Selling Wine | Renaissance Vintners

What Is Portfolio Management ?

‘Portfolio management’ encompasses any service that Renaissance Vintners may provide which helps you enjoy buying, drinking, collecting or investing in wine but allows you to spend less time on logistics involving your purchases, collection or investment.

Examples Of Services That Renaissance Vintners Are Happy To Provide

A New Collection ?

You may wish to create a new cellar of wines for consumption at home or to cellar for the future, but you do not have time to select every single wine, to set up storage for those wines or to organise the delivery of your cellar. Renaissance Vintners has one Director who specialises in the sale and purchase of fine wine (Ian Elton-Wall) and a second Director (Genevieve Smith) who specialises in all aspect of fine wine logistics. We would be very happy to personally undertake some or all of these tasks for you for a pre-agreed fee, or on a commission basis, as you prefer.

Setting Up A Portfolio For A Family Member Or Friend

You may wish to set up a reserve or reserves for your children, god-children, or for a relative or friend. Renaissance Vintners are happy to provide advice on wines suitable for long term storage – or for investment. Please do contact us should you have a specific enquiry.

Advice On Purchasing Wine

Renaissance Vintners would be very happy to provide you with advice on which wines you should consider purchasing, based on your requirements. We can even fully manage the entire purchasing process for you, should that be your preference. Unlike the majority of merchants Renaissance Vintners will provide you with completely impartial advice because we are not significant stock holders and do not have a vested interest in selling our own stock. Please do contact us regarding any purchasing requirements you may have.

Advice On Your Portfolio

You may have acquired a portfolio of wines over the years which no longer suits your requirements. We commonly see collections which include very large volumes of inexpensive wines that their owners no longer want to drink, or which focus on wines from one particular region. You may realise that your portfolio does not provide you with a balance and variety of wine suited to your personal requirements. We would be very happy to provide you with advice on optimising your portfolio according to your needs. If you do decide you need to sell some of your wines, Renaissance Vintners are happy to provide realistic and accurate market valuations (for free !) to customers who intend to sell some or all of their collection via Renaissance Vintners. We offer highly competitive commission rates (see Broking) and can offer you a swift and efficient route to market for any wines that you agree to sell.

Selling Your Wines & Our Accelerated Sales Process.

Renaissance Vintners is specifically set up to sell wines belonging to our clients competitively and efficiently (please see broking). Should you have an immediate requirement for funds we can also arrange a cash offer for most fine wines that you may own (subject to provenance and satisfactory condition reports / photographs).

Consolidating Your Collection Or Auditing Your Stock

Many wine collectors arrive at a point where they have bought wines from multiple merchants and have had them stored in more than one location. The logistics of managing multiple reserves, or even of keeping track of all your purchases may become onerous and you may wish to consolidate your collection into one account and audit your stock.

Renaissance Vintners are happy to consolidate your wines for you, chase up missing stock, audit your collection and undertake condition reports of your wines, should you be concerned about their provenance. We are happy to negotiate a pre-agreed fee or work on a commission basis for this kind of service, as you prefer.

Estate Valuations For Probate

At Renaissance Vintners we have experience in providing support for the executors and beneficiaries of any estate which includes a wine collection. You may require a valuation of a wine portfolio that enables you to make a fair distribution of assets – or you may require wine specific logistical support or advice at the point at which the assets are distributed. Please do not hesitate to contact us should you require any further information.

Consulting For Other Wine Companies

At Renaissance Vintners we have one Director with over 15 years sales and purchasing experience and a second Director who has considerable experience with systems implementation, stock reconciliation and warehouse moves. We would be interested to hear from you if you are seeking experienced professional advice on any aspect of your wine business.

Wine Investment

Renaissance Vintners does not levy any management fee or have any hidden charges for advice we provide about investing in wine. Please see our page about Wine Investment.

Anything Else ?

Should you require any other ‘portfolio management’ type service not mentioned here, please do not hesitate to contact us.

If you have read the information on this page and you would like to find out more, please do contact us.

Email: enquiries@renaissancevintners.com

Phone: +44 (0) 208 563200 or
+44 (0) 203 6691265

Broking Wine For You Is Our Business

Renaissance Vintners are set up specifically to offer an efficient broking service for owners of stocks of fine wine. Instead of seeking to become a significant owner and seller of our own stock, Renaissance Vintners will focus on your needs, by prioritising the sale of wines you wish to sell. Should you decide to sell wines through Renaissance Vintners, we are very happy to offer you an extremely competitive rate of commission. We are able to do so because we do not have a shop, we do not employ a lot of staff, we do not have expensive office premises and crucially, we are not a significant stock holder. Consequently we are able to operate on a much lower margin than many of our competitors and we are able to focus on transacting the sale of your wines for you in a timely and efficient manner.

How Broking Works

As you may be holding stock through a wide variety of merchants, traders and wine storage companies – as well as at your home – it is very difficult to give a categoric description of the specific arrangement we may enter into with you concerning the sale of your wines. A general description of a typical broking arrangement is illustrated in our T&Cs. Unlike many brokers, it will not always be necessary for you to have the wines you wish to sell moved into Renaissance Vintners storage account before we are able to sell wines on your behalf. Depending on where you are holding your wines we may be able to undertake the required checks and condition reports ‘in situ’ so that the only stock movement that needs to take place is when we have actually sold a wine on your behalf. Renaissance Vintners will look at the individual circumstances of your proposed sale and offer you the most secure and cost efficient solution.

How Renaissance Vintners Will Sell Your Wines

Unlike the various wine exchanges who just list your wines on their site for a commission or a fixed fee, Renaissance Vintners will seek to actively ‘sell’ your wines on your behalf by making offers to private and trade customers internationally. Unlike the wine exchanges, we seek to maximise the net amount payable to you for your wine by seeking out the best selling price we are able to achieve – within the timeframe we agree with you. We will actively manage your sales process through a monthly re-pricing exercise to ensure that we achieve an improved price if your wines are rising in value, and to prevent wines that you wish to be sold promptly from ‘sticking’.

For Your Peace Of Mind….

Wherever they are stored, Renaissance Vintners will not release wines we have sold on your behalf to any customers until we have received payment for those wines – unless specifically agreed with you beforehand. (There may be occasions on which we would recommend that you do agree to allow us to release stock prior to payment – for example when a major UK merchant wishes to conduct their own condition checks on receipt and have agreed ‘payment on receipt’ terms).

Renaissance Vintners look to pay our customers promptly for wines we have sold on their behalf. Typically we will pay you at the end of the week following our receipt of the funds that confirm the sale of your wines. This is unlike many merchants and traders who will pay you a month following the sale of your wine, or even hold the money ‘on account’ for you unless you chase them up repeatedly for the funds.

I Want Renaissance Vintners To Sell My Wines…….

If you have read the information on this page and you would like to find out more, please do not hesitate to contact Renaissance Vintners.

Email: enquiries@renaissancevintners.com

Phone: +44 (0) 208 563200 or
+44 (0) 203 6691265

Tag Archives: Selling Wine

Portfolio Management

Broking Services