Wallet and ledger paperwork

Fees

Simple, transparent pricing

No surprise buyer premium in the MVP. You fund a wallet, bid with held balance, and settle the hammer price when you win.

0%

Buyer premium (MVP)

Wallet-settled wins charge the hammer price—not an extra percentage on top.

Free

Deposit matching

Submitting a DEP- claim and admin credit does not add a platform fee.

Quoted

Seller commission

Confirmed in writing per consignment before the lot goes live.

Buyer fees

  • No buyer premium on wallet-settled wins in the current MVP.
  • You pay the hammer price held from your wallet when you win and the reserve is met.
  • Deposit matching is free—you only transfer the amount you intend to credit.
  • Shipping, freight, or third-party transport is separate and paid to the carrier or arranged with ops after the win (see Shipping & pickup).

If a lot closes without meeting reserve, your hold returns to available balance—no sale fee applies.

Seller / listing fees

Staff list inventory for the MVP. Public seller accounts and a published commission schedule will ship before self-serve listing opens.

Until then, consignors get a written fee or commission note in the acceptance email. We won’t surprise-cut a sale after the hammer falls.

Interested in consigning? Start on the Sellers page.

What you should budget as a bidder

  1. Deposit enough to cover your intended high bid plus room for increments if a lot is competitive.
  2. Watch the reserve on vehicle and machinery lots—winning below reserve does not create a sale.
  3. Plan logistics for bulky wins (trucks, freight quotes, pickup windows) before you bid aggressively.

Fee policy can evolve as we open seller self-serve. Material changes will be posted here and noted in Terms. Questions? Contact support.