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100+ Free NC Auctioneer Practice Questions

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2026 Statistics

Key Facts: NC Auctioneer Exam

100 pts

Exam Score

NC Board

75%

Passing Score

NC Board

1 hr

Time Limit

NC Board

$50

Exam Fee

NC Board

6x/yr

Exam Frequency

NC Board

North Carolina administers its auctioneer exam in-house through the NC Auctioneer Licensing Board. The 1-hour exam requires a 75% score and covers NC auction laws, ethics, bid calling, contract drafting, advertising rules, settlement statements, and basic math. It is offered 6 times per year with a $50 fee.

About the NC Auctioneer Exam

The North Carolina auctioneer licensing exam is administered in-house by the NC Auctioneer Licensing Board. The exam is scored out of 100 points with a passing score of 75%. Candidates have 1 hour to complete the exam, which covers conduct of auctions, auctioneering ethics, contract drafting, bid calling, basic math, advertising, settlement statements, and NC laws and rules. The exam is offered 6 times per year.

Questions

100 scored questions

Time Limit

1 hour

Passing Score

75%

Exam Fee

$50 (NC Auctioneer Licensing Board)

NC Auctioneer Exam Content Outline

25%

NC Laws & Rules

North Carolina General Statutes Chapter 85B, NC Auctioneer Licensing Board rules, licensing requirements, exemptions, prohibited practices, and disciplinary actions

15%

Conduct of Auctions

Bid calling techniques, opening bids, bid increments, auction pacing, bid acceptance and rejection, dispute resolution, and auction-day logistics

15%

Auctioneering Ethics

Fiduciary duties, shill bidding prohibitions, disclosure requirements, conflicts of interest, trust account handling, and professional conduct standards

15%

Contract Drafting

Auction contracts, consignment agreements, terms and conditions of sale, buyer-seller contracts, and legally binding auction terms

10%

Advertising

NC advertising compliance, required disclosures in auction ads, truth-in-advertising, reserve/absolute terminology, and Board advertising rules

10%

Settlement Statements & Basic Math

Commission calculations, settlement statements, buyer premiums, sales tax computations, trust account reconciliation, and disbursement math

10%

Bid Calling & Auction Management

Bid calling techniques, chant development, filler words, number delivery, crowd management, and practical auction skills

How to Pass the NC Auctioneer Exam

What You Need to Know

  • Passing score: 75%
  • Exam length: 100 questions
  • Time limit: 1 hour
  • Exam fee: $50

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

NC Auctioneer Study Tips from Top Performers

1Focus on NC General Statutes Chapter 85B and the NC Auctioneer Licensing Board rules — these make up the largest portion of the exam
2Practice settlement statement calculations including commissions, buyer premiums, taxes, and disbursements since math questions require accuracy under time pressure
3Study contract drafting essentials including required terms of sale, consignment agreement components, and legally binding auction language
4Master the ethics rules including fiduciary duties, shill bidding prohibitions, trust account requirements, and disclosure obligations under NC law
5Review NC-specific advertising requirements including mandatory disclosures, license number display, and auction type terminology rules

Frequently Asked Questions

How many questions are on the North Carolina auctioneer exam?

The NC auctioneer exam is scored out of 100 points. You must score at least 75 out of 100 to pass. The exam is administered in-house by the NC Auctioneer Licensing Board and you have 1 hour to complete it.

How often is the NC auctioneer exam offered?

The North Carolina auctioneer licensing exam is offered 6 times per year by the NC Auctioneer Licensing Board. The exam fee is $50. Check with the Board for specific scheduled dates.

What topics does the NC auctioneer exam cover?

The exam covers conduct of auctions, auctioneering ethics, contract drafting, bid calling, basic math, advertising rules, settlement statements, and North Carolina laws and rules governing auctioneers under NC General Statutes Chapter 85B.

What are the requirements to become a licensed auctioneer in North Carolina?

North Carolina requires candidates to pass the state auctioneer exam with a 75% score, pay the $50 exam fee, meet minimum age requirements, and submit an application to the NC Auctioneer Licensing Board. Additional requirements may include education or apprenticeship hours.