Auctioneers


Overview

Auctioneers

Introduction

Auctioneers appraise, assemble, and advertise goods, which they subsequently sell to the highest bidder during an auction. They act as salespeople for the family, company, or agency selling the items to be auctioned. Depending on their area of expertise, they may auction off anything from a rare book to an entire office building. 

Quick Facts


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Median Salary

$60,000

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Employment Prospects

Fair

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Minimum Education Level

High School Diploma


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Experience

Several years of part-time experience


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Skills

Business Management


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Personality Traits

Organized

Earnings

Part-time auctioneers may earn close to $10,000, while full-time auctioneers typically earn more than $24,000. The best-paid auctioneers can earn $50,000 to $100,000 or more. On a daily basis, pay ranges between $100 and $2,000. In August 2019, Payscale.com reported the median salary for auctioneers was $60,000; average salaries ranged from $23,000 to $162,000.

Auctioneers usually are pa...

Work Environment

Auctioneers often travel to an assignment, where they may encounter a wide range of working conditions. Auctions are held year-round. They take place in cities and small towns and occur in all types of weather. Auctioneers may work inside in a large hall or outside during a state fair. The type of goods being sold may also dictate their working conditions; for instance, farm equipment is common...

Outlook

The outlook for auctioneers is good, especially for those who have developed a specialty, such as real estate. Auctioneers with polished skills and a strong delivery usually have little trouble finding work. For an ambitious auctioneer who is willing to travel to various locations and invest time to gain experience, regular employment is possible, either as an independent auctioneer or as a sta...

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