#transparency

Mike Brandly, Auctioneer

Apr 83 min read

Auctions: Fast, Fun & and … what?

We wrote a few years ago that many consider auctions to be “fast, fun & transparent.” We noted the commonly used definitions in this...

Mike Brandly, Auctioneer

Mar 143 min read

Auctions and different markets

When I first entered the auction business (1982) I was only familiar with what my employer (Jack B. Smith, Auctioneer) considered...

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? ...

Mike Brandly, Auctioneer

Nov 9, 20203 min read

“Most sellers” & reserve prices

I read that “most sellers” are not going to stick to a reserve price — in other words, a seller will say he needs at least $775,000 but...

Mike Brandly, Auctioneer

Sep 9, 20113 min read

Traditional auctioneers only attract bottom feeders?

Real property sells at auction quicker and more efficiently than more traditional methods in any market (more supply than demand, or more...