Refer a liquidator. Earn up to $2,000.
Know a liquidator sitting on inventory? Introduce them to Closo Wholesale. Their qualifying sales earn you Closo credit, up to $2,000 for each liquidator you refer.
How it works
Four steps, and only one of them is yours to do twice.
Get your referral link
Sign in and it is at the top of this page, ready to copy. Only an application made through that link can be credited to you.
Yours · one link, trackedIntroduce a liquidator
Send it to a liquidator who is not on Closo yet. It opens the page written for them, and their application is what ties them to you.
Sent · they applyThey make their first qualifying sale
That sale activates your referral and pays the first reward. It also starts the 30-day window in which their later sales keep earning.
Activated · 30-day windowCredit lands in your account
Issued once a sale has settled, about 14 days after it completes, so returns and chargebacks resolve first. Your account shows what every referral has earned.
Credited · 14 days afterA schedule, not a promise.
The first qualifying sale a referred liquidator makes pays $50. Every qualifying sale after that pays $25, for 30 days from the first one.
Rewards stop at $2,000 for that liquidator. A sale qualifies when the lot sold for $500 or more.
That floor is why the program can pay at all. Closo earns on each lot sold here, and the reward is covered by the very sale that triggered it.
Across every liquidator you refer, referral credit is capped at $10,000 per calendar year. A referral link that is never activated expires 365 days after the referral is submitted.
5 qualifying sales inside their first 30 days. The $2,000 ceiling needs 79 in the same window. It is a maximum, not what to expect.
Paid as Closo credit.
Rewards are issued as credit on your Closo account, and credit is spendable on lot purchases on Closo Wholesale.
It is not cash. Referral credit is not withdrawable and is not paid out to a bank account.
Your account shows the balance and every reward that built it, so you can always see what a referral has earned.
What qualifies, and what does not.
The exclusions are stated up front, because finding out afterwards is worse than not knowing.
Counts
- A new liquidatorOne who is new to Closo and applies through your referral link.
- A qualifying saleA completed sale of a lot priced at $500 or more.
- Their later salesEvery qualifying sale for 30 days after the first one.
Does not count
- YourselfYour own company, or any account you control. Self-referrals are excluded.
- A liquidator Closo already knