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Exam Review

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

The PSI Texas Auctioneer exam contains 80 questions—75 scored and 5 unscored—and allows 120 minutes. A 75% score is required, so a whole-number minimum of 57 correct scored answers is needed. The fee is $52. The largest current domains are Occupations Code Chapter 1802 and Rules Chapter 67 (16 items), General Auction Practices (12), Business & Commerce Code (9), and Real Estate (8).

Sample TX Auctioneer Practice Questions

Try these sample questions to review concepts for the TX Auctioneer exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 113+ 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 (16 questions)
D.Real Estate (8 questions)
Explanation: Per the PSI Auctioneer Candidate Information Bulletin content outline (effective 9/1/2020), the Auctioneer Occupations Code Chapter 1802 and Administrative Code Chapter 67 section has the most questions on the Texas exam with 16 of the 75 scored questions, covering license requirements, advertising, violations/penalties, and the Auctioneer Education and Recovery Fund. This is the most heavily weighted topic, representing about 21% of the scored questions, followed by General Auction Practices (12 questions, 16%). Candidates should devote significant study time to mastering the Auctioneer License Act and TDLR administrative rules.
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. Its 11 official content areas cover Texas auctioneer law and rules, commercial and consumer law, real estate, sales tax, contracts, regulated goods, vehicles, wildlife, salvage goods, and general auction practice.

Exam sponsor: PSI / Texas Department of Licensing and Regulation (TDLR). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Questions

80 questions

Time Limit

2 hours

Passing Score

75%

Exam / Certification Fees

$52

Exam sponsor website

Reported exam pass rate: 51.6%. TDLR FY2025 written examination pass rate (48 passes among 93 examinations) This describes exam candidates, not OpenExamPrep users or results from using our resources. Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

12% (9 items)

Business & Commerce Code

Data security; reserve sales; sale of goods; terms and conditions; secured-transaction terminology

8% (6 items)

Deceptive Trade Practices

Texas DTPA prohibitions, consumer status, notices, defenses, and remedies

4% (3 items)

Food, Drug, Device & Cosmetic Salvage Act

Bedding; distressed medical devices and health equipment; human-consumption products and cosmetics

10.7% (8 items)

Real Estate

Manufactured housing; real property; bankruptcy; foreclosure; and lien searches

4% (3 items)

Parks & Wildlife

Restrictions and documentation for wildlife, parts, alligators, and fur-bearing animals

5.3% (4 items)

Selling Vehicles

Auctioneer dealer exclusion, titles, odometers, and salvage vehicles

8% (6 items)

Sales Tax

Agricultural exemptions; filing; recordkeeping; tax and resale exemptions

5.3% (4 items)

Contracts

Written auction contracts, terms, formation, breach, and remedies

5.3% (4 items)

Selling Alcohol, Tobacco & Firearms

TABC temporary-event rules, federal tobacco requirements, and ATF auction rules

21.3% (16 items)

Auctioneer Occupations Code Chapter 1802 & Rules Chapter 67

Advertising; definitions; licensing; violations; penalties; education; and the recovery fund

16% (12 items)

General Auction Practices

Bid calling and the auction process; recordkeeping and accounting; and industry definitions

Preparing for the TX Auctioneer Exam

What You Need to Know

  • Passing score: 75%
  • Exam length: 80 questions
  • Time limit: 2 hours
  • Exam / certification fees: $52 Official sources

Using Our Practice Resources

  • Work through all 113 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

TX Auctioneer: Suggested Study Strategy

1Prioritize Occupations Code Chapter 1802 and Rules Chapter 67 (16 scored items), including advertising, licensing, violations, penalties, education, and the recovery fund
2Practice the full General Auction Practices domain (12 items): process, bid calling, recordkeeping, accounting, and definitions
3Master all five Business & Commerce Code subtopics (9 items), including Chapter 521 data security and Article 9 secured-transaction terminology
4Study the Real Estate domain (8 items), including manufactured housing, bankruptcy, foreclosure, and lien searches as well as TREC auction limits
5Learn DTPA and sales-tax rules, especially certificates, agricultural exemptions, filing, and four-year tax record retention
6Review the rules for alcohol, tobacco, firearms, vehicles, salvage goods, and wildlife against the current agency sources

Frequently Asked Questions

How many questions are on the Texas auctioneer exam?

The exam has 80 total questions: 75 scored and 5 unscored pretest questions. You cannot identify the unscored items. A 75% score requires at least 57 correct among the 75 scored questions, and the time limit is 120 minutes.

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 current outline assigns 16 scored items to Occupations Code Chapter 1802 and Rules Chapter 67, 12 to General Auction Practices, 9 to Business & Commerce Code, 8 to Real Estate, 6 each to Deceptive Trade Practices and Sales Tax, 4 each to Vehicles, Contracts, and Alcohol/Tobacco/Firearms, and 3 each to Salvage and Parks & Wildlife.

How much does the Texas auctioneer exam cost?

The PSI examination fee is $52. The initial TDLR application is $50 and the Auctioneer Education and Recovery Fund fee is another $50, for $100 paid with the license application.