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| Becoming a Verified Seller |
APPLICATIONS TO BE A VERIFED SELLERS CLOSED TILL ADVISED.
To be verified seller on this SITE, you must:- Have a passion and knowledge for gemstones
- Be a member of a trade or jewellery organization
- Offer wholesale prices not retail
- Business and personal references to prove your established business and adherence to high business standards
- Exchange wins if buyer requests
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Rock hounds can register to be Seller in Base or Stater Plan and do not need to belong to trade association and can be nominated by Admin
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Verifed Sellers fees from 1st Jan 2010
LISTING FEE .20 PER LISTING FROM 1ST DECEMBER 2009 this is one off listing fee only
| OUR BEST PLAN | Our most popular premium plans | Basic plans | ||||
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Gem Harlequin |
Harlequin |
Gem Opal |
Star Opal |
Base Opal |
Starter |
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| Monthly fee |
$45/Month |
$40/Month |
$35/Month |
$29/Month |
$15/Month |
Free |
| Max active items | 5000 | 1000 | 500 | 250 | 100 | 20 |
| Commission on sale |
10% |
10% |
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10% |
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| Virtual store | +$10/Month | +$10/Month | +$10/Month | +$10/Month | +$10/Month | - |
| No Reserve items |
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- Seller’s fees: 10% on all sales due after 14th of the following month.
- No hidden fees, free image hosting, video hosting, all listings are free.
- Monthly administration fees depend on membership level.
- Sellers can book feature ad for front page size 55 x 35 mm for $250 per month.
- All members must be a current member of a trade organization
- No links are allowed on OpalAuctions.com to your website or email address
Certified Gemstones to be only from a recognized Gemstone Laboratory
Sellers have to have 20 positive feedback and 100 Listings before they are upgraded as a Verified Seller and sellers need to have five gemstones certified when they have 100 listings before they are upgraded
-Minimum fee is 0.50 cents commissionon any sale on gemrockauctions and once only listinfg fee of .20c
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Sellers have agreed to our terms and conditions when registered.
http://www.gemrockauctions.com/docs/help/terms-and-conditions
To be verified Seller you agree to the following before listing.
Sellers have to high business principles and ethics and to abide by code of ethics of jewellers Ethics association http://www.jewelersethicsassociation.com/ Sellers have to abide by all Gemstone Sheriff Requests. A request is when a buyer asks our Gemstone Advisory Panel or Gemstone Sheriff to check the listing accuracy of a gemstone auction. The seller must reply in 24 hours to buyer’s request Any seller not fully complying with a buyers request will have their account downgraded. A seller who has THREE downgrades in 12 months will automatically be suspended. Downgrade applies to our sellers plans, so if seller doesn’t fully comply with a request their account will be downgraded so that they cannot list any more items till description is accurate.
1 Agree to list as per FTC guidelines http://www.ftc.gov/bcp/guides/jewel-gd.shtm
and also
http://www.jewelersethicsassociation.com/
2 Agree to post accurate descriptions and use correct categories and proffesional images
IMAGES All images are to be taken by sellers or staff and if supplied from source photo must be termed GENERIC
No images with camera logo allowed or copy and paste from another site.
No images are allowed to be copied from other web sites
All images to be cropped 640 x 480 px,
If gallery image is Black based another image needs to be uploaded in different colour background.
Professional comments to be uploaded under Gallery image
3 Pay your fees by 16th of each month
4 Verified Sellers are not permitted to bid on family, their own or any related companies gemstones on GemRockauctions, but are permitted to bid on 3 rd party sellers that they have no connection with.
5 All sellers have an obligation to sell at whatever price NR$1 items sell for, regardless of the price received.
6 Highest Professional business standards to be practised by all Verified Sellers
7 Sellers to abide by all Gemstone Sherriff and Gemstone advisory panel requests
8 Sellers are not permitted to have links to other web sites or use email address or to purchase gemstones from sites like EBay as correct description or source verification is not accurate.
seller s agree to source verification to best of their ability to find out where gemstone was sourced and treatment if any.
DISCIPLINE BUYER.
GemRockAuctions has adopted this strategy for our verified sellers.
A Discipline buyer has the following strategy for buying.
DP buys quality stock to sell to his repeat customers
DP If visiting trade show they buy quality gemstones for fair price at start of show.
DP will ask precise questions and keep checking and interrogating to make sure seller knows his gems.
DP will check history of Sellers Company and be suspect of upstart companies
DP mixes and shares information with other DP and give references for good sellers.
DP also checks source accuracy and get certificates done at random
DP will keep abreast of up to date information in the industry
UNDISCIPLINE BUYER
UB will visit trade show and wait till end of show to buy bargains at discount price as UB is motivated by quick profit only
UB does not ask correct questions or no questions at all and says he buys from reputable companies only.
UB deliberately does not check, counter check or get gems checked as they are not interested if source description accurate
UB buys close out stock on EBay or other internet sites for high mark up
Some examples on difference between these two types of gemstone buyers.
925 SILVER
Most countries are very accurate about hallmark for silver 925
But some Chinese companies use same casting for base metal and have hallmark stamp 925
DB picks up a 20 carats pendant for $8.00 and sees stamp but realizes instantly it is rhodium plated base metal and leaves it .
UB will pick up same pendant and think cheap and buy and start negotiating for more discount
RUBY
DB sees glass filled ruby clean crystal at $1.50 per carat and knows it is heavily glass filled and doesn’t buy.
UB sees same and sees quick profit as so clean a gemstone and starts negotiating again
I was told you cant check exactly how much a ruby is glass filled, but after this show I can pick if ruby small amount glass filled say 20% to heavily glass filled up to 85% or natural heat treat only.
AMERTRINE
DB understands this gemstone and difference in price for quality.
UB buys this gemstone for quick profit.
At BK show sellers offered parcel deals from $4.00 to $10 per carat,some had 100 carat parcels for $2.00 per carat but lower quality.
Top rough was offered at $50 to $70 per piece.
Now you see clean vvs top quality amertrine selling for $1.00 per carat.
That’s because its grown man made synthetic made by Solution growth Synthesis.
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CORNFLOWER BLUE QUARTZ
DB dosnt even pick up this gemstone.
UB sees huge profit .
Years ago they maybe would use quartz and treat but not now.
This stone is made from Solution growth Synthesis and takes 60 days to grow and makes few kilos in one patch.
It is said many millionaires have been made from this stone as its synthetic
SUMMARY
All sellers have to agree to the principles of a Discipline buyer.
Seller with 100 items has to have 5 gemstones certified BEFORE they are upgraded
Last Update: 1 Feb