Pennsylvania Auctioneer Practice Exam

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Should you use a fast knock at the beginning of an auction to stimulate bidding by the audience?

Yes, to speed up the auction

Using a fast knock at the beginning of an auction to stimulate bidding by the audience can be an effective strategy to generate excitement and engagement among the bidders. It helps to set a quick pace and create a sense of urgency, which can lead to higher bids and a more competitive atmosphere. By advancing the auction swiftly, it can also prevent boredom or disinterest among attendees. Overall, employing a fast knock can be a useful tool for auctioneers to maintain momentum and encourage active participation from bidders.

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Yes, to set a competitive tone

No, as it is an illegal technique

No, it may lead to confusion

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