Pay for auctioneers varies :
Most auctioneers get paid on commission, so how much they earn depends on the value of the sales at the auctions they conduct.
Some, such as real estate auctioneers, might get a flat fee of about $400 an auction.
Some auctioneers own their own business, so how much they earn depends on how well their business is doing.
A few experienced auctioneers are paid a salary, which is usually about $100,000 a year or more.
Auctioneers often supplement their income by doing other related work. For example, a real estate auctioneer might also be a real estate agent.
This information is a guide only. )
What you will do
Auctioneers may do some or all of the following :
inspect goods for auction and estimate their value
keep a database of goods for auction
arrange the place, date and advertising for an auction, and create and distribute auction catalogues
group items into lots for sale, and decide what order lots will be sold at the auction
provide information on goods to buyers
call for bids and look for bidding signals
help arrange finance for payment of goods or insurance
keep a record of sales.
Skills and knowledge
Auctioneers need to have knowledge of :
the details of the products they are selling
product trends and their market values
the Auctioneers' Act and other relevant legislation.
may work irregular hours, including evenings and weekends, depending on timings of auctions
work in offices and auction rooms, or on the site where the auction is being held such as wool stores, stockyards, and fruit and produce markets.
There are no specific training requirements to become an auctioneer. However, you must be registered as an individual auctioneer or employed by a company that holds auctioneer registration before you can practise.
Learning on the job and through online courses
Most auctioneers learn how to conduct auctions through being an auctioneer's understudy or a bidding assistant.
Auctioneers can take online training courses from Australia, as there are no courses based in New Zealand. Some auction houses also run in-house training courses.
NCEA Level 2 maths and English is usually preferred.
Auctioneers need to be :
excellent at public speaking and holding people's attention
observant, willing to learn
persuasive and persistent
able to work well under pressure, think quickly, and show initiative
patient and trustworthy
good with numbers
skilled at organising and making decisions.
They also need to have a good memory.
Useful experience for auctioneers includes :
work as an auctioneer understudy or bidding assistant, clerk or auction room attendant
office work in an auction house
work in specific industries in which auctions are held - for example, working with livestock is useful experience for stock and station auctioneers
Auctioneers need to have :
a clear, distinct and strong voice with no speech impediments.
good eyesight (with or without corrective lenses)
reasonable fitness levels as they often have to help move heavy items such as furniture
a neat and tidy appearance when auctioning from the stand.
Before you can work as an auctioneer you must be :
registered as an individual auctioneer
or employed by a business that holds company auctioneer registration.
If you are employed by a company, you must not be disqualified from practising under the criteria for individual auctioneer registration.
However, you may also still choose to register as an individual auctioneer, even though you are employed by a registered company.
You may be exempt from registration if you are already a licensed real estate agent and auctioning land or property.