Tag Archives: auction law

Episode 78: Advertising Absolute Auctions when it is Not

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Podcast: Play in new window | Download (Duration: 46:25 — 63.8MB)

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In this episode we are joined in the studio by Mr. Mike Brandly, professional auctioneer and auction industry expert witness.  Mike talks about a string of recent incidents which involve auction companies using advertising language designed to lead consumers to believe auctions are being held without a reserve price (absolute), when in fact they are not.  This practice has been taking place in the auction industry for years, however consumers are now become aware of the practice and are beginning to hire attorney’s post auction to dispute the outcomes. A very interesting podcast with a LOT of insightful information.  Enjoy the show.

 

Mike Brandly blog

Episode 30: The use (misuse) of Online Max Bids & Selling “As Is” with No Inspections

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Podcast: Play in new window | Download (Duration: 1:00:21 — 57.6MB)

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Have you ever bid in an online auction or more importantly left a “Maximum Bid” trusting the auctioneer will treat you fairly.  In this episode we talk with Auction Law Expert Mike Brandly about the use (and Misuse) of maximum bids and what the liability can be for both the auctioneer and their seller.
We also discuss selling property “As is, Where is” at auction but then not allowing bidders to inspect the property.
Very good topics and a lively conversation with our good friend, so enjoy the show.

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Episode 23: Auction Law and Best Practices with Mike Brandly

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Podcast: Play in new window | Download (Duration: 45:38 — 42.3MB)

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Join us as we discuss Auction Law with one of the foremost authorities in the Nation. Mike Brandly, professional auctioneer, instructor and expert in the auction law arena discusses: Disclosing vs. Not-Disclosing Reserves; Opening Bid Incentive and Fraudulent Inducements.

Mike is always a huge learning experience and this episode is guaranteed to be full of information that will keep an auctioneer out of hot water.  You can catch Mike Brandly in September 2019 at the National Auction Summit in Kansas City, Missouri.  We also encourage you to follow to Mike Brandly’s blog

Enjoy the show.