Does the “buyer’s premium” show to the seller?
Our question today involves an auction where the auctioneer/seller is charging a buyer’s premium. For example, a lot sells for …
Tag Archives: online
Lot 0 (Auction Information) confusion
There is a disturbing practice going on within online auctions where auctioneers are using “Lot 0” (or some other lot) …
Simulcast auctions and the timing of bids
Earlier this year, I was asked by an attorney if I could tell — in a simulcast auction — which …
Online-only auction platform goes down …
We have previously written about online auction bidding becoming unavailable: https://mikebrandlyauctioneer.wordpress.com/2017/02/06/online-bidding-goes-down/. Today, we explore if an online-only auction platform goes …
Can auctioneers trust any online platform?
Auctioneers have given their data (particularly buyer data, but also seller data) to online platforms as we have partnered to …
Auctioneers & Blogging
You’re reading a blog right at this moment. Our somewhat-rhetorical question today is, “Should you as an auctioneer blog?” and/or …
Are all auctioneers … still Republican?
This is similiar to the question we posed in 2012: “Are all auctioneers … Republican?” Today, we explore if all …
Online bidding goes down
It happens. A seller hires an auctioneer who will utilize an online provider to allow bidders to bid online — …
Auction after [no] sale
When I first saw it, it seemed odd. It even sounded odd. If I understand it, “If it doesn’t sell …
Most reputable comrade in the auction business
In a news release published about three months ago, http://www.youragentbid.com (Youragentbid) announced another comradeship with an auction company in order …
Auctioneers vs. Auction Portals
I’ve been involved in 100’s of divorce appraisals. Some marriages as short as a few months, and some as long …
Online auction platform dictates commission structure
For our purposes here, we’ll call them “AuctionPlace.com.” And yes, they dictate that the auctioneers who place property on their …
13 things the UCC 2-328 doesn’t [quite] answer
We’ve studied the UCC 2-328 extensively and written several articles about it over the years. It remains today the most …
Look! We’re not open yet.
As I write this, it’s March 13, 2015. I just received notice that a property near us is selling [likely …
Sothebay’s?
It’s December 31, 2008 and eBay Live Auctions is dead. It’s July 14, 2014, and Sotheby’s announces they plan to …
Can anyone auction their own property?
Yes, people in the United States can sell (by auction or otherwise) their own property themselves. In other words, without …
Expected annual earnings are $360,000-$800,000
Generally, auctioneers make a very good living. Some estimate that nearly 25% make over $250,000 per year. Yet, even these …
Give up selling live — do it all online?
Auctions have been conducted on earth as far back as 500 B.C., if not before. Those auctions have involved generally …
Why an online-only auction would (or should) hide results
Do online-only auctioneers hide sale prices (auction results?) It appears to me that most do. Why would an online-only auctioneer …
Why is the online auction final sale price not listed?
I was just finishing up calling absentee bidders following our “Every Wednesday” auction, and talking with a successful bidder in …
