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Commission Fees

Winning Bidder Pays

  Bankruptcy Trade Claims
Commission Fee: 0.50%
Calculation: x Purchase Price

The Winning Bidder of each auction pays T-REX a Commission Fee if the auction transaction closes. Here's how it works:

  1. At the end of the auction, the Creditor awards the auction to any one of its Bidders or none at all if the Creditor is dissatisfied with the bidding results.
  2. If the Creditor selects a Winning Bidder, T-REX provides the parties with contact details for each other.
  3. If the parties close the contemplated transaction within 3 months of the auction listing, the Winning Bidder pays T-REX its commission fee according to the fee schedule above.

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