What governs an auctioneer as a professional license?

An auctioneer is governed by both laws and ethics, making a comprehensive understanding of both essential for professional conduct in this field. State laws provide a regulatory framework that auctioneers must adhere to, which includes licensing requirements, rules for conducting auctions, and consumer protection laws. These laws are designed to maintain the integrity and fairness of the auction process, ensuring that all parties involved are treated lawfully and equitably.

On the other hand, ethics encompass the moral principles that guide an auctioneer's behavior beyond legal obligations. This includes honesty in representing auction items, treating all participants fairly, and maintaining transparency in bidding practices. Ethical considerations help to build trust with clients and the public, which is crucial for the reputation of the auctioneer and the profession overall.

Therefore, the combination of both laws and ethics establishes a robust framework that ensures auctioneers operate within legal boundaries while also upholding high standards of professional integrity. This duality is what fundamentally governs their professional practice.