GA Auctioneer study plan

GA Auctioneer · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Georgia Auctioneer License Law

Trace the full Georgia auctioneer licensing pathway from application through examination, issuance, and renewal, writing down every statutory deadline and fee alongside each step
Paraphrase each ground for denial, suspension, revocation, and reprimand in a single sentence of your own words
List the continuing education and renewal obligations and convert them into a dated calendar for your own license cycle
Distinguish conduct that legally requires a licensed auctioneer from the statutory exemptions, giving one example of each

A two-page typed Domain 1 outline covering every deadline, fee, penalty, and exemption, self-quizzed to at least 90% accuracy

Week 2

Build a cross-reference table pairing each Commission rule with the statute it implements and flag any place the two appear to diverge
Rewrite the advertising and disclosure rules as an itemized checklist you could apply to a real auction advertisement
Enumerate recordkeeping, reporting, and retention obligations with the exact retention period for each record type
Author 15 original flashcards on disciplinary procedure and complaint handling, then drill them to automatic recall

A completed rule-to-statute cross-reference table plus a 20-question practice set scored at 80% or better

Week 3

Diagram the escrow and trust account lifecycle from bidder deposit through commission deduction to third-party disbursement
Enumerate each fiduciary duty owed to seller, buyer, and principal, then match every duty to a concrete breach scenario
Draft a compliant auction listing agreement containing all required disclosures and commission terms
Compare the Commission-approved contract forms against the clauses the statutes require and note any gap

A one-page trust-account flow diagram plus a fully compliant sample auction listing agreement with a clause-by-clause compliance note

Week 4

Reconcile a mock trust ledger containing bidder deposits, commissions, seller proceeds, and third-party payouts until the variance is zero
Solve 20 escrow and settlement word problems without error, showing the arithmetic for each
State the ethics rules governing buyer's premium disclosure, shill bidding, and bid rigging from memory
Retake the Domain 1 quiz and remediate every missed item before moving on

A balanced mock escrow reconciliation with zero variance plus a 25-question mixed quiz scored at 85% or better

Week 5

Differentiate absolute, reserve, and with-reserve sales and state the legal consequence of each for the seller and the high bidder
Explain the auction provisions of the commercial code on bid retraction, seller bidding, and the moment a sale is complete
Script the opening, bid-calling cadence, and closing of a mock auction, including announcement of terms
Identify every disclosure that must be made at the point of sale, covering buyer's premium, terms, and condition

A recorded five-minute mock auction script annotated with a citation for every rule it follows

Week 6

Apply the advertising and recordkeeping rules to a simulated multi-lot sale and document each compliance decision
Analyze 10 fact patterns involving reserve prices, seller bidding, and withdrawn lots, reaching a rule-based conclusion for each
Prepare a settlement statement for the simulated sale that correctly allocates buyer's premiums and seller proceeds

A complete mock auction file containing advertisement, terms, and settlement statement, checked line by line against your compliance checklist

Week 7

Complete 60 mixed questions while tagging each item to its domain and subtopic
Rebuild condensed notes for every subtopic where accuracy fell below 80%
Recite the ten most heavily tested penalty and disciplinary provisions from memory
Re-attempt every previously missed question and confirm each is now answered correctly with reasoning

An error log in which every missed item is explained in writing and re-tested successfully

Week 8

Complete two full-length timed mock exams under exam conditions with no notes
Classify every miss as a knowledge gap or a reading error and address each category differently
Deliver a final review pass over your one-page summaries for all four domains
Confirm readiness by scoring consistently above the target threshold on both mocks

Two timed mock exams scored at 85% or better plus a final one-page cheat sheet covering all four domains

Week 2: Domain 1 and Domain 2 practice sets each completed at 80% or better, with the cross-reference table finished

Week 4: Domain 1, 2, and 4 practice accuracy at 85% or better and the mock trust ledger reconciles with zero variance

Week 6: Domain 3 practice at 80% or better and the mock auction file passes every item on the compliance checklist

Week 8: Two timed full-length mocks scored at 85% or better in every domain, with no domain below 80%