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Read our Privacy PolicyBidVex is Canada's bilingual auction platform built for professional sellers. As a storage facility, you get: 5% commission only — we charge nothing to buyers; bilingual listings — reach French and English buyers across Canada; real-time bidding — proxy bidding drives higher final prices; soft-close protection — prevents sniping; photo and video support — showcase unit contents professionally; automated outbid notifications; secure payment options — Stripe, Cash, or E-Transfer.
BidVex charges a flat 5% seller commission on the winning bid price plus applicable GST/QST — paid by the facility, never by the buyer. This is the only fee you pay. There is no monthly subscription fee to list storage units. How the commission is collected depends on your chosen payment method: cash / e-Transfer auctions are billed to your card on file after each sale; Stripe-payment auctions deduct the commission directly from your Stripe payout.
As a listing facility, you are responsible for: (a) complying with all provincial lien laws and tenant notification requirements before listing; (b) accurately classifying each unit as lien or non-lien; (c) providing clear photos and video of unit contents; (d) setting a reasonable cleanup deadline for winners; (e) coordinating pickup with winning bidders; (f) collecting payment from winners on cash / e-Transfer auctions (BidVex does not collect on your behalf for these). On Stripe-payment auctions BidVex collects the hammer from the buyer and pays you out the net (after deducting the 5% commission + GST/QST); (g) collecting applicable provincial sales tax from buyers (BidVex only collects tax on its 5% commission).