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The Ohio Auction School was founded in 1999 in accordance with the laws of the State of Ohio to provide auctioneer pre-licensing education. Mike Brandly, a Columbus Ohio Auctioneer, [ 8 ] assumed the role of Executive Director; Lisa Mantle was designated the school’s Administrator.
The school currently offers a ten-day auction training class three times a year in their Auburn, Indiana location at Kruse Plaza. The Reppert School of Auctioneering has had graduates from every state in the United States, as well as multiple foreign countries, and is the nation's longest continually operated auction school, with classes every ...
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 ...
The National Auction Association (NAA), founded in 1949, is an advocacy group representing auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States. Its headquarters is located at 8880 Ballentine, Overland Park, Kansas, 66214, USA.
An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.
Sotheby's Institute of Art was founded by Sotheby's auction house in London in 1969. Initially, the Institute served as a training program for auction house employees and provided lessons in connoisseurship. Auction house experts and professionals often serve as Sotheby's Institute of Art faculty and guest speakers. [14]
Online auto auctions are also growing in popularity. One of the most popular online auctions to buy cars from is eBay Motors. [13] On eBay Motors, any user can create an account and put their vehicle(s) up for auction even if they are from a state that only allows closed auctions. There is usually a fee associated with selling a vehicle on eBay ...
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...