The Box

First Time Seller Guide

Written by AuctionsPlus | Nov 16, 2021 5:34:34 AM

Welcome to AuctionsPlus!

It’s our mission to help rural businesses and communities to thrive and our staff are incredibly passionate about ensuring that we can help you achieve that. This guide is set up to help you sell for the very first time.

Note: This guide assumes you have a registered account. If you need to set up your account, please find more information HERE.


Top Tips for First Time Sellers

General Info

  • This selling guide is focused on the livestock sales on AuctionsPlus.

  • All livestock must be sold through a selling agent, and often your Assessor will act in this capacity – handling pre-action inquiries, reserve prices and managing delivery and payment

  • There are two sale types on the platform:

    • Simultaneous Sales (SIM) – where all lots are offered at once

    • Sequential Sales (SEQ) – where lots are offered one at a time


House Keeping

Getting ready to list

  • If selling commercial stock – contact an Assessor (search available here), who will conduct a standardised assessment on your livestock, take photographs and videos and upload the details to the platform.

  • Provide your APID number to your Assessor to link stock that you are selling to your personal account

Before booking your sale:

  • If booking in special sale – e.g. stud stock, machinery etc. ensure you have contacted a registered Agent who will manage your sale. Lot information needs to be sent to AuctionsPlus in the requested format at least 2 weeks prior to your sale being conducted to ensure maximum exposure of your catalogue.

Pre Sale

  • If conducting a special sale and using video or audio streaming – ensure that all speed tests have been completed and returned to AuctionsPlus in a timely manner.

  • Notify your Agent or Assessor of any changes that have occurred since the original assessment and the sale date. Any additional information can be added in the format of a lot message to potential buyers.

Day before sale

  • Consult with your Assessor/Agent the day before the sale regarding start & reserve prices. AuctionsPlus require prices to be entered 90 minutes before the sale is due to commence.

Sale Day

  • You’re welcome to connect to the sale and watch the progress of your lot(s) during the auction – remember Vendor Bids are not permitted on our platform, so we recommend connecting as a guest.

  • Be available post-sale to liase with your selling agent regarding negotiations if your lot passes in.

Post-Sale

  • AuctionsPlus will invoice your Selling Agent once the sale has included, who will then send you the bill along with any associated costs (such as commission, assessing fees etc.) You will then pay your agent directly for utilising the platform and their services.

  • Respect and abide by Sole Agency requirements, which extend for 3 business days after the conclusion of the sale.

  • Notify your Assessor if you wish to utilise the free re-offer of your commercial stock, which is included in your listing fee. Re-offers must be completed by the catalogue cut-off time (available here)

Payment and Delivery

  • Organise the livestock for delivery as per agreed arrangements. Ensure that livestock are loaded in accordance with Fit to Load Guidelines and Land Transport Guidelines.

  • Work with your Assessor or Agent to proactively resolve any claims or complaints that may be submitted regarding stock you have sold.

Frequently Asked Questions

How do I go about selling livestock on AuctionsPlus?

To sell commercial stock on AuctionsPlus, your sheep or cattle will need to be assessed by an AuctionsPlus Accredited Assessor. To find an assessor near your location, please use the search function here. The assessor will assess the livestock on your property, take photographs and videos, and upload the details to AuctionsPlus.

Do I need an agent to sell on AuctionsPlus?

Yes. All stock sold must be listed through a licenced Agent. Search for a livestock agent here. The agent will handle pre-auction inquiries, discuss your reserve prices, manage the delivery and facilitate payment for the stock. 

How can I book in my own sale?

As well as weekly commercial sales, AuctionsPlus regularly provide online bidding options in conjunction with on-property or physical sales. This includes stud stock, commercial stock, and machinery – though online bidding can be provided for any commodity. We can provide both audio and video streaming of the sale upon request. You can also book an exclusive online-only auction, such as a single vendor, feature bloodline or breed auction. Please contact us on 02 9262 4222 or info@auctionsplus.com.au for more information and a quote.

Can I bid on my own stock?

No – you cannot bid on your own stock. A vendor bidding on their own stock is in breach of the AuctionsPlus Terms & Conditions. Bidding is monitored by AuctionsPlus and a breach will result in suspension from participating in the system if a vendor places a bid on their own livestock.

Why can’t I assess my own stock?

Only Accredited AuctionsPlus Assessors can assess livestock for sale on the platform. All Assessors have undergone a thorough Accreditation process in order to meet our requirements and ensure that buyers have confidence to purchase livestock online.

How much does it cost to sell on AuctionsPlus?

Please click here to view our listing fees, which are charged on a per head basis (commercial livestock) or as a package price (special sales). Listing fees:

  • Cover pre-sale marketing, cataloguing, catalogue distribution and conduct of sale - as soon as a listing is visible on the AuctionsPlus website, it is chargeable.

  • Are charged to the selling agent for the number of head entered in the catalogue, not the number delivered

  • Do not include either assessing or agent fees

AuctionsPlus will invoice your Selling Agent after the sale has concluded.

When do my livestock have to be assessed?

Assessors have designated times (available here) in which they must have completed an Assessment for our weekly commercial sales. Please use this as a guide when discussing with your agent when you are looking to sell and organise your Assessment date.

For additional information and help, please access our Help Hub below.