Pennsylvania Auctioneer Bond Overview
- Purpose: To hold auctioneers financially liable for following license laws
- Who Needs It: Licensed auction companies, houses and auctioneers in Pennsylvania
- Regulating Body: The Pennsylvania State Board of Auctioneer Examiners
- Bond Amount: $5,000
- Premium Price: $100 for a one-year term
What Is a Pennsylvania Auctioneer Bond?
The Pennsylvania State Board of Auctioneer Examiners requires licensed auction companies, houses and auctioneers to have a $5,000 surety bond. Pennsylvania auctioneer bonds hold auctioneers financially liable for following state licensing laws.
How Much Do Auctioneer Bonds Cost in Pennsylvania?
Pennsylvania auctioneer bonds cost $100 for a one-year term. Or, you can save up to 25% by selecting a multi-year term. Get your bond instantly today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Auctioneer Bond Work?
Auctioneer surety bonds are a legal agreement between three parties.
| Bond Party | Description |
|---|---|
| 1. Principal | You, the licensed auctioneer |
| 2. Obligee | The Board of Auctioneer Examiners |
| 3. Surety | The issuing surety provider |
By being bonded, you agree to follow licensing laws as an auctioneer. If you don’t, the surety will pay harmed parties and you must reimburse the surety.
How Do I Get an Auctioneer Bond?
You can get your Pennsylvania auctioneer bond in minutes! Just follow these quick steps:
- Provide business, license and personal information
- Pay the premium
- File your bond with the Board of Auctioneer Examiners
File your bond by uploading it to the PALS after you pass the auctioneer examination.
How Do I Renew My Auctioneer Bond?
While your license expires every two years, Pennsylvania auctioneer bonds expire annually. Just follow the instructions in our email and text reminders to renew your bond.
You’ll start receiving periodic renewal reminders 90 days before the expiration date. Call 1(800)308-4358 with any questions.
How Do I Update My Bond Information?
If you need to update your bond form, email [email protected] and a surety expert will assist you.
We can often issue a bond rider for small fixes like name and address. However, larger updates may require a new bond form.
How Do I Get an Auctioneer License in Pennsylvania?
There is no degree requirement to get an auctioneer license in Pennsylvania. However, you’ll need to prove prior experience that meets the Board’s requirements.
Apply for your auctioneer license through the Pennsylvania Licensing System (PALS). Complete the following basic steps to get your auctioneer license:
- Login to or create a PALS account
- Pass the exam
- Get a criminal history record check
- File a $5,000 surety bond
- Pay the $200 licensing fee
Note: More experience or materials may be required depending on the entity structure and your eligibility method. For more detailed information, use the PALS application checklist tool.
More Resources
- Auction Bonds — All States
- Pennsylvania Code: Regulations
- Act 48 of 1993: Schedule of Civil Penalties
- Pennsylvania Auctioneer Fees
- Application for Auctioneer License — Individual
- Application for Auctioneer License — Partnerships, Associations or Corporations
- Application for Auction House and Auction Company License

