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 win. 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 exper... tise); 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, which doesn’t require a major investment in facilities or infrastructure. AHP is expected to be recession resistant, due to increased inventory supply during an economic downturn. Our team is comprised of former executives from successful startups such as HedgeWorld and Ampush, to leading blue chip companies such as Facebook, Perella Weinberg, Blackberry and Daimler/Chrysler. We also have extensive media & PR connections and are well connected in the vintage & collector car industry and with former executives from Christie’s and Sotheby’s. Two minute video: http://auctionhouseportal.com/how-it-works-2More