Auction company
Please review the requirements for registration before completing an application.
What you’ll need
- A completed Auctioneer/Auction Company Registration Application.
- A completed Financial Certification Affidavit (Form is included in application packet).
- A surety bond (Form is included in application packet). See Bond requirements below for the amount of the bond you’ll need.
- A tax registration number, also known as a Unified Business Identification (UBI) number. If you don’t have a UBI number, you must apply for one by submitting a Business License Application to the Business Licensing Service.
- If you hold client funds for more than 24 hours, you must have a trust account (see RCW 18.11.230).
Bond requirements
The amount of the bond you’ll need depends on the gross value of the goods you sell in Washington State:
- For existing companies, your gross sales during the previous calendar year.
- For new companies, an estimate of your gross sales during the current year.
| Gross sales | Bond/security amount |
|---|---|
| $0–$24,999.99 | $5,000 |
| $25,000–$49,999.99 | $10,000 |
| $50,000–$99,999.99 | $15,000 |
| $100,000–$499,999.99 | $20,000 |
| $500,000 or more | $25,000 |
How to apply
Send your completed application, surety bond information, financial certification affidavit, and a check or money order for the fee (payable to the Department of Licensing) to:
Auctioneer Program
Department of Licensing
PO Box 3856
Seattle, WA 98124-3856
