About Us ......
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In 2000 Mark and I purchased the existing auction of a retiring auctioneer. Mark attended auction school and I acted as Operations Manager. It soon became clear that I needed to attend auction school so I could be sure our business was compliant with the Indiana licensing laws. In 2002 I also became a licensed auctioneer. During this same time period I was receiving requests for personal property appraisals for the estates we were selling at auction. Feeling the need to be more qualified for this activity I joined ISA and attended the 7 day Core Course in Appraisal Studies. From that point on I pursued my education as both an appraiser and an auctioneer by attending conferences and taking classes in both professions simultaneously. With ISA I studied Antiques and Residential Contents and Fine Arts. With NAA I achieved both the GPPA (Graduate Personal Property Appraiser) and CES (Certified Estate Specialist) designations.
In March of 2008 I received my CAI (Certified Auctioneers Institute) designation after 3 years of study. CAI is the highest and most notably regarded designation awarded in the auction industry. CAI focuses on areas that help auctioneers run a successful and efficient business. These areas of study are legal and financial principals, ethics, marketing, and technology. Less than 5% of auction professionals hold a CAI designation.
One month later, at the ISA Baltimore conference, I received my ISA CAPP (Certified Appraiser of Personal Property).
This is the highest level of recognition the Society can bestow. It is achieved only by undertaking a long-term, intensive course of study in appraisal principles, and passing rigorous examinations on the theory and practice of professional appraising, as well as on ethical standards of practice and legal considerations. At this time there are fewer than 125 CAPP appraisers in ISA.
United Country Bonham Auction & Realty conducts an average of 100 personal property auctions every year at the Indianapolis, Indiana, Gallery. In addition the office is contacted regularly for personal property appraisals for estate tax liability, marital dissolution, bankruptcy and insurance needs. Since joining United Country last September we are also conducting real estate auctions throughout the State of Indiana.
Mark Bonham manages a dynamic website which features photos and information about upcoming auctions. He also uses his expertise in accounting to manage the business finances assuring a prompt & accurate payover after your auction.
Mark & Carol Bonham completed the Auctioneers Society of Certified Appraisers (ASCA) certification from Midway Auction School.
Bonham Auction & Apprasial - since purchasing our auction business in 2000, Bonham's has combined knowledge & experience to bring you a wide range of auction services. Our well trained staff offers a professional approach to liquidating your personal property, be it family heirlooms, private collections or simply items which no longer have a place in your life style.
Bonham Auction & Apprasial is a full service Auction House providing appraisal services for Estate, Divorce, Bankruptcy & Insurance purposes. Auction Services include Estate Sales and Household Downsizing. We are also an eBay Trading Assistant and Power Sellers. We can sell for you on eBay (click here to view our eBay page).
Bonham Auction & Appraisal has received a Federal Firearms license and can handle the sale of firearms. Bonham's can also sell your Real Estate or Vehicles at auction.
Owners:
Carol Bonham, CAI, ISA,CEA, ASCA
Mark Bonham, ASCA
Members - Indiana Auctioneers Association
Members - Auctioneer Society of Certified Appraisers
Members - National Auctioneers Association
Members - Tucker's Home-Link Program
ISA (International Society of Appraisers)
Auctioneers:
Mark Bonham AU10000223
Carol Bonham AU10200034
Mike Verloop AU10500165
Auction House #: AH20100004
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If you are looking to sell property, an auction can maximize your sales revenue above any other method of selling. The National Auctioneers Association promotes the auction method of marketing and enhances the professionalism of its practitioners.
NAA member auctioneers are at the top of their field in the auction business. Ethical, accredited and technology-savvy, NAA members are professionals well versed in the psychology of selling. Their education, experience and networking capabilities stimulate competition among bidders, securing you the highest price per sale. An NAA auctioneer can bring you potential buyers through their experience with advertising, value and appraisal. NAA members are trained to efficiently conduct sales of a wide variety of commodities from real estate to manufacturing equipment to antiques. They utilize traditional "live" auctions, online methods or a combination to effectively market your goods.
Founded in 1949, the NAA continues to build on more than 50 years of excellence. Approximately 6,300 NAA professionals internationally subscribe to a strict Code of Ethics, ensuring you a positive and worry-free sale experience.
