Our staff was sitting around the other day, discussing our schedules and seeing when one or the other was needed to cover for others, with vacations, prior commitments, and other auctions conflicting. The question was raised briefly, “Are auctioneers commodities?”
We concluded rather swiftly, that the answer was, “No,” that auctioneers were not commodities. Let’s first look at what a commodity is:
Several definitions found on the Internet note that: A commodity is a good for which there is demand, but which is supplied without qualitative differentiation across a market and that commoditization occurs as a goods or services market loses differentiation across its supply base.