Question 1

What is a Texas auctioneer bond?

Accepted Answer

A Texas auctioneer bond is a $10,000 surety bond required by the Texas Department of Licensing and Regulation (TDLR) for all licensed auctioneers under Texas Occupations Code §1802.254. The bond protects consumers and clients from financial harm caused by auctioneer misconduct, fraud, or failure to remit sale proceeds. It must be maintained throughout the 2-year license term.

Question 2

How much does a Texas auctioneer bond cost?

Accepted Answer

Most Texas auctioneers pay $100–$250 per year for a $10,000 auctioneer bond. The exact premium depends on your credit profile. Well-qualified applicants typically pay around $100/year. Quantum Surety issues TDLR-accepted auctioneer bonds with instant online approval and same-day PDF delivery.

Question 3

Is an auctioneer bond required in Texas?

Accepted Answer

Yes. TDLR requires all licensed auctioneers and apprentice auctioneers in Texas to maintain a $10,000 surety bond under Texas Occupations Code §1802.254 as a condition of licensure. Operating as an auctioneer without a valid TDLR license and surety bond is a violation of state law and can result in fines and license revocation.

Question 4

Do apprentice auctioneers in Texas need a bond?

Accepted Answer

Yes. Both licensed auctioneers and apprentice auctioneers in Texas are required to hold a $10,000 surety bond under TDLR rules. The bond amount and requirement apply equally regardless of whether you hold a full auctioneer license or an apprentice auctioneer license. Texas auctioneer licenses are issued for 2-year terms and must be renewed biennially with TDLR.

Texas Auctioneer Bond — TDLR License Requirement

Requirements

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