Auctioneers sell articles at auction to the highest bidder; appraise merchandise before sale and assemble merchandise in lots according to estimated value of individual pieces or type of article. They select article to be auctioned at suggestion of bidders or by own choice and ask for starting bids; describe merchandise and give information about article, such as history and ownership, in order to encourage bidding; continue to ask for bids, attempting to stimulate buying desire of bidders; and close sale to highest bidder. They may write auction catalog and advertising copy for local or trade newspapers and periodicals. Requirements: 1) Must be of good reputation, trustworthy, and competent to transact the business of an auctioneer. 2) Must provide two letters of reference to the board. 3) Must be at least 18 years of age. 4) Must provide a completed and notarized application for License. 5) Must provide a completed Arkansas State Police Identification form. 6) Must provide completed FBI fingerprint Cards (2) (if a non-resident otherwise if a resident of Arkansas additional information is requested after the application is received to continue with the background check process). 7) Must provide a small photograph (2" x 2"). 8) Must provide a Consent to Service of Jurisdiction Form (Non-residents only). 9) Must provide letters of good standing from all states where current licenses are held. 10) Must successfully complete the exam process. Written and Oral examination. Examination fee: $100.00, License fee: $100.00, Renewal fee: $100.00 per year, Recovery Fund fee: $100.00 first year, State Background Check fee: $22.00, Federal Background Check fee: $14.25
