Course Offerings

Are you ready to become an auctioneer? Taking bids now! This course provides a working knowledge of the auction business, including conducting auctions, ethics, contract drafting, bid calling, basic mathematical computations and percentages, advertising, settlement statements, and laws and rules related to auctioneering. Upon completion, students can take the license exam offered by the North Carolina Auctioneer Board.

Course Objectives

Learn the standards and rules of auctioneering

Learn the bid processes required for auctions

Learn the math and requirements for becoming an auctioneer

Outline of Instruction

Bid Calling, Voice Control, Proper Breathing Techniques and Use and Sequence of Numbers (15 hours)

Advertising and Marketing (4 hours)

Auctioneers Law and Rules and Regulations (8 hours)

Uniform Commercial Code (2 hours)

Drafting and Negotiating Contracts (2 hours)

Closing Statements and Settlements (2 hours)

Accounting and Mathematics (8 hours)

Auctioneering Ethics (2 hours)

Handling Sale Proceeds and Escrow Accounts (2 hours)

Auction Preparation and Setup (2 hours)

Review and Testing (3 hours)

Supplemental topics: Antiques, Heavy Equipment, Real Estate Automobiles, Technology Cattle and Livestock, Environmental Issues, Public Speaking, Computers, Estate Sales, Firearms Appraising, Foreclosure and Bankruptcy Sales, Sales Tax Requirements, Art, Rugs, Jewelry Ring Work, Body Language, Consignment Auctions, Farm Machinery, Cyber Security and Client Property Protection (30+ hours)

Contact Hours

96

CEUs

1

Industry Standard, State or National Certification

Certification

North Carolina Auctioneer Board

Website

http://www.ncalb.org/

Certification Learning Outcomes/Requirements

Working knowledge of the auction business including conduct of auctions, auctioneering ethics, contract drafting, bid calling, basic mathematical computations and percentages, advertising,
settlement statements, and laws and rules that relate to the auctioneering profession; the provisions of the licensing law.

CE or CU Articulation

No

Prerequisites

None

Learning Supplies Needed

None

Clinical Site/Special Facilities

None

Requirements for Successful Completion

90% attendance
Pass end-of-course test

Accreditation/Special Approval Requirements

N/A

Intended Audience

This course prepares students to be Auctioneers.

Specific Industry or Business Support Needs

Auctioneer

Wake County Need for Industry Positions

N/A

Industry or Job Titles Related to Training Outcomes for Employment

Auctioneer

Related Courses

Course Contact Information

Community & Career Education Staff
919-532-5700
[email protected]