WA auctioneer bonds.
From $100. Partnership.
Washington conditions an auctioneer or auction company license on a surety bond filed with the Department of Licensing under chapter 18.11 RCW. This is the filing for a partnership. An auctioneer’s bond is $5,000; an auction company’s is $5,000 to $25,000, set by DOL from the value of the goods and real estate sold at its auctions; premiums are 1% of the bond amount, with a $100 minimum, and your exact price appears at the application.
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Apply to filed in one sitting.
No underwriting queue for most standard auctioneer bonds — enter your amount, pay, and file with DOL. Here is the whole thing:
Apply online
Your partnership details, the bond amount DOL required, and the effective date — that is the entire application. No credit section to fill out.
Issued on the spot
Most applications approve instantly and no waiting — the executed bond is generated as soon as you pay.
File with the Department of Licensing
Submit the executed bond with your auctioneer / auction company license application. Wet-ink originals mailed whenever the agency insists.
What it is and who needs it.
What the auctioneer bond actually covers
Washington licenses auctioneers and auction companies through the Department of Licensing under chapter 18.11 RCW, and conditions the license on a surety bond on file with the department. The bond is a public-protection guarantee: it stands behind the money you handle for consignors and buyers, and your compliance with auctioneer law.
Under chapter 18.11 RCW, an auctioneer’s bond is $5,000 and an auction company’s is not less than $5,000 and not more than $25,000. DOL sets the auction company figure from the value of the goods and real estate sold at its auctions — for an existing company, the previous calendar year; for a new company, an estimate for the current year. This filing names the principal as a partnership.
If an auctioneer commits fraud, fails to remit proceeds, or doesn’t pay required taxes, fines, or fees, the harmed party can recover against the bond — and if the surety pays, you repay the surety. We write the amount DOL set, from $100, with most applicants qualifying at or near that minimum.
You need this bond if you are
Sixty seconds to your price.
Submit the application with the bond amount DOL set — your exact price appears immediately, and the executed bond is generated on payment.
Start the application →Common questions.
Other Washington bonds.
Auctioneer bond, issued today.
Premiums from $100. Enter the amount DOL set and see your exact price at application.