ADDING AUCTIONS TO YOUR COMPANY
There are several ways to get involved in real estate auctions:
- Refer clients or customers
- Be a cooperative broker/agent
- Be a listing broker/agent (co-broker)
- Partner with an auctioneer
- Hire an associate Auctioneer
- Become an Auctioneer
In this section, we will discuss different methods to incorporate auctions into your company. You will learn how to investigate auction license laws and requirements in your state, how traditional brokers/agents can earn commissions/fees by incorporating auctions into their business, how to recruit new auctioneers and how to get your auction license. You will also learn about the considerations and expenses that incorporating auctions may entail.