Britannia AuctionsHow long does a sale take from first contact to payment?
Most sales run over a few weeks, but the timetable depends on the number of lots, access to the premises and when buyers pay. Typically the first week or so is the visit, the proposal and cataloguing, bidding is then open for one to two weeks, and a collection window of a few days follows. We reconcile the sale once buyers have paid and collection has closed, then pay you from cleared funds against a lot by lot statement. A single machine going into a shared sale can be quicker. A whole site with a fixed handover date is planned backwards from that date.
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