Auctioneer Business & Administration Technicians

Specifications of auctions and different auction types, e.g. open vs. closed auctions; bidding strategies such as chandelier bids, bid shading, etc.

Recommended Books

1 book

A Practical Treatise On the Law of Auctions

Patrick Fleming Evans, J…

2025

Nature of the items to be auctioned such as overstock furniture, real estate, livestock, etc.

The offered products, their functionalities, properties and legal and regulatory requirements.

Practise reasoning and apply simple or complex numerical concepts and calculations.

Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.

Ensure you are properly informed of the legal regulations that govern a specific activity and adhere to its rules, policies and laws.

Identify buyers of commodities and establish contact.

Identify sellers of commodities and establish contact.

Promote auction sales on radio and TV, in trade magazines, online and via catalogue distribution and other channels.

Arrange transportation, insurance, and safety and security regulations for goods to be sold at an auction.

Officially declare the items sold to the highest bidder; obtain the buyer's personal details in order to close the contract after the auction.

Compose auction catalogues with current items up for auction; include recent pictures and terms and conditions of the sale.

Set the starting bid for items to be auctioned, and continue to ask for more bids; stimulate buying desire of bidders.

Keep records of all the bids made during or after an auction.

Perform bid calling and develop an individual style with filler words and variable speed of speech.

Identify and set up location for auction; prepare and display auctioned items; prepare the auction room by setting seats and microphones.

Describe auction items; provide relevant information and discuss item history and value in order to encourage bidding.

Research and select products to be auctioned.

Set up a contract executed by the auctioneer and the seller; list the terms of the agreement and the rights and responsibilities of every party involved.

The history of art and artists, the artistic trends throughout centuries and their contemporary evolutions.

Take ownership of the handling of all complaints and disputes showing empathy and understanding to achieve resolution. To be fully aware of all Social Responsibility protocols and procedures, and to …

Pursue potential customers or products in order to generate additional sales and ensure growth.

Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet …

Master foreign languages to be able to communicate in one or more foreign languages.

Make use of various types of communication channels such as verbal, handwritten, digital and telephonic communication with the purpose of constructing and sharing ideas or information.

Transmit enthusiasm through words and attitude toward the present people to the auction towards the goods to be auctioned.