Answer: In South Africa there is no need for Auctioneers to be SETA accredited to conduct Auctions of movable assets, such as furniture, motor vehicles, machinery, livestock and so on. However when conducting Auctions of real estate, it is compulsory to study and become a qualified real estate agent (NQF 5) which takes approximately 2 years to complete and to register with the Real Estate Agency Affairs Board as a Principal.