Set-up Consignor Defaults

Consignor Defaults: (global settings that apply to all Users who are consignors / sellers)

1) Choose a global auction for Consignor rate structure. Most companies will use the Hammer Rate Range, which is fairly standard.

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2) Set global default Consignor/Seller’s commission rates for "All Auction Types" (global) which will apply the general consignor rates to all auctions.


3) Or, you can add additional "Auction Types" under Settings/Auction Types. Then you can apply parameters to all Consignors/Sellers for each "Type" of auction. For example, you may want to apply a different Consignor commission rate for "Buy It Now" auctions. By setting up a "Buy-it-Now" Auction Type, you can now charge all Consignors a separate rate for the "Buy-it-Now" auctions. 

  • Set rates for property based on ranges of Selling (“Hammer” or "Buy-it-Now") price by percentage or flat rate fees for every "Auction Type"
  • Set Insurance rate charges
  • Set insertion fee rates


4) Override Options: on the User & Receipt levels:

  • These default rates will populate the User file and may also be changed on the User level TAB = Consignor Info: go to Users/Consignor Info/"Enter Custom Consignor Rates”. You may have a customer who will receive different rates from the global setting - all rates can be changed there by "Auction Type".
  • Receipt Override Level: Create / View Receipts/Override Defaults. On an individual receipt for an indeividual Consignor, you can also change the global setting. All items on the receipt will conform to the override setting on the receipt.

 

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Item Override Level: Item Information/Edit Item/Admin Tab(“Override Consignment Rates”).