Hire the best Auctioneers in Prahran
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Phillip Caldwell Auctioneers
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Bonhams & Goodman
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Acquisitions Antique Dealer
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Soo Tze Oriental Antiques
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G D Mcphee Pty Ltd
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Geoffrey Hatty Applied Arts
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Max Leclerc Antiques
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Kazari
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Education and studies to become an auctioneer
To become an auctioneer, it is generally necessary to follow specialized training and obtain a recognized diploma in the field. Auctioneer training is offered by specialized schools such as the National School of Meteorology and Environment (ENME) or the National School of Bailiffs (ENHJ). These schools offer two to three-year training programs that include theoretical and practical courses on topics such as liquidation, object sales, auction management, auction realization, and sales promotion. Auctioneers are often responsible for directing auctions of various goods such as artwork, furniture, jewelry, vehicles, etc. They are responsible for the sale of goods, auction execution, and allocation of lots to buyers. They may also be called upon to work as part of judicial liquidations, in collaboration with bailiffs and high courts of appeal (TGI). Auctioneers are regulated by law and must be registered on an auctioneer order list. To be admitted to this list, they must hold a recognized diploma and meet certain conditions of independence and honorability. Auctioneers carry out their activity within auctioneer companies (SCP), which are responsible for the organization and implementation of public auctions. The profession of auctioneer is exciting and demanding, and it requires a great knowledge and understanding of the art and auction market. Auctioneers must be able to determine the value of goods for sale, advise buyers and sellers on sales conditions, and negotiate prices skillfully. They must also be able to effectively manage client relationships and professionally direct auctions. Finally, auctioneers must be able to work under pressure and respect the deadlines and auction rules.
The field of activity of an auctioneer
The field of activity of an auctioneer is very wide and includes several types of auctions and auction houses. An auctioneer can work in an auction room or an auction house, where he organizes and directs public sales of various types of goods, such as 19th century furniture, decorative art, art objects, ancient books, stamps, and manuscripts. As a judicial auctioneer, he may also be responsible for selling seized goods or those from successions or judicial liquidations. An auctioneer may also be called upon to appraise goods before their auction sale and advise buyers and sellers on reserve prices and value estimates. Auctions can be organized on online sites, in auction halls, or in auction hotels, and can be open to the general public or reserved for collectors or professionals. Voluntary furniture sales are very common and allow individuals to sell their furniture and furnishings in a simple and fast way. Voluntary sales advisory councils are bodies responsible for regulating auctions and ensuring their transparency and fairness. Notaries and high courts are also involved in auctions, especially when it comes to judicial sales or successions. Buyers and bidders can consult catalogs and calendars of upcoming sales to find out about the goods up for auction and the conditions of the sale. Auctions can excite passions and sometimes lead to overbidding or bidding frenzy when several bidders are willing to pay high amounts to get the desired item. Auctions can also take place "off the record", that is to say, outside any regulated framework, but in this case, it is important to be careful and inquire about the value and authenticity of the item for sale. Auctioneers play a key role in the organization of auctions and the transparency of the sale, and are there to advise buyers and sellers and ensure that the sale is conducted fairly.
Why hire an auctioneer?
