Hiring an auctioneer isn't something that most people do on a regular basis. However, there are a few occasions where you find that you need the services of an auctioneer. Whether it's a charity auction, an estate sale, or a different type of event, hiring an auctioneer can make things a lot easier. However, there are a few things to consider before seeking out auctioneer services. Here are three tips that can come in handy when you hire an auctioneer for an event.
1. Know What's Included
One of the biggest mistakes that you can make when hiring an auctioneer is not being aware of what is included when it comes to the services offered. When it comes to auctions there are a lot of things that need to be done including the setup, appraising various items, and marketing the auction. Some of these things may be done by the auctioneer while other things may be your responsibility. When hiring an auctioneer it's important to have in writing what their responsibilities are and what services they are providing. Doing this will ensure that you have a successful auction.
2. Check Credentials
Another thing to consider when hiring an auctioneer is their credentials. Looking into their local reputation is always helpful and can give you a good idea of whether or not the auctioneer is the right fit for your event. Whether or not an auctioneer needs to be licensed varies from state to state. However, it's important to note that licenses are required in about half of all states for auctioneers. Before hiring an auctioneer you should check to see if a license is required. If a license is required, checking with your state's licensing board before hiring an auctioneer can be very helpful.
3. Shop Around
When hiring an auctioneer, shopping around and looking at various professionals can help you find the right auctioneer for your event. Prices can also vary depending on what services you need and the fees of the auctioneer themselves. While some auctioneers charge a flat rate, others prefer to charge a percentage of the gross profits. On average that percentage will be between 30 and 40 percent when the services provided by the auctioneer include setup, advertising, and pricing. No matter who you choose, make sure that you read the contract carefully before hiring an auctioneer.
For many events, a professional auctioneer can come in handy. When hiring an auctioneer it's important to know what services they offer in order to determine if they are the right choice for your event. Checking credentials before hiring is key. Some states require a license while others do not. Shopping around can also help you find an auctioneer that is right for both your event and your budget. To learn more, contact a company like Campbell Auctioneers & Appraisers, LLC.