Find out everything you need to know about becoming an Auctioneer.

Job Title - Auctioneer

Description

An Auctioneer is a salesperson responsible for the selling of an owner's goods for example, cattle, cars, furniture, books, antiques and clothes. The seller can pay the auctioneer a salary or a commission (a certain percentage of the profit).

Typical Job Activities

Registers buyers and provide them with a number to bid with
Introduces and describes all the items or goods
Obtains the highest price for the seller, while at the same time, exercising care about the rights of the buyer

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Related Occupations

Executor
Trustees

Educational Requirements

Seniour Certificate

Compulsory subjects: None
Recommended subjects: African languages, Afrikaans, English and Accounting

What natural skills and/or aptitudes do I need for this occupation?

Have excellent physical health, eyesight and mobility
Have staying power
Be resourceful
Have a well-modulated voice and be able to speak clearly and rapidly
Be interested in people and have public relations skills
Have an inquiring mind
Have a strong personality
Be reliable, honest, trustworthy and responsible
Have self-motivation and initiative
Be fluent in two or more official languages

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In-Service Training

A prospective auctioneer must undergo intensive in-service training as auction clerk and general assistant at an auction company who is registered with the South African Institute of Auctioneers.

Training is four to five years. In this process he adopts his own personal auction character and method of carrying out his multiple duties. He comes into direct contact with auctions and sellers and buyers and learns what factors motivate them to sell or buy.

The training is predominantly practical.

Some form of extra training regarding sales principles and public relations would be of great assistance.

The school-leaver interested in an auctioning career works as a clerk until he is regarded sufficiently advanced to become an auction clerk and auction assistant. He then acts as sales clerk for approximately two years, depending on his own characteristics, willingness to learn, initiative and behaviour. He also becomes acquainted with the legal aspects of selling and buying, which are important aspects of this career.

Employment Opportunities

Moderate

Market Competitiveness

Low

Income Potential

Moderate

Self-Employment Options

High

International Employment Market

Low

Possible Employers

Medium or small Companies: Auctioneers generally act as agents for private sellers, Executors, Trustees, Attorneys, Banks, Realtors, Church organisations, Charitable organisations, Auction houses, Automobile dealers, and Livestock markets
Self-employed: Contractor, consultant, own practice, freelance

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Relevant Contact Details

The SA Institute for Auctioneers
http://www.auctioneering.co.za

Career Progress and Path

Experience in specific field
Work performance

Possible Career Paths

Specialist career in the specific field

Employment Stability

Not very stable

Reasons to consider this career

To work with people
To apply my special skills