Who is a "limited livestock auctioneer"?

A "limited livestock auctioneer" is specifically defined as one who focuses on selling livestock at fixed-based sales. This designation emphasizes that the auctioneer is not engaging in the sale of various products or different types of property, but rather is concentrated solely on livestock sales. By being limited to that category, the auctioneer may operate under particular regulations and licensing that pertain specifically to livestock transactions, ensuring they are knowledgeable about the needs and standards relevant to that market. The term “fixed-based sales” further implies that the auctioneer must conduct business from a specific location rather than through mobile or traveling auctions. This specialization is important to maintain compliance with industry standards and facilitate the proper handling of livestock during the auction process.