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Selling In An Online Auction

April 23rd, 2020

Selling In An Online Auction

How do i sell my assets with BPI Auctions?

With auctions and online auctions especially becoming more popular the last couple of years, a lot of people ask this question. So we thought we’d explain how it works with our online auctions.

It’s quite simple when you have a checklist:

  • Are your items worth selling in an auction?
  • If so, have you got an estimated value and a reserve price in mind?
  • Take pictures and type up a detailed overview of the item(s)
  • Get in touch with us and send the above through to us or submit your information via the BPI Marketplace below
  • We’ll discuss fees and timescales of your sale with you
  • We’ll include your items in a collective sale with other vendors items or put them in a standalone sale if the catalogue is big enough
  • Items sell, we invoice the winners, they pay us, we release a remittance document to both winner and vendor
  • Collection is made between both parties
  • Auctioneer pays the vendor minus the selling fee arranged… Simple!

Please feel free to call a member of our team who will be happy to give you further information about our services, or to give advice and guidance on your particular requirements.