100+ Free TX Auctioneer Practice Questions

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A Texas auctioneer collects $100,000 at an auction. The contract provides for a 15% commission, $3,000 in advertising, and $2,000 in setup expenses — all charged to the seller. What net amount does the seller receive?

$90,000

$85,000

$82,000

$80,000

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ArticleFree Auctioneer Practice Test by State 2026: 2,100+ Questions24 min read

2026 Statistics

Key Facts: TX Auctioneer Exam

75%

Passing Score

TDLR

80 Q

Total Questions

75 scored + 5 pretest

120 min

Time Limit

PSI

$52

Exam Fee

PSI / TDLR

Ch. 1802

Governing Statute

TX Occupations Code

Texas requires auctioneers to pass a PSI-administered exam with 80 questions (75 scored + 5 pretest) in 120 minutes. A score of 75% on scored questions is required to pass. The exam fee is $52. Content spans 12 topic areas with the heaviest weight on the Auctioneer Act and Rules (18 questions), Business and Commerce Code (9 questions), and real estate auctions (8 questions). Licensing is administered by TDLR under Occupations Code Chapter 1802.

Sample TX Auctioneer Practice Questions

Try these sample questions to test your TX Auctioneer exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under the Texas Auctioneer License Act (Occupations Code Chapter 1802), which state agency regulates auctioneers?

A.Texas Real Estate Commission (TREC)

B.Texas Department of Licensing and Regulation (TDLR)

C.Texas Comptroller of Public Accounts

D.Texas Secretary of State

Explanation: The Texas Department of Licensing and Regulation (TDLR) is the state agency responsible for regulating auctioneers under Texas Occupations Code Chapter 1802. TDLR issues licenses, establishes rules, investigates complaints, and takes disciplinary action against auctioneers who violate the law. The examination is administered by PSI on behalf of TDLR.

2How many total questions are on the Texas auctioneer licensing exam?

A.50 questions

B.75 questions

C.80 questions (75 scored + 5 pretest)

D.100 questions

Explanation: The Texas auctioneer exam has 80 total questions: 75 scored questions that count toward the passing score and 5 unscored pretest questions being evaluated for future exams. Candidates cannot identify which questions are unscored, so they should answer all 80 questions to the best of their ability. A score of 75% on the scored questions is required to pass.

3What is the passing score for the Texas auctioneer licensing exam?

A.60%

B.70%

C.75%

D.80%

Explanation: The passing score for the Texas auctioneer licensing exam is 75% on the 75 scored questions. This means a candidate must answer at least 57 of the 75 scored questions correctly. The 5 pretest questions do not count toward the passing score. The exam must be completed within 120 minutes.

4What is the fee for the Texas auctioneer licensing examination?

A.$25

B.$52

C.$100

D.$150

Explanation: The Texas auctioneer licensing examination fee is $52, paid directly to PSI when scheduling the exam. This fee covers the cost of exam administration at a PSI testing center. Additional costs for licensure include the TDLR application fee, which is separate from the exam fee.

5How much time is allowed to complete the Texas auctioneer exam?

A.60 minutes

B.90 minutes

C.120 minutes

D.180 minutes

Explanation: Candidates are allowed 120 minutes (2 hours) to complete the Texas auctioneer licensing exam. With 80 questions in 120 minutes, candidates have an average of 1.5 minutes per question. Effective time management is important — candidates should not spend too long on any single question and should flag difficult questions for review.

6Which exam topic area has the MOST questions on the Texas auctioneer exam?

A.Deceptive Trade Practices (6 questions)

B.Business and Commerce Code (9 questions)

C.Auctioneer Act and Rules (18 questions)

D.Real Estate (8 questions)

Explanation: The Auctioneer Act and Rules section has the most questions on the Texas exam with 18 scored questions, covering Texas Occupations Code Chapter 1802 and TDLR administrative rules. This is the most heavily weighted topic, representing 24% of the scored questions. Candidates should devote significant study time to mastering the Auctioneer License Act and TDLR regulations.

7Under the Texas Deceptive Trade Practices Act (DTPA), which of the following constitutes a deceptive trade practice at an auction?

A.Offering items at auction without a minimum price

B.Misrepresenting the characteristics, ingredients, uses, benefits, or qualities of goods offered at auction

C.Charging a buyer's premium that is clearly disclosed

D.Conducting an absolute auction

Explanation: Under the Texas DTPA (Business and Commerce Code Chapter 17), misrepresenting the characteristics, ingredients, uses, benefits, or qualities of goods constitutes a deceptive trade practice. This includes false claims about an item's age, origin, condition, or authenticity at auction. The DTPA provides consumers with remedies including actual damages, treble damages for knowing violations, and attorney's fees.

8Under Texas law, what is the PRIMARY duty of an auctioneer to the seller (principal)?

A.To obtain the lowest possible price

B.A fiduciary duty to act in the seller's best interest, including loyalty, honesty, and full disclosure

C.To maximize the buyer's premium collected

D.To minimize the time spent conducting the auction

Explanation: An auctioneer in Texas owes a fiduciary duty to the seller (principal), which includes loyalty, honesty, good faith, full disclosure of material information, and the obligation to act in the seller's best interest. This duty requires the auctioneer to obtain the best possible price, protect the seller's property, account for all proceeds, and avoid conflicts of interest.

