The National Association of Motor Auctions (NAMA) has launched a Licenced Auctioneer Scheme to promote professional standards for auctioneers.
The scheme provides formal endorsement to the approximately 150 auctioneers working within NAMA member businesses.
It will provide individual licencing for auctioneers based on experience, industry knowledge, and professional conduct.
There is also a commitment to continued professional development (CPD) and adherence to a formal code of practice
And it will offer public recognition of licenced auctioneers through NAMA’s official register and branding
Liam Quegan, NAMA chairman, said: “The launch of the Licenced Auctioneer Scheme is an important milestone for our association and our members.
“It not only reinforces the credibility and professionalism of the auctioneers in our sector but also provides a clear benchmark of quality and trust for both buyers and sellers in the vehicle remarketing process.”
By recognising individual excellence, the scheme will also strengthen NAMA’s collective voice as a representative body and further promote industry confidence in the remarketing process.
The scheme will be live during October and NAMA is working closely with member businesses to begin the licencing process for eligible auctioneers.