Auctioneers sell items to the highest bidder. Usually, sellers will supply items to be auctioned. Auctioneers can deal with various types of items, such as artwork, cars, and electronics. Many auctioneers attend a school in order to become proficient in the trade. Proficiency includes being able to speak quickly in order to move the bidding process along at a rapid pace.
An auctioneer needs to inspect the item being auctioned for quality so that he or she can adequately describe it. It may also be important to be knowledgeable in the specific type of items being auctioned. Some auctioneers work online and sell items through auction websites. An auctioneer may be assisted by a clerk who helps by scanning the crowd for buyers, verifying invoices, keeping records, and collecting payments. Some auctioneers use the auction clerk position as a stepping stone to becoming an auctioneer. Auctioneers at smaller auction sites will sometimes perform these tasks by themselves. Marketing skills are very important in order to increase audience turnout at auction events.
The job may require travel in order to be present at various auction events. Generally, a high school diploma is needed in order to become an auctioneer. When auctioning is done for commercial purposes, licensing is required in many states. The licensing usually requires experience, apprenticeship, and/or schooling before taking a licensing exam. Some auctioneers work for auction companies, while others start their own businesses, auctioning off items for themselves or for clients.
Examine and research objects being sold to accurately appraise their value.
Oversee the advertising of auction times, locations, and types of objects being sold.
Run auctions by introducing items, accepting bids, and declaring the winning bid.