Selling with pfk

selling with pfk

Clients choose to sell with us for a variety of reasons and, acting as an agent on your behalf, PFK take care of the selling process for you, always aiming to achieve the best sale price for your items. Our sales process begins with a free, no obligation valuation where, using our knowledge and experience, we provide an accurate appraisal of your item. We are proud of the wide variety of items that we are able to sell and with over 25,000 lots sold annually at an average selling success rate of 90%, chances are we may have sold an item similar to yours. The next step is to match your item to the best auction in terms of its buying audience and marketing level. All items we sell are photographed, accurately catalogued and correctly marketed, with full internet bidding coverage across two platforms. Furthermore we operate two distinct types of auction, a Fortnightly Interiors auction for antiques and later decorative and household goods, together with a specialist Fine & Rare auction for items of higher value or rarity, the entry threshold value for this sale being £500. We will advise of the most suitable auction for your goods and would be delighted to work on your behalf.

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COMMISSION RATES

Our standard commission rate is 17% plus VAT (a total of 20.4%) – although for larger collections and higher value items, we may be able to negotiate preferential terms. If you have further questions relating to our rates, please get in touch with us and a member of our team would be happy to assist with your enquiry.

PLACING A RESERVE

Reserves are optional and can be placed on items in both our Fortnightly Interiors and Fine & Rare auctions.  The reserve price is agreed between the vendor and ourselves at a mutually acceptable level, although must never be higher than the low end of the estimate agreed. We can also apply a 10% “auctioneer’s discretion” beneath a reserve if so instructed. If no reserve is required, we will obtain the best possible sale price.

LOT FEE

At PFK Auctioneers we do not make percentage charges for services such as photography and insurance.  Instead we charge a standard lot fee. This covers storage, insurance, cataloguing, photography and marketing.  These are charged at £2.00 +VAT for our Fortnightly Interiors Auctions, and £5.00 +VAT for our Fine & Rare Auctions.

POST SALE INFO

We work in an efficient way and hope to make the process of selling your item with PFK as easy as possible. As our vendor you can expect to receive a statement and a cheque for the balance after each sale, this being our default payment method (although BACS payments are also available). This is typically within two weeks for Fortnightly Interiors auctions, and three weeks for Fine & Rare Auctions.

Haulage

For enquiries regarding local collection or house clearance services, please contact us 01768 890781.

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We also offer a full house clearance service.

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