For sellers
Seller terms and conditions
What you are agreeing to when you put an asset on auction with us.
Reproduced from our published seller terms. These are the terms as they were published on our previous website. The conditions of sale for a specific auction, and the mandate you sign, govern that sale where they say anything more.
By understanding and agreeing to these terms and conditions, you can ensure a smooth and successful auction experience with Dynamic Auctioneers.
Eligibility
- You must be the legal owner of the assets or have the legal authority to sell them.
- Provide accurate and complete information on the assets.
Valuation and reserve price
- Appraisal: our experts will appraise your assets to determine their value.
- Reserve price: you may set a minimum reserve price, below which the assets will not be sold.
Auction fees
- Appraisal fee: a fee for the professional valuation of your assets.
- Listing fee: a fee for including your assets in the auction catalogue.
- Commission: a percentage of the final sale price, payable upon successful sale.
Marketing and promotion
By agreeing to our terms, you authorise us to market and promote your assets, including:
- Online listings: detailed and optimised listings on various platforms.
- Email campaigns: targeted emails to potential buyers.
- Social media promotion: active engagement and promotion on social media.
- Traditional advertising: print ads and other traditional methods.
Auction process
On the day of the auction:
- Bidding: the auctioneer will manage the bidding process, aiming to achieve the highest possible price.
- Final sale: if the reserve price is met, the highest bid will be the winning bid.
Post-auction
After the auction:
- Payment: we will handle the collection of payment from the buyer.
- Transfer: you will be responsible for transferring the sold assets to the buyer.
- Reports: we will provide detailed reports on the auction results.
Unsold items
If an item does not sell:
- Re-listing: we can discuss re-listing the item in a future auction.
- Alternative sales: we can explore other sales channels, such as private sales.
Questions
Ask before you sign, not after. 086 155 2288, or start an enquiry and the desk will send you the mandate and the conditions of sale for your asset.