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Consigned auction goods: |
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if you have goods you want to auction, you can consign the auction company to auction them. |
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The range of the auction goods: |
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real estate, materials, civil materials, artworks, vehicles, stock options, incorporeal property and so on. |
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Pre-examination: |
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the auction company will audit the auction goods you consigned to see if they accord with the auction conditions.
1). The audit for the auction goods: see if they accord with the state rules of transferring, buying and selling.
2). The audit for the consignee: see if the consignee has the ownership and disposal right for the auction goods.
3). The consignee must provide effective certificates and relevant testimonial such as ID card, invoice and so on. |
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Evaluation: |
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the professionals of our company will evaluate the auction goods, suggest the upset price or consult with the consignee for the upset price. The upset price usually is lower than the market price according the characteristic of the auction. |
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Sign auction contract: |
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confirm the upset price, commission and other terms. |
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Transfer of the auction goods: |
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If the auction goods are estate or stock options, the consignee will transfer the relevant certificates to the auction company; as for other materials, they are usually transferred to places appointed by the auction company. |
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Proclaim to bid: |
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Proclamation is usually released in the mass media seven days before the auction. |
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Accept consulting privies: |
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carefully introduce the auction goods and exhibit publicly. |
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Auction in the locale: |
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if the auction succeed, sign confirmation letter of the deal. If the auction fails, return the auction goods. |
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Account settlement: |
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if you have clinched a deal on the auction goods, then you should settle the account after the transaction. If the auction fails, the auction goods will be returned to you. |
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