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We’re acting in good faith, but not
Auctioneers, sellers, and bidders/buyers have to be more careful. In this regard, there are [maybe] some firearms, equipment, or jewelry...
Mike Brandly, Auctioneer
Oct 2, 20233 min read
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Auctioneer escrow accounts
We would suggest every auctioneer has an escrow account (sometimes called a special account or trust account) for other people’s money —...
Mike Brandly, Auctioneer
May 25, 20223 min read
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Possible liability for nondisclosure
Some states and some courts have adopted the Restatement (Second) of Torts § 551 (1965) and as such § 551. Liability For Nondisclosure. ...
Mike Brandly, Auctioneer
Oct 26, 20203 min read
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How can auctioneers book more business?
Forbes magazine has an excellent article concerning although about keeping employees: https://www.forbes.com/sites/shephyken/2018/02/25/...
Mike Brandly, Auctioneer
Mar 23, 20202 min read
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“Professional” auctioneers shouldn’t be trusted? Really?
Do I think most auctioneers are lairs? Do I think to be a “professional” auctioneer, one must lie? I do not. Further, I believe very...
Mike Brandly, Auctioneer
Apr 9, 20193 min read
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Ohio Auctioneers & Trust Accounts
That previous writing is here: https://mikebrandlyauctioneer.wordpress.com/2012/06/23/auctioneer-trust-accounts/. Today, we look at my...
Mike Brandly, Auctioneer
Aug 18, 20184 min read
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Benefit auctions and auctioneer escrow accounts
https://mikebrandlyauctioneer.wordpress.com/2016/09/05/tax-issues-at-a-benefit-auction/ Our analysis today involves when the auctioneer...
Mike Brandly, Auctioneer
May 22, 20183 min read
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Who can sign?
In more modern times, and certainly in most auctioneer-license states, auctioneers endeavor (or are required) to enter into a written...
Mike Brandly, Auctioneer
Oct 11, 20162 min read
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Most reputable comrade in the auction business
This news release was widely publicized and it’s an easy read — this comradeship benefits both parties and helps all buyers and sellers —...
Mike Brandly, Auctioneer
Apr 27, 20162 min read
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Auction is scheduled and then …
Kurt recently wrote about auctioneers entering into contracts with sellers, where the sellers want to sign the contract for auction, but...
Mike Brandly, Auctioneer
May 13, 20132 min read
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Selling yourself, then their property …
He is to meet with Mary and Richard Gaines about selling Mary’s late mother’s real and personal property at auction. Upon arriving, Jim...
Mike Brandly, Auctioneer
Jan 7, 20123 min read
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Aberrant Auction Law, Ohio #6
This is my sixth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...
Mike Brandly, Auctioneer
Feb 27, 20103 min read
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