Selling at Stride and Son
How do I get my items valued for Auction ?
Stride & Son will provide you with a free auction valuation which can be obtained one of the following ways:
Digital images can be sent to enquiries@stridesauctions.co.uk We will respond as soon as possible with an estimate of your item(s) value and saleability, please include a telephone number with your request.
You may bring your item directly to the saleroom in Chichester. An appointment is not normally needed as there is usually a valuer at the saleroom ready to value your items. However an appointment may be needed to see one of our consultants, please telephone us to arrange this.
If your property is too large to bring to us, or you are unable to send images, we can arrange for a valuer to visit your home to carry out a valuation.
Stride & Son cover the whole of West Sussex, Hampshire and Surrey but are happy to consider calls further afield, please contact us for further details.
What happens next ?
Once we have inspected the items that you wish to sell we will give you a written estimate of their likely value at auction and advise you of the next appropriate auction date.
Transporting your property to the saleroom The items that you wish to sell should be delivered to our saleroom during the first two weeks of the month for inclusion in the next available sale. If you are unable to deliver your items personally we can organise carriage to the saleroom on your behalf. This will usually be arranged through our carrier Hurren Removals – please ask for further details.
Receipt for auction consignment You will be issued with a Vendor Receipt form, this is confirmation of your instructions for us to sell your items and they will be listed along with any reserve prices. It is your contract with Stride & Son and your receipt for the property you have consigned. It will have a Vendor Reference number which should be quoted in any communication with us. All sales are subject to Stride & Son’s terms and conditions of business.
Types of Reserves
Fixed. The auctioneer will recommend a reserve to ensure the lot(s) will not be sold for less than its current market value.
Auctioneers discretion. The lot(s) will be sold at a price which is at the discretion of the auctioneer. This means you are giving permission for your goods to be sold at up to 10% less than the agreed reserve.
No reserve. The lot(s) will be sold for the highest bid received on the day.
Auction Costs
Seller’s Commission Rate is 15% +VAT (18% inclusive) of the hammer price.
Minimum Charge: Each vendor is subject to a minimum consignment fee of £10.00 plus VAT.
Lotting Fee: Stride & Son charge a lotting fee of £1.00 per lot. This fee will be deducted from any sale proceeds.
Conditions of sale: All auctions are subject to Stride & Son’s published Terms and Conditions of Business.
What happens after the auction has taken place?
After your goods have sold successfully, you will be sent a sale result notification within a few days of the sale, listing the lot(s) and the price realised for each item. If you wish to know the outcome on the day, you are welcome to telephone our office after the end of the auction. Payment is made by cheque 14 days after the sale date (providing we have received full payment from the buyer for that lot). You will also receive a settlement statement detailing the charges.
Unsold Lots: Following a sale if you have any unsold lots the auctioneers will write to you and recommend that either the lot is re-offered at a lower reserve (generally 30-50% lower) or that you collect the item.
