How to Get Real Estate Auction License 2020 | Apply for an Auctioneer Licence

How to Get Real Estate Auction License 2020 | Apply for an Auctioneer Licence

How to Get Real Estate Auction License : There are several ways to get the Real Estate Auction License.

Apply for an Auctioneer Licence

You must have a current licence to work an auctioneer of real estate property. If you want a auctioneer licence then you will have to follow us:

how-to-get-real-estate-auction-license
how to get real estate auction license

Authorized Activities

However, an auctioneer licence is must important to sell the property by auction. This includes attempting or offering to sell the property.

Real property includes:

  • Dwelling
  • Community Title Lots
  • Business
  • Vacant Land

It will also allow to sell:

  • However, other types of properties sell by the auction, but only if property is connect to a real estate auction (such as a livestock as part of an auction for a farm house and rural land).
  • The property by any means during the auction period.

You can work alone, with others or as an employee of:

  • An Auctioneer
  • A real estate agent

Note: You don’t need a licence to run a charity auction if you don’t receive reward (payment) for it.

Eligibility for Auction

To be eligible for an auctioneer licence, you must:-

  • Moreover, the auctioneer will the age of 18 years old age or the above age age for the participating in the auction.
  • Pass the required training courses.

Suitability for Auction

You are not suitable to hold licence if you:-

  • However, you are an insolvent under administration.
  • If, you are currently disqualified from holding a licence or registration.
  • You have been convicted of a serious offence within the past five year

Some other suitability, you are not suitable for auction:

  • Thus, if you have a criminal history.
  • You have been executive officer of a corporation(which was previously licensed) that has gone insolvent.
  • Were the subject of a successful claim fund action.
  • If, you have been cancelled or suspended from holding a licence or registration certificate.
  • However, if you are disqualified from being a company director.
  • You are unsuitable because of your character or the character of your business associates.
  • If, you have been previously disqualified from holding a licence or registration certificate.
  • Moreover, disqualified from being a company director.

Serious Offence for Auction

However, you are considerable unsuitable if you have been found guilty of a serious offence in the past five years. Thus, a serious offence is anything by three or more years in prison

These includes:-

  • Arson
  • Unlawful Stalking
  • An offence of a sexual nature.
  • Violent offences (including threats to use violence)
  • Fraud and dishonesty
  • Extortion
  • Drug Trafficking

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