Mike Brandly, Auctioneer
Bidding with a contingency … a higher bid?
We touched on another unfortunate bid calling technique (https://mikebrandlyauctioneer.wordpress.com/2018/01/29/i-have-it-but-i-dont-and-...
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Mike Brandly, Auctioneer
Nov 27, 20172 min read
What exactly does selling at absolute auction mean?
On the contrary, selling without reserve means the seller has the genuine intent to transfer to the highest bidder regardless of price as...
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Mike Brandly, Auctioneer
Jun 26, 20172 min read
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and in New York in 1977. ...
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Mike Brandly, Auctioneer
Feb 22, 20172 min read
Is it ever legal to retract your bid?
Here’s the article, titled “Absolute versus reserve auctions: Is it ever legal to retract a bid?” The subtitle of Wayne’s article...
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Mike Brandly, Auctioneer
Nov 23, 20162 min read
Some implications of the UCC 2-328
Otherwise, this same brief 254 words is referenced in courts around the United States every day; the implications of the UCC 2-328 are...
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Mike Brandly, Auctioneer
Sep 19, 20162 min read
Absolute but soliciting pre-bids?
Lots of auctioneers recently have been discussing (and sharing) an article exploring why “Wealthy people” choose to sell their...
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Mike Brandly, Auctioneer
Mar 15, 20162 min read
I drove … miles and the auction is canceled?
“That’s false advertising! That’s bait and switch! That’s misrepresentation!” Ellen had got up early, got dressed, stopped for coffee,...
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Mike Brandly, Auctioneer
Jun 3, 20154 min read
Changing the “type” of auction
The seller has informed his auctioneer that he is willing to sell his prized framed painting for $150,000, at his upcoming auction, and...
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Mike Brandly, Auctioneer
Nov 10, 20142 min read
Auctioneer’s absolute right of withdrawal
Our previous article noted that Bib could offer property absolute, and if no bid was made within a reasonable time, Bib could withdraw...
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Mike Brandly, Auctioneer
Oct 4, 20132 min read
It’s “swart” to have a meeting
Such a meeting as this is basically conducted to ensure everyone is, “all on the same page.” This type of meeting is certainly more...
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Mike Brandly, Auctioneer
Aug 16, 20133 min read
How long of a delay is considered a withdrawal?
And with only four paragraphs, there are many subtleties which are less obvious. For example, our topic today. Our scenario is a...
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Mike Brandly, Auctioneer
Aug 14, 20132 min read
Can you have an absolute online-only auction? Should you?
An absolute auction: An auction where once a lot (property) is put up for bid, and a bid is received within a reasonable time, the lot...
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Mike Brandly, Auctioneer
Apr 2, 20132 min read
The withdrawal at absolute auction
Yet, it’s maybe the most misunderstood (or at least the most misinterpreted) four paragraphs of law involving auctioneers. Today we focus...
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Mike Brandly, Auctioneer
Mar 20, 20133 min read
Your bid is irrevocable?
His interest in auctions began as a child, when he would go to auctions with his mother, Carol, in the Roanoke, Virginia area. They...
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Mike Brandly, Auctioneer
Sep 14, 20122 min read
The UCC 2-328 and the withdraw’s missing noun?
In that time, I have covered each word of the UCC 2-328 (all 254 words) hundreds of times, to groups as large as 170 attendees in one...
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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...
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Mike Brandly, Auctioneer
Sep 9, 20123 min read
Auctioneer says you can withdraw with penalty?
Claire decided after consigning some firearms, she wished to withdraw some of them, and place reserves on some otherwise selling without...
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Mike Brandly, Auctioneer
Sep 3, 20123 min read
Seller withdrawal or auctioneer withdrawal?
The auctioneer she chose was a Federal Firearms Licensee (FFL) with an auction facility near Louisville, Kentucky. With the auction day...
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Mike Brandly, Auctioneer
May 21, 20122 min read
Selling choice (or a right) in an absolute auction?
In essence, we asked if an auctioneer offered the high bidder choice of a group of items in an absolute auction, where that bidder could...
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Mike Brandly, Auctioneer
Jan 1, 20122 min read
Online ownership prior to auction?
For example, say the auction date is November 15. November 1 the auction house places a list of the items to be offered at auction on...
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