Mike Brandly, Auctioneer
Online-only auction starts to close … and we have a problem
This would mean that 142 lots are already sold, and 358 lots are not sold. The auctioneer running the online-only auction extends the...
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Mike Brandly, Auctioneer
May 4, 20182 min read
Auctioneers and antique firearms
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) regulates what is an antique firearm and their definition is as follows;...
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Mike Brandly, Auctioneer
May 2, 20182 min read
How do we know online bidders are real?
Such a bird’s-eye view of this issue would include questions such as, “How do we know that live bidder is real?” “How do we know that car...
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Mike Brandly, Auctioneer
Apr 30, 20183 min read
Disclosing the seller can bid at auction …
UCC 2-328. Here are those last two sentences: (4) If the auctioneer knowingly receives a bid on the seller’s behalf or the seller makes...
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Mike Brandly, Auctioneer
Apr 25, 20182 min read
Auctioneers and felonies
We have issues in the United States regarding people who have committed crimes — denying them licensing, the right to vote, the right to...
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Mike Brandly, Auctioneer
Apr 23, 20182 min read
Maybe selling absolute with binding opening bid?
In a without reserve auction, after the auctioneer calls for bids on a property, that property cannot be withdrawn unless no bid is made...
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Mike Brandly, Auctioneer
Apr 19, 20183 min read
Extraordinary liquidated damages in auction contract
Apparently, this auctioneer had (and maybe still has) severe financial penalties in his contract with his seller payable to him — in the...
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Mike Brandly, Auctioneer
Apr 16, 20182 min read
Auction marketing words matter
However, it seems once we as auctioneers removed the word, “Auction” or words, “Public Auction” from prominent spots in our advertising,...
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Mike Brandly, Auctioneer
Apr 12, 20184 min read
“Types” of auctions and ice cream
I would offer probably not. Cases at the Supreme Court of the United States are probably the best ones to use as fact. Yet, consider...
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Mike Brandly, Auctioneer
Apr 9, 20182 min read
Auction bidder buys, takes … and doesn’t pay
The question we tend to get is, “This is theft, right?” We typically answer, “Probably not, and likely only a contract breach.” ...
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Mike Brandly, Auctioneer
Apr 5, 20181 min read
Auctioneers should stay in their lane
This above picture pretty much lays it out visually, in that the right lane is the absolute lane, where the seller has the genuine intent...
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Mike Brandly, Auctioneer
Apr 2, 20183 min read
Different buyer’s premiums for different bidders?
We have discussed this issue numerous times including most recently here: https://mikebrandlyauctioneer.wordpress.com/2018/02/08/is-that...
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Mike Brandly, Auctioneer
Mar 30, 20182 min read
I’m an auctioneer and I specialize in … everything?
Specializing by definition means: (1) concentrate on and become expert in a particular subject or skill. (2) confine oneself to...
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Mike Brandly, Auctioneer
Mar 26, 20183 min read
Bidder vs buyer performance breach
Our discussion today regards what can — or should — auctioneers do in such instances. Is there anything they can do? If you’re not...
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Mike Brandly, Auctioneer
Mar 22, 20183 min read
Firearms: Guaranteed and not infringed?
Bill of Rights comprises the first ten amendments to the United States Constitution. Virginia’s legislature became the last to ratify...
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Mike Brandly, Auctioneer
Mar 19, 20184 min read
An auction disclaimer I saw in court
The essence of this case was the auctioneer was providing estimates of value on items being put up for auction. One such item was...
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Mike Brandly, Auctioneer
Mar 14, 20184 min read
The future of the MLS for auctions
Maybe another question might be: What is the future of the real estate industry? How about the auction industry? I would offer these are...
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Mike Brandly, Auctioneer
Mar 12, 20183 min read
What drives bidders to an auction?
I believe that most auctioneers understand what drives interest in an auction and/or auction event — other than wanting or needing what...
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Mike Brandly, Auctioneer
Mar 7, 20182 min read
Is the reserve price a material fact?
However, some information which buyers might feel is material is also by default confidential. Such is the reserve price which twice in...
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Mike Brandly, Auctioneer
Mar 5, 20182 min read
Minimum age to buy a firearm
That is, unless state or local laws say there are required ages in excess of 18. For example, could California say one must be 22 to buy...
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