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How much is (+) or (-) at auction?
Auctions sometimes involve approximations. For instance, a vase is 9″ (+/-) or the real property lot is 1.25 acres (+/-). Of course,...

Mike Brandly, Auctioneer
Oct 4, 20232 min read
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You are “binding” your bidder
Auctions involve bidders making offers, and auctioneers generally accept those offers if they are higher in amount than the prior bid. ...

Mike Brandly, Auctioneer
Aug 31, 20232 min read
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Courts interpreting “explicit”
We’ve held that a “bright line” defining when an auction is absolute or without reserve is horrible for the auction industry. What is...

Mike Brandly, Auctioneer
Oct 3, 20224 min read
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Buyer buys, leaves, and now auction company owns it?
It seems I hear about this all the time? An auction takes place (online and/or live) and a buyer buys an item, pays for it, and then...

Mike Brandly, Auctioneer
Jan 25, 20223 min read
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Auctioneers & trade fixtures
Auctioneers sell many personal property items from commercial and residential improvements, where either the owner or tenant has...

Mike Brandly, Auctioneer
Sep 29, 20212 min read
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Absolute over $500,000?
Absolute auctions attract far more attention than with reserve auctions. Thus, auctioneers understandably use the word “absolute” and...

Mike Brandly, Auctioneer
Aug 26, 20203 min read
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Intent: Direct and circumstantial evidence in auction cases
Here’s one of those prior writings: https://mikebrandlyauctioneer.wordpress.com/2015/11/27/genuine-intent-to-transfer-to-the-highest-bid...

Mike Brandly, Auctioneer
May 9, 20192 min read
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Auction deemed a stunt?
Recently, an auction of the Lincoln Park Plaza (Michigan) apparently did not result in a completed sale. Adam Miller, Lincoln Park’s...

Mike Brandly, Auctioneer
Aug 10, 20172 min read
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Should the auctioneer start the bid?
For example, an auctioneer might say, “Start me out at $15,000 …” [the invitation to bid $15,000] and then a bidder might bid $5,000 [the...

Mike Brandly, Auctioneer
Dec 22, 20163 min read
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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
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Can’t buy or can’t bid?
In Ashgrove, as with nearly all of the surrounding communities, it is strictly illegal to point a gun directly at another unarmed person...

Mike Brandly, Auctioneer
Mar 22, 20123 min read
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Price fixing at auction
The story goes, in part, that Pritchard and Juno conspired to “appraise” a Confederate Civil War sword on the Antiques Roadshow...

Mike Brandly, Auctioneer
Jul 4, 20114 min read
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