Does this sound familiar? Bidders must agree to sales which are “as-is” where-is, all selling “with reserve,” we’ll be taking fictitious...

However, in November 2017 Christie’s (New York) Alex Rotter relayed a phrase from a phone bidder never before heard at an art auction: ...

There may be no certain “right” number of items (lots) nor any certain “right” amount of time those items (lots) are exposed to the...

One afternoon we were discussing offers prior with our staff and our marketing coordinator remarked, “Don’t those offers need to be on...

However, over 40 years of the buyer’s premium has educated the public to the point that most figure it in when bidding. In other words,...

For instance, say a [thought-to-be] $10,000,000 property is up for auction. The auctioneer says that he will pay a 13% opening bid...

https://mikebrandlyauctioneer.wordpress.com/2017/04/13/should-the-auctioneer-set-the-bid-in/. For instance, “I have $500 and want $550...

However, today we focus on that “big mailing list and large database of bidders” in that what difference does that make? In other words,...

https://mikebrandlyauctioneer.wordpress.com/2019/04/01/auctioneers-alpha-and-beta-and-more/. Our thinking comes from conducting thousands...

I’ve been a long-standing advocate for auctioneers to join the 21st century — simpler, more equitable terms and conditions. Yet,...

Of course, the issue is — who is the most interested bidder? Who is the second most interested bidder? Since prior to the auction, these...

What is shill bidding? Shill bidding is generally any bidding which lacks the “genuine intent to purchase” and rather bidding in order...

Terms and conditions of an auction [particularly online-only or simulcast] might say, “No shipping,” “15% Buyer’s premium,” “$20 handling...

Live auctioneers can sell 2-3-4 lots of personal property a minute. Let’s say the average lot takes 25 seconds — so they sell in 25...

If there is a real threat to consider here, it’s the threat to all auctions, not only one type. As we’ve written before … in 2003 the...

For the most part, this is really good information in that other auctioneers can take note, and take precautions to avoid the same these...

A tie implies sameness — a draw or deadlock. In other words, at auction for there to be a tie bid, both bidders would have to bid the...

We wrote about traits to look for when hiring a contract auctioneer here: http://mikebrandlyauctioneer.wordpress.com/2014/01/03/the-9-im...

https://mikebrandlyauctioneer.wordpress.com/2018/10/18/puffing-or-representing-while-bid-calling/ and as promised, here’s our more...

Quite frankly, bid calling isn’t terribly complicated in that auctioneers basically take (accept) bids from individual bidders until...