Mike Brandly, Auctioneer
Come get a bargain?
Let’s start with this premise: Auction marketing is distinctly different than other marketing. Retail operations need buyers and when...
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Mike Brandly, Auctioneer
Oct 31, 20162 min read
Hiring an auctioneer without a written contract
“I hired an auctioneer and things didn’t go right … so what can I do? I don’t have a written contract.” Our first question might be,...
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Mike Brandly, Auctioneer
Oct 25, 20163 min read
Cost, Price & Value
In discussing appraisal techniques in classes all across the United States, three (3) particular terms are sometimes the focus. Those...
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Mike Brandly, Auctioneer
Oct 18, 20164 min read
Murray, Williston and auction contracts
Murray was a chancellor and a professor of law at Duquesne University in Pittsburgh, Pennsylvania. He was a former dean of the University...
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Mike Brandly, Auctioneer
Oct 13, 20162 min read
“Using” another auctioneer’s license
Likewise, real estate brokers are licensed by state and thus permitted to practice real estate in that state. As large regional [real...
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Mike Brandly, Auctioneer
Oct 11, 20162 min read
Who can sign?
In more modern times, and certainly in most auctioneer-license states, auctioneers endeavor (or are required) to enter into a written...
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Mike Brandly, Auctioneer
Oct 6, 20163 min read
You don’t know what an “auction” is?
After graduating from The Ohio State University, I attended auction school. Soon after I was working as an auctioneer in the Columbus,...
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Mike Brandly, Auctioneer
Oct 3, 20164 min read
The word “auction” in culture
More and more, auctioneers are being told not to use the word, “auction” in their advertising. We explored this in depth here: ...
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Mike Brandly, Auctioneer
Sep 29, 20162 min read
When does an FFL need to be an auctioneer?
The ATF licenses persons who “engage in the business” of selling firearms in the United States. A Federal Firearms Licensee (FFL) is...
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Mike Brandly, Auctioneer
Sep 27, 20162 min read
Terms and conditions only for seller’s protection?
Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...
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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
Sep 14, 20162 min read
Auctioneers selling counterfeit property
While most auctioneers are probably aware of this law, some might not be as aware that the Act also applies to anyone knowingly selling...
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Mike Brandly, Auctioneer
Sep 9, 20163 min read
What is an “estate” in regard to firearms?
When can an auctioneer sell a firearm without a Federal Firearms License (FFL?) When does an auctioneer need an FFL? We’ve recently...
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Mike Brandly, Auctioneer
Sep 5, 20163 min read
Tax issues at a benefit auction
The questions/issues we’ve received/addressed involve basically two areas — those pertinent to: Contributors to the 501(c)(3)...
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Mike Brandly, Auctioneer
Aug 27, 20164 min read
How does auctioneer-FFL licensing work?
Auctioneers encounter all types of licensing requirements almost no matter where they live in the United States. auctioneering the sale...
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Mike Brandly, Auctioneer
Aug 25, 20163 min read
The power of the word “absolute”
Further, not only our own auctions, but those by many auctioneers around this country have proved time and time again that the word...
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Mike Brandly, Auctioneer
Aug 22, 20162 min read
The issue with secret reserves
What is a secret reserve? It’s the number the seller believes he or she needs in order to sell the property — and that number is kept...
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Mike Brandly, Auctioneer
Aug 18, 20162 min read
Yes, you can sell absolute with a lien present
Of those many questions, this one has been asked several times, and it’s usually phrased more-so as a statement. It usually goes like...
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![Auction after [no] sale](https://static.wixstatic.com/media/69aad9_d2242ccb826d4fe6a631c6386a508a06~mv2.jpg/v1/fill/w_1699,h_1276,fp_0.50_0.50,q_90,enc_auto/69aad9_d2242ccb826d4fe6a631c6386a508a06~mv2.jpg)
Mike Brandly, Auctioneer
Aug 15, 20162 min read
Auction after [no] sale
If I understand it, “If it doesn’t sell at auction, then we’ll try to sell it at auction?” I think that’s how I read it … A certain...
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Mike Brandly, Auctioneer
Aug 11, 20164 min read
What is a missed bid?
So just what is a missed bid? Is it a bid at all? Maybe not. First, some contract basics in regard to auctions: Bids are offers made...
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