Individuals applying for an auctioneer or apprentice auctioneer license, and auction houses. Required when: Applying for a license or continuing to act as a licensed auctioneer, apprentice auctioneer, or auction house. Exemptions: Sales conducted on behalf of federal or state government; court-appointed representative…
Overview
What it is.
Individuals applying for an auctioneer or apprentice auctioneer license, and auction houses. Required when: Applying for a license or continuing to act as a licensed auctioneer, apprentice auctioneer, or auction house. Exemptions: Sales conducted on behalf of federal or state government; court-appointed representative…
Who usually needs it
Individuals applying for an auctioneer or apprentice auctioneer license, and auction houses.
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.
StateWVBond amount$25,000Term lengthAnnualObligeeWest Virginia Department of AgricultureRenewalLicenses must be renewed annually by June 30. The bond must be maintained in full effect for the duration of the license.Bond classLicense BondCategoryAgricultureBondCorporate Surety Bond Licensed AuctioneerStatutory referenceWest Virginia Code §19-2C-4JurisdictionState
