Every Member of the National Auctioneers Association pledges to abide by the following Code of Ethics and Standards of Practice:
Mission: To promote, increase and build the trustworthiness of the competitive bidding method of marketing, including: live, Internet and sealed bid auctions, and enhance the professionalism of its practitioners.
Vision: Competitive bidding will be increasingly utilized as a method to sell all types of goods in all segments of the economy. The National Auctioneers Association (NAA) will unify and lead the competitive bidding industry to fulfill this vision.
Preamble: The National Auctioneers Association is the professional organization for practicing auctioneers, their associates, affiliated businesses and other related professionals. Membership in the NAA although voluntary, carries with it a requirement of professional commitment to other professionals, clients, customers and the public at large that extends beyond that of laws and professional regulations. Members of the NAA accept this obligation to conduct themselves and their businesses in a manner that serves the public interest, protects the public trust and furthers the goals of their profession.
This Code of Ethics of the National Auctioneers Association and the accompanying Standards of Practice guides the members in the performance of their professional responsibilities and duties. While this Code may establish obligations higher than those mandated by law, in any instance where the Code and the law conflict, the obligations of the law must take precedence.
The Certified Auctioneers Institute is the most prestigious designation awarded in the auction industry.
Designed for leaders in the industry and auction firm decision-makers, the CAI is an executive development program focused on developing the skills and providing the tools necessary to run a top-notch auction firm.
Designation holders have the knowledge and skill necessary to provide high-quality services to all types of clients.
In addition, their designation indicates to attorneys, trust officers, government officials, financial planners, accountants and others who seek the services of well-qualified auctioneers that the CAI designation holder is an astute business person whose conduct will follow the highest professional standards.
Once the CAI designation is earned, the auctioneer must then maintain the designation with 24 hours of continuing education every three years.
The Certified Auctioneers Institute has been helping auctioneers discover their potential for more than 30 years. Auctioneers with the CAI designation are part of an extraordinary network of exemplary auctioneers in the auction industry.
CAI Course Description
As the auction profession continues to grow and a wider variety of clients begin using auction services, the CAI professional designation is becoming increasingly important.
Designation holders have the knowledge and skills necessary to provide high-quality services to all types of clients. In addition, their designation indicates to attorneys, trust officers, government officials, financial planners, accountants, real estate professionals, and others who seek the services of well-qualified auctioneers, that the CAI designation holder is an astute business person who upholds the highest professional standards.
Those that have successfully completed the GPPA program have learned the responsibilities of the appraiser and have a good knowledge of the Uniform Standards of Professional Appraisal Practice (USPAP) guidelines. GPPA designated auctioneers and appraisers know not only how to conduct a complete and appropriate appraisal, but also know the various factors that affect the value of appraised items.
In addition to the above qualifications, Graduate Personal Property Appraiser Master designees have specialized in one or more of the following areas:
- Antiques & Estates
- Plant Machinery & Equipment
- Construction & Agricultural Equipment
- Small Business Valuation
Graduate Personal Property Appraiser (GPPA) Course Description
The GPPA class examines the responsibilities of the appraiser and discusses the factors affecting the value of appraised items. Experts and classmates will discuss industry trends, the function of the appraiser, identification, valuation and methodology of appraisals, as well as the responsibility the appraiser has to the client.
The GPPA course also provides basic information about appraisal work including teaching you how to search for comps, what to look for as far as condition, identifying marks and other conditions.
You will learn about personal property, antiques, machinery, equipment, farm, and construction equipment. The instructors will provide examples as well as materials to help you start your appraisal business. You will also learn about the GPPA appraisal template and practice preparing an appraisal report using the template.
You will be able to customize a standardized appraisal format, market your appraisal services, enhance your research skills and improve your appraisals. An examination is given at the end of this course.