The Board of Auctioneers works under the Florida Department of Business and Professional Regulation to regulate auctioneers in the State of Florida. All auctioneers need to obtain a license to legally do business in Florida and may need to obtain a Florida Auctioneer Surety Bond.
You can choose to apply for an auctioneer’s license with an examination based on education or by examination based on apprenticeship. The requirements include a completed application form and supplementary documentation that supports the applicant’s education or experience. A fee of $444.50 made out to the Florida Department of Business and Professional Regulation must also be included with the application. You can learn more about these requirements on the Florida Department of Business and Regulation’s website.
Auctioneer Surety Bonds are put in place to help protect against any misconduct. The bond protects the buyer’s bids/purchases. Auctioneer surety bonds also protect against any sort of misrepresentation of items auctioned and any substitution of goods. Additionally, the bond guarantees the recovery of fines, expenses and/or fees levied by state regulators for non-compliance of the auctioneer. Auctioneer license holders who fail to operate responsibly may be subject to a bond requirement. Some entities may also prefer, or even require, that an auctioneer be bonded, for financial protection for the auction.
Simply fill out our free online application and one of our licensed agents will contact you within one business day with a no-obligation quote for your bond! After any necessary paperwork has been signed and the premium payment has been collected, your bond will be shipped to you via USPS priority mail.
Surety Solutions Insurance Services, Inc. (Surety1) has been issuing surety bonds since 2003 and understands the need for quality service, hence our A+ rating from the Better Business Bureau.