How the Consignor Payout Process Works

After each auction ends, Unicorn Auctions processes consignor payouts with care and transparency. Here’s what to expect and how to ensure you receive your funds promptly.

When Will I Receive My Payout?

  • Payout invoices are sent via email within 10 business days after an auction closes.

  • The email will be sent to the email address on your selling account.

  • If you don’t see the email, please check your spam or junk folder.


✅ How to Get Paid

  1. Once you receive the payout email, reply with your preferred payout method:

    • ACH transfer (recommended)

    • Mailed check

  2. ⚠️ Important:
    We cannot use any banking information provided for buyer invoices. Payout information must be submitted through your Consignment Agreement.


💸 When Will Funds Arrive?

  • After we receive your payout method confirmation:

    • ACH transfers: Processed within 2–4 business days

    • Checks: Sent via USPS (delivery times vary)

  • If you do not respond within 5 days, we will process your payout using the information we have on file.


🧾 Common Questions

❓ Do You Have My Bank Account or Address on File?

New Sellers:
You will provide your banking and address details in the Consignment Agreement.

If you’ve only purchased from us before, we do not have your payout information on file.

Returning Sellers:
If you’ve consigned with us before, we likely have your previous payout info on file.
Want to verify? Include the request in your email reply and we’ll share the last two digits of your ACH account or mailing address for confirmation.

📞 You can also update your payout info by calling (872) 349-2186


🔄 Can I Split My Payout?

Yes, you can split your payout between two or more recipients.
However, the account holder (seller) will still receive the 1099 tax form unless additional tax details are provided for the other parties.


📬 Need Help?

If you have questions about your payout invoice or status:

We’re here to help ensure a smooth payout process every time.