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The role of an Auctioneer involves the sale of good or services at the highest offer made, in the form of an action or bidding event. Auctioneers are therefore also responsible for organising the goods available and promoting the sales of the goods or services in advance, to a target audience. In terms of construction-specific auctioneering, dedicated Auctioneers will value and sell properties or land.
Key responsibilities of Auctioneering positions involve:
- Arranging auction events and market the goods to attract the right target audience to bid
- Identify the market value of the land, properties, or buildings
- Manage the auctioneering process from start to finish
- Organisation and completion of compensation assessments
- Demonstrate an up to date understanding of the market
Construction auctioneers must possess excellent attention to detail whilst also being able to think analytically and have sound knowledge of mathematics. Exceptional communication skills are preferred for auctioneering positions and proficient use of computers combined with well-known software systems is essential.
Qualifications required for Auctioneering jobs
In order for individuals to secure a career within construction auctioneering, a relevant university degree is usually preferred such as Property Development and Valuation, Real Estate Management or Quantity Surveying. However, auctioneers can also get into the industry by completing an apprenticeship or conduct a graduate trainee auctioneer scheme dependent on the company you work for.
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