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Bloodstock Agent
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with these Jobs
Before an auction, auctioneers may be required to
inspect a property or goods for sale and arrange any necessary advertising
to promote the auction. They also discuss with vendors the lowest price for
ANZSCO description: 611111 Conducts sales of real estate, goods and livestock by taking offers from buyers and accepting the highest purchase price (registration or licensing is required). Specialisations:
Antiques Auctioneer, Livestock Auctioneer, Plant and Equipment Auctioneer,
Real Estate Auctioneer, Vehicle Auctioneer
Knowledge, Skills and Attributes
An auctioneer needs:
Duties and Tasks
Working conditions Auctioneers may be required to travel to inspect property or merchandise, or to visit prospective clients. An auctioneer may have to work outside if auctioning livestock or real estate, otherwise inside. They may have to work evenings and weekends, visiting properties or merchandise and conducting auctions. During auctions they need to be confident as they must stand before often large groups of people. They need to be thoroughly familiar with the property or goods they are offering for sale so they can recommend a realistic reserve price to vendors.
Education and training/entrance requirements You can work as an auctioneer without any formal
qualifications and receive training on the job. Opportunities Auctioneers are employed by auctioneering firms,
valuers or real estate agents, stock agents and produce firms. Some work
alone or in partnership as consultants. Many people gain experience as an
auctioneer's clerk before becoming an auctioneer. Employment opportunities
for auctioneers may change during periods of economic growth, although work
is still available during periods of low growth, particularly when firms and
individuals become insolvent and have to sell their assets to pay off debts.
There is also a shift within the industry towards greater use of the
internet and online auctions.
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