Apprentice Auctioneer

Much Like An Auctioneer Except That The Apprentice Auctioneer Is Guided By Stricter Standards. This Is An Individual Who Is Supervised By A Sponsor Auctioneer And Who In Addition To Calling Bids, Contracts For Auctions, Accepts Consignments Of Items For Sale At Auction, Advertises An Auction, Offers Items For Sale At Auction, Accepts Payment Or Disburse Monies For Items Sold At Auction, Or Otherwise, Solicits, Arranges, Sponsors, Or Manages An Auction Or Holds Themselves Out As An Apprentice Auctioneer. Each apprentice auctioneer application and license shall name a licensed auctioneer to serve as the supervisor of the apprentice. No apprentice auctioneer may enter into an agreement to conduct an auction, or conduct an auction, without the express approval of his supervisor. The supervisor shall review all contracts before approving them and shall regularly review the records his apprentice is required to maintain under G.S. 85B-7 to see that they are accurate and current, and shall perform such other supervisory duties as may be required by the Commission.

Other Information

Duration of License

Annually

Authority

GS 85B

Exam: No Exam
License Type: Registry

Fees

Application
$50.00
New License
$100.00
Renewal
$100.00
Reciprocity:
$0.00
Miscellaneous:
$0.00

Other Requirements

A minimum of 100 hours of experience during the apprenticeship two-year period shall be obtained. Not less than 25 of the total hours accumulated must be attributable to bid calling and not less than 50 hours shall be attributable to working as a ring person, drafting and negotiating contracts, appraising merchandise, advertising, lerking and cashiering, with not less than five hours of accumulated experience documented for each category. An apprentice who applies for an auctioneer license under this Part shall submit his application and supporting documentation and obtain a passing score on the auctioneer exam prior to the expiration of his apprentice auctioneer license. Recovery Fund Fee $50.00; Fingerprint Processing Fee - $38.00.

Licensing Authority

NC Auctioneer Licensing Board
108 Ber Creek Drive
Fuquay-Varina, NC 27526-
919-567-2844

Occupational Information

Sales and Related Workers, All Other

Occupational profile

Please check with your local City, County or Municipality for area specific license requirements they may have.