The buyer's premium is the amount added to the winning bid on auction items. Our buyer's premium for new bidders starts at 12% of the hammer price. It declines 1% for each $1000 of auction purchases that you have made at Brentwood Wine auctions in the previous 12 months, to a minimum of 6%. We do this to honor our frequent buyers.
COMMITMENT TO BUY
A bid is considered your commitment to buy. If you win an auction, you have agreed to buy the wine. If you feel your bid was accepted accidentally, contact us immediately! If you submit a bid, this is considered your acceptance of all auction rules, including your understanding of the Buyer's Premium.
A request to cancel your bid following the auction close due to a lack of awareness or understanding of all auction rules may warrant the forfeiture of future bidding capabilities.