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1) Electronic auction sale. --A public auction of personal property may be conducted by means of an online or electronic auction sale. During an electronic auction sale, bids shall be accepted electronically at the time and in the manner designated in the advertisement.

School/Apprenticeship Required: Yes, 20 credit hours from approved school, apprentice for 2 years AND 30 auctions. Licensing Period: Two years, expires February 28 of odd years. Fees: Application/License, $50, Renewal $260. Refer to 1.41 of the regulation for more fees.

No Degree Requirement - The prescribed course of study in auctioneering shall consist of 20 credit hours of instruction, including 2 credit hours of practicum or cooperative practical experience, and the course shall be taken at schools approved by the Board.

How Much Commission Does an Auctioneer Make? A seller will usually have to pay an average auctioneer commission percentage of around 2% ? 2.5% plus VAT upon the sale of their property. However, this amount ? and the way it is paid ? may vary depending on the auction house.

§ 1.41. Schedule of fees. Effective December 10, 2022Special license to conduct auction$120Application fee to approve course$180Certification of scores, permit or registration$25Verification of license, registration, permit or approval$158 more rows

Best Auctioneer Courses of 2023 Best Overall Course: America's Auction Academy. Best Pricing Options: Western College of Auctioneering. Best Support Post-Attendance: Continental Auctioneers School. Best Comprehensive Course: World Wide College of Auctioneering. Best Hands-On Course: Reading Area Community College.