Auction House Portal, Inc. Information

Auction House Portal The seller / auction house relationship is a centuries-old engagement that has yet to be disrupted by technology – until now. Auction House Portal is an online reverse-auction marketplace where auction houses compete and sellers benefit. Upon posting an asset, sellers receive competing quotes from auction houses and can shop & compare the best fees, expertise, ratings & reviews. Sellers save time (by not calling around for quotes); they achieve maximum hammer price (by selecting the right expertise); and they save up to 50% on seller fees. Meanwhile, auction houses are rewarded with a robust inventory pipeline with zero marketing costs, which they can access 24/7 to maximize revenues for each auction. Auction House Portal (“AHP”) solves major pain-points for both sellers and auction houses. In doing so, we’re uniquely positioned to manage a ≈$50B inventory supply chain for the global auction industry by connecting sellers with auction houses at scale. Our portal is first-to-market and utilizes an “exponential organization” business model. AHP is expected to be recession resistant, due to increased inventory supply during an economic downturn. Our team is comprised of former senior executives from both successful startups and leading blue chip companies, with direct extensive experience and network connections within the vintage & collector car industry and additional connections with former executives from both Christie’s and Sotheby’s. Two minute video: http://auctionhouseportal.com/how-it-works-2