Tag Archives: Online Bidding

Episode 88: Auctioneers Need to put the Sellers First

May 9, 2023EpisodesAuctioneer, auctions, buyers premium, coin auctions, commission, Equipment Auction, equipment for sale, estate auction, firearm auctions, Internet Auctions, Online Auctions, Online Bidding, real estate auction, united country auction services, United Country Real Estatethesalering

Podcast: Play in new window | Download (Duration: 54:39 — 75.1MB)

Mike Brandly joins us in the studio to discuss the differences between white-label online bidding software versus online marketplaces. We also talk about the use of the Buyer’s Premium and why the industry still has push back from a few auctioneers that have a hard time justifying why they don’t utilize a BP. As always, Mike is full of insight and a great guest so enjoy the show.

MIKE BRANDLY BLOG

Episode 68: Bad Bidders List and Standardizing Commissions with Mike Brandly

April 28, 2022Episodesauction, Auctioneers, bad bidders, brokerage, brokers, commissions, for sale by owner, heritage brokers and auctioneers, home buyers, home for sale, home sales, Online Auctions, Online Bidding, real estate agents, real estate auction, realtors, United Country Real Estatethesalering

Podcast: Play in new window | Download (Duration: 58:34 — 80.4MB)

As the auction industry heads more and more towards online bidding platforms, the experience with unscrupulous bidders will unfortunately become more prevalent. In this episode we discuss this issue with Mike Brandly and his recent blog post regarding the challenges to creating a “Centralized Bad Bidders List”. We also talk about the recent movement of a Federal Court case that is looking at the National Association of Realtors and some Multi-list Systems (MLS) on the grounds that they may have attempted to force sales commissions structures on Seller’s, that obligate them to pay for the Buyer’s representation. There is a LOT of information in this episode, so enjoy the show.

Mike Brandly Blog

United Country Real Estate

Episode 51: Becoming an Auctioneer with Leroy Hendren

May 5, 2021EpisodesAuctioneer, auctions, highway patrol, law enforcement, marketing, oklahoma, Online Auction, Online Bidding, real estate, United Country Real Estatethesalering

Podcast: Play in new window | Download (Duration: 49:49 — 50.7MB)

Veteran auctioneer and retired Oklahoma Highway Patrolman Leroy Hendren tells us his story of becoming an auctioneer. We also discuss how the auction business has evolved and the current methods that seem to be working best in the marketplace. This is a great episode with a legacy guy at the helm, so enjoy the show.

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

May 15, 2020EpisodesAuction House, auction law, Auctioneers, auctions, Benefit Auctions, Equipment Auction, Internet Auctions, Law, National Auctioneers Association, Online Auctions, Online Bidding, real estate, United Country Real Estatethesalering

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

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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