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SELLER'S FEES AND PAYMENT TERMS

SELLER'S FEES AND PAYMENT TERMS

RumTrades is committed to providing information on our fees clearly, accurately, with no hidden costs, to allow customers make informed decisions on selling in our auctions with fully confidence and trust in our services.

 

REGISTRATION

Registering an acount will allow you selling your items in our regular monthly and exclusive auctions to a global audience of rum enthusiasts.

In order to sell your items according with Italian and European regulamentations, we may require an identity check.  This is to ensure the provenance of goods and maintaining the highest security standard for both our buyers and sellers. 

 

AUCTION FEES

Selling Commission: 5% of the final hammer price 

Listing Fee: 5 EUR per Bottle 

Reserve Fee - optional: 8,50 EUR per Lot (a lot may consist of several bottles)

Value Added Tax (VAT) is applicable and charged to the commission and surcharges.

 

*Minimum Reserve Price is 150 EUR

 

ADDITIONAL FEES

Payments made internationally require the seller to accept all international transfer fees.

 

SELLERS PAYMENT TERMS 

If your item has successfully sold, payment is made to the seller after 14 days, starting from the delivery of the order.

 

BACK TO HELP
FAQ
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HOW DO I SELL MY RUM? 
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You can find all the information you need to sell your rum in our step-by-step guide to selling rum at online auction which has been designed to guide newcomers through our easy and hassle-free service to get started selling rum online.

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WHAT IS THE RESERVE PRICE?
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The reserve price is the lowest price the seller is willing to accept before selling his item(s).

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WHAT IF I PLACE A RESERVE ON A LOT AND IT DOES NOT SELL?
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If your item fails to meet a reserve price, we still require the listing fee and reserve fee be paid. 

After that we will re-list your item in the subsequent auction (subject to fees) or arrange for delivery back to yourself (subject to delivery charge).  

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HOW MANY ITEMS CAN I SUBMIT TO SELL? 
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You can submit as many items as you like! 

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I HAVE A LARGE COLLECTION TO SELL. HOW CAN RUMTRADES HELP ME? 
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RumTrades offers sellers a full range of bespoke services when it comes to larger private collections. We work side by side with private collectors to make the process of using our services as seamless and straightforward as possible with one or more experts at your disposal.

If you have a large collection to sell, please get in touch with our customer service team.

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ARE THERE ANY ITEMS YOU DON'T ACCEPT? 
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Due to various reasons the following goods may not be sold through our Site:

  • bell's decanters
  • dimple ceramic decanters
  • cream liqueurs
  • unofficial samples / minis (this includes press packs which are unsealed)
  • unofficial / homemade merchandise
  • goods (including bottles) which are unsealed or where the seal or packaging is no longer intact
  • goods whose contents are leaking
  • goods which are in a condition which is not suitable for sale, for example which are mouldy; and/or items which contain foodstuffs other than alcohol or whose use by date has passed

RumTrades reserves the right to accept or reject any items at their own discretion.

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