Alabama requires every auctioneer and apprentice auctioneer to file a $10,000 bond with the Board of Auctioneers — no license issues until it's on file. Ours is $300 flat, which is 3% of the bond amount. The application is five minutes.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your auctioneer or apprentice license application. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
An Alabama auctioneer bond is a consumer-protection guarantee. You handle other people's property and the proceeds of selling it — the Board of Auctioneers wants a financial backstop that you'll conduct your business honestly and in line with the Auctioneers chapter.
It's a three-party arrangement: you (the principal), the surety carrier, and the Board of Auctioneers (the obligee), with buyers and sellers as the protected parties. If an auctioneer commits fraud or breaches a contract and someone is harmed, that party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must be made payable to the board and stay on file for the life of your license; we track it and notify you ahead of expiration so your license never lapses over a missed renewal.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.