When do I get paid?
After the sale has closed and buyers have paid for your lots. We collect payment from buyers before releasing any lot, then account to you for the hammer prices less the agreed commission and any agreed costs. The timing follows the collection window, so payment normally arrives a short period after the sale date. If a buyer fails to pay, the lot is offered to the underbidder or entered in the next sale.
This question comes up in
Collective auctions and single item consignments
Smaller quantities and single items placed into a shared sale alongside other vendors' lots.
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