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NAA Code of Ethics.......
Every Member of the National Auctioneers Association Pledges to Abide by the Following Code of Ethics:
MISSION The National Auctioneers Association promotes the auction method of marketing and enhances the professionalism of its practitioners.
VISION
Auctions will be viewed as a viable marketplace of choice and auctioneers will be seen as trusted and experienced marketing professionals who are leaders in the community.
PREAMBLE
The public auction subjects all possessions to equitable public appraisal and competitive offer and thereby determines fair and current value of all personal goods and estates.
Auctioneers are masters of procedure and conduct of the public auction. Auctioneers are confidants of the public and instrumentalities of community progress and development. Such functions impose grave responsibilities and duties beyond ordinary business policy to which members must dedicate themselves. Members must strive to maintain the highest standards of the profession and share with fellow Auctioneers a common responsibility for integrity and honor.
Auctioneers will conduct business in accordance with the following Code of Ethics adopted by National Auctioneers Association.
PROFESSIONAL RELATIONSHIPS
Article 1. In the best interest of the public, of fellow Auctioneers and of their own business, Auctioneers should be loyal to National Auctioneers Association.
Article 2. Auctioneers should so conduct their business as to avoid disputes with fellow Auctioneers, but in the event of a controversy between two Auctioneers who are members of National Auctioneers Association, they should not resort to a lawsuit, but submit their differences to arbitration by National Auctioneers Association, and the decision of such arbitration should be accepted as final and binding. If the dispute should be with non-members, the members should offer the services of this Board to arbitrate.
Article 3. Where members are charged with unethical practice, they should promptly and voluntarily place all the pertinent facts before the proper committee for investigation and report.
Article 4. Members should never publicly criticize a competitor, and where an opinion is especially requested, it should be rendered in conformity with strict professional courtesy and dignity.
Article 5. Members should not solicit the services of an employee of a fellow Auctioneer without the fellow Auctioneer's knowledge and consent.
Article 6. In the best interest of society, of the members' associates, and of the members' own business, Auctioneers should at all times be loyal to National Auctioneers Association and active in its works; and should willingly share with fellow members the lessons of their experience.
RELATION TO CLIENTS
Article 7. In justice of those who place their interests in the members' hands, Auctioneers should endeavor to keep abreast of business conditions, to keep informed in matters of law and proposed legislation affecting such interests, so as to give intelligent business advice and effective service.
Article 8. In accepting the sale of real or personal property, members pledge to be fair to both seller and buyer, and to protect the owners' interest as they would their own.
Article 9. When consulted for an appraisal of value or liquidation problem, members should give a well considered opinion, reflecting expert knowledge and sound judgment, taking requisite time for study, inquiry and deliberation. The members' counsel represents a professional service which they should render in writing and for which they should make a reasonable charge. Members should not undertake to give an appraisal or offer an opinion on any proposition on which they have a direct or even indirect interests, without a full disclosure of such interest.
Article 10. Before accepting a sale it is the duty of Auctioneers to advise the owner intelligently and honestly regarding the market value of the business or proposition and the reasonable chance of selling at value or above.
RELATIONS TO THE PUBLIC
Article 11. It is the duty of every member to protect the public against fraud, misrepresentation or unethical practices in connection with the sale, disposal or liquidation of any real or personal property Auctioneers are called upon to dispose of at public auction.
Article 12. It is the duty of members to ascertain all pertinent facts concerning every sale for which they are engaged, so that in offering members may avoid error, exaggeration and misrepresentation.
Article 13. Auctioneers are confidential trustees of the information given by the seller or gained by them through relationship. As such, an auctioneer shall not reveal confidential information pertaining to the relationship and the performance of the auction. This should be considered proprietary information and not released without the prior written consent of the seller or in compliance with requirements of law or orders of any tribunal.
Article 14. Abstain from conduct constituting a felony level crime under federal, state or local law, the penalty for which is, or may be imprisonment, including but not limited to crimes of moral turpitude and dishonesty. A member's conviction of a crime will be considered conclusive evidence that the member committed that crime for the purpose of the Code.
Article 15. No special conditions, real or assumed, or inducements or directions from anyone relieve the member from responsibility strictly to observe the Code of Ethics in this letter and spirit.