They appraise the merchandise before the sale and assemble it into lots according to its type or estimated value. Auctioneers encourage and stimulate the bidding to increase the selling price. Auctioneers must graduate from an approved auctioneering school with 80 hours of classroom instruction or serve a two year apprenticeship and acquire 100 hours of practical auctioneering experience. Applicants must successfully pass an examination administered by the Auctioneer Licensing Board.
Fees vary for reciprocal licensees.
There is an additional fee required for newly licensed auctioneers.