PA Auctioneer Exam QUESTIONS WITH
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ANSWERS
what is the most important tool of the auctioneer? -
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CORRECT ANSWERS ✔✔product knowledge |\ |\ |\
what is the trademark of the auctioneer? - CORRECT
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ANSWERS ✔✔chant |\
who is accountable and accepts ultimate responsibility of
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at the auction? - CORRECT ANSWERS ✔✔the auctioneer
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when selling personal property at auction, when does the
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legal title pass? - CORRECT ANSWERS ✔✔fall of the
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hammer
how do you handle a tie bid that occurs at hammer's fall?
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- CORRECT ANSWERS ✔✔at the discretion of the
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auctioneer
how are disputes handled? - CORRECT ANSWERS
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✔✔1.recognize 2. make a decision 3. act on it 4. move on |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
, what is the importance of the opening talk? - CORRECT
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ANSWERS ✔✔take control- terms and conditions |\ |\ |\ |\ |\
what items must be covered in the opening talk before
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bidding begins? - CORRECT ANSWERS ✔✔terms and
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conditions of the sale |\ |\ |\
what should an auctioneer not do while selling on the
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block? - CORRECT ANSWERS ✔✔criticize, condemn and
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complain
what is the best personal property chant? - CORRECT
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ANSWERS ✔✔few filler words |\ |\ |\
what is trotting? - CORRECT ANSWERS ✔✔price
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enhancing technique used by an auctioneer who has no
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bid or few and lower bids then wanted. Auctioneer
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pretends that they have other bids to stimulate the
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bidding by legitimate bidders- It is illegal
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what is a shill? - CORRECT ANSWERS ✔✔a price
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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
|\ |\ |\ |\ |\ |\ |\
|\ |\ |\ |\ |\
ANSWERS
what is the most important tool of the auctioneer? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔product knowledge |\ |\ |\
what is the trademark of the auctioneer? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔chant |\
who is accountable and accepts ultimate responsibility of
|\ |\ |\ |\ |\ |\ |\ |\
at the auction? - CORRECT ANSWERS ✔✔the auctioneer
|\ |\ |\ |\ |\ |\ |\
when selling personal property at auction, when does the
|\ |\ |\ |\ |\ |\ |\ |\ |\
legal title pass? - CORRECT ANSWERS ✔✔fall of the
|\ |\ |\ |\ |\ |\ |\ |\ |\
hammer
how do you handle a tie bid that occurs at hammer's fall?
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
- CORRECT ANSWERS ✔✔at the discretion of the
|\ |\ |\ |\ |\ |\ |\ |\ |\
auctioneer
how are disputes handled? - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\
✔✔1.recognize 2. make a decision 3. act on it 4. move on |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
, what is the importance of the opening talk? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔take control- terms and conditions |\ |\ |\ |\ |\
what items must be covered in the opening talk before
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
bidding begins? - CORRECT ANSWERS ✔✔terms and
|\ |\ |\ |\ |\ |\ |\
conditions of the sale |\ |\ |\
what should an auctioneer not do while selling on the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
block? - CORRECT ANSWERS ✔✔criticize, condemn and
|\ |\ |\ |\ |\ |\ |\
complain
what is the best personal property chant? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔few filler words |\ |\ |\
what is trotting? - CORRECT ANSWERS ✔✔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
|\ |\ |\ |\ |\ |\
what is a shill? - CORRECT ANSWERS ✔✔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
|\ |\ |\ |\ |\ |\ |\
