Asset Marketing Team

We would like for you to get to know us 

Meet the owners, David and Liz Drake, they will personally handle your asset liquidation professionally and ethically. Our mission is to provide transparency to buyers and sellers. This marketing team has over 35 years of auction marketing experience. David and Liz recently completed a three-year education course, Texas Certified Auction Professionals. Believing education brings value to our company and keeps us competitive in today’s marketplace is what we are about.

Are you looking to sell your assets?

Texas Auctioneer David F Drake CAI CES GPPA

Lead Auctioneer David F Drake

David F. Drake, CAI, CES, GPPA, TCAP Tx Auctioneer License #16244

  • President of Asset Marketing Pros, LLC
  • Principal Lead Auctioneer
  • A graduate of the Texas Auction Academy 
  • TCAP – Texas Certified Auction Professional
  • CAI – Certified Auctioneer Institute
  • CES – Certified Estate Specialist
  • GPPA – Graduate Personal Property Appraiser – USPAP Compliant
  • FFL License Holder Type 01 Dealer in Firearms 
Liz Drake Auctioneer

Auctioneer Liz Drake

Elizabeth Monteson Drake, CAI, ATS, GPPA, TCAP Tx Auctioneer License #16596

  • Vice President, Secretary and Treasurer of Asset Marketing Pros, LLC
  • Auctioneer and Marketing Manager
  • A graduate of the Texas Auction Academy 
  • TCAP – Texas Certified Auction Professional
  • CAI – Certified Auctioneer Institute 
  • ATS – Auction Technology Specialist
  • GPPA – Graduate Personal Property Appraiser – USPAP Compliant

What do those letters after an auctioneer’s name mean?

The letters behind the auctioneer’s name indicate the education acquired by the auctioneer. In our state, we must attend 80 classroom hours at an accredited auction school. At the end of the 80 hours, we must pass the school’s exam and then apply to take and pass the Texas State Auctioneer exam. Just to become an auctioneer. After we complete our licensing Texas requires auctioneers to complete 8 hours of continuing education every year. Fail to meet the continuing education requirements, and they will revoke your license. Auction companies are the only retail businesses required to have a license to operate in the State of Texas. So here is one thing to keep in mind when you are looking to sell your assets. Estate Sale Companies and resale shops or retailers do not have to be licensed.

We continue our education to promote and market our auctions for our clients. We believe knowledge is essential to continue to grow personally and professionally. This also helps us to assist our buyers and sellers in an ever-changing market.

Here is a short explanation of our designations and certifications

Certified Auctioneer Institute = CAI

CAI is the professional designation awarded to auctioneers who meet the experience, education, and ethical standards set by the NAA Education Institute. To be granted the CAI designation, auctioneers must have been practicing full-time auctioneers for at least two years (before attending the Institute). Attend all three years of CAI at the Indiana University, to include more than 120 classroom hours. They must also complete special projects and complete 24 hours of continuing education every three years to stay accredited. This course has been referred to by many as the Masters of Auctioneering.

Auction Technology Specialist = ATS

A professional designation awarded by the NAA Education Institute helps professional auctioneers understand today’s marketing, both technology-based and traditional. To achieve the ATS designation, an auctioneer must complete 24 classroom hours. And provide a custom auction summary report based on knowledge from the designation course, hold online-only auctions, and 24 hours of continuing education every three years.

Certified Estate Specialist = CES

The CES professional designation awarded by the NAA Education Institute helps professional auctioneers understand how to conduct and deal with estates’ settling properly. The course also educates professional auctioneers on working with family members and dealing with lawyers and accountants. To earn this designation, the auctioneer must complete 21 classroom hours and complete 24 hours of continuing education every three years.

Graduate Personal Property Appraiser = GPPA

NAA Education Institute awards this professional designation to qualified property appraisers who meet the education and experience requirements of the Institute. They must also adhere to a strict code of ethics and standards of practice set forth by the NAA. To be designated with the GPPA, auctioneers are required to complete 35 classroom hours, a detailed written appraisal report, and proof of at least two affidavits of appraisals. This designation also requires 24 hours of continuing education every three years.

Texas Certified Auction Professional = TCAP

This professional certification is offered to auctioneers to enhance their business and professional services to the public. Courses cover business management, marketing, and operations. Top-notch auction industry leaders presented classes covering topics to enhance our business and personal lives while moving our businesses forward. This is especially different and challenging in this global marketplace. Now more than ever, how and where we conduct auctions changes how we learn and conduct business.

Remember #ThinkAuctionFirst

Click the link buttons below to learn more

National Auctioneers Association     Texas Auctioneers Association 

If you need assistance to bid or register – Call on Auctioneer Liz Drake to help with “how-to” basics. She will show you how to use our free mobile app. She will tell how the software works in the new world of online auctions. Rule number one, always remember to read the terms and conditions BEFORE you bid ;). This is great advice for any type of auction, live or online.

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