Great Seal of the State of Tennessee

 

In the United States, auctions are regulated on a state by state basis. The Uniform Commercial Code (UCC) is a general “code of commerce” which serves as the basis for auction law and has been drafted, by many states, into their license law. Auctioneers in states that do not have a license law are required to follow UCC guidelines (Louisiana by analogy).

 

Auction School: Western College of Auctioneering is an approved auction school in the State of Tennessee.

State Auction License Required: Yes.

State License Required for Online-Only Auctions:  No, but “it must start at the exact time listed and close at the exact time that is stated.”

Minimum Age: 18; 21 for auto.

School/Apprenticeship Required: Yes.

Bonding/ Insurance: $50 to Recovery Fund.

Licensing Period: Two years from issue date.

Continuing Education Required: Yes, six hours every two years.

Fees: Exam $125, License $175, Application $50.

Reciprocity: AL, AR, FL, GA, IN, KY, LA, MS, NC, OH, PA, SC, TX, VA, WV, WI

State Auctioneers Association: http://www.tnauctioneers.com

State Real Estate Contact: https://www.tn.gov/commerce/regboards/trec.html

Tennessee Auctioneer Commission

500 James Robertson Pkwy.

Nashville, TN 37243-0565

615.741.2241

https://www.tn.gov/commerce/section/auctioneers

*Courtesy in part of: The National Auctioneers Association

Auctioneer License Requirements by State

In the United States, auctioneer license requirements vary from state to state. Please visit our Auctioneer License Requirements by State page for additional licensing laws and auction resources for each state.