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You can charge a buyer’s premium …
Auctioneers who charge a buyer’s premium are being told they shouldn’t be charging a buyer’s premium. Maybe auctioneers who solely...
Mike Brandly, Auctioneer
Apr 28, 20233 min read
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Credit cards and surcharges
We were one of the first auctioneers (1993) to accept credit cards at all our auctions including even on-site auctions with no landline...
Mike Brandly, Auctioneer
Apr 4, 20222 min read
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There’s no buyer’s premium?
Buyer’s premiums are charges added to the buyer’s “hammer price” to constitute the total purchase price — plus any other costs. In other...
Mike Brandly, Auctioneer
Mar 24, 20212 min read
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Buyer’s premiums and the backup bidder
The bidding reached $130,000 (I wasn’t bidding) and the auctioneer was asking $135,000. The other bidder who had bid $125,000 didn’t...
Mike Brandly, Auctioneer
Mar 13, 20202 min read
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Credit card (surcharge) mess for auctioneers
At that time, we used a Verifone 330 credit card swiper, a DC power supply, a Motorola bag phone and a long antenna. We were the first...
Mike Brandly, Auctioneer
Apr 20, 20143 min read
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The buyer’s premium doesn’t matter …
We wrote about the buyer’s premium some time ago. We also wrote about the net effect of the buyer’s premium discussing how buyers...
Mike Brandly, Auctioneer
Sep 12, 20133 min read
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Buyer’s premium in Wisconsin
Today, there is no state in the United States where the buyer’s premium is not found. Yet, auctioneers in Wisconsin are not permitted to...
Mike Brandly, Auctioneer
Jun 20, 20113 min read
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Buyer’s Premium
In fact, it’s not more difficult to find ads that say, essentially, “come to our auction since we don’t charge a buyer’s premium” as it...
Mike Brandly, Auctioneer
Dec 16, 20095 min read
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