NAA Auction Industry Update: Auction Industry Continues to Grow in a Declining Residential Real Estate Market.OVERLAND PARK, Kan. -- The National Auctioneers Association The National Auctioneers Association (NAA) is a group of auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States The NAA is an interest group.. (NAA NAA Nomina Anatomica Avium. ) reports continued growth for the auction industry with a 5.9 percent third-quarter increase as compared to the same point in 2005, translating into $254.4 billion total revenue projected for 2006. The largest increase came from residential real estate auctions, which grew by 4.5 percent in the third quarter. Increasing use of the auction method of marketing to sell residential real estate has been the subject of widespread media coverage. "These statistics show that the general public sees the value in selling their property by auction. Buyers and sellers are both turning to the auction method and we foresee this trend continuing to increase," said NAA President William Sheridan, CAI (1) (Computer-Assisted Instruction) Same as CBT. (2) See CA. CAI - Computer-Aided Instruction , GPPA GPPA Graduate Personal Property Appraiser (Auction Marketing Institute) GPPA Georgia Psychiatric Physicians Association GPPA Great Plains Planetarium Association GPPA Georgia Peanut Producers Association , AARE Aare (är`ə) or Aar (är), longest river entirely in Switzerland, 183 mi (295 km) long, rising in the Bernese Alps and fed by several glaciers. . In addition, forty-four percent of auctioneers say they have seen an increase in gross sales receipts in the first three quarters of 2006 as compared to the same period last year. Funded by the National Auctioneers Foundation, the findings were gathered by the global market research firm MORPACE International. The study is commissioned by the NAA to document the growth of the live auction industry. With almost 6,000 members from throughout the world, the National Auctioneers Association is the largest organization of its kind 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 accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Auctioneer, Real Estate (AARE), Graduate, 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. |
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