PA Auctioneer Exam
Study online at https://quizlet.com/_gv8n8n
1. what is the most impor- product knowledge
tant tool of the auction-
eer?
2. what is the trademark of chant
the auctioneer?
3. who is accountable and the auctioneer
accepts ultimate respon-
sibility of at the auction?
4. when selling person- fall of the hammer
al property at auction,
when does the legal title
pass?
5. how do you handle a tie at the discretion of the auctioneer
bid that occurs at ham-
mer's fall?
6. how are disputes han- 1.recognize 2. make a decision 3. act on it 4. move on
dled?
7. what is the importance take control- terms and conditions
of the opening talk?
8. what items must be cov- terms and conditions of the sale
ered in the opening talk
before bidding begins?
9. what should an auction- criticize, condemn and complain
eer not do while selling
on the block?
1/8
, PA Auctioneer Exam
Study online at https://quizlet.com/_gv8n8n
10. what is the best personal few filler words
property chant?
11. what is trotting? price enhancing technique used by an auctioneer who has no bid or
few and lower bids then wanted. Auctioneer pretends that they have
other bids to stimulate the bidding by legitimate bidders- It is illegal
12. what is a shill? a price enhancing technique, used by an auctioneer to inflate the bids
whereby and individual is placed in the audience to run up the bids to
a predetermined amount usually set by the auctioneer- It is illegal and
unethical
13. what is puffing? a price enhancing technique that may originate with a person em-
ployed by the seller to raise the selling price by facilitating bids- Illegal,
contract is then void or voidable
14. what is a fast knock? a technique used to stimulate excitement amongst bidders, auctioneer
asked for a low opening bid and "knocks it down" to the 1st bidder he
or she recognizes- Legal
15. what is salting? moving one item from one box to yours, stealing- illegal
16. how do you and what is set reserves
the best way to break a
pool or syndicate?
17. Should you use a fast You may
knock at the beginning
of an auction to stimu-
late bidding by the audi-
ence?
18. condition, age
2/8
Study online at https://quizlet.com/_gv8n8n
1. what is the most impor- product knowledge
tant tool of the auction-
eer?
2. what is the trademark of chant
the auctioneer?
3. who is accountable and the auctioneer
accepts ultimate respon-
sibility of at the auction?
4. when selling person- fall of the hammer
al property at auction,
when does the legal title
pass?
5. how do you handle a tie at the discretion of the auctioneer
bid that occurs at ham-
mer's fall?
6. how are disputes han- 1.recognize 2. make a decision 3. act on it 4. move on
dled?
7. what is the importance take control- terms and conditions
of the opening talk?
8. what items must be cov- terms and conditions of the sale
ered in the opening talk
before bidding begins?
9. what should an auction- criticize, condemn and complain
eer not do while selling
on the block?
1/8
, PA Auctioneer Exam
Study online at https://quizlet.com/_gv8n8n
10. what is the best personal few filler words
property chant?
11. what is trotting? price enhancing technique used by an auctioneer who has no bid or
few and lower bids then wanted. Auctioneer pretends that they have
other bids to stimulate the bidding by legitimate bidders- It is illegal
12. what is a shill? a price enhancing technique, used by an auctioneer to inflate the bids
whereby and individual is placed in the audience to run up the bids to
a predetermined amount usually set by the auctioneer- It is illegal and
unethical
13. what is puffing? a price enhancing technique that may originate with a person em-
ployed by the seller to raise the selling price by facilitating bids- Illegal,
contract is then void or voidable
14. what is a fast knock? a technique used to stimulate excitement amongst bidders, auctioneer
asked for a low opening bid and "knocks it down" to the 1st bidder he
or she recognizes- Legal
15. what is salting? moving one item from one box to yours, stealing- illegal
16. how do you and what is set reserves
the best way to break a
pool or syndicate?
17. Should you use a fast You may
knock at the beginning
of an auction to stimu-
late bidding by the audi-
ence?
18. condition, age
2/8
