Auction Industry Insights

Expert perspectives on technology, strategy, and best practices for modern auction houses.

Consignor settlement statement and fountain pen on an auction house desk

Consignor Settlement in 2026: How Fast Auction Houses Pay, What the Law Requires, and How to Pay Faster

Sotheby's pays consignors in 45 days, Christie's and Bonhams in 35, Heritage in 45, and every one of those promises carries the same condition: once the buyer has paid. Here is what the major houses and the state auctioneer laws actually require, why settlement takes as long as it does, and how a mid-sized auction house can pay in two weeks without taking on the buyer's risk.

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