Mike Brandly, Auctioneer
UCC 2-328 & Reasonable Time
Bib has held over 10,000 auctions in his career — mostly livestock, farm equipment and real property. Today, Bib is holding an auction...
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Mike Brandly, Auctioneer
Jun 20, 20113 min read
No customary closing?
The joy of teaching is almost always amplified by questions and commentary from attendees before class, at breaks and after class; nearly...
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Mike Brandly, Auctioneer
May 30, 20113 min read
The delicate balance of a great auction
There are also other forced sale auctions including foreclosures, repossessions and court-ordered actions (lacking the seller’s consent)....
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Mike Brandly, Auctioneer
Apr 21, 20113 min read
The initial bid at an absolute auction
While it is important to note that a few of those states have slightly modified that same state law, all those states basically operate...
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Mike Brandly, Auctioneer
Mar 26, 20115 min read
With reserve auction choices
Auctions are distinctly one of two types in the United States: “With reserve,” or “Without reserve.” If you are considering a “with...
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Mike Brandly, Auctioneer
Dec 28, 20104 min read
Old English Auction Case Law
While the United States has developed many such auction and auctioneer laws, English (United Kingdom) courts in the 1700’s and 1800’s...
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Mike Brandly, Auctioneer
Dec 25, 20102 min read
Auctioneer says sold for wrong amount?
To generalize the question at issue, let’s say an auctioneer is selling real property at auction, and the bidding goes as such: ...
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Mike Brandly, Auctioneer
Nov 19, 20102 min read
When the auctioneer says, “Sold!”
What does it mean when the auctioneer says, “Sold!?” In the United States, contract law is fairly clear that upon the declaration of...
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Mike Brandly, Auctioneer
May 13, 20109 min read
Aberrant Auction Law, Kentucky #10
This is my tenth “aberrant auction law” find, and numbered as such. When I find more, I’ll attempt to number sequentially, although I...
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Mike Brandly, Auctioneer
Mar 19, 20103 min read
Can the auction seller waive rights granted under state law?
State law in 49 of the 50 states in the United States dictates that items may be withdrawn prior to the start of the auction, no matter...
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Mike Brandly, Auctioneer
Jan 30, 20103 min read
The Death of Reserve Auctions
What is changing in the auction business? Most suggest the Internet, and our ability as auctioneers to advertise to a worldwide market,...
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Mike Brandly, Auctioneer
Nov 27, 20093 min read
Auction seller won’t agree to the sale
This does happen also, but not nearly as often as a buyer not performing. What we have in this case is a seller who, after the...
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Mike Brandly, Auctioneer
Nov 20, 20092 min read
Does bid calling form contracts?
When an auctioneer says, “I have $10, and I’d like $15,” he is stating that he currently has his seller in contract with a particular...
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