An auctioneer is a person authorized by the state to organize and conduct public auctions. These auctions can involve various types of goods, such as furniture, decorative art, antiques, stamps, or artwork. An auctioneer can work in an auction house, a salesroom, or an auctioneering company. Hiring an auctioneer can be useful in different situations. For example, if you wish to sell a house at auction, an auctioneer can help you set a starting price and find potential buyers. If you are a buyer, an auctioneer can help you participate in a public or organized auction, bid on the goods you are interested in, and finalize the purchase. Public auctions are open to the general public and are organized by voluntary auctioneering companies or municipal credits. They can involve goods seized by customs or goods from judicial liquidations. Organized auctions, on the other hand, are reserved for certain buyers or professionals and can be organized by auction houses or judicial auctioneers. It is important to research the auction house and auctioneer organizing the auction in order to ensure their reliability and professionalism. It is also recommended to research the goods you are interested in, examine them carefully, and, if necessary, request appraisals to determine their true value. Finally, it is advisable to set a maximum budget before participating in an auction, so as not to be tempted to bid beyond your means. There are numerous auction houses and online auction sites that regularly offer public or organized auctions. You can consult their sales calendars and online catalogs to find upcoming sales and goods for sale. Don't hesitate to contact them for more information or to request help in your search to buy or sell goods at auction. Auctioneers and auction houses are experts in assessing and selling goods at auction and can provide valuable advice and assistance. It is also possible to hire an auctioneer to conduct a private auction, for example when you want to sell a collection of objects or an estate. The auctioneer will then conduct a study of the collection or inventory, set a starting price, and find potential buyers. They can also help you estimate the value of your goods and determine the best time to put them up for auction. In summary, hiring an auctioneer can be a practical and secure solution for buying or selling goods at auction. These professionals are authorized by the state and have the expertise and experience necessary to organize and conduct public or private auctions effectively and transparently. If you want to participate in an auction or sell goods at auction, don't hesitate to hire an auctioneer to help you along the way. How does an auction work, and what is the principle of an auction? An auction is a sales process where goods are put up for auction and the highest bidder becomes the purchaser of the item. This can be public or private, and is often announced in advance in a sales calendar, which indicates the date and location of the sale as well as the list of goods for sale. To participate in an auction, you generally need to register in advance with the auction house or voluntary sales council organizing the auction. Visitors can then go to the auction room or to the auction site to view the goods for sale and get an idea of their value. The goods are usually displayed a few days before the auction, so that potential buyers can examine them more closely and request appraisals if they wish. On the day of the auction, the auctioneer takes the floor and presents each item for sale. They announce the starting price, called the "reserve," and bidding can then begin. Bidders can bid against each other until the last bidder wins the item in question. Auctions can take place in different ways, for example by hammer or by order of purchase, and buyers can bid in person or by using purchase orders. There are several types of auctions, such as public auctions, which are open to the general public, organized auctions, which are reserved for certain buyers or professionals, and telephone or online auctions, which allow bidders to participate remotely. Auctions can also be judicial, in the case of seizures or judicial liquidations, or voluntary, when an individual or company decides to sell their goods voluntarily. It is important to research the auction house and auctioneer organizing the auction in order to ensure their reliability and professionalism. It is also recommended to research the goods you are interested in, examine them carefully, and, if necessary, request appraisals to determine their true value. Finally, it is advisable to set a maximum budget before participating in an auction, so as not to be tempted to bid beyond your means.
How to find an auctioneer?
Here are some avenues to explore to find a qualified auctioneer who is authorized to organize and conduct auctions, whether they are public or private: - Online auctions: many online auction websites offer items of all kinds, from contemporary art to antique furniture to jewelry or cars. All you need to do is find the site that suits your interests and register to participate in the auctions. - Auction brokerage: if you have a specific item to sell and want to do so through an auction, you can contact an auction broker who will find the most suitable auction house and handle the sale for you. - Object appraisal: if you have a valuable item that you want to sell at auction, it may be wise to have it appraised in order to determine its value and set a starting price for the auction. - Attending auctions: if you want to buy an item at auction, you can inquire with auction houses to find out about upcoming public sales and participate. - Auction houses: there are many auction houses in big cities. Each has its specialty and regularly offers public sales of items of all kinds. You can inquire with those that interest you to find out about their upcoming sales and participate. - Public auctions: there are also public auctions organized by courts, such as sales at the court of appeals, held in auction rooms. These sales generally concern goods that have been seized by authorities to repay debts or that have been abandoned. - Municipal pawn shops: some cities have municipal pawn shops that organize auctions of seized property for non-payment of taxes or bills. You can inquire with your municipal government to find out if this exists in your city and how it works.
