Soulbid - Rare and Northern Soul music vinyl 45's - Public Auction & Set Sale - soulbid.co.uk
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There is No charge to Browse, Buy or Bid on Records at Soulbid
Registration is required to Buy,
Bid, Sell or Ask Questions.
Insertion Fees
Currently Free of Charge
By Registering and then using the
Account View or listing a record for
the first time an account is automatically created for you.
If your Record receives no bids or does not meet it's Reserve and you have selected to re-list,
your Record will be automatically Re-listed ... Free of Charge.
Reserve Price
There is currently No charge for setting a Reserve price on a Record. If your
Reserve price is not met at sale end (including Re-Lists) there will be No charge
for the listing.
Closing Fees
Providing your Record has received bids which have met the Reserve, you will be charged a 5% Closing Fee at Auction end
on the final sale price of your Record. You will be charged a 5% Closing Fee on any successfull Set Sale listings.
Record A is placed on Soulbid with a starting price of £200 and a reserve of £300, it is set to re-list twice
if it receives no bids or fails to meet the reserve. the Soulbid listing fee is £0.00p
It receives 2 bids that fail to meet the reserve by the end of the Auction. The record is re-listed automatically for a
further 5 days. the Soulbid fee is £0.00p
This time the Record receives a bid of £355, the reserve of £300 is met. At the end of the auction, Buyers and
Sellers are notified. The Record has been sold at £300, 8% of £300 = £24.00
Total Soulbid fee is £24.00p
Record B is placed on Soulbid with a starting price of £3 with no reserve, it is set to re-list twice if it
receives no bids or fails to meet the reserve. Soulbid listing fee is £0.00p It receives no bids by the end of the
Auction. The Record is re-listed automatically for a further 7 days. the Soulbid fee is £0.00p The re-listed Record
receives bids to £12.00 At the end of the Auction, Buyers and Sellers are notified. The Record has been sold at
£12.00, 8% of £12 = £0.96p
Total Soulbid fee is £0.96p
Record C is placed on Soulbid with a starting price of £1000 and no reserve. the Soulbid listing fee is
£0.00p The Record receives bids to £1200. At the end of the Auction, Buyers and Sellers are notified.
The Record has been sold at £1200, 8% of £1200 = £96.00p
Total Soulbid fee is £96.00p
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