Auctioneering 101/Fundamentals of Auctioneering Pre-Licensing Education (85 hours)

NAS offers an 85-hour pre license course. This course covers the fundamentals for all states that require licensure. This course is designed to cover the basics of auctioneering in an easy-to-understand format that meets the education requirements of licensure states. In addition, students will be provided with the fundamentals of auctioneering with the strong emphasis on ethics and professional. Content includes:

  • Advertising
  • Antique Auctions
  • Auction Math
  • Automobile Auctions
  • Bankruptcy
  • Bid Calling
  • Breathing Techniques

 

  • Bulk Sales/UCC
  • Consignment Auctions
  • Contracts/Closings License Law
  • Equipment Auctions
  • Escrow Accounts
  • Estate Auctions

 

  • Ethics
  • Federal Laws
  • Firearm Regulations
  • Industrial Auctions
  • Intro to Appraisal
  • Intro to Technology

 

  • Laws, Rules and Regulations Governing Auctioneers
  • Livestock Auctions
  • Professionalism
  • Public Relations
  • Public Speaking
  • Real Estate Auctions

 

Fundamentals of Professional Auctioneering –

Pre-Licensing Education (50 hrs) TN, MS

Pre-Requisites: This course is a state mandated program for Tennessee licensed auctioneers wishing to obtain a Tennessee Public Automobile Auctioneer or Public Automobile Auction License. This program is open to licensed auctioneers meeting the pre-requisite requirements established by statute and the rules and regulations of the Tennessee Auctioneer Commission. This program has been approved to be offered online-only beginning February 2021.

This course covers:

  • Antique Auctions
  • Auction Accounting
  • Auction Math
  • Automobile Auctions
  • Bankruptcy
  • Bulk Sales/UCC
  • Closing Statements Contracts
  • Consignment Auctions
  • Equipment Auctions
  • Escrow Accounts
  • Estate Auctions
  • Ethical Issues
  • Federal Laws
  • Fiduciary Responsibilities
  • Firearm Regulations 
  • How to Get Auction Business
  • Industrial Auctions
  • Insurance & Liability
  • Intro to Appraisal
  • Intro to Technology & Online Auctions
  • Issues in Escrow Accounting
  • Laws, Rules and Regulations Governing Auctioneers
  • Livestock Auctions
  • Professional Practices
  • Promotion and Advertising
  • Real Estate Auctions
  • The Agency Relationship
  • Uniform Commercial Code
  • Working with the Courts

Public Automobile Auctioneer License

Education (16+ hrs)

This course meets the new 2019 Tennessee educational requirement for those interested in seeking a Tennessee auctioneer license. This program is the same program as the Auctioneering 101 offering without any bid calling or bid calling related instruction. This is a five-day interactive virtual classroom program that is approved for TN licensing only or for students from non-licensing states who choose to opt-out of bid calling instruction. This course also qualifies for pre-license education in the state of Mississippi.

This course covers:

  • Auto Auction Field Study
  • Bankruptcy & Estate Vehicles
  • Contracts
  • Escrow Accounting
  • Ethics and Ethical Issues
  • Forms and Procedures
  • How to Get Auction Business
  • Insurance & Liability
  • Licensing Considerations
  • Record Keeping Auto Titles and Transfers
  • Sales Tax
  • Tennessee Auction Law
  • Tennessee Motor Vehicle Law

Basic Fundamentals of Auctioneering (16 HRS)

This course meets the educational mandate for a TN bid caller license. Please note that this course does not include any bid calling.