100+ Free NC Auctioneer Practice Questions
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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
NC Laws & Rules
North Carolina General Statutes Chapter 85B, NC Auctioneer Licensing Board rules, licensing requirements, exemptions, prohibited practices, and disciplinary actions
Conduct of Auctions
Bid calling techniques, opening bids, bid increments, auction pacing, bid acceptance and rejection, dispute resolution, and auction-day logistics
Auctioneering Ethics
Fiduciary duties, shill bidding prohibitions, disclosure requirements, conflicts of interest, trust account handling, and professional conduct standards
Contract Drafting
Auction contracts, consignment agreements, terms and conditions of sale, buyer-seller contracts, and legally binding auction terms
Advertising
NC advertising compliance, required disclosures in auction ads, truth-in-advertising, reserve/absolute terminology, and Board advertising rules
Settlement Statements & Basic Math
Commission calculations, settlement statements, buyer premiums, sales tax computations, trust account reconciliation, and disbursement math
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
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.