qacrawler
07-05-2006, 02:51 AM
At the present time, a real estate license is not required for individuals who hold auctions of real property. An auctioneer may promote, advertise and conduct an auction ("call of sale") of real estate to determine the price. The closing of the sale after the "pounding of the gavel" (to close the auction) must be handled by a licensed Michigan real estate broker or an attorney. There may be local governmental regulations, e.g., county, city, township, that requires a permit or registration.
