Do All Auctioneers Need a License?

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Surprisingly, the acknowledge to this interrogate is no. There are in effect 21 states that do not wish an auctioneer to have a license. This may not be foremost or even critical when it comes to in effect experienced auctioneers, but what about new auctioneers? They do not have the same wisdom or knowledge as those who have been in the firm for years. How does such a lack of regulation affect them and their potential customers?

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This particular statistic is rather astonishing because it seems to mean that in 42 percent of all states there is no oversight for the routine of hundreds of thousands of dollars worth of people's personal asset each year - personal asset sold by auctioneers.

In states where licenses are required there are ordinarily auction boards that carry on a pool of rescue funds. Complaints can be filed with these boards which can follow in censures or fines against any auctioneer that does not live up to his or her fiduciary responsibility. This allows buyers and sellers some recourse other than the courts. In states that have no licensing, it would appear that there are no such constraints on an auctioneer's performance or behavior.

Those living in one of the unregulated states, who may be inspecting a occupation in auctioning, might look upon this as a lucky break. However, chances are they are not as lucky as they might think. Reconsider how many sellers there are on eBay. Would there be as many if each of them had to get an auctioneer's license?

No licensing means that anything can be an auctioneer - just like on eBay. This could make looking a job as an auctioneer very difficult. The competition could be so stiff that the only way man could break into the firm would be to open up his or her own auction house. A freelance auctioneer shows up at an auction, calls the sale and then goes home. There is not much overhead involved. Opening an auction house is other matter and a truly high-priced undertaking, one that would have to be determined idea out.

Anyone planning on becoming an auctioneer in one of the 21 non-licensing states still might want to Reconsider attending an auction school. Just because a license is not required does not mean that an auctioneer can ignore the laws or codes of the state in which he or she is working. Any auctioneer, licensed or otherwise, needs to know how to properly show the way an auction. Without the critical skills, there is small Opening of a new auctioneer becoming successful.

Here is an alphabetical list of the 21 license free states: Alaska, Arizona, California, Colorado, Connecticut, Hawaii, Idaho, Iowa, Maryland, Michigan, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, Oklahoma, Oregon, Utah and Wyoming.

There are a incorporate of states that have not been settled on this list because auctioneers are required to be licensed if they are auctioning real estate. Also, in order to show the way a live auction, a permit could be required in some of the cities, towns or counties within these states. Before doing firm in any area, citizen should all the time check with their state or local agencies for a list of policies and procedures. Such things are all the time changing.

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