Advancement Prospects
Professional auctioneers must have a reputation for skilled and honest performance. Since most auctioneers get paid by commission, they may decide to specialize in selling real estate, farm equipment, or artwork—areas that are likely to bring in more revenue for less preparation and shorter presentations.
Auctioneers who work with auction houses may move up the ranks and obtain more prestigious assignments. Others might start their own auction businesses. Auctioneers also advance as they develop their knowledge in specialized areas. Some move into different lines of work but keep auctioning as a side job.
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