At the Warehouse:
The selling process works as follows:
The seller delivers the goods to our warehouse, alternatively the collection of sellers goods from the sellers property is arranged. When goods arrive at the warehouse, the goods are cleaned, inspected and marked as lots, and numbers are allocated to each item/lot. The Auctioneer supplies the seller with a goods receipt form, where it stipulates the terms and conditions of sale and describes all goods supplied by the seller. The seller signs the form and receives the copy from the Auctioneer. After the Auction takes place, and the above mentioned goods are sold, the Auctioneer pays the seller for his goods sold, less commission and collection fee (where applicable) within 7 (seven) days after the Auction takes place. (Usually takes 3 (three) days).
Sellers commission is 15% on general movable goods, 10% on vehicles & heavy industrial equipment. Please note: We charge an additional 5% for collection of goods where applicable. We collect anywhere in Gauteng and surroundings. Our warehouse is secure and fully insured.
In order to achieve better prices, Kristal Auctions recommends all its sellers to sell their goods and property through the Auction process. However in case the seller is urgent for money and is not willing to wait for the Auction, a cash offer will be made by Kristal Auctions representative to purchase the above mentioned goods from seller.
Motor vehicles delivered to our showroom by the sellers, no later than one day before the Auction takes place 12.00 Noon. The seller is allowed to set a reasonable reserve price for his vehicle as long as it is not overpriced. Kristal Auctions will pay the seller for his vehicle within 48 hours after the Auction takes place after deducting the commission and the vehicle was fully paid by the buyer. The buyer is responsible for transfer costs.Vehicles must be debt free to banks and any other financial institutions. For further information call Arkady or Bless on the following numbers: 012-3723710 / 0723854770 / 0825774439