SIC Code 7389-01 - Auctioneers

Marketing Level - SIC 6-Digit

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SIC Code 7389-01 Description (6-Digit)

Auctioneers are professionals who facilitate the buying and selling of goods and services through public auctions. They are responsible for organizing and conducting auctions, which involve the sale of items to the highest bidder. Auctioneers work with a wide range of clients, including individuals, businesses, and government agencies, to sell a variety of items such as real estate, vehicles, antiques, art, and livestock. They are skilled in the art of persuasion and use their expertise to encourage bidders to participate in the auction and bid higher.

Hierarchy Navigation for SIC 6-Digit Code 7389-01

Tools

  • Auction hammer
  • Bid cards
  • Auctioneer's gavel
  • Microphone and sound system
  • Computer and auction software
  • Catalogs and brochures
  • Display tables and stands
  • Cash registers and credit card machines
  • Security equipment (e.g. cameras, alarms)
  • Transportation equipment (e.g. trucks, trailers)

Industry Examples of Auctioneers

  • Real estate auctions
  • Antique auctions
  • Livestock auctions
  • Art auctions
  • Charity auctions
  • Government surplus auctions
  • Vehicle auctions
  • Foreclosure auctions
  • Estate auctions
  • Online auctions

SIC Code 7389-01 - Auctioneers

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