How to sell - Quoniam

HOW TO SELL

1. CONTACT US

You can reach us by phone +34 915 502 313 or by email info@quoniam.es and provide us with the most complete information about the items you are interested to auction. Please send us pictures where details can be recognized.  You can also visit us at our premises in Madrid at Andrés Mellado, 88 (Monday-Friday: 10 am to 2 pm and 5pm to 8 pm; Saturdays: 10 am to 2 pm). If you are looking to sell a large group of property or to liquidate an Estate,we also visit your home with no obligation.

2. VALUATION

Our specialists will value your item and you will receive an estimation within a few days. We provide auction estimates free of cost and no obligation to consign. If you decide to sell with Quoniam, and if we have determined that your property is appropriate for sale at auction, the reserve price will be decided in mutual agreement between you and Quoniam. Quoniam will not sale your item below that price, unless you approve it expressly.

3.DEPOSIT AUCTION CONTRACT

Both parties sign off a “Deposit Auction Contract” in which all the pieces to be auctioned will be detailed together with the reserve price, the seller´s commission and all the obligations to be complied by the parties

4.CATALOGUE AND PICTURES

After sing a “Deposit Auction Contract”, our experts will catalogue your property and we will take high quality pictures, free of cost.

5.THE SALE

The selected items, as agreed with the seller, will be auction in one of our sales that we conduct periodically. Your items will be published in www.quoniam.es, with corresponding documentation and photographs. During the online auction bids will be accepted, being sold to the highest bidder.Most Quoniam auctions last two weeks.

If bidding on your item fails to reach the reserve price, we will not sell the item at auction. In that case, Quoniam will not apply any commission, and the whole process of sale shall be free of charge.

Then, you can choose to take back your item or decide to offer it in a later auction. 

6.PAYMENT

The liquidation of the auctioned and sold lots will be done within 30 days after the date of sale of the price on condition that they have been already paid by the buyer.

Your payment will be based on the hammer price less a seller commission (10%) plus VAT (21%).

7.SHIPPING

Quoniam can help you arrange to have your property delivered to our premises. As the consignor, you are responsible for packing, shipping and insurance charges from your home to our premises in Madrid.

Winning bidder is ultimately responsible for shipping fees from Quoniam premises to the place chosen by him.