Auctioneers
Overview
Introduction
Auctioneers appraise, assemble, and advertise goods, which they subsequently sell to the highest bidder during an auction. They act as salespeople for the family, company, or agency selling the items to be auctioned. Depending on their area of expertise, they may auction off anything from a rare book to an entire office building.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
In July 2024, Payscale.com reported the median salary for auctioneers was $60,000; average salaries ranged from $41,000 to $100,000. In June 2024, GlassDoor.com reported that auctioneers earned average salaries of $65,528. On a daily basis, pay ranges between $100 and $2,000.
Auctioneers usually are paid on commission, earning a percentage of the sales, and/or via a fee that is paid by t...
Work Environment
Auctioneers often travel to an assignment, where they may encounter a wide range of working conditions. Auctions are held year-round. They take place in cities and small towns and occur in all types of weather. Auctioneers may work inside in a large hall or outside during a state fair. The type of goods being sold may also dictate their working conditions. For instance, farm equipment is common...
Outlook
The outlook for auctioneers is good, especially for those who have developed a specialty, such as real estate. Auctioneers with polished skills and a strong delivery usually have little trouble finding work. For an ambitious auctioneer who is willing to travel to various locations and invest time to gain experience, regular employment is possible, either as an independent auctioneer or as a sta...