Real Estate Auctioneers

In the world of real estate, auctioneers are needed to sell homes at auction that either become foreclosed upon or are sold as part of an estate sale. These auctioneers have a strong ethics code that supersedes state law requirements, and many join the National Association of Auctioneers, which is a nationwide organization that prides itself on integrity and the highest standards of training and ethics. As with most real estate related careers, each state will have different requirements for auctioneers to become licensed. However, all of them are subject to a few different criteria before they can even consider becoming an auctioneer.

First, applicants must be over the age of 18. Also, they must have a clean criminal background and pass a written test that is approved by the state in which they will work. An auctioneer must have an apprentice license for one year or more before applying for an auctioneer’s license. The classroom requirements are dependent upon the state that is involved, but generally has around 80 hours or more of class time required for a real estate auctioneer’s license. The courses will consist of general auction techniques, business courses, and how to conduct themselves in a professional and ethical manner in all aspects of their business.

Auctioneers are no longer the image of past years. Younger people are taking up this profession, and it isn’t just for country folk or a certain demographic. Professional auctioneers come in every shape, size, and gender imaginable, and can make a decent living in this career. There are designations within the auction industry that a licensee can earn, which will require a specific course of study and a licensing exam that proves their knowledge, skills, and proficiency in that special area or designation.

Certification by the National Auctioneers Association is not required for most auctioneers. However, it is an added bonus to the state licensure that they receive that can only serve to improve their credibility and their professional career. There is a 14-day program required to become a licensed professional approved by the NAA, which concludes with a written and oral examination that must be passed. The minimum requirements of state licensure are all that is required for an auctioneer to practice, but having the extra certification of the NAA is suggested by anyone in the industry and all state regulatory boards. Auctioneers are widely respected in the real estate community, as they are trusted members of their profession.

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