Senior Auctioneer at Ellahi Consulting

Academic Qualifications

Essential:

• Tertiary Education in Auctioneering or Business-related Field
• Valid Driver's License
• Assessor Certification

Advantageous:

• Relevant certifications or courses

Work Experience

Essential:

• 5–8 years of auctioneering experience within the automotive industry
• Proven track record of selling items and generating optimal recovery prices

Advantageous:

• Experience in salvage vehicle auctioneering

Key Deliverables and Outputs

Recovery Ratio Analysis and Implementation

• Analyze various factors (damage, year model, vehicle type, market value) to calculate recovery percentages based on vehicle market value.

Pricing of Vehicles

• Collaborate with the auctioneering team to price vehicles sold at SMD. Evaluate damages, year model, vehicle type, and market value to establish auction prices.

Starting Bid and Bid Acceptance

• Determine starting bid offers and evaluate fairness and competitiveness. Make decisions on accepting or declining bids, considering vehicle value and associated supplier/SMD costs.

Vehicle Coding

• Assign appropriate vehicle codes (2, 3, or 4) based on damage assessment, including front suspension, overall damage, firewalls, VIN number, chassis condition, and damage severity.

Consignment of Stock and Process

• Select vehicles for consignment to achieve desired recovery ratios from respective sales channels. Manage payment processes related to consignment and commissions.