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DOTmed Self-Managed Auctions

Sell your equipment faster, sell your equipment for more

Do-it-yourself -- You set up, price, and run a Self-Managed Auction from beginning to end – DOTmed only provides the selling platform. You answer all Bidders’ questions and collect payment from the Successful Bidder.

Open bidding -- Your Auction is viewable by all of DOTmed's more than 20,000 unique visitors a day, and more than 185,000 registered users. Any Pre-approved Bidder can bid, and the bidding is public and transparent.

Maximum visibility -- Self-Managed Auctions are like a super-premium listings and banner ads rolled into one. They’re featured at the center of DOTmed’s homepage, at the top of every Equipment Category, in our magazine DOTmed Business News, and in our Online News in "Just Posted." All this exposure helps your equipment sell faster and sell for more.

Deinstallation & shipping -- You will work with the Buyer to arrange for deinstallation, packing, crating and shipping -- and export paperwork if necessary.

Low commissions -- Because you do the work, there is just a small set-up fee and commission (2%-5%), or choose a fixed fee with no commission. See the Self-Managed Auction Commission Rates.

Tools to make your sale easy -- DOTmed will support you by providing tools to make your sale go smoothly.

To post a Self-Managed Auction you will need:
Digital photographs
Clear title to the equipment
A valid credit card (Visa, Master Card, Discover, or American Express)

Self-Managed Auction Fees

Basic Self-Managed Auctions have Setup Fees and/or Commissions based on the Starting (or Reserve) and Selling Price of your auction:

Low Commission Auction Setup Fees

Low Commission auctions have a one-time Setup Fee and Commissions based on the Starting (or Reserve) and Selling Price of your auction. Commission rates are below this table:

Commission-Free Auction Setup Fees

Commission-Free auctions have a one-time Setup Fee only based on the Starting (or Reserve) and Selling Price of your auction:

Setup Fee
Total Starting/Reserve Price
(Quantity * Individual Starting or Reserve)
Setup Fee
$0 – 500 $20
$501 – 1,000 $25
$1,001 – 2,500 $50
$2,501 – 5,000 $70
$5,001 – 10,000 $100
$10,001 – 20,000 $150
$20,001 – 40,000 $175
$40,001 – 60,000 $200
$60,001 – 80,000 $250
$80,001 – 100,000 $300
$100,001 – 200,000 $300
$200,001 and up $350
Setup Fee
Total Starting/Reserve Price
(Quantity * Individual Starting or Reserve)
Setup Fee
$0 – 500 $40
$501 – 1,000 $50
$1,001 – 2,500 $100
$2,501 – 5,000 $140
$5,001 – 10,000 $200
$10,001 – 20,000 $300
$20,001 – 40,000 $350
$40,001 – 60,000 $400
$60,001 – 80,000 $500
$80,001 – 100,000 $600
$100,001 – 200,000 $600
$200,001 and up $700
Commission
Total Selling Price
(Qty * Individual Selling Price)
Commission
Item not sold 0%
$0 – $2,500 5%
$2,501 – 20,000 5% of the initial $2,500 ($125) +
4% of the amount > $2,500
$20,001 – 80,000 As above, plus 3% of the amount > $20,000
$80,001 and up As above, plus 2% of the amount > $80,000

Reduced closing percentages are based on the selling price within each price category. For instance, if your item sells for $100,000, the commission is:

$125(5% of $2,500)
+$700(4% of $17,500)
+$1,800(3% of $60,000)
+$400(2% of $20,000)
=$3,025(or just over 3% of the selling price)

 
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