How to Become an Auctioneer
Step 1: Understand the job description and responsibilities of an Auctioneer
What does an Auctioneer do?
AN Auctioneer assists in purchasing materials, supplies and services at the most favorable terms for the organization. Qualifies vendors, evaluates bids, and negotiates prices and terms for purchased goods and services. Being a Auctioneer tracks purchases, monitors vendor quality, and maintains a current database of vendor information. May require a bachelor's degree or its equivalent. Additionally, Auctioneer typically reports to a supervisor or manager. The Auctioneer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Auctioneer typically requires 0-2 years of related experience.
A good auctioneer creates a lively atmosphere and encourages higher bids.
Auctioneers aren't expensive, but their cost isn't the only cost you need to consider.
A good auctioneer can make the difference between a successful sale and a less successful sale or no sale at all.
State Auction Laws & Auctioneer Licensing Requirements.
While some states may not specifically require an auctioneer license, there may be other requirements for operating an auction business in the State or various local jurisdictions.
Step 2: Learn best tips to become an Auctioneer
Best tips for those who want to become an Auctioneer
Here are some tips to become an Auctioneer.
Focus On Unlocking New Auctioneers.
Look At The First Three Numbers When The Stakes Get High.
Don’t Let The Bidding Stress You Out – Take A Break.
Remembering your numbersWhen it comes to taking bids, some people are good at numbers and some struggle.
PreparationIt’s important to have a plan for how the auction will unfold.
Step 3: View best colleges and universities for Auctioneer
Best colleges and universities for Auctioneer
- Butler University
- Taylor University
- California State University--Maritime Academy
- William Jessup University
- Fairfield University
- United States Merchant Marine Academy
Step 4: Think about whether is it worth to be an Auctioneer
Is being an Auctioneer Worth it?
Mr Owuor and Mr Muiruri were contributing to a Lifestyle conversation about people who deal in money and people’s property — auctioneers, shylocks and debt collectors.
With such life-shattering transactions they involve themselves in, and with the all-too-common rumours about the underhand dealings that happen in the sale process, it would be impossible not to be suspicious of auctioneers.
A look at court cases involving banks and auction firms reveals some of the reasons why many people have a bone to pick with auctioneers.
Once you advertise, you won’t determine who comes,” says Mr Joseph Kahoro, who has been running Upscale Auctioneers for seven years.
Responding to another belief that auctioneers plant buyers to announce high bids to push prices up, Mr Kahoro says the blame lies elsewhere.
Step 5: Prepare relevant skills for being an Auctioneer
What skills do you need to be an Auctioneer?
Management often looks to professional level roles for execution on their visions and goals, as such some specific skills are required. The workload of this role requires knowledge of: Negotiation, Procurement, Supplier Evaluations & Certification, Supplier Management, Vendor Management. If you highlight these skills during your interview process, you will be more likely to land the job!
Auctioneers are paid in a variety of ways and are generally not required to disclose their method of compensation nor amounts to the public, unless their auction involves entities such as government, a court-order, or the like.
A well-written resume sample for Auctioneer focuses on skills like knowledge of the merchandise they sell, organization, networking, public speaking, a professional manner, integrity, and confidence working with money.
Most people think of the insanely quick-yet-clear speech of the auctioneer as their main skill, but there's much more to it than that.
These courses will help prepare you for the various roles required as an auctioneer.
Many organizations, including at state level, provide testing opportunities for auctioneers to prove their expertise.
Step 6: View average salary for Auctioneer
How much does an Auctioneer make?
The average salary range for an Auctioneer is from $55,124 to $67,408. The salary will change depending on your location, job level, experience, education, and skills.
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View average salary for the United States
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Step 7: Find relevant Auctioneer jobs, and apply.
Looking for Auctioneer jobs?
Here are some Auctioneer jobs in the United States.