100+ Free PA Auctioneer Practice Questions
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Key Facts: PA Auctioneer Exam
CBT
Computer-Based Test
Pearson VUE
75%
Passing Score
State Board
2 hr
Time Limit
Pearson VUE
16 hrs
CE per Renewal
Biennial
Ch. 73
Governing Statute
63 Pa.C.S.
Pennsylvania's auctioneer exam is a computer-based test administered by Pearson VUE with daily availability. The exam covers the Auctioneer Licensing and Trading Assistant Registration Act (63 Pa.C.S. Chapter 73), UCC auction provisions, advertising rules, trust account requirements, and fiduciary duties. Licenses are renewed biennially with 16 hours of continuing education required.
About the PA Auctioneer Exam
The Pennsylvania auctioneer licensing exam covers 63 Pa.C.S. Chapter 73 (Auctioneer Licensing and Trading Assistant Registration Act), auction law and procedures, contract law, UCC provisions for auction sales, advertising regulations, financial math, agency law, and ethical practices for auctioneers.
Questions
100 scored questions
Time Limit
2 hours
Passing Score
75%
Exam Fee
Varies (Pearson VUE / PA State Board of Auctioneer Examiners)
PA Auctioneer Exam Content Outline
Pennsylvania Auctioneer Law
63 Pa.C.S. Chapter 73, State Board of Auctioneer Examiners, licensing requirements, trading assistant registration, disciplinary actions
Contract Law & UCC
UCC Article 2 auction provisions, statute of frauds, title transfer, warranties, buyer default, offer and acceptance
Auction Ethics
Shill bidding prohibitions, conflict of interest, disclosure requirements, trust accounts, professional conduct standards
Auction Procedures
Bid calling, reserve vs. absolute auctions, bid increments, settlement procedures, order of sale, online auctions
Advertising Rules
Required disclosures, license number display, reserve/absolute designation, prohibited advertising practices
Financial Math
Commission calculations, buyer premiums, settlement statements, sales tax (6% + local), tiered commission structures
Principal-Agent Law
Agency relationships, fiduciary duties, express vs. apparent authority, ratification, duty of obedience
How to Pass the PA Auctioneer Exam
What You Need to Know
- Passing score: 75%
- Exam length: 100 questions
- Time limit: 2 hours
- Exam fee: Varies
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
PA Auctioneer Study Tips from Top Performers
Frequently Asked Questions
How hard is the Pennsylvania auctioneer exam?
The PA auctioneer exam is a computer-based test administered by Pearson VUE. It covers 63 Pa.C.S. Chapter 73, UCC auction provisions, contract law, advertising rules, ethics, and financial math. Most candidates who study the PA Auctioneer Licensing Act and practice with exam-style questions can pass on their first attempt with focused preparation.
What are the Pennsylvania auctioneer license requirements?
Pennsylvania requires applicants to be at least 18 years old, complete approved pre-license education, pass the Pearson VUE licensing exam with 75% or higher, obtain a surety bond, and submit an application to the State Board of Auctioneer Examiners. A background check is also required.
What is a trading assistant in Pennsylvania?
Under 63 Pa.C.S. Chapter 73, a trading assistant is a person employed by a licensed auctioneer to assist in conducting auctions. Trading assistants must be registered with the State Board and work under a licensed auctioneer's supervision. They may clerk, cashier, and manage registrations but cannot call bids.
How often must Pennsylvania auctioneers renew their license?
Pennsylvania auctioneer licenses are renewed biennially (every 2 years). Renewal requires completing 16 hours of approved continuing education, paying the renewal fee, and submitting the renewal application before the expiration date.