For registered auctioneers
Registered auctioneers must renew their registration every year, which includes paying a renewal fee. They also need to keep their contact and employee details up to date.
If a registered auctioneer doesn’t renew their registration within 12 months, they're removed from the register and will need to re-apply to become registered again.
Registered auctioneers must also keep accurate and up-to-date records of their sales, including details such as a description of the property sold, vendor details, auction date, and pricing and bid details.