All auctioneers and auction companies operating in Washington state. Required when: Application for or retention of an auctioneer or auction company certificate of registration. Exemptions: Individuals selling their own personal property; auction sales required by law or conducted by a public authority; sole proprieto…
Overview
What it is.
All auctioneers and auction companies operating in Washington state. Required when: Application for or retention of an auctioneer or auction company certificate of registration. Exemptions: Individuals selling their own personal property; auction sales required by law or conducted by a public authority; sole proprieto…
Who usually needs it
All auctioneers and auction companies operating in Washington state.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateWABond amountAuctioneer: $5,000 fixed. Auction Company: Based on gross value of goods and re…Term lengthContinuousObligeeWashington State Department of LicensingRenewalThe bond must be maintained on file with the Department of Licensing as a condition of licensure. Licenses are renewed annually, and the bond amount for companies must be adjusted based on the previous year's gross sale…Bond classLicense BondCategoryProfessional ServicesBondAuctioneer Surety BondStatutory referenceRCW 18.11.121JurisdictionState
