Do I hear $16.95? A $227.5 billion enterprise around the world, live auctions feature everything from cars to homes, fine art to coal. The only book of its kind, this guide will show how lucrative, fast-paced, and exciting this business is. It covers rules, lingo, setting up an auction, hiring professional auctioneers, and how the most popular auctions work. • 24% of U.S. consumers, or around 50 million people, spend an average of four hours at live auctions each year • Expert author: the National Association for Auctioneers • Detailed run-down of every aspect of live auctions • Resource section with auction house listings