Sellers will be assigned a certain status level based on the gross market value of the watches they have sold through the platform. Once they have hit the thresholds laid out below, they will be eligible for the fee structure at that status level. For example, if someone sells their first watch for $20,000, the fee associated with that sale will be 10.5% but the fee associated with their next sale will be 9.5% as they used their first sale to surpass the $15,000 threshold to reach Level 2. Selling fees will be charged when the sale is confirmed.
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FEE STRUCTURE
Minimum commission for any watch sale is $175.