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Calculations regarding real property at auction
Lots of questions about real property values. Here’s some common ways real property is analyzed from the standpoint of investors,...

Mike Brandly, Auctioneer
Nov 25, 20146 min read


Auctioneers must … or must they?
In the landmark United States Supreme Court case Lochner v. New York, 198 U.S. 45 (1905), the Court held that the “liberty of contract”...

Mike Brandly, Auctioneer
Nov 24, 20142 min read


We’re selling some absolute … but we haven’t decided (or disclosed) yet?
Russ asked, essentially, if an auction could start without the auctioneer making it clear if that particular lot (property) is selling...

Mike Brandly, Auctioneer
Nov 11, 20143 min read


Auctioneer’s absolute right of withdrawal
Our previous article noted that Bib could offer property absolute, and if no bid was made within a reasonable time, Bib could withdraw...

Mike Brandly, Auctioneer
Nov 10, 20142 min read


No women allowed?
Apparently, before 1950 women were not allowed … to be auctioneers? Emma Bailey is regarded as the first woman auctioneer in the United...

Mike Brandly, Auctioneer
Nov 6, 20142 min read


Seller commission & buyer’s premium
More recently, we again were asked about how seller commissions are calculated in relation to buyer’s premiums. Here’s that previous...

Mike Brandly, Auctioneer
Oct 24, 20142 min read


The ATF Rul. 96-2 Confusion
In the United States, the Federal agency known as the ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) within the United States...

Mike Brandly, Auctioneer
Oct 21, 20144 min read


Seller commission or seller premium?
Many auctioneers are now charging a “buyer’s premium” to increase auctioneer profits and sometimes offset seller costs. Up until more...

Mike Brandly, Auctioneer
Oct 13, 20142 min read


Auctions & the 1866 Civil Rights Act
He or she would say that it is illegal in the United States to discriminate based on race, color or ancestry in regard to real property...

Mike Brandly, Auctioneer
Oct 8, 20142 min read


Auction bidders just sitting there?
As Carl begins his “First-Saturday” monthly auction, he notices that the crowd of bidders is just sitting there. They aren’t really...

Mike Brandly, Auctioneer
Oct 3, 20142 min read


We are, and we aren’t acting as an FFL?
Typically, non-FFL’s are concerned that something they do will trigger the requirement to either become an FFL, or utilize an FFL. ...

Mike Brandly, Auctioneer
Sep 29, 20143 min read


Are you offering or inviting offers?
Photograph courtesy of Art & Visual Materials, Special Collections Department, Harvard Law School Library In the United States, an...

Mike Brandly, Auctioneer
Sep 23, 20143 min read


Does the place matter?
I find my seat, and pull the Hemispheres (United Airlines) magazine from the back of the seat in front of me. My quick page scanning...

Mike Brandly, Auctioneer
Sep 19, 20142 min read


Stopping an absolute auction
The question was, “Can an auctioneer stop an absolute auction once underway …?” Let’s take a look at this sign. “Everything will be sold...

Mike Brandly, Auctioneer
Sep 16, 20142 min read


Auctioneers & the Statute of Frauds Part III
In Williston’s “Williston on Contracts” an important point about the Statute of Frauds for auctioneers is noted. In § 29:40 (4th Ed), as...

Mike Brandly, Auctioneer
Sep 15, 20143 min read


Produce auctions
Produce auctions provide a market of locally grown products at public auction. This auction inventory varies by season, and includes...

Mike Brandly, Auctioneer
Sep 10, 20142 min read


Auction Kings: “It’s worth.”
Certainly the purpose of any advertisement is to get attention. So from that perspective — great auction advertisement. However, one...

Mike Brandly, Auctioneer
Sep 3, 20142 min read


Auctions and weather
One thing that auctioneers learn early in their careers is to adapt to the weather. Are tents going to be needed? Will the parking lot...

Mike Brandly, Auctioneer
Aug 27, 20142 min read


Auctioneer doesn’t pay full price?
We previously wrote more about our operation here: http://mikebrandlyauctioneer.wordpress.com/2014/05/27/auctioneers-and-d-u-s-t/ Another...

Mike Brandly, Auctioneer
Aug 25, 20143 min read


Auctioneer hangover
She suggested she had a “hangover” from bid calling. I suspect most auctioneers know this same feeling. There was no alcohol involved. I...

Mike Brandly, Auctioneer
Aug 18, 20142 min read
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