How to Sell
How to sell your items with Hansons Auctioneers
Valuations
Entries are invited for all future auctions. If you wish to consign, whether a single item or an entire house contents, please contact us to arrange a valuation. We can assess all types of items free of charge with no obligation to consign.
There are a number of easy ways to receive a valuation – CLICK HERE to find out how to obtain an auction estimate on your lot.
We will ensure your items are entered into the most suitable auction. If appropriate, they will be grouped together for sale to maximise your financial return. At the valuation you will receive a customer receipt listing your items. Please retain this as it is a record of your instruction to sell and acts as a contract with Hansons Auctioneers.
Collections
If you are unable to drop your items off at your nearest saleroom, we offer a collection service for lots you wish to consign to auction. The cost is based on the time we spend travelling, plus the time it takes to load and unload our vans.
Please see our general fees below:
Small collections – £45 + VAT an hour (one man, one van, per journey)
Large collections – £65 + VAT per hour (two man, one van, per journey)
Reserves
Unless agreed, and listed, with the consigning valuer, items will be offered without reserve. If you wish to secure a minimum return on your item/items, we can apply a reserve price where appropriate.
Charges
Our fees cover all aspects of the auction process including insurance, cataloguing, photography and internet coverage on two bidding platforms: hansonslive.co.uk and saleroom.com. Vendor fees are as follows:
• £5 per lot + VAT (whether sold or unsold)
• 17.5% + VAT of hammer price (minimum charge £5).
Table: Examples of hammer prices achieved and the payment you will receive.
Hammer Price | Commission at 17.5% + VAT | Processing fee + VAT (per lot) | Total VAT | Total paid to Vendor |
---|---|---|---|---|
£12.00 | £5.00 min fee | £5.00 | £2.00 | £0.00 |
£30.00 | £5.25 | £5.00 | £2.05 | £17.70 |
£50.00 | £8.75 | £5.00 | £2.75 | £33.50 |
£100.00 | £17.50 | £5.00 | £4.50 | £73.00 |
Commission for charities is reduced to 5% + VAT with a minimum fee of £5 + VAT AND a £5 + VAT processing fee. This means there will be a minimum charge of £12 for each lot.
Withdrawal
If you wish to withdraw your object after it has been catalogued for auction, there will be a charge of 17% + VAT based on the mid-estimate, with a minimum of £25 + VAT.
Pre-Sale Advice
Before the auction you will receive a Pre-Sale Advice, either by email or post, listing the lots you have coming up for auction. This will include sale information, lot number, description, final estimate and reserve prices, if agreed. To make changes to your Pre-Sale Advice, please contact us immediately.
Post-Sale Advice
Following the auction, you will receive a Post-Sale Advice, either by email or post, detailing the hammer price of your item/items.
Payment
You will receive payment by BACS, together with a statement detailing the hammer price and deductions, 20 full working days from the last day of sale. As we act as agent, payments are made to the vendor after the purchaser’s payment has cleared. If however you require payment by cheque there will be an additional administration fee of £3.50 + VAT which will be deducted from your payment.
Unsold Items
Any unsold items will be noted on your post-sale advice with a note advising whether they will be reoffered into the next appropriate auction with reduced reserves/estimates. On some occasions we will ask you to collect the unsold items if we feel they won’t sell in a future sale. If items fail to sell, there will be charge of £5 + VAT per lot.
Collection & Storage
If you wish to collect unsold lots, this can be arranged with the saleroom by booking an appointment within 5 working days of advisement. Hansons reserve the right to re-sell to cover the storage charges if not collected within the agreed timeframe. If items aren’t collected, there will be a charge of £5 + VAT per lot, per day.
Hansons will not accept claims for any loss or damage of items uncollected within 5 working days of advisement as they will not be insured after this time. Additionally, after this period storage charges will be applied, and will be payable prior to collection. If the lot(s) are not collected within a month of advisement, Hansons reserve the right to sell uncollected items under the company’s name in order to recover any storage costs.
Custom Tax and VAT
Please be aware that VAT under the margin scheme is payable, we are unable to refund the same for overseas buyers additional customs taxes may be payable both by a buyer or potential seller. Hansons are not responsible for any additional customs taxes. Anyone sending items from overseas to Hansons to be commissioned for sale or valuation may incur customs taxes. This tax also applies to buyers if we despatch lots won overseas.