Notwithstanding AS 08.88.161, a person who is not licensed under this chapter may conduct an auction of real estate if
(1) the person has completed an auctioneering program at a school certified by an agency of this or another state, and the program included a course on real estate sales; and
(2) a real estate broker licensed under this chapter or an associate real estate broker licensed under this chapter supervises and is present during the auction.
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