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Auctioneers Career Description

The auctioneers are the people who sell goods and fixed property by auction to the highest bidder.

What am I going to do in this occupation?

The selling of goods by auction is a career that has been practiced by both men and women for years.

The auctioneers act as go-between for the seller and the buyer. Almost anything can be sold by auction such as fixed property, cattle, furniture, antiques, books, documents, works of art and all forms of transport such as cars. The goods are usually from bereaved or bankrupt properties or liquidated companies. The auctioneers undertake to sell an owner's articles to the purchaser who makes the highest financial bid. The articles are numbered and put on display before the auction. Pamphlets with more information on the articles to be sold are available to all potential buyers.

A person who wants to bid on an item must register at the auctioneers and get a number to bid with. On the auction the auctioneers introduce each item individually to the buyers, during which they point out the good and bad qualities of each specific item.

A sales clerk, who is responsible for entering all sales in a sales register and receiving all cash payments made during the auction, assists the auctioneers.

After the auction the sales register is balanced and the return of the sales processed for payout to the seller. After the auctioneers have recovered their commission and expenses the seller receives their part of the profit.

Requirements

What kind of personality do I need? The auctioneers must be competent in the value assessment of articles. Communication skills are very important in this occupation. They should also be efficient in drawing up good selling advertisements, and be able to describe the items they sell very well. It is very important that the auctioneers maintain good relations with the public.

Where can I work?

At any auction company that sells property, cars, farm equipment and a variety of movable assets.

Can I work for myself in this occupation?

After a training period of at least four to five years, auctioneers can start working for themselves.

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