National Auctioneers Day on Saturday, April 21 Focuses on Charity Help in Communities Worldwide

. April 17, 2007

Auctioneers across the U.S. and world are conducting charity auctions and making separate donations to charities as part of National Auctioneers Day, on Saturday, April 21.

Members of the National Auctioneers Association (NAA) have donated more than $4 million to St. Jude Children’s Research Hospital since 1995 to support this chosen charity of NAA. The hospital in Memphis, Tenn., provides pediatric cancer patients with the most advanced care available, and always regardless of the families’ ability to pay.

Auctioneers and auction schools conduct special fundraising auctions for this charity, and other worthy causes in their communities, in April and throughout the year. Perhaps more than any other group, Auctioneers in all specialties routinely use their fundraising skills to help their local civic groups, churches, schools, and U.S. troops stationed abroad.

National Auctioneers Day is also a time when auctioneers inform the media and community groups about the growth of the auction industry. In 2006, gross sales revenue for live auctions grew 7.1% to $257.2 billion. This represents a $17 billion increase from 2005. Residential real estate was the fastest growth sector by growing 12.5% over 2005. This growth is not only due to a slowing of the traditional listing real estate market, but due to a greater acceptance of the auction method by the public that is utilizing online and onsite auctions in greater numbers. Charity auctions also grew to $16.1 billion in 2006, which is a 6.6 percent increase over 2005.

“Buyers and sellers are increasingly seeing the advantages the auction method brings to the sale and we are excited to be a part of this shift in public perception,” said NAA President William Sheridan, CAI, AARE, GPPA.

With almost 6,000 members from throughout the world, the National Auctioneers Association is the largest organization dedicated to promoting the auction method and competitive bidding industry. Member benefits range from federal and state legislative tracking to comprehensive continuing education programs, including coursework to earn the following professional auctioneer designations: Certified Auctioneers Institute (CAI), Accredited Auctioneer Real Estate (AARE), Graduate, Benefit Auctioneer Specialist (BAS), Personal Property Appraiser (GPPA) and Certified Estate Specialist (CES). The organization was founded in 1949 and is headquartered in Overland Park, Kan. For more information on the NAA and its programs, log on to www.auctioneers.org.

Category: Auction News

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