By: D. Admin Thursday May 17 2012
Map: Home | Auctioneer - Date Submitted: 2010-10-21 16:17:00 - Views: 1017
The job title: Auctioneer
Main purpose of the job
The purpose of an auctioneer is to sell goods to interested buyers, offering them up for bid, taking bids, and selling them to the highest bidder.
Position of the job within the organization as a whole
The auctioneer serves several roles in his position: janitor, office manager, traffic coordinator, public relations manager, and accountant. However, his most crucial role is that of a marketing expert.
Job requirements of an auctioneer
An auctioneer must be at least 18 years of age, high school graduate or GED, a citizen of the United States, a legal alien, pass a written or oral department examination, proof of an associate auctioneer license for two years with ten auctions, no felony conviction within five year of application date, and show proof of 80 hours completed classroom instruction at an auction house approved by the department. If this is all done, the auctioneer applicant must submit a completed application with the appropriate fee.
Required continuing education for an auctioneer
To renew an auctioneer license or an associate auctioneer, six hours of continuing education courses must be completed, in addition to two hours of instruction-in-laws and rules regulating auctioneer and associate auctioneer conduct. The licensee may not receive credit for a course already taken. The certificate of completion for each course must be retained for one year after the completion date.
Job Description of the auctioneer
* Most auctioneers specialize in one type of auction sale: antiques, livestock, real estate, industrial equipment, or inventory liquidation. .
* There must be an accurate appraisal of the merchandise to be sold
* An inventory of the items to be sold must be accounted for
* Adequate advertising done prior to the auction (fliers, television, radio, or newspapers)
* The auction area should be prepared in advance
* Site selection and preparation
* Lotting
* Registration
* Clerking
* Classification of record collections and cataloging the results
* Bid calling
* Working the bid ring
* Checking out merchandise and property
* Security
* Managing escrow accounts
Geographical location and setting of the job
An auctioneer is considered to be an independent undertaking, but there are regional and national auction houses that are much larger. Many auctioneers are required to work as an associate for two years before applying for a full-time position in the larger auction houses.
Special application fees for the auctioneer
* Auctioneer license is $50
* Associate auctioneer is $25.
* Renewal of the auctioneer license is $50 annually.
* Associate auctioneer renewal license is $25.
* Duplicate license fee is $25.
* Fee for examination is $50.
* To assess auctioneer schools is $500.
If you would like to find out more about becoming an Auctioneer then visit our Career Forum
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