Sellers Guide for The Frequent Auctions
Introduction
The Frequent Auction by AV Globale is an online auction platform focusing on the sale of diamonds, gemstones, and jewellery. Our digital presence ensures a transparent and ethically conducted auction process that enables sellers to find the ideal buyer offering the best price.
Step 1: Request a Listing for Auction
To request a listing, you'll need to provide some basic information about your item, including:
● A clear and accurate description
● Product Certification
● The starting bid price
● The reserve price
● The product’s digital assets.
You'll also need to mention a category for your item and choose whether you want to sell it with or without a reserve price.
Step 2: Goods on Consignment
The seller will ship the goods on consignment to AV Globale and provide a consent note for displaying the physical goods during live viewing events. In the event of a sale, the seller will issue an invoice to AV Globale after deducting the commission, and AV Globale will then invoice the winner at the highest bid value. If the goods are withdrawn, AV Globale will return them to the seller without charging any expenses for organizing the viewing events. However, the seller will be responsible for all shipping charges associated with the consigned goods.
Step 3: Answer Questions
Bidders may have questions about your item, so it's important to answer them promptly. Our team will coordinate with you to provide as much details as possible regarding your listing or by sending direct messages to our Client Services Team.
Step 4: Close the Auction
The auction will close automatically on the date and time that you specified. If you have a reserve price, the auction will only close if the final bid meets or exceeds the reserve price. We will be directly assisting the buyer and the seller for the right bid.
Step 5: Payment
The winning bidder will pay for your goods via bank or wire transfer. Multiple payment options are available to receive funds from the bidder. The mode of payment will be advanced payments and AV Globale will ship the goods as soon as the funds hit our account. We will remit the funds against the purchase invoice from the seller as soon as we receive the funds from the buyer.
Step 6: Fees
We charge a commission on all sales, as detailed in the terms and conditions of the seller's agreement, depending on the value of the goods. The minimum commission we charge is 10% from the seller, and there is no premium charged to the buyer.
Conclusion
Selling your goods through us is a great way to reach a global audience and get top dollar for your collectibles. By following the tips in this seller's guide, you can increase your chances of success.
Additional Tips
● Take good photos of your items. High-quality photos will help attract bidders and get you a better price.
● Write a clear and accurate description. Be sure to include all relevant information about your item, such as its condition, size, and any special features.
● Set a fair starting bid price. The starting bid price should be high enough to get you a good price, but not so high that no one bids on your item.
● Promote your listing. Share the listing on social media, email your friends and family, or advertise on The Frequent Auction website.
● Answer questions promptly. Bidders may have questions about your item, so it's important to answer them promptly.
● Ship your item promptly. Once the auction is over, ship your item to the winning bidder as soon as possible.
I hope this seller's guide has been helpful. If you have any further questions, please don't hesitate to contact us.
Click here to Consign your Goods.
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