After the sale of your item at Sotheby's, the proceeds, net of fees, will be remitted to you within 45 days provided that we have received payment from the purchaser and that no consumer cancellation rights apply. Please note, certain European and UK buyers at European/UK online-only auctions may have the right to cancel their purchase, which could impact the payment timeline. In such cases, we will hold the payment until the cancellation period has passed.
Payment will be withheld if we have not received the necessary identification documents required to complete your account. These documents are essential for us to comply with our regulatory obligations and ensure the legitimacy of the transaction.
If you have items for sale on the Buy Now platform, payment will be processed five days after the item has been delivered to the buyer.