What is the buyer's premium?
Payments & Invoices · Revised 3 August 2026
The buyer's premium is the commission payable to VALÉORINE by the buyer, calculated as a percentage of the hammer price and added to it. The rate is tiered, falling as the hammer price rises, and the applicable rates are stated in the conditions of sale for each sale.
Share
Related questions
Related guides
4 min read
How to Buy at Auction
A first purchase at auction is less daunting than it appears. This guide sets out the whole sequence in order, from reading a catalogue entry to collecting the property, and explains what is expected of a buyer at each stage.
Read the guide
3 min read
How to Register for an Auction
Registration is the point at which an interested reader becomes an approved bidder. This guide explains the four stages, why each exists, and how long each is likely to take.
Read the guide
3 min read
How Auction Bidding Works
The mechanics of a timed online sale: how increments are set, how a maximum bid is executed on your behalf, what a reserve does, and why the closing time can move.
Read the guide