LA Auctioneer Practice Questions - Louisiana Licensed Auctioneer Exam

What is the primary difference between an auctioneer acting as an agent and an auctioneer acting as a dealer?

There is no difference An agent sells property on behalf of others for a commission; a dealer buys and resells property for their own account An agent can only sell real estate; a dealer can sell any property A dealer does not need an auctioneer's license

Correct Answer:

An agent sells property on behalf of others for a commission; a dealer buys and resells property for their own account

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