AUCTIONEERS manage public sales where property or merchandise is sold to the highest bidder. Auctioneers sell real estate, antiques, coins, livestock, tobacco, dolls, jewelry, art, and many other things. Auctioneers must place a value on each item. They work with the sellers to prepare items for auction. They assemble items either in lots or individually, depending on their value. Auctioneers conduct the bidding and point out special features of the items for sale. They try to get the highest price for the sellers. An important part of an auctioneer's career is selling his/her own services.
Salary, Size & Growth
- $51,500 average per year ($24.75 per hour)
- A very large occupation (1,172,100 workers in 2010)
- Expected to grow slowly (0.5% per year)
AUCTIONEERS should have at least a high school diploma. Most auctioneers attend auction school to learn more about the industry and to develop bid-calling skills. Most states require auctioneers who sell real estate to be licensed as a real estate agent. Several states require an examination and/or apprenticeship as part of the licensing process. In some states, auctioneers must pass an examination, pay a licensing fee, and/or post a bond. The National Auctioneers Association (NAA) endorses the Certified Auctioneers Institute's certification for those who successfully complete three one-week courses (one course per year).