Ending times & soft auction closings
When I held my very first auction, I remember a woman asking me, “What time will the auction be over?” …
Previous articles
Who is a professional auction seller? Buyer?
In a recent story, I suggested that “professional” sellers and buyers were more sensitive to auction participation expenses. In other …
Better to be lucky than good?
“In competitive contexts, many have merit, but few succeed. What separates the two is luck.” Today’s topic regards … is …
So you’re telling me I can’t rely on anything you say?
We wrote about auctioneers telling their bidders “You can’t believe anything I tell you” here: https://mikebrandlyauctioneer.wordpress.com/2015/10/23/you-cant-believe-anything-i-tell-you/. Today, we explore a …
How does an “absolute” auction not sell?
We’ve all seen this type of property up for “absolute auction.” All too often, the property doesn’t sell and my …
10 things to know when bidding on your first online auction
We recently wrote about the 10 things to know when attending your first live auction here: https://mikebrandlyauctioneer.wordpress.com/2020/02/28/10-things-to-know-when-attending-your-first-live-auction/. Relatedly, for everyone …
Who is easier to charge — seller or buyer?
Is it fair to say that seller commissions are getting smaller, and buyer premiums are getting larger? While not universal, …
10 things to know when attending your first live auction
For everyone who’s ever been to any live auction, there’s that first time. I think my first time was probably …
Auctioneers & IRS Form 8300 reporting
The law requires that trades and businesses (such as auctioneers) report cash payments of more than $10,000 to the federal …
Auctioneers, firearms and raffles
Auctioneers sometimes become involved with raffling a firearm … at a benefit, charity or other similar event. If the organization …
It is not worth what it won’t sell for
My friend Terry Mangum said something similar and he’s exactly right: It is not worth what it won’t sell for. …
Raise more by hiring an auctioneer
Greater Giving published an article titled: Raise more by hiring an auctioneer. That can be read in full here: https://blog.greatergiving.com/raise-more-by-hiring-an-auctioneer/. …
Why hire a National Auctioneers Association member auctioneer?
You need an auctioneer to help with downsizing, settling an estate, selling cars at your auto auction, or working your …
We’re going to auction the safe … unopened?
Let’s say an auctioneer finds himself selling at auction an unopened and locked safe. Is it best to open? Leave …
Auction advertising that’s “just enough” information
I have argued for decades that auction advertising should be “just enough” to get people (potential bidders/buyers) to respond … …
Is being an auctioneer like gambling?
Gambling is the wagering of money or something of value (referred to as “the stakes”) on an event with an …
Can an auctioneer sell something he knows nothing about?
It probably happens all the time. Auctioneer says, “Folks, here’s the next lot and I have no idea what this …
At auction, is it need or want?
For nearly 40 years as an auctioneer, I have remarked to 100’s of customers, “It’s not what you need, it’s …
We’re selling this stuff at auction, unless we decide otherwise
We have written about reasonable auction terms because these terms can’t be all seller favorable, or there will be a …
[Auctioneer] licensing doesn’t matter to consumers
I’m not convinced occupational licensing (including auctioneer licensing) has ever mattered to consumers. I think it’s always mattered to the …