9Under Texas Occupations Code Chapter 1802, what is required before a person can practice as an auctioneer in Texas?

A.No requirements — anyone can conduct auctions

B.The person must obtain an auctioneer license from TDLR

C.Only a general business license is required

D.A real estate license is sufficient

Explanation: Texas Occupations Code Chapter 1802 requires any person who conducts auctions or acts as an auctioneer in Texas to obtain an auctioneer license from TDLR. Practicing without a license is a violation subject to civil penalties and criminal prosecution. A general business license or real estate license does not substitute for an auctioneer license.

10Under the Texas Business and Commerce Code, what is the legal effect of the fall of the auctioneer's hammer?

A.It has no legal significance

B.It completes the sale and forms a binding contract between the seller and the highest bidder

C.It merely indicates the auctioneer's preference

D.It creates an option for the buyer to purchase

Explanation: Under the Texas Business and Commerce Code (adopting UCC 2-328), a sale by auction is complete when the auctioneer announces it by the fall of the hammer or other customary manner. At that point, a binding contract is formed between the seller and the highest bidder, and title to the goods transfers to the buyer. This is the moment of contract formation in an auction sale.

About the TX Auctioneer Exam

The Texas auctioneer licensing exam has 75 scored questions plus 5 unscored pretest items (80 total) covering the Texas Auctioneer License Act (Occupations Code Chapter 1802), Business and Commerce Code, deceptive trade practices, real estate auctions, sales tax, contracts, trust funds, and general auction knowledge. The exam is administered by PSI on behalf of TDLR.

Questions

80 scored questions

Time Limit

2 hours

Passing Score

75%

Exam Fee

$52 (PSI / Texas Department of Licensing and Regulation (TDLR))

TX Auctioneer Exam Content Outline

24%

Auctioneer Act & Rules

Texas Occupations Code Chapter 1802, TDLR rules, licensing requirements, disciplinary actions, continuing education

12%

Business & Commerce Code

Texas Business and Commerce Code provisions affecting auctions, UCC Article 2, sales of goods

11%

Real Estate Auctions

Texas real estate auction requirements, TREC rules, disclosure obligations, contract requirements

General Auction Knowledge

Auction types, bid calling, auction procedures, cataloging, property inspection, appraisal methods

Deceptive Trade Practices

Texas DTPA, prohibited practices, consumer protection, false advertising, remedies

Sales Tax

Texas sales tax collection, exemptions, reporting requirements, auctioneer tax obligations

Contracts

Auction contracts, consignment agreements, terms and conditions, breach and remedies

Selling Vehicles at Auction

Texas motor vehicle auction requirements, title transfer, dealer licensing, disclosure obligations

Alcohol, Tobacco & Firearms

Federal and Texas regulations for auctioning regulated items including ATF requirements

Trust Funds

Trust account requirements, commingling prohibitions, escrow procedures, settlement timelines

Food, Drug & Cosmetic Salvage

Texas Health and Safety Code salvage requirements, licensing for salvage auctions

Parks & Wildlife Code

Texas Parks and Wildlife regulations affecting auctions of wildlife, taxidermy, and related items

How to Pass the TX Auctioneer Exam

What You Need to Know

Passing score: 75%
Exam length: 80 questions
Time limit: 2 hours
Exam fee: $52

Keys to Passing

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

TX Auctioneer Study Tips from Top Performers

1Focus on the Auctioneer Act and Rules (18 questions) — know Texas Occupations Code Chapter 1802 and TDLR administrative rules thoroughly

2Master the Business and Commerce Code provisions (9 questions) including UCC Article 2 as adopted in Texas

3Study real estate auction requirements carefully (8 questions) — know TREC rules and disclosure obligations

4Learn Texas Deceptive Trade Practices Act (DTPA) provisions and how they apply to auction transactions

5Understand Texas sales tax collection, reporting, and exemption rules for auctioneers

6Review trust fund requirements — know the rules about commingling, escrow, and settlement timelines

Frequently Asked Questions

How many questions are on the Texas auctioneer exam?

The Texas auctioneer exam has 80 total questions: 75 scored questions and 5 unscored pretest questions that are being evaluated for future exams. You cannot tell which questions are unscored. You need 75% on the scored questions to pass, and you have 120 minutes to complete the exam.

Who administers the Texas auctioneer exam?

The exam is administered by PSI on behalf of the Texas Department of Licensing and Regulation (TDLR). TDLR oversees auctioneer licensing under the Texas Occupations Code Chapter 1802 (Auctioneer License Act).

What topics have the most questions on the Texas auctioneer exam?

The Auctioneer Act and Rules has the most questions (18), followed by Business and Commerce Code (9), real estate auctions (8), general auction knowledge (7), deceptive trade practices (6), and sales tax (6). The remaining topics have 3-4 questions each.

How much does the Texas auctioneer exam cost?

The Texas auctioneer exam fee is $52, paid directly to PSI when scheduling your exam. Additional costs include the TDLR license application fee and any required continuing education. The exam is available at PSI testing centers throughout Texas.

100+ Free TX Auctioneer Practice Questions

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