the rates of an auctioneer
The fees of an auctioneer depend on several factors, including the nature of the goods being sold, the type of sale (public or private), and the specialization of the auction house. Here are some factors that can influence the fees of an auctioneer: - Auction houses: auction houses specialize in a specific area, such as decorative arts or coins. Their fees can differ based on their specialization and the value of the goods being sold. - Online auction sites: many online auction sites offer various items at attractive prices. The fees for these sites generally depend on the value of the goods being sold and the commission charged by the site. - Consignment: when an auctioneer agrees to sell items for an individual, they typically charge a commission on the sale price, which can be fixed or proportional to the hammer price. - Utilities: some auctioneers specialize in the sale of utilities, such as trucks or construction equipment. Their fees may differ from those of general auction houses. - Highest bidder: in a sale to the highest bidder, the starting price is set by the seller and the bids increase until the item is sold to the highest bidder. In this case, the auctioneer generally charges a commission on the sale price. - Real estate: real estate auctions are organized by specialized auctioneers. Their fees can differ based on the value of the property being sold and the specific details of the sale. - Coins: auction houses specializing in coins often have different fees than those offering items of various types. - Hammer price: the hammer price is the price at which an item is sold at auction. It is generally influenced by the item's value and competition between bidders. - Judicial liquidation: in the case of judicial liquidation, a company's assets are sold at auction to repay creditors. The auctioneer in charge of the sale generally takes a commission on the sale price to cover their expenses. - Sold: if you wish to buy an item that has been sold at auction, you will need to pay the hammer price, which is the price at which the item was sold, as well as the commission of the auctioneer who organized the sale. - Organized auction: if you wish to organize an auction, you will need to pay the auctioneer's fees, which can be fixed or proportional to the sale price. - Furnishings: auctions of furnishings, such as furniture and decorative items, are very popular. The fees of auctioneers who organize this type of sale can vary based on the value of the goods being sold and competition between bidders. - Auction market: there is a very dynamic auction market, with many auction houses offering various items. The fees of these houses can vary based on their specialization and the value of the goods being sold. - Governmental: governmental auctions are organized by the Ministry of the Interior and mainly concern goods seized by law enforcement or abandoned. The auctioneer in charge of these sales generally takes a commission on the sale price to cover their expenses. - Inventories: when an auctioneer conducts a inventory of goods for an estate or judicial liquidation, they generally charge a commission on the sale price of the goods being sold at auction. - Sell at auction: if you wish to sell an item at auction, you will need to pay the auctioneer's commission to organize the sale. This commission can be fixed or proportional to the sale price.
How to choose a good auctioneer?
Here are some tips for choosing the right auctioneer: - Find out about the specialties of the auction house: some auction houses specialize in specific areas, such as decorative arts or real estate. If you want to sell or buy a specific item, it is wise to choose an auction house that has experience in that area. - Check the reputation of the auction house: don't hesitate to ask around and gather information from other people who have already used the auction house that you are considering. Ask them if they were satisfied with the service and if the items were sold for the right price. - Negotiate fees: don't be afraid to negotiate fees with the auction house you want to choose. If you are a regular buyer or have a big lot to sell, you can try to negotiate a reduced commission. - Check transparency of fees: before choosing an auctioneer, make sure they are transparent about the fees they charge. Ask them to provide you with a list of their rates and make sure you understand what is included and what is not. - Ask for quotes: don't hesitate to ask for quotes from several auction houses to compare prices and services offered. This will allow you to find the auction house that best suits your needs and your budget.
Questions to ask an auctioneer during the first contact
- How does your sales process work, and how long does it usually take? - What are the fees associated with the sale, and how are they calculated? - Can you give me examples of recent sales similar to what I want to sell, along with the results obtained? - Can you help me evaluate the value of my items and provide an estimate of potential selling prices? - Do you have relationships with specific buyers or collectors who may be interested in my items? - How do you manage the security and confidentiality of items during the sale? - How will you promote the items and the sale to potential buyers? - How are items delivered to buyers and how do you manage the payments? - Can you provide me with references from satisfied clients that I can contact? Note that this will depend on your items, and it is important to inquire about commissions, listing, transportation, and insurance fees. Some auctioneers may also require a selling commitment in advance to commit to selling the item. It is important to ask these questions to have a good understanding of the sales terms and choose the best auctioneer for you.