This table illustrates the fees and commissions approved by the Ravelor platform, and it is considered an integral part of the platform's general terms and conditions.
First: Sales Commission
The commission is deducted from the seller's proceeds, and no commission fees are imposed on the buyer. The commission is calculated progressively and cumulatively on each segment of the final price value.
| Segment | Watch Value Range | Commission Percentage |
|---|---|---|
| First Segment | First SAR 5,000 | 10% |
| Second Segment | From SAR 5,001 to SAR 15,000 | 9% |
| Third Segment | From SAR 15,001 to SAR 40,000 | 8% |
| Fourth Segment | From SAR 40,001 to SAR 100,000 | 7% |
| Fifth Segment | From SAR 100,001 to SAR 250,000 | 6% |
| Sixth Segment | Exceeding SAR 250,000 | 5% |
Minimum Commission: The total commission will not be less than SAR 200 in any transaction.
Second: Inspection Fees
| Estimated Watch Value | Basic Inspection Fee |
|---|---|
| Up to SAR 10,000 | SAR 350 |
| From SAR 10,001 to SAR 50,000 | SAR 600 |
| Over SAR 50,000 | SAR 900 |
| Add Certified In-depth Inspection Service | Additional SAR 400 |
| Add Emergency Inspection Service within 24 hours | Additional SAR 300, subject to availability |
Inspection fees are non-refundable if the inspection has actually started, regardless of the reason for not completing the sale.
Third: Administrative Cancellation Fees
| Cancellation Time | Administrative Fees | Refund Mechanism |
|---|---|---|
| Before payment – if documented administrative effort was expended | SAR 150 | The remainder is refunded immediately |
| After full payment and before shipping within 24 hours | 3% of the transaction value, minimum SAR 300 | Deducted from the held amount, and the remainder is refunded within 3–5 business days |
| Seller retracts acceptance of the final price after approval | 5% of the final price, minimum SAR 500 | Deducted from his proceeds or directly claimed within 5 business days |
Fourth: Shipping and Insurance Fees
Shipping fees are added to the buyer's invoice, and insurance is included in the cost.
| Shipping Range | All-inclusive Cost |
|---|---|
| Within Riyadh and major cities | SAR 75 — 120 |
| Other regions of the Kingdom | SAR 100 — 160 |
| International shipping (when available) | According to destination and shipping company |
Insurance is mandatory for a value no less than the final price of the watch and is included in the stated shipping cost.
Fifth: Additional Services
| Service | Fees |
|---|---|
| Digital Certificate of Authenticity for completed transactions | Free |
| Reissuance of certificate upon loss | SAR 100 |
| Professional watch photography service | SAR 250 |
| Remote advisory valuation with photos | Free |
| Extension of watch display period after final price rejection | SAR 150 / week |
Sixth: Down Payment Provisions
| Item | Provision |
|---|---|
| Agreed down payment percentage | 5% — 10% of the estimated price |
| Minimum down payment | SAR 500 |
| Maximum down payment | 20% of the estimated final price |
| Seller retracts from the deal after receiving the down payment | Fully refunded to the buyer |
| Buyer cancels the deal after paying the down payment | Non-refundable |
| Lack of watch authenticity proven later | Fully refunded to the buyer |
Seventh: Value Added Tax
All stated fees and commissions include a 15% Value Added Tax unless explicitly stated otherwise.
Eighth: Amendment of Fee Schedule
The Ravelor platform reserves the right to amend the fee schedule in accordance with the general terms and conditions. Amendments do not apply to ongoing transactions at the time the amendment comes into effect. Any amendment will be announced seven (7) days before its effective date.