NAA ‘Keys to Success’ survey

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The National Auctioneers Association is working with Michigan State University‘s Broad College of Business and Entrepreneurship Institute to present auctioneers with a survey to get a better understanding of the auction industry.

Unlike most surveys, the answers to these questions will remain anonymous. Here’s the copy from the email invitations, sent to multiple mailing lists including NAA, AuctionZip and others.

The marketing department of Michigan State University estimates that auctions and online bid sites account for 2 percent of the U.S. economy. Despite its economic significance, the topic is given little attention in marketing and entrepreneurship textbooks. The purpose of the research survey is to help the university and auctioneer associations gain a better understanding of the auction profession and the challenges auctioneers face today.

The questions attempt to ascertain average demographics, why auctioneers enter the industry and what challenges they face once they get there. The results from this survey will directly influence the decisions made by NAA’s leadership.

This survey is important, and it’s for all auctioneers, not just NAA members. Take a few moments to complete the survey now!

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NAA announces winners of Rose, Massart awards

Two of the most prestigious honors given during the annual CAI designation classes are the Rose Award and Pat Massart Award.

The NAA presented the awards to Auctioneers Buddy Lee and Ruthie Taylor, respectively, during the opening session of CAI 2010 on March 21. CAI classes kicked off this week on the campus of Indiana University in Bloomington.

The Rose Award honors the contestant with the best auction summary, which participants in CAI III are required to complete in order to earn their CAI designations. Lee was joined in the finals by these NAA Auctioneers:

  • Tirhani Mabunda, AARE, Tirhani Auctioneers, South Africa
  • Megan McCurdy, BAS, McCurdy Auction LLC, Wichita, Kan.
  • Braden McCurdy, McCurdy Auction LLC, Wichita, Kan.
  • Bobby Ewald, AARE, CES, Ewald Enterprises Inc. Dba Ewald Auction & Realty, Orlando, Fla.
  • Bill Dollinger, AARE, RE/MAX 100 Inc, Louisville, Ky.

The Pat Massart Award honors the CAI II contestant with the best auction proposal, which is required of CAI II students. Taylor of Taylor Auction & Realty Inc., Grenada, Miss., was joined in the finals by these NAA Auctioneers:

  • Warren Ward, AARE, Albert Burney Inc., Gadsden, Ala.
  • Jodi Reynolds, Aumann Auctions Inc., Nokomis, Ill.

This article was sourced from NAA on Facebook.

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Digital payments and the payment revolution

John Donahoe welcomes developers at PayPal X C...
Image by Somewhat Frank via Flickr

PayPal has a bad rap among auctioneers. When polled during education courses, very few auctioneers admit to using the service due to reasons ranging from the fee structure to the preferential treatment of buyers during disputes to the simple fact that they don’t like PayPal’s parent company, eBay.

It may be true that PayPal’s fee structures have historically been higher than the rates charged to auctioneers by credit card companies. It may be true that it’s easier to find a credit card partner – such as NAA Cashless Commerce – who understands the auction industry enough to work for the auctioneer instead of the buying customer during dispute resolution. It also may be true that PayPal has been seen as a tool of the enemy by auctioneers who are afraid of eBay because they consider it to be competition.

All of these reasons to avoid PayPal notwithstanding, we feel that the times are a-changing with regards to electronic payments. The remaining days of the daisy-chained transaction fees charged by vendors and merchants and banks and credit card companies on every single transaction are waning.

Twitter cofounder Jack Dorsey‘s latest endeavor, Square, allows credit card transactions to be completed on iPhones. Imagine buying Girl Scout cookies and having your credit card charged by a 13-year-old at your front door. Paying digitally for smaller-value transactions will – and must – become second-nature for us as these technologies mature.

PayPal is opening up its tools in order to evolve from it’s current function as a payment option to become a transaction platform. These tools, called the Paypal X Developer Network, allow developers with great ideas to use PayPal’s tools to make payment processing easier and cheaper without having to know how to transfer money or deal with the bureaucracies inherent to banks and financial institutions.

Just as the credit card revolutionized the way we pay for goods and services by replacing cash, this new crop of digital transaction technologies leveraged on PayPal’s tools will affect the same type of revolution, not by interfacing with or serving as credit cards, but by supplanting them.

Five years ago, the concept of paying bills on the Internet was downright foreign and scary for many users and service providers alike. Some users still avoid electronic commerce, but most banks and service providers now support it – some even incentivize it by taking a couple of dollars each month of the bills of users who use automatic electronic payments. As more and more Americans accept the convenience and security of digital transactions, there will come a point in the not-so-distant future when an auctioneer who only takes cash, checks and credit cards will be leaving money behind from potential customers who no longer utilize any of these outdated forms of payment.

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Auction Video Podcast Episode 6 – Wrapping cables with the over-under method

Transcript

Hi, I’m Aaron Traffas with AuctioneerTech. In this episode of the Auction Video Podcast, we’re going to look at the right way to wrap and store cables.

Now, I’ve seen cables stored a lot of different ways, most of which, quite frankly, make me want to cry. Before we get to the over-under method, let’s take a look at the wrong way to roll cables.

The knot method

I have here an XLR cable, sometimes called a mic cable. Some cheaper microphones may come with a cable that’s already attached or one that has a 1/4″ end on it, but all professional quality microphones use the XLR standard. It has a male and female end, each with three pins on the end of it. Now, because it’s a signal cable, it doesn’t carry a lot of current, and so the conductors inside are smaller and more fragile than other kinds of cables, which is why this first method of cable storage is especially hard on signal cables. I call it the knot. You hold the cables on one end and then you find the middle. You fold it back on itself, then you tie it in a knot. This puts a lot of stress on the conductors inside the cable. I attribute this to the high rate of cable failure for those who use this method.

The around-the-arm

I remember being shown this method when I was very young. It’s easy to teach, easy to learn – it’s also easy to end up with a knotted mess. This method adds a natural twist to the cable as you go along so that it’s harder for it to lay straight when you use it. This is the around-the-arm method.

Over-under

We’re now to what I believe to be the only right way to roll your cables. It’s called the over-under, and it’s how professional sound engineers roll and store their cables between concerts. Start with one end of the cable – whichever end has the velcro or wire or string or whatever cable management accessory you prefer. Start with it pointing towards you and grab it like you’re going to stab yourself with it. Take your other hand, and with your thumb down, grab hold of the cable. Then pull it up and in into a small circle. Next, take your hand and with your thumb up, wrap it over. The first one is the under, the second the over.

Now, for most cables, I like a wrap that’s just a little bit less than the size of a coffee can. For larger extension cords, you’re probably going to want a larger loop. For smaller cables like network or USB or some earphone cables, you’re probably going to want a much smaller loop.

Now, remember that if you’ve been wrapping your cables the wrong way for a long time, they’re going to have some natural twists and turns in them. The first time you try this, you might have some knots due to a cable that’s learned the wrong method. If you do it this way enough, your cables are going to be nice and straight and true and you’re going to be able to do some fun things.

Now that second throw was not a knot, it was just a poor job of me throwing it. So, when you throw, make sure that you’re holding on to the end that you started with in the first place that has the cable tie on it. Hold on to it in your hand, grab the cable and give it a nice little under-handed toss and it will fly straight and true every time.

That’s it for this episode of the Auction Video Podcast. If you know of any other bad ways to wrap your cables, or if you think you have a better one, let us know in the comments. Thanks!

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Batchgeo maps your data

Batchgeo builds custom maps based on your data

Geocoding is the process of turning a physical address into a location on a map. Using data sets to build customized maps is a powerful way to visualize addresses.

Google Maps has long offered an API that allows developers to create custom maps for their own websites. The Maps API, currently on version 3, requires development abilities beyond those of the average auctioneer. Fortunately, there is an easy way for anyone to take a spreadsheet full of addresses and plot them on a map.

Enter: Batchgeo. By providing what is essentially a front-end to the Google Maps API, this free service allows anyone to upload or copy and paste data and receive a customized Google Map. This map can be printed, shared, emailed, embedded on any website or downloaded to Google Earth. By mapping the appropriate columns from your uploaded spreadsheet, you can make each pin show additional information, such as the specific address or the sales, when clicked.

Be careful. With great power comes great responsibility, and it’s really easy to violate your own privacy policy and terms by plotting data that should be kept confidential. When used with the appropriate resolution, and for the appropriate applications, this tool can be an auctioneer’s best friend. Want to plot the addresses of all the auctions you’ve done in the last year? Batchgeo makes it easy.

Geocoding is a very powerful method of representing information. Batchgeo is one of many available services that just happens to be free. Have you found better luck with other geocoding services? Let us know in the comments.

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