Professional auctioneers work hard at their craft and the
job involves hours of practice and training.
To find more information on the profession, the National Auctioneers
Association (NAA) is a great resource. Founded
in 1949, they are the world's largest association dedicated to professional
auctioneers and represent individual auctioneers servicing a wide range of industries.
The NAA recommends that anyone
interested in becoming an auctioneer starts attending auctions to get an idea of
the profession, and if still interested, to find an auctioneer school. Their website publishes a comprehensive list
of schools throughout the U.S., Canada and across the globe.
An auction school teaches students
the art of bid calling as well as provides training on how to start and operate
an auction business. They show students
the best ways to market their services along with sale’s techniques. Many auction schools have websites so you can
take a look at the requirements and curriculum for schools in your area.
Looking at a website for one school
in New England, they state that all of their instructors are professional
auctioneers. Their program consists of
80 hours of coursework that meets or exceeds the New England States’
educational requirement as well as many other state’s requirements. The curriculum focuses on auction law and professional
ethics along with personalized bid calling and coaching.
To give an example of the
requirements for the New England States, you need 80 hours of certified course
work that includes 50 hours of core curriculum and 30 hours of optional
curriculum. Core curriculum subjects are Auction Law and the Uniform Commercial
Code, Ethics, Contracts and Legal Matters, Accounting Procedures, Advertising, and
Bid Calling. Their licensing requirements meet or exceed the requirements of
most of the 50 states for certification, and they also have reciprocal
licensing agreements with many states.
Also the NAA offers its members continuing
educational programs and resources to help them advance in the profession. The organization’s other benefits include access
to the Online Networking and Mentoring Forum and an opportunity to attend conferences
and shows. All
members of the NAA abide by a strict Code of Ethics.
Sources:
auctioneers.org/schools
For over 60 years, Rabin Worldwide has been assisting companies
with creating
liquidity through
innovative solutions. We specialize in complex manufacturing facilities with
idle or marginally productive assets. Rabin’s operations include selling
surplus individual items, entire plants, or multiple plant locations by auction
or liquidation and much more. When you need to sell assets, realize your
maximum value by using the services of highly experienced commercial
liquidators.
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