How much does it cost to sell my Lot on Koskin Import?
Listing your Lot is free of charge.
We charge a 7.5% + VAT commission on the final sales price. if the Lot does not sell, then there is no charge.
How can I sell my Lot on Koskin Import?
-
Register & login
-
Select “Auction Account”
-
Select “Become a Vendor”
-
Add Auction
You can submit your Lot, at no cost, for personal review by us. If your Lot is accepted for auction, we will contact you to confirm auction acceptance and guide you through the listing process.
How long does it take for my Lot to go live?
Our goal is to get your Lot listed on the auction as soon as possible. We will be with you every step of the way to guide you through the process and establish the timeline for your Lot.
How will I be paid when the auction is over?
As soon as a Lot sells on Koskin Import, the buyer is instantly charged a buyers premium. We will then be in contact with the buyer to arrange payment, also time frame for collection of the Lot.
We also offer many extra services to make the whole process as stress free as possible, you can find a list of all our services here -> SERVICES
How do you choose which Lots to accept for auction?
All auction lots are evaluated by us first. We review several of the lot’s characteristics including condition, collectability, history, documentation, and more.
What happens if my lot is not accepted for auction?
Not every lot is accepted for auction. If a submission does not meet our criteria, we will contact you to explain why your lot was not accepted.
But don’t despair! As an alternative option, we will assist you in selling your Item on our Classified section.
How do reserves work?
A reserve is the minimum price you are willing to sell your Lot for.
We will work with you to set a market correct reserve. Realistic reserves increase the overall buyer experience which can increases bidding activity. Reserve values are not shown to bidders, we do reveal when reserves are nearly reached or have been met during the live auction.
Should I reveal my reserve price?
When you are a seller, the reserve price you set is private and confidential and should remain that way. Revealing your reserve price before an auction ends can negatively limit your Lot from reaching its bidding success.
Never reveal your price especially in public comments. If asked, simply refer the bidder to the auction and prompt them to bid a price that they are comfortable with.
Can I edit my listing once the auction goes live?
Generally, edits are not permitted once an auction has gone live. If you feel an edit is necessary, please contact us with your request at auction@koskinimport.com.
You can also leave comments and can answer bidder questions on the vehicle description page during the auction to help improve the clarity of your listing.
Can I make a deal outside of the auction?
Lots listed on Koskin Import Auctions are for sale exclusively through the auction site and subject to contract. We incur considerable expense to advertise listings, maintain & operate the platform, and support an administrative staff. As such, if a buyer or seller subverts the auction by attempting to make a deal outside of the auction, you will be banned from the site.
If a buyer attempts this tactic with a seller, the best approach is to simply refer the buyer back to the auction and instruct them to place a bid that they are comfortable with.
Can I relist my Lot if it doesn't sell?
Typically, we do not re-list the same Lot if it does not sell. In the case of a non-sale, you can list it on our Classified section.
Can I cancel my auction listing?
We do not allow the cancellation of listings once the auction goes live. Only in extreme cases where a Lot has suffered a significant change such as theft or damage will there be consideration. Please notify us if such an event occurs.
Can you provide me a photographer recommendation?
We offer an on-site professional photography upgrade option for an additional fee. If interested, please contact us about this.