#unilateral

Mike Brandly, Auctioneer

Jun 22, 20232 min read

What’s a term? What’s a condition?

Auctioneers have been announcing and/or publishing their “terms and conditions” for their auctions for centuries. We look closer today...

Mike Brandly, Auctioneer

Oct 6, 20213 min read

Highest “bona fide” bidder?

It’s been said (even memorialized in some state law) that at an absolute (without reserve) auction, the seller has the bona fide...

Mike Brandly, Auctioneer

Dec 1, 20154 min read

UCC 2-328 & UCC 1-302

The Uniform Sales Act, drafted by Samuel Williston (1861 – 1963) who served as private secretary for U.S. Supreme Court Justice Horace...

Mike Brandly, Auctioneer

Dec 4, 20132 min read

Ordered sold at auction

What’s the thinking here? Auctioneers endeavor to use wording to attract bidders — to get them to pay attention to their auction instead...

Mike Brandly, Auctioneer

Sep 11, 20122 min read

Seller withdrawal; excessive penalties

She wishes to withdraw some consigned firearms, and place reserves on others, after signing a without reserve auction contract with an...

Mike Brandly, Auctioneer

May 29, 20122 min read

Must the seller be at the auction?

We recently wrote about the advantages and disadvantages of the seller being present for the auction: http://mikebrandlyauctioneer.wordpr...

Mike Brandly, Auctioneer

Mar 30, 20103 min read

Selling for less than the reserve?

Yet, some auctioneers sell items for less than these reserve amounts. How can this happen? How it was explained to me was that if the...

Mike Brandly, Auctioneer

Dec 10, 20092 min read

Is it always “as-is” at an auction?

Actually, most auctions have some sort of guarantee or warranty. With only a few exceptions, auctioneers warranty clear title — in other...