Mike Brandly, Auctioneer
Start the auction or commence private treaty?
So let’s say an absolute auction (of one property) is scheduled and only one bidder shows up; does the auctioneer open the auction? ...
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Mike Brandly, Auctioneer
May 24, 20202 min read
Some people just don’t know that they don’t know
The Dunning-Kruger Effect is relatedly known as more-or-less one “not knowing that one doesn’t know.” In other words, can intelligence...
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Mike Brandly, Auctioneer
May 23, 20202 min read
What causes [auctioneer] bad behavior?
As we get phone calls and emails from attorneys all over the United States, asking if we can be of assistance in litigation, sometimes,...
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Mike Brandly, Auctioneer
May 22, 20202 min read
Auctioneers and keeping your premises safe
With the auction starting in about 3 hours, cars and trucks are already lining the street, and dozens of people are soon previewing...
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Mike Brandly, Auctioneer
May 21, 20202 min read
Auctioneers disclaiming everything?
https://mikebrandlyauctioneer.wordpress.com/2012/05/23/auctioneer-disclaimers/. We noted in that 2012 article, “If you are selling or...
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Mike Brandly, Auctioneer
May 20, 20202 min read
An auction net listing
While most all net listings are deemed illegal in real property transactions, are net listings legal when the subject property is...
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Mike Brandly, Auctioneer
May 19, 20202 min read
Does auctioneer licensing or membership matter?
Shortly thereafter, I hear about the particular auctioneer or auction company involved, that I’m either being asked to help or possibly...
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Mike Brandly, Auctioneer
May 18, 20202 min read
Just because you can, doesn’t mean you should
Auctioneers can have with reserve auctions or absolute auctions, they can bid for the seller in certain instances or not, they can settle...
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Mike Brandly, Auctioneer
May 17, 20202 min read
Can online auctions make up for lost live auction revenue?
Sotheby’s, Christie’s, Phillips, and others) are selling online. However, just as we’ve held over the years, live auctions produce more...
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Mike Brandly, Auctioneer
May 16, 20202 min read
Online timed auctions and later bids
eBay an auction, there is no question the platform taught a good number of people in the United States and otherwise how auctions work....
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Mike Brandly, Auctioneer
May 15, 20202 min read
What’s an “essential” auction?
First, “essential” is generally considered “absolutely necessary and/or extremely important.” So is any auction extremely important or...
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Mike Brandly, Auctioneer
May 14, 20203 min read
Can auctions misrepresent supply?
Say an auctioneer puts up for auction 100 western saddles dating from the 1950s to the 1970s. For an online auction, bidding takes place...
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Mike Brandly, Auctioneer
May 13, 20202 min read
I’m from the … and I’m here to help auctioneers?
https://mikebrandlyauctioneer.wordpress.com/2020/05/04/what-auctions-have-always-been-boiling-frogs/. Our story was in response to the...
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Mike Brandly, Auctioneer
May 12, 20202 min read
“As-is” and the right to inspect
However, what are the implications? While you’re basically hearing crickets on that, let me tell you … the ultimate buyer has the right...
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Mike Brandly, Auctioneer
May 11, 20202 min read
Could you lose your auctioneer’s license for defiance?
I’ve got news for any of these auctioneers. If you work in a “license” state and you defy a Governor’s (or other’s) order, that license...
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Mike Brandly, Auctioneer
May 10, 20202 min read
I’m not responsible for anything …
There’s a subtle but important difference between — for example — these two statements. “Watch your step” suggested Jack wasn’t watching...
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Mike Brandly, Auctioneer
May 10, 20203 min read
Should your online increment table be systematic?
For example, some auctioneers would accept a $10 increase for any bid from $100 to about $250 and then switch to $25 increments until...
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Mike Brandly, Auctioneer
May 9, 20202 min read
Even when your state reopens … should you have a live auction?
So what’s the risk? Besides the somewhat obvious risk that bidders don’t yet feel comfortable attending a live auction, what if someone...
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Mike Brandly, Auctioneer
May 8, 20202 min read
Contract provisions — the foreseen vs the unforeseen
In other words, such clauses could address unexpected circumstances. These would be things generally not thought of at the time the...
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Mike Brandly, Auctioneer
May 7, 20202 min read
MarkNet Alliance’s study — your or their platform
MarkNet Alliance attempted to answer that question in a recently published report. In that publication, the same lots with the same terms...
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