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Commissions & Settlement

VanDerBrink Auctions works on a commission basis. We negotiate all commissions with our sellers. Our commission Structure Varies according to the size of the sale, type of auction, and potential gross proceeds. Commissions can vary from 4-15% of Gross auction proceeds for Personal Property, Collections, Estates, and other non-Real Estate Auctions. Real Estate commissions typically vary between 1-6% of a completed successful closing. Some other fees may apply and will be fully disclosed.

VanDerBrink Auctions collects all Monies/Sales Tax and Complete Settlement will be within 21 days or sooner, upon clearing of checks. This process has been escalated, with electronic check registry. VanDerBrink Auctions also accepts Credit Cards as payment. This has proven to increase sales for our Sellers. We will go through and answer any questions you will have about payments and this process. We work to get you your money as fast as possible.

All expenses can be deducted from the auction proceeds or may be paid as we are getting ready for the sale. We will discuss all your options with you.

The Settlement Packet comes with a complete print out of the auction, receipts, balance sheet, summary, pictures, and any other receipts-items pertaining to the auction. The Settlement packet has proven to be very easy to understand and is completely detailed accounts of the auction. Lawyers, Judges, Trustees, and Executors have found our reports very detailed and concise.

VanDerBrink Auctions will give the Sellers a complete computerized print-out of the auction, copies of
advertising statements, and all other receipts pertaining to the auction. A preliminary printout will be given immediately after the sale.

VanDerBrink Auctions also provides Sellers with inventories, stories, flyers, and pictures that can be memorable and informative. VanDerBrink Auctions works to provide our Sellers with a complete summary of their auction and what it took to conduct the sale.

The Contract

VanDerBrink Auctions wants to make your next auction a successful one. VanDerBrink Auctions utilizes a auction contract between the seller and the auction company. This contract has some key details on how the auction will be conducted.

  1. The contract is an agreement between the seller and the auctioneer. It explains the obligations of the seller and the auction company. Terms of the contract are negotiated between the seller and the auction company.
  2. The contract sets the time(s), date(s), and location(s) pertaining to the auction. The contract also states the negotiated commission that will be charged for this service.
  3. The contract provides estimated advertising budgets and allowances for possible expenses that may occur. For example: labor, rentals, and possible fees for the location of the auction. The contract also states which party is responsible for these expenses.
  4. The contract is signed by both the seller and the auction company and a copy is kept by each party. If this is a real estate contract the proper state forms or applicable forms will be used for that transaction.
  5. A contract is needed to provide accurate and professional auction services. It’s not meant to be intimidating, but merely needed in today’s business world.

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Testimonials

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  • “Sell them Good!" said Toppy and Vanderbrink Auctions delivered; that is the cars and all the police memorabilia in Nevada, Missouri last October 31, 2008. This private collection of cars, 60 in all, was a 50 year passion for cars by one 96 year old retired pharmacist. It took over seven months to get them cleaned up and running, (all but one) and they all sold in less than three hours. It was an amazing sight! Yvette and her family came to give it all they had and, "Sold them Very Good". So good that she is in charge of our next big auction this October. We never even considered any other auctioneer, Yvette has exceptional skills, insight and energy, and with the personal touch that means so much; after all it took Toppy 50 years to collect the masterpieces; Yvette Vanderbrink handled the project with the pride "Toppy" deserved.”

    – Toppy Clark & Son

  • “Thank you very much for all your help. You are the best auctioneer I have ever worked with, you always return calls promptly and you always have the answers to my questions. Larry goes to at least 30 auctions per year and I’m always happy when Larry is going to one of your auctions. Larry is also impressed with you and he doesn’t say things like that much. Thank You!”

    – Darby Z.

  • “I believe I've said 'Thank You' several times already and I do greatly appreciate your determination and experience. I've strongly praised you to my family and friends for the beautiful video you put together for Henry on the website. It's no wonder you have such a strong, widespread following! Thanks, again!”

    – Twila Bents, The Henry Bents Estate

  • “We were so pleased with our auction yesterday we don't know how to thank you. We had never attended an auction that was so well organized, and went so smooth. The screen made a world of difference, every one could see the items on the block so easily. The internet calling in to join in the auction was just wonderful. You must have advertised in just the right places to have that many calls during our auction.

    We want to let you know that if we hear of anyone needing an auctioneer, you will be the first to be recommended. Again, thanks so much for being so organized, and doing such a splendid job for us. Bless you.”

    – Milt and Audree Beyer, Classic Cars - Gas & Oil Signs & More at Auction

  • “Glad to have done business with you and your company. We will need to do this again at a later time. Thank you and tell your staff how much we appreciate them and their expertise.”

    – Joyce Merriman, Carl Davis Collection

  • “Thank you VanDerBrink Auctions for a great Sale. WE are absolutely thrilled with the results and thank you. It was amazing that over 300 on-site bidders from 23 states and 2 countries and over 130 on-line bidders from all over the US and 4 countries were actively bidding for our collection. Thank you also for donating your services and commissions for the Sale of the 1932 Ford BB truck to the V-8 Foundation!”

    – Ron & Shirley Stauffer; Portland, Indiana

  • “The sale was conducted very well, lots of buyers (good marketing!), good prices, nice selection of cars (something for everyone!).

    I am very pleased with the final bid of our car. I honestly didn't expect it to sell as high as it did.

    You are a class act, Yvette! Thank you for allowing us to sell our car during the sale. I felt like it belonged there, with the rest of RCs cars. It was a good thing.”

    – Jill Edinger

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