The Montana Auctioneers Association was founded in 1961-1962 by a small group of state auctioneers. The ultimate purpose of the association was to aid member auctioneers to improve auctioneering skills and to grow in the auction profession. This purpose has not changed.

For many years, the State Association supported a reciprocal agreement with the National Auctioneers Association, with membership in both associations a requirement. Although this requirement no longer exists, the Montana Association continues to support the goals, objectives, and activities of the NAA. The state bylaws, goals, and objectives are closely linked to those of the National Association.