Certified Auctioneers Institute (CAI)

CAI, unlike other designations, focuses on the business of the auction industry rather than on a particular asset class. While attendees learn about different types of auctions, the focus is on business planning, development, and structure. Attendees register for CAI I, CAI II, and CAI III in successive years. Gaps between CAI I, II and III of more than two years require approval of the Education Director, and often are addressed by having attendees audit CAI classes for a year before returning to the program. NOTE: To attend CAI an application must be submitted and approved To apply for CAI you must: - Be at least 21 years of age - Have at least two years in the auction industry - Hold a high school diploma or its equivalent - Submit an application with references To obtain the CAI designation: - Attend all three weeks of instruction - Complete an auction proposal, which is critiqued by the CAI Committee (between CAI I and II) - Work in committees to plan and execute the CAI Benefit Auction in CAI II - Complete a business plan (between CAI II and III) - Present the above business plan to their class and a team of examiners in CAI III - Be a current member of the NAA