What is the term for an agent who sells property at auction?

Prepare for the Affiliate Auctioneer License Exam with flashcards and multiple-choice questions. Each question offers hints and explanations. Enhance your test readiness!

The term for an agent who sells property at auction is "auctioneer." Auctioneers are responsible for the process of conducting auctions, which includes taking bids from participants, conducting the sale, and facilitating the transfer of property to the highest bidder. They possess specialized knowledge and skills that allow them to manage the auction process effectively, including engaging bidders and providing a transparent environment for property sales. This role is distinct from other types of agents, such as brokers or sales agents, who typically engage in different types of real estate transactions and may not necessarily conduct auctions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy