The opening bid incentive
What is an “opening bid incentive?” Essentially, this is a rebate paid to the buyer based upon a percentage of …
Category Archives: Auctions
Bidder is registered but we won’t take his bid?
We have discussed auction registration and the “right” to bid more than once — for instance here: https://mikebrandlyauctioneer.wordpress.com/2016/06/28/does-a-bid-number-grant-the-right-to-bid/. Today’s topic …
The NAA IAC Final Round Questions ’19
At the 2019 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) held Friday, July 12 in New Orleans, Louisiana, three …
Online auction providers and those late to the game
In the early 2000’s an online auction company is born with the [apparent] goal of connecting auctioneers and sellers with …
Auction bidders pay more when warm?
Could it be that auction bidders bid more aggressively when somewhat uncomfortable? We suggested in 2012 that the live auction …
Is it fraudulent inducement or not?
We have written extensively about fraudulent inducement in regard to seller bidding at auction, notably here: https://mikebrandlyauctioneer.wordpress.com/2018/06/21/that-other-bidder-and-fraudulent-inducement/. Most materially, we …
Setting the bid in …
We had previously written about auctioneers “setting the bid in” where they bid first and then ask for a higher …
Farmers stand together so 80 acre farm goes for one bid?
We previously wrote about this story here: https://mikebrandlyauctioneer.wordpress.com/2018/08/29/one-bid-and-200-other-bidders-stand-in-silence/. In that treatise, we suggested that this could be a fake story …
We have a big mailing list and a large database of bidders …
Put your auction on our platform as, “We have a big mailing list and a large database of bidders …” …
… it doesn’t sell so we put it on eBay?
Yes, this is what I think I was reading. An online auction platform will integrate with eBay so that “… …
Auctioneers holding that microphone
I have had the honor to be asked to judge dozens of auctioneer contests around the United States. Additionally, we …
When can the seller bid without recourse?
Auctioneers around the United States have held since the forming of this country that at auction, the seller can bid …
Auctioneer licensing and auction lawsuits
I was standing in Indianapolis in October, 2015 in front of the Indiana Governor’s Jobs Creation Committee (JCC) presenting the …
Are online auctions going away? Probably …
This is a picture from The Ladies’ home journal (1948.) It could be any number of thousands of ads on …
Auctioneers poaching auctioneers
So I suppose the terms here might actually be “poacher” and “poachee?” In other words, the poacher poaches the poachee? …
Are auctioneer member benefits only for members?
Auctioneers join both state and national auctioneer associations in order to network, learn and enjoy the company of fellow auctioneers. …
Is there anything wrong with this auctioneer cartoon?
This cartoon and related story appeared in the May 14, 2019 paper edition of USA Today. Most all of my …
$7.5 Million in storage unit auction?
Yes, that’s our question … was there really $7.5 Millon in a storage unit? In a safe in a storage …
Should I post that on Facebook — or anywhere?
We have written more than once regarding auctioneers posting on Facebook and elsewhere — where other people can see such. …
Intent: Direct and circumstantial evidence in auction cases
We have used the word, “intent” many times over the years including most notably the “genuine intent to transfer to …
