PAYMENT & PICK UP
POST AUCTION INVOICING
Successful bidders should receive an invoice for property won at auction within 24 hours via email. Payment options, pickup instructions, and options for shipping will be provided as well. Per our Conditions of Sale, the invoice will reflect the final hammer price plus the Buyer’s Premium. The structure is tiered, with the first $1,000,000 of the item’s hammer price subject to a straight 25% buyer’s premium. Should the hammer price exceed one million U.S. dollars, the portion above $1,000,000 up to $5,000,000 will be subject to a 20% buyer’s premium. Hammer prices above five million will have that portion subject to a 12.5% buyer’s premium. Sales tax, if applicable, will be applied to the final total. Please see Luxe’s Conditions of Sale terms for more information.
Luxe is pleased to offer a variety of payment methods to our clients. For invoices under $5,000, buyers may pay in cash, check, or via credit card (credit card purchases are subject to a 3.5% processing fee to cover merchant processing and related fees). Payments made by personal check may be held up to 10 business days before releasing property to allow the check to clear and are subject to prior approval by Luxe. For invoices in excess of $5,000, bank wire transfers are preferred and required without prior approval for another payment method by Luxe. Money orders and certified bank checks may also be accepted subject to prior approval and verification of clearance.
PICK UP OF PROPERTY
Buyers are expected to make payment and arrange for pick up of their property within 5 days of the close of auction unless other arrangements have been made and approved in writing by Luxe at its discretion. After 5 days, property may be subject to storage fees as detailed in our Conditions of Sale. Pickups must be made by appointment only between the hours of 10 am and 4 pm Monday through Friday. Please call us at 561.425.7000 to facilitate an appointment. If the purchaser of record is unavailable to pick up, an agent or third party shipper may collect their property with a properly executed Property Release Form submitted in advance to Luxe. More details are provided on our Packing & Shipping page.