---
title: The Auctioneer’s Job and Rules of Auction - LJ Hooker
description: Essentially the role of the auctioneer is to control a public negotiation process where potential buyers are competing to buy a property.
image: https://www.ljhooker.co.nz/hubfs/The%20Auctioneer%E2%80%99s%20Job%20and%20Rules%20of%20Auction.jpg
---

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- [First Home Buyers Guide](https://www.ljhooker.co.nz/buy/first-home-buyers)
- [Inspection Checklist ](https://www.ljhooker.co.nz/ebooks/open-house-inspection-checklist)
- [Complete Moving Guide](https://www.ljhooker.co.nz/ebooks/complete-moving-guide)
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- [How to Make an Offer on a Property](https://www.ljhooker.co.nz/blog/how-to-make-an-offer-on-a-property)
- [What to Expect at a Pre-settlement Inspection](https://www.ljhooker.co.nz/blog/what-to-expect-at-a-pre-settlement-inspection)
- [How to Buy a Home as a Couple](https://www.ljhooker.co.nz/blog/how-to-buy-a-home-as-a-couple)

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- [How To Best Negotiate a Private Treaty Sale](https://www.ljhooker.co.nz/blog/how-to-best-negotiate-a-private-treaty-sale)
- [What You Need to Know When Downsizing](https://www.ljhooker.co.nz/blog/what-you-need-to-know-when-downsizing)

<https://www.ljhooker.co.nz/blog/the-auctioneers-job-and-rules-of-auction#>

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- [Guide to Renting Real Estate](https://www.ljhooker.co.nz/rent/guide-to-renting-real-estate)
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# The Auctioneer’s Job and Rules of Auction

 Published on 1 October 2019 , updated on 8 September 2022 | [ Lyall Russell ](https://www.ljhooker.co.nz/blog/author/lyall-russell) | 3 mins

![The Auctioneer’s Job and Rules of Auction](https://www.ljhooker.co.nz/hs-fs/hubfs/The%20Auctioneer%E2%80%99s%20Job%20and%20Rules%20of%20Auction.jpg?width=1200&name=The%20Auctioneer%E2%80%99s%20Job%20and%20Rules%20of%20Auction.jpg)

Essentially the role of the auctioneer is to control a public negotiation process where potential buyers are competing to buy a property.

The auctioneer has to make sure the process takes place in an orderly and legal manner and they must always conduct themselves professionally. Although, a good auctioneer stands out from the rest as they use tools like humour and wit to make the buyers feel more comfortable.  The more relaxed they are, the better the results.

### **Auctioneer announcements**

Before the auction commences the auctioneer will introduce themselves and the agency they work for and they will announce terms and conditions in accordance with law and any rules that surround your auction in particular.

Following this the auctioneer will give a detailed description of your property and list its valuable features and benefits.

### **Rules of auction**

Terms and conditions of the auction are on display before and during the auction and are always available from the salesperson throughout the campaign.     
 

### **Bidding at the auction**

Following the introduction from the auctioneer, the auction will get under way.  The auctioneer will call for an opening bid or in other words the first bid from the crowd.  

From this point onwards the auctioneer will control the flow of the bidding and will encourage bidders to go higher, but at the end of the day, each bidder decides how much they are prepared to pay and the seller decides whether they are prepared to sell at that price.

All bids must be acknowledged and recorded, so there are no misunderstandings over who has bought the property and for how much.  And no bid can be accepted after the hammer falls.

Auctions by nature are often emotionally charged, but a good auctioneer knows how to take the pressure out of this very serious process by making the buyers feel comfortable.  They have the ability to get the best out of the buyers and to achieve the best possible price for the seller.

We can not stress enough the importance of choosing a professional auctioneer with a commanding presence as they are the decider in all disputes.

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#### Lyall Russell

 With more than a decade of experience in journalism, media and strategic communications, Lyall Russell has built a career around telling stories that inform and engage. His work has been published across four countries, and he has held roles ranging from producer at New Zealand’s leading news radio station Newstalk ZB to real estate journalist helping shape the news agenda at Real Estate Business. Today, Lyall brings that experience to LJ Hooker, where he specialises in property insights, market commentary and practical guides that support people at every stage of their real estate journey. He is also passionate about showcasing the people, performance and innovation across the LJ Hooker network, ensuring the stories behind the brand are as strong as the results it delivers.

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 Discover the essential dos and don'ts for a successful home auction. From maintaining confidentiality to setting a realistic reserve price, this blog provides expert tips for sellers. 

[Read more](https://www.ljhooker.co.nz/blog/what-not-to-do-on-auction-day) 

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