Auctioneering

Discuss with your counselor the history of auctions worldwide. Cite where these auctions were held and the types of items sold.

Describe to your counselor the different roles in an auction.

Describe to your counselor the differences and similarities between the auction method and the traditional method of sales.

With permission from your parents or Guardian, contact a professional auctioneer and record an interview with the auctioneer that lasts approximately 5 to 10 minutes. Do one of the following:

Shadow that auctioneer for a day and discuss with your counselor what you learned about auctioneering and being an auctioneer.

Attend a live auction of any type. Take notes on what is occurring during the auction and how the auctioneer interacts with the bidders, and discuss them with your counselor.

View an online auction until the sale is concluded and discuss it with your counselor.

Discuss with your counselor:

Types of assets sold at auction

Types of customers you would be selling these assets for

List the types of auction formats and the benefits of each and why an auctioneer might sell something through an online auction versus a live auction versus a simulcast auction

Develop and practice your auction chant. Perform the auction chant for your counselor and at a unit meeting.

Plan a simple live or online auction at your unit meeting and document the steps from start to finish.

Describe for your counselor the steps you can take to become involved in the auction industry, both as a youth and an adult. Investigate and describe to your counselor what it takes to become a professional auctioneer, including

Auction Schools

Licensing

Future Career Paths

Complete the survey below to complete the test lab requirements