Auction School
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An auction school is an institution or course of study that prepares an individual to become an
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 ex ...
.


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 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 al ...
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 lowest bidder. Some exceptions to this definition ex ...
.


References

{{Reflist *https://web.archive.org/web/20130806032756/http://www.auctioneers.org/about-naa *http://texasauctionacademy.com/the-course/catalog/ Course Catalog for Texas Auction Academy, an auction school located in the Dallas-Fort Worth Metroplex, listing required courses and a description of course content Auction schools