Conduct of auctions.

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.