Hotlotz offers all property for sale at auction and in the Hotlotz marketplace 'as is', meaning that the property is offered for sale with all existing faults and imperfections. We encourage potential buyers to visit the saleroom and inspect each item carefully before bidding or buying. We are happy to send additional photos or condition reports on request.

If you place a bid within five minutes of the designated closing time of a lot, the bidding period for that lot will be extended by a further five minutes. This extension will continue until a full five minutes has elapsed without another bid being placed.

See Auto-Extended Bidding

All of our auctions use the following predetermined bidding increment list. You cannot place a bid unless it meets these increments. between $0 and $400 bids rise in $20 increments, between $400 and $1,000 bids rise in $50 increments, between $1,000 and $2,000 bids rise in $100 increments, between $2,000 and $5,000 bids rise in $200 increments, between $5,000 and $10,000 bids rise in $500 increments, between $10,000 and $100,000 bids rise in $1,000 increments. After $100,000 bids rise in $5,000 increments.

A buyer’s premium equal to 30% of the closing bid amount will be added to the hammer price. e.g. If the closing bid amount is $100.00, you will be invoiced for $130.00. No buyer’s premium is charged on purchases in the Hotlotz Marketplace.

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) is an international agreement that ensures wildlife species are not threatened to from extinction by trade. CITES regulates international trade of CITES-listed live animals and plants, as well as their parts and derivatives, by requiring CITES permits to be obtained before consignments are allowed to leave or enter a country. Singapore has been a Party to CITES since November 1986.

This an online inventory of factual information about the lots being offered for sale in an auction. It might include information such as the name of the item, artist or maker, a detailed description, the year of its creation, its provenance, any exhibitions in which it has appeared or publications in which it has been documented. Hotlotz auction catalogues are usually available online approximately ten days prior to the sale date.

Your communication preferences record how you wish to communicate with Hotlotz. You can update them at any time simply by logging into your account and selecting 'My Preferences'.

Items sold in auction are usually preowned or antique. Many items are of an age or nature which precludes their being in perfect condition and you should expect general wear and tear commensurate with age and use. We strongly advise you to carefully read catalogue notes and to examine items before you bid.

This is a written description of the condition of an item, prepared on request by Hotlotz specialists prior to an auction. Condition reports may also include additional photography or videography. Information compiled for a condition report request is often also included as additional information in the online catalogue, for the benefit of all potential bidders. Condition reports are provided as a goodwill gesture and are our general assessment of damage and restoration. Whilst care is taken in their drafting, they are for guidance only. We will not be held responsible for oversights concerning damage or restoration.

If you prefer, you may enter a ‘maximum’ bid. This is the most you are willing to pay for an item. Our bidding platform will then bid intelligently for you, against any other competitors, bidding only enough for you to stay in the lead. Your maximum bid amount remains totally confidential, even Hotlotz does not know what it is.

The owner of an item who is transferring property to Hotlotz to act as agent on his or her behalf for sale.

The consignor of a lot is sometimes identified through a designation line, which appears at the beginning of a catalogue entry. The designation, which appears at the discretion of the consignor, may identify the current owner by name or through a descriptive title, such as 'Property of a Distinguished Singaporean Collector'.

If you sell items with Hotlotz or buy items with a total invoice amount of $20,000 SGD or more you will be asked to provide enhanced identity information, including uploading a copy of your passport or other government-issued photo ID to your Hotlotz account. This is required to keep your account safe and to enable us to stay current with Anti-Money Laundering (AML) and Know Your Customer (KYC) guidelines. All information is collected in accordance with the Personal Data Protection Act 2012.

We assign a low and high estimate range to each item. Estimates are based on a range of factors including our examination of the item, its provenance and condition, and recent auction records for comparable items.