Save with Buyer’s Premium Parity
Pay the same Buyer’s Premium as the auction house floor.
Pay the same Buyer’s Premium as the auction house floor.
You can identify a Parity lot by the iconic purple “BP Parity” badge or a purple outline when you’re searching the marketplace by keyword or category.
On a catalog page, you’ll see a purple “Buyer’s Premium Parity” banner sitting above the sale name.
What is Buyer’s Premium?
Buyer’s Premium is an additional service charge for which the buyer is responsible. When you bid on an item ahead of the auction, you can see what the Buyer’s Premium and the Total will be when you set your max bid.
Keep in mind that the Buyer’s Premium charge is based on the lot’s final price (up to 19%), so it will increase as you raise your max bid. For this reason, it is important to incorporate it into your budget.
How does Buyer’s Premium Parity help me save money?
Most houses on the Invaluable marketplace add an extra “online bidding” charge to their Buyer’s Parity. Houses that are enrolled in the Buyer’s Premium Parity program drop the online bidding surcharge, so you end up paying the same price as the floor.
This does not mean that the entire Buyer’s Premium is withdrawn. Instead, the Buyer’s Premium is the same for all bidders, regardless of whether they are attending the auction in person, phoning in to bid, or are bidding online.
Does Buyer’s Premium Parity exist in other marketplaces?
To date, Invaluable is the only online auction marketplace to introduce the Buyer’s Premium Parity system.
How many houses are enrolled in Buyer’s Premium Parity on Invaluable?
More than 200 of Invaluable’s finest auction houses offer Buyer’s Premium Parity. You can recognize their lots with the distinctive purple BP Parity badge.