PA AUCTIONEER EXAM 2025 ACTUAL EXAM 120
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS) | LATEST EDITION | ALREADY
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Terms in this set (77)
what is the most important product knowledge
tool of the auctioneer?
what is the trademark of chant
the auctioneer?
who is accountable and the auctioneer
accepts ultimate
responsibility of at the
auction?
when selling personal fall of the hammer
property at auction, when
does the legal title pass?
how do you handle a tie at the discretion of the auctioneer
bid that occurs at
hammer's fall?
how are disputes 1.recognize 2. make a decision 3. act on it 4. move on
handled?
what is the importance of take control- terms and conditions
the opening talk?
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what items must be terms and conditions of the sale
covered in the opening
talk before bidding
begins?
what should an auctioneer criticize, condemn and complain
not do while selling on the
block?
what is the best personal few filler words
property chant?
price enhancing technique used by an auctioneer
who has no bid or few and lower bids then wanted.
what is trotting? Auctioneer pretends that they have other bids to
stimulate the bidding by legitimate bidders- It is
illegal
a price enhancing technique, used by an auctioneer
to inflate the bids whereby and individual is placed in
what is a shill? the audience to run up the bids to a predetermined
amount usually set by the auctioneer- It is illegal and
unethical
a price enhancing technique that may originate with a
person employed by the seller to raise the selling
what is puffing?
price by facilitating bids- Illegal, contract is then void
or voidable
a technique used to stimulate excitement amongst
bidders, auctioneer asked for a low opening bid and
what is a fast knock?
"knocks it down" to the 1st bidder he or she
recognizes- Legal
moving one item from one box to yours, stealing-
what is salting?
illegal
how do you and what is set reserves
the best way to break a
pool or syndicate?
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