International School of Auctioneering

 

Frequently Asked Questions

To download the printable Application Form - Click HERE


QUESTION: What is the International School of Auctioneering?
International School of Auctioneering offers you a complete basic auctioneering course combined with our Cashiering course. It is a correspondence school designed for students, who cannot take a two week leave of absence from their jobs, and cannot afford lost salaries, and possibly as much as several thousand dollars of expenses, depending upon your area, to attend a resident auction school. Because we do not need large buildings for classrooms, or to house students, the enrollment fee and tuition for International School of Auctioneering is kept very reasonable.

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QUESTION: How can I become an auctioneer by taking this course?
Compact discs, from different instructors, auctioneers, and auction sales, will teach you, by using the fast easy way that has been perfected for you to learn the auction chant. Many students have proven, that you can be chanting within hours, by using this method. After you develop a chant, you need to record it and send it to your instructor. He will listen to your sample tape, and record on your tape, his comments for your improvement. You may record your questions on your check tapes, and your questions will be answered, by your instructor. This course offers you the basic knowledge you will need to be an auctioneer. The auctioneer's manual, you will be receiving, explains all types of auction sales: real estate, farm machinery, household, antique, auto, and livestock. It gives you valuable tips and tricks of the trade on getting and conducting these sales. Many of the tips took years of first hand auctioneering experience to learn. You will receive CD's with drills (to teach you the auction chant) and lecture CD's about perfecting your chant, conducting different kinds of public sales, and tips on how to liven up a sale and keep your audience and buyers excited. You will have the advantage of playing these lectures over and over (something you could not do if you attended a resident school.)

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QUESTION: How long does the Correspondence course take to complete?
That depends entirely upon the amount of time you devote to your practice and study. Usually, students complete the course in about five weeks, working a few hours a day, but you work at your own pace according to what you have time for. Much of this time is devoted to practice of the drills and developing a good auction chant, and you will be able to practice while going about routine tasks. The course must be completed within one year of the enrollment date, unless a student requests an extension, in writing.

Any student who does not complete the program within one year, and later desires to finish the course, must make this request in writing.

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QUESTION: What kind of money can I make as an auctioneer?
There is probably no correspondence course that has the potential to make more money than a course in auctioneering does. The amount of success you can have is unlimited, depending upon how much effort you are willing to put into it and your ability to make productive business contacts. Most auctioneers are self employed and handle household, antique, farm machinery, business liquidation and real estate sales. Most work on a commission. The percentage of commission varies depending upon what you are selling. The usual commission charged on household, antique, business liquidation, and etc. is 25 to 32 percent (depending upon the services you are to provide.) On real estate and farm machinery auctions, commissions can run 5 to 10 percent. For example, a $200,000 farm machinery sale, sold at a charge of only 5 percent would earn the auctioneer $10.000. Certainly, this is not bad for an auctioneer who has gained his knowledge and developed his skills at home through the International School of Auctioneering.

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QUESTION:What is the Clerking And Cashiering Course?
The Clerking and Cashiering course teaches you how to clerk a sale, and balance a sale. In order to run a successful auction company, you need to know all the money end of the business as well.

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Question: What are the requirements for becoming a student of the International School of Auctioneering?

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QUESTION: After taking the course, what are the requirements for receiving my diploma?
When you feel you have developed a workable chant, you send a final cassette tape or cd of your auction chant to your instructor for his approval. If he feels you need further help, he will instruct and help you until he does approve it. If he feels your chant is adequate to have sales, you will be sent a written test on what you have learned. When you pass the test with a grade of 80 or above, and you have completed the course to our satisfaction, you will be awarded your diploma.

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QUESTION: How do I determine my individual Provincial or state requirements to become an auctioneer?
Generally, this information is available from your provincial licensing office, or by contacting your auctioneers association. Remember that provincial and state laws are always changing, so you should always keep updated of any new local laws and regulations.

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QUESTION: How do I get an auctioneer's license after completing the course?
In many provinces, you purchase an auctioneer's license at the city, or town licensing office in the town or city you live in. Generally, a course in auctioneering is sufficient preparation to become a licensed auctioneer, however, provincial, and state laws differ. Many of these provinces require graduating from an approved auction school.

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To download the printable Application Form - Click HERE