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Auction School
An auction school is an institution or course of study that prepares an individual to become an auctioneer. Requirements Many U.S. states regulate the auction industry, and require that (among other things) an individual attend an approved auction school in order to obtain a state auctioneer's license. One such school is the Walton School of Auctioneering. Course of study The practice of auctioneering involves more than the well-known auction chant heard at most auctions in the U.S. In addition to learning the chant, a typical auction school will provide instruction on the legal requirements involved with auctioneering as well as instruction on how to conduct various types of auctions (livestock, real estate, government, etc.) and how to start and operate a successful auction house An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowes ...
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Auctioneer
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, and ...
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Walton School Of Auctioneering
The Walton School of Auctioneering is an auction school in Medina, Ohio, United States. History The Walton School of Auctioneering was opened in 1989 and is a subsidiary of Walton & Associates Inc. Walton is the oldest operating auction school in Ohio, and focuses on teaching the business of auctioneering. The school emphasizes the basics of education as required by state licensing agencies as well as information on starting out in the business. Class sizes are limited to 20 students per class to allow instructors to focus on the students. The Walton School of Auctioneering is Ohio's largest auction school, with over 800 graduates. The Walton School of Auctioneering is headquartered in Medina, Ohio (approximately 33 miles south of Cleveland and 23 miles west of Akron). Curriculum The Walton School of Auctioneering curriculum is structured to meet state licensing requirements and help students get off to a fast start in the profession by teaching basic skills in the following 14 ...
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Auction Chant
Auction chant (also known as "bid calling", "the auction cry", "the cattle rattle", or simply "auctioneering") is a rhythmic repetition of numbers and "filler words" spoken by auctioneers when taking bids at an auction. Auction chanting is an almost universal method of conducting live auctions in North America where it is practiced in English language, English, Spanish language, Spanish, French language, French and other languages. It is much less common outside North America , and the most notable exceptions within North America are auction houses with significant ties elsewhere in the world such as art dealer, art brokerages. The chant consists of at least the current price, the asking price to outbid and words to keep the audience engaged. Auctioneers typically develop their own style, and competitions are held to judge them. Outside of auctions, the chant has been the subject of music and used in commercials and film. Description The auction chant is a repetition of two num ...
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Auction House
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, and ...
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