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More than it’s worth?
Yet, some will say, “That [whatever] sold for $29,500 at that auction, but was worth much more.” Less often, someone will say, “That...

Mike Brandly, Auctioneer
Jun 30, 20143 min read


As-is with the emphasis on “is”
The “as-is” standard is so widely used in the United States that even the Supreme Court of the United States has discussed the issue at...

Mike Brandly, Auctioneer
Jun 25, 20144 min read


Commercially reasonable auctions
For instance, Let’s say a storage unit tenant has not paid his monthly rent for several months. It’s likely the storage unit owner can...

Mike Brandly, Auctioneer
Jun 23, 20143 min read


21 ways auctioneers denote age
“Antique chest of drawers,” “Vintage jewelry,” and “Retro clothing and costumes” all suggest a certain time frame or age of personal...

Mike Brandly, Auctioneer
Jun 17, 20142 min read


Auctioneer clause concerns
Auctioneers typically enter into contracts with their sellers (clients.) These contracts often note the date and location of auction,...

Mike Brandly, Auctioneer
Jun 12, 20142 min read


Contract terms counter to law
For example in a contract to sell or an agreement to abide by certain terms and conditions, that document counters established law. Two...

Mike Brandly, Auctioneer
Jun 9, 20142 min read


3 easy steps to a fund-a-need
Fund-a-need presentations capitalize on two basic human instincts: Acting in like kind, and perceiving a discount. The fund-a-need...

Mike Brandly, Auctioneer
Jun 3, 20142 min read


Supply sophism
We were flying to Missouri to inspect a noted inventory of antiques and collectibles. The owners (husband and wife) wanted to discuss us...

Mike Brandly, Auctioneer
May 30, 20143 min read


Auctioneers and D U S T
Our average crowd numbers right around 250. We’ve had over 700 in attendance when our inventory was widely varied and interesting, and...

Mike Brandly, Auctioneer
May 27, 20144 min read


Auctioneers and the number of combinations
Mary’s family has owned 2,540 acres of farmland in southern Indiana for 135 years. The land includes four homes, nine large barns, and...

Mike Brandly, Auctioneer
May 24, 20142 min read


Auctioneers and the seller’s identity
Secondly, there are no laws which require auctioneers to disclose the seller’s identity to (potential) bidders. Despite these facts, it...

Mike Brandly, Auctioneer
May 21, 20144 min read


Children at auctions?
And it would be hard to find an auctioneer who wouldn’t want children exposed to the auction method of marketing. In fact, it’s likely...

Mike Brandly, Auctioneer
May 19, 20143 min read


Invaluable eBay
It’s May 08, 2014, and Invaluable and eBay announce a joint agreement to bring eBay Live Auctions back to life. What changed from...

Mike Brandly, Auctioneer
May 15, 20142 min read


We’re selling the shelf and giving you the …
He conducted mostly onsite auctions where we were selling primarily antiques, collectibles, furniture, tools, etc. We would often get...

Mike Brandly, Auctioneer
May 11, 20142 min read


King Augeo and fair, equitable auctions
King Augeo reigned over the 1000’s of acres of his kingdom where all commerce by law was conducted by auction. The King’s Court of six...

Mike Brandly, Auctioneer
May 7, 20144 min read


Do buyers find property or does property find them?
In fact, there was a lot less searching then, as before the Internet, many times people didn’t even know they wanted something because...

Mike Brandly, Auctioneer
May 5, 20143 min read


It’s easy to become an auctioneer, but …
“I want to be an auctioneer … how do I go about that?” is a fairly typical question. I usually inquire about where the caller is hoping...

Mike Brandly, Auctioneer
Apr 24, 20143 min read


Credit card (surcharge) mess for auctioneers
At that time, we used a Verifone 330 credit card swiper, a DC power supply, a Motorola bag phone and a long antenna. We were the first...

Mike Brandly, Auctioneer
Apr 20, 20143 min read


Disregarding the client
Of the issues that auctioneering and real estate education share, one is agency. We wrote extensively on agency here:...

Mike Brandly, Auctioneer
Apr 16, 20143 min read


Notarize signature on auction contract?
Auctioneers sign contracts with clients (sellers,) facilitate contracts between sellers and buyers when selling property, and sometimes...

Mike Brandly, Auctioneer
Apr 13, 20142 min read
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