Membership Survey Results
In 2003, NAA initiated the first extensive and professional data collection about auction industry gross sales. On behalf of NAA, MORPACE International created the survey tool and conducted more than 1,300 interviews with Auctioneers.
This national sample of the industry included firms that were NAA members, non-NAA members, and large companies that accounted for significant market share in various auction specialty areas. A model was developed to project industry-wide sales based on this comprehensive information.
Using the original sales relationships between NAA members and the industry, the MORPACE model projects industry-wide sales based primarily on interviews with NAA members. Since 2004, industry-wide gross sales receipts have been derived from quarterly interviews with NAA members and by collecting year-end sales activity of mega-firms within specific auction specialties.