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The Certified Auctioneer Institute
The Indiana Auctioneers Association started this program, and it quickly grew to the point that their state association was overly...

Mike Brandly, Auctioneer
Aug 26, 20103 min read


Can the seller bid at auction?
One right that is sometimes given up, but other times not, is the right to bid on that property at the auction. Why do sellers want to...

Mike Brandly, Auctioneer
Aug 24, 20103 min read


Unethical Bid Calling #7, The Drop Off
Standard bid calling in the United States involves the auctioneer suggesting a price a bidder might bid, the bidder bidding that amount,...

Mike Brandly, Auctioneer
Aug 24, 20103 min read


Auctioneer Collaboration: The Super Auction
At The Super Auction, held twice annually, each auctioneer participant contributes one or more auction rings of their own items (each...

Mike Brandly, Auctioneer
Aug 23, 20102 min read


So where do you start the bid?
Auctioneers generally don’t start the bid. What happens at a typical auction is the auctioneer suggests a price to the audience (legally,...

Mike Brandly, Auctioneer
Aug 20, 20103 min read


What does it mean to “buy something back?”
A television station just today reported that banks were, “buying homes back” at foreclosure auctions taking place in their county. Late...

Mike Brandly, Auctioneer
Aug 17, 20102 min read
Can the auction reserve be $0.00?
As we have discussed in various posts, there are two types of auctions: With reserve Without reserve In a with reserve auction, the...

Mike Brandly, Auctioneer
Aug 13, 20103 min read


Auction Industry 2010 Part III
The study is broken into 3 basic parts, with a preface. I will also comment on some of the statistics presented. Part III of the study...

Mike Brandly, Auctioneer
Aug 7, 20103 min read


Auction Industry 2010 Part II
The study is broken into 3 basic parts, with a preface. I will also comment on some of the statistics presented. Part II of the study...

Mike Brandly, Auctioneer
Aug 6, 20102 min read


Auction Industry 2010 Part I
The study is broken into 3 basic parts, with a preface. I will also comment on some of the statistics presented. Part I of the study...

Mike Brandly, Auctioneer
Aug 5, 20103 min read


Auction Industry 2010 Preface
The study is broken into 3 basic parts, with a preface which we discuss here. I will also comment on some of the statistics presented....

Mike Brandly, Auctioneer
Aug 5, 20102 min read


Auctioneer says, “I’ve got it all over the house!”
The phrase, “I’ve got it all over the house” communicates to the bidders that there is much interest in this item being sold; the...

Mike Brandly, Auctioneer
Aug 3, 20102 min read
Auctioneer Fellowship
Auctioneers are, on the whole, very social beings. They enjoy being around other auctioneers and discussing the industry they so enjoy. ...

Mike Brandly, Auctioneer
Aug 1, 20102 min read


Can auctioneers reopen the bidding?
As we have noted before, auctioneer bid calling is a series of oral contracts. A bid is received from a bidder and is accepted by the...

Mike Brandly, Auctioneer
Jul 24, 20103 min read


Should I go to auction school?
First, many states in the United States require a license to act as an auctioneer. And, most of those license states require...

Mike Brandly, Auctioneer
Jul 21, 20102 min read


The NAA IAC Final Round Questions ’10
At the 2010 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 16 in...

Mike Brandly, Auctioneer
Jul 17, 20102 min read


Auctioneers aren’t commodities
We concluded rather swiftly, that the answer was, “No,” that auctioneers were not commodities. Let’s first look at what a commodity is:...

Mike Brandly, Auctioneer
Jul 10, 20103 min read
Where are the auctions?
We wrote concerning the number of auctioneers a few months ago. Here, we wish to discuss how many auctions there are, and where they are...

Mike Brandly, Auctioneer
Jul 4, 20103 min read


Auctioneers must have great support staff
These support personnel often are a spouse, children, father, mother, or other family; many auctioneers hire employees (or contract with...

Mike Brandly, Auctioneer
Jul 1, 20102 min read
Does anything sell at auction for less than market value?
In our article about tag (estate) sales, we noted that at an auction, everything sells for market value. We made this statement without...

Mike Brandly, Auctioneer
Jun 25, 20103 min read
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