly, Auctioneer

Oct 18, 20192 min read

Any pre-auction offers must be … or do they?

One afternoon we were discussing offers prior with our staff and our marketing coordinator remarked, “Don’t those offers need to be on...

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Are we making buying at auction easier or more difficult?

Mike Brandly, Auctioneer

Apr 18, 20192 min read

Are we making buying at auction easier or more difficult?

I’ve been a long-standing advocate for auctioneers to join the 21st century — simpler, more equitable terms and conditions. Yet,...

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