The first step to selling your item is to get an auction estimate. Our specialists can provide you with an estimate based on photographs or we can arrange to view it. Should there be an onsite inspection or travel involved there will be a charge which is fully refundable when going to auction.
Based on the estimates, we will decide whether your asset is appropriate for sale at auction. If you decide to proceed, you will sign a contract*. The seller’s contract provides details of your reserve price and seller’s commission.
*Please note there is no additional charge for marketing, but the seller is responsible for the Insurance of the asset until it is sold.
Sellers will also pay a commission charge. Which ranges between 10% and 20%.
The reserve is the confidential minimum selling price to which you and the valuers agree before the auction. Should the minimum price not be obtained then the item will be sold subject to confirmation and you will be consulted for further instruction after the auction.
Payment for any sold items is paid out via EFT, within 5 working days of the auction.
For more information please click here to read the Terms of Business of Robin Mills Group.
