SELLING AT AUCTION


Please refer to the Terms of Service which detail your legal obligations, as a VENDOR, under New Zealand Law.

Off-site Inspections
Off-site inspections are possible. We retain the right to charge a fee. This is discussed when making an initial inquiry with Nelson Auctions. This inspection fee may be deducted from the Vendor Payment after your items have been sold.

Receiving Goods
1. We will only receive goods at the mutually - agreed time. Items to be auctioned must be in a clean and in very good to excellent condition.

2. Minimum Value of individual lots must be $60.00 A fee maybe payable if you require our assistance to value lots.

3. Due to limited display and storage space, large items will not be accepted.

4. If sorting of goods is required this may incur a fee, please discuss on delivery.

5. Any electrical items must have a current electrical safety tag.

Collection Available
We can collect your goods prior to auction for a small fee. Please get in contact by phone or email to arrange pick up.

Vendor’s Fee
We charge 20% (incl. GST) on all items sold at auction.

Items that do not sell
1. If an item does not sell it will be automatically entered into the next auction. If this item has a reserve, that reserve will be reduced by 15% in the subsequent auction.

2. If the item is withdrawn by the Vendor, it will incur a fee to cover handling and associated costs. This is at the Auctioneer's discretion. The fee will relate to the value of the money lost to Nelson Auctions through Vendor Commissions.

Reserves
We will not accept any reserves under $50.00. All reserves must be itemised in the Vendor's Consignment Note.

Payments for Goods Sold

  1. Payments to Vendors are generally paid within a week of Nelson Auctions being made.

  2. Vendor payments are paid directly into the Vendor's Bank Account or the nominated bank account details as included in the Vendor's Consignment Note.

  3. Where specifically detailed, by the Vendor, proceeds of a particular Lot /Lots can be paid directly to a chosen charity.

  4. Vendor’ will not, under any circumstances, be paid cash.

  5. If the recipient of auctioned goods is located overseas or goods from an estate where there are multiple recipients, proceeds are directly credited each week into the Nelson Auction’s Trust Account. When all the items have been auctioned and paid  by the buyer, the money will then be dispersed within a week to the appropriate recipients.

  6. We provide an itemised breakdown of the items sold; the prices they reached, Vendor’s Commission and any fees incurred.

  7. If your items are included in several auctions, you will be paid after each auction if the amount you are being paid is more than $50. If the amount you are being paid is less than $50, the amount will be added to the following auction’s payment.