How to Become An Auctioneer South Africa

An auctioneer is a person who manages an auction, or a public sale at which people can bid on items.

Below is How to Become An Auctioneer South Africa

THE SOUTH AFRICAN COLLEGE OF AUCTIONEERING:  (Gauteng, CT, Bloemfontein & Durban)

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What qualifications do you need to be an auctioneer?

The entry requirements to become an auctioneer vary, but employers typically look for outgoing people with good communication and numerical skills, and the ability to work well with others. Part-time courses for professional qualifications are available, and entrants are likely to need good GCSE’s/S grades (A-C/1-3).

How do I start an auction business in South Africa?

To start a business in the auctioneering you need to be qualified as an Auctioneer. It is not difficult to do. You can work for an auctioneer and learn the business while you are employed, or you can attend the South African College of Auctioneering.

Are Auctioneers in demand?

In terms of demand, the future of auctioneering looks very much like the present. Continuous turnover of estates, farm equipment changing hands, and charities’ increased reliance on donations of goods and services to raise money as opposed to receiving straight capital–all provide a steady market for auctioneers.

How hard is it to become an auctioneer?

Even though about one-half of the United States requires licensure and related pre-licensure schooling (usually 10 days) and testing, quite frankly it is easy to become an auctioneer in the United States, no matter where you live.

Do auctioneers make good money?

Auctioneers do more than initiate bids and chant at breakneck speeds. They must also market the auctions through advertising and public relations, appraise the items being sold and finalize the sales. For their efforts, they earn average annual incomes of just under $50,000.

Do you need a Licence to be an auctioneer?

Any premises used for public auctions must be registered under the Greater London Council (General Powers) Act 1984 Part VI, unless the auction is a one day charity event. In this case, proof of charity status will be required. The licence is valid for one year.

How does auctioneer get paid?

Some of the ways they receive payment include: Commission: Auctioneers often charge a commission, representing a percentage of the auction’s gross sales. A 10% to 15% commission is typical for this profession. For example, an auctioneer may charge a 10% commission or a $1,200 minimum fee.