How to evaluate an Auctioneer: Official Questions to finding a Professional

By Myers Jackson, Professional Real Estate Auctioneer

Does the real estate auctioneer have an active auction and

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real estate license in good standing?

What real estate and auction designations does the auctioneer hold?

Are real estate auctions their full-time career?

What type of professional relationship does the auctioneer perform under (transaction brokerage or single agent)? In other words, which party is he or she representing--you or the buyer? Understanding the definitions of agency will help you know where you stand.

How effectively is the perspective auctioneer using a non-contingent contract?

In exchange for your commitment, how will the real estate auctioneer help you accomplish your goals?

Can they show you past results and references?

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Can the auctioneer provide you with a list of the duties he or she is performing and how they will help you meet your objectives?

Will the auctioneer provide you with an itemized list of the advertising on which they will be spending your money?

How will they make the most of your money?

Does the auctioneer understand the importance of utilizing traditional and innovative marketing techniques?

Does the agent have a thorough understanding of the intricacies on online marketing and search engine optimization techniques?

How proficient is the agent in providing feedback to you as a seller to keep you informed during the auction marketing process?

Is the auctioneer able to definitively identify and track interest generated from the marketing of the property?