CERTIFIED AUCTIONEERS INSTITUTE (CAI)

The CAI is the highest designation awarded in the auction industry. It is a three-part executive development program designed for decision-makers in auction firms, held each spring at Indiana University in Bloomington. The first CAI designations were awarded in 1978. Only 850 auctioneers in the US and Canada hold this prestigious designation.

QUALIFICATIONS FOR ADMITTANCE

1. 2 years full-time experience in the industry
2. Be at least 21 years of age
3. Have a high school education or equivalent

In order to earn the designation, auctioneers must successfully complete three courses over a three year period at Indiana University, pass the test for each course and submit an acceptable auction summary report. To maintain the designation, the auctioneer must meet continuing education standards as set by the Institute as well as maintaining membership in the Auction Marketing Institute (AMI) and the National Auctioneers Association (NAA).