Selling at Auction

There are no restrictions as to who may sell at auction.

Before the sale

Items may be brought to our offices during working hours, by appointment. Alternatively a home visit can be arranged.

Consigning your goods

Sellers are provided with a full receipt for all items consigned for sale. Your name address and telephone number are recorded on an Agency Agreement Form together with the reserve price set and agreed expenses and charges. You will be asked to sign this document as your contract with ABA Associates.

Reserves

A reserve is the minimum price at which you are prepared to sell an item. If you are unsure as to what figure to place as a reserve our valuers will be pleased to advise you, to ensure the best possible results are achieved.

Acceptance of entries

Entries are accepted until 18 days prior to the next suitable auction date. The early delivery of items ensures ample time for description and inclusion within the catalogue.

Insurance

All items consigned for sale are covered by our insurance.

Commission

A selling commission of 15% commission is charged. GST is applicable on the commission.

After the sale

As a Member of the Auctioneers & Valuers Association of Australia (AAVA), we adhere to the strictest ethical standards. All sale proceeds are deposited in the Company’s Trust Account and net proceeds promptly paid to vendors on completion of sales.

An account sale listing the result of each lot sold for the vendor is forwarded within 10 days of the auction. The statement also details the auction commission and any other charges that have been incurred.

Payment is made by cheque drawn on ABA Associates’ Trust Account, providing full payment has been received from the buyer of each lot.

Jonathan Alford ABA Associates 61-2-9222-9393