by Myers Jackson | Sep 10, 2022 | Terms
Certified Estate Specialist A professional designation awarded by the NAA Education Institute to help professional auctioneers understand how to properly conduct and deal with the settling of estates. The course also educates professional auctioneers on working with...
by Myers Jackson | Sep 10, 2022 | Terms
Trustee’s Sale A sale at auction by a trustee. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all active auctions, and properties for sale CLICK THIS BUTTON Contact Get...
by Myers Jackson | Sep 10, 2022 | Terms
Certified Auctioneers Institute The professional designation awarded to practicing auctioneers who meet the experiential, educational and ethical standards set by the NAA Education Institute. In order to be granted the CAI designation, auctioneer scholars must have...
by Myers Jackson | Sep 10, 2022 | Terms
Critical Path Sequence of key tasks to be done by auction contractor or other designated parties on specified dates, leading to desired goals. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions...
by Myers Jackson | Sep 10, 2022 | Terms
Tie Bids When two or more bidders bid exactly the same amount at the same time. This must be resolved by the auctioneer. Real estate words and definition CLICK THIS BUTTON For other words and definitions related to real estate auctions CLICK THIS BUTTON For all...
by Myers Jackson | Sep 10, 2022 | Terms
Caveat Emptor A Latin term meaning “let the buyer beware.” A legal maxim stating that the buyer takes the risk regarding quality or condition of the property purchased, unless protected by warranty. This Latin term caveat emptor puts buyers on notice. It is telling...
