Mike Brandly, Auctioneer
Buyer’s premiums and the backup bidder
The bidding reached $130,000 (I wasn’t bidding) and the auctioneer was asking $135,000. The other bidder who had bid $125,000 didn’t...
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Mike Brandly, Auctioneer
Mar 12, 20202 min read
Ritchie Bros. & buying with (more) confidence
Ritchie Bros. held their first auction in 1958 in Kelowna, BC, Canada. Ken, Dave and John conducted their first of many to follow...
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Mike Brandly, Auctioneer
Mar 11, 20202 min read
AuctionZip.com and this “other site”
AuctionZip.com and this “other site” are both auction calendar websites, where auctioneers can post upcoming auctions. Recently,...
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Mike Brandly, Auctioneer
Mar 10, 20202 min read
Ending times & soft auction closings
Live auctions are a great example of a “soft closing.” Bids are taken and only when nobody else bids for a reasonable time, the item...
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Mike Brandly, Auctioneer
Mar 9, 20202 min read
Who is a professional auction seller? Buyer?
However, meaning sensitive to these costs doesn’t mean they avoid them, nor pick the lowest cost no matter. Seasoned, professional...
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Mike Brandly, Auctioneer
Mar 6, 20202 min read
Better to be lucky than good?
There are thousands of top-shelf auctioneers around the United States. Yet, a select few work at the highest-profile events and even...
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Mike Brandly, Auctioneer
Mar 5, 20202 min read
So you’re telling me I can’t rely on anything you say?
Today, we explore a different topic; auctioneers literally say this sometimes: “You can not rely on anything I say …” Our question...
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Mike Brandly, Auctioneer
Mar 4, 20202 min read
How does an “absolute” auction not sell?
“How did this absolute auction property not sell?” — or the like — is the type of question I get. Due to an absolute auction being “The...
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Mike Brandly, Auctioneer
Mar 3, 20203 min read
10 things to know when bidding on your first online auction
https://mikebrandlyauctioneer.wordpress.com/2020/02/28/10-things-to-know-when-attending-your-first-live-auction/. Relatedly, for everyone...
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Mike Brandly, Auctioneer
Mar 2, 20202 min read
Who is easier to charge — seller or buyer?
Of course, not all retail buyers are inexperienced, and not all sellers are professional. However, our question is generally who is...
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Mike Brandly, Auctioneer
Feb 28, 20203 min read
10 things to know when attending your first live auction
Some people have never been to a live auction. Today we discuss 10 (ten) things to know when attending your first auction: Check the...
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Mike Brandly, Auctioneer
Feb 27, 20202 min read
Auctioneers & IRS Form 8300 reporting
The law requires that trades and businesses (such as auctioneers) report cash payments of more than $10,000 to the federal government by...
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Mike Brandly, Auctioneer
Feb 26, 20202 min read
Auctioneers, firearms and raffles
If the organization owns the gun being raffled, and all other laws are being followed in that particular state about raffles, that...
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Mike Brandly, Auctioneer
Feb 25, 20203 min read
It is not worth what it won’t sell for
Terry Mangum said something similar and he’s exactly right: It is not worth what it won’t sell for. In other words, a piano listed...
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Mike Brandly, Auctioneer
Feb 24, 20202 min read
Raise more by hiring an auctioneer
Greater Giving published an article titled: Raise more by hiring an auctioneer. That can be read in full here:...
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Mike Brandly, Auctioneer
Feb 21, 20202 min read
Why hire a National Auctioneers Association member auctioneer?
National Auctioneers Association (NAA) member. NAA members are exposed to the preeminent auction-related education opportunities...
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Mike Brandly, Auctioneer
Feb 20, 20202 min read
We’re going to auction the safe … unopened?
We wrote in 2013 addressing if the “known” or the “unknown” sells better and concluded that the circumstances matter: ...
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Mike Brandly, Auctioneer
Feb 19, 20202 min read
Auction advertising that’s “just enough” information
Auctioneers for 100’s of years have placed “… and many more items too numerous to mention” at the bottom of each advertisement —...
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Mike Brandly, Auctioneer
Feb 18, 20202 min read
Is being an auctioneer like gambling?
For instance, an auctioneer named Emily meets with Frank and Wanda Horton to discuss their upcoming move to a retirement center. Most of...
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Mike Brandly, Auctioneer
Feb 17, 20202 min read
Can an auctioneer sell something he knows nothing about?
Auctioneers who contract with sellers to serve as their auctioneer to market, promote and secure the highest possible bid need to know...
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