Sunday, June 24, 2012

Do All Auctioneers Need a License?

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Surprisingly, the sass to this question is no. There are no ifs ands or buts 21 states that do not want an auctioneer to have a license. This may not be leading or even important when it comes to no ifs ands or buts 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 work on them and their possible customers?

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This particular statistic is rather remarkable 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 normally auction boards that administrate a pool of rescue funds. Complaints can be filed with these boards which can consequent 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 execution or behavior.

Those living in one of the unregulated states, who may be considering a career in auctioning, might look upon this as a lucky break. However, chances are they are not as lucky as they might think. Think 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 seeing 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. Opportunity an auction house is other matter and a truly high-priced undertaking, one that would have to be determined thought out.

Anyone planning on becoming an auctioneer in one of the 21 non-licensing states still might want to Think 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 escort an auction. Without the important skills, there is dinky Opportunity 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 integrate of states that have not been located on this list because auctioneers are required to be licensed if they are auctioning real estate. Also, in order to escort 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, population 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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