Auction Consignment Commission Rates & Terms

 

Merchandise & Equipment Commission Rate, per item:

$0 - $1000 …………. 25%

$1001 - $3000 …… 20%

$3001 & up ……… 12%

Horses & Teams Commission Rate & Fees:

Consignment Fee …… $100/head (Due upon acceptance by Sale Mgr. Checks payable to SHOBE AUCTION)

Commission ……………. 7%

No Sale Fee ……………..$250/head

Current Health/Coggins Required (within 6 months of sale date)

Proof of Ownership Required. Out of state horses need Health Certificate.

ALL HORSES & MULES WILL BE BRIEFLY INSPECTED AT CHECK-IN. ANYTHING THAT IS NOT FIT FOR SALE WILL BE ASKED TO LEAVE IMMEDIATELY.

TERMS:

  •  All consignments (horses & merchandise) must be approved by Sale Manager/Auctioneer.

  • All consignments sell without reserve or minimum bid unless authorized by the Sale Manager/Auctioneer.

  • Sale management, auctioneers and employees act as agents for the seller, but assume no liability for either buyer or seller. Any representations made by sale management are made on behalf of the seller.

  • Any disputes about quality or representation of consignment are between buyer and seller.

  • Seller warrants to solely and lawfully own and hold all right, title, and interest in the Property, or otherwise be vested with the right to sell it and receive the proceeds from the sale; there is no claim, dispute of title, lien or security interest recorded against, or otherwise affecting the Property.

  • Neither Auctioneer nor any of its agents, contractors, employees, or representatives have guaranteed or warranted that the any of the Property will produce a specific selling price.

  • Settlement will be made to Seller within 30 days following auction, to the name and address given on consignment form.