Live Auction

Term from Auction Houses industry explained for recruiters

Live Auction refers to the traditional form of auction where items are sold in real-time to an audience of bidders who are physically present or participating remotely. Unlike online-only auctions, live auctions involve an auctioneer who conducts the sale, announces lots, manages bids, and creates excitement in the room. Modern live auctions often combine in-person bidding with phone and internet bidding, making them "hybrid events." This format is particularly important in high-end art, antiques, and luxury goods sales where buyers want to experience the excitement of competitive bidding and see items in person.

Examples in Resumes

Managed Live Auction events with over 500 lots per session

Coordinated multiple Live Auction and In-Person Auction events generating $2M+ in sales

Trained staff in Live Auction and Traditional Auction procedures and protocols

Typical job title: "Live Auction Specialists"

Also try searching for:

Auction Coordinator Auction Specialist Auction Manager Live Sale Coordinator Auction Administrator Auction Operations Manager Gallery Manager

Example Interview Questions

Senior Level Questions

Q: How would you handle a situation where multiple remote bidders lose connection during a high-value lot?

Expected Answer: A senior candidate should discuss backup systems, communication protocols, having adequate staff to manage phone bids, and policies for pausing or restarting bidding if needed. They should also mention documentation procedures and client relationship management.

Q: What strategies have you implemented to increase auction attendance and bidder participation?

Expected Answer: Look for answers involving marketing campaigns, client relationship building, preview events, catalog improvements, and integration of new technologies to attract both traditional and new collectors.

Mid Level Questions

Q: How do you manage the logistics of a live auction with 300+ lots?

Expected Answer: Candidate should discuss lot organization, staffing plans, timing management, catalog preparation, and coordination between different departments (marketing, logistics, client services).

Q: Describe your experience with handling disputes during a live auction.

Expected Answer: Should demonstrate knowledge of auction house policies, ability to remain calm under pressure, understanding of when to involve senior management, and experience with resolution procedures.

Junior Level Questions

Q: What are the basic components of a live auction setup?

Expected Answer: Should mention basics like lot display, bidder registration, paddle assignment, payment processing, and basic auction floor layout considerations.

Q: How do you prepare lots for display before a live auction?

Expected Answer: Should describe basic lot organization, labeling, condition reporting, and proper handling procedures for different types of items.

Experience Level Indicators

Junior (0-2 years)

  • Basic auction procedures and terminology
  • Lot organization and tracking
  • Client registration and paddle assignment
  • Basic condition reporting

Mid (2-5 years)

  • Auction floor management
  • Remote bidding system operation
  • Staff supervision during events
  • Client relationship management

Senior (5+ years)

  • Full auction event planning and execution
  • Crisis management during live sales
  • Team leadership and training
  • Strategic planning and development

Red Flags to Watch For

  • No understanding of basic auction terminology
  • Lack of experience with client interaction
  • Poor attention to detail in handling valuable items
  • No knowledge of auction house ethics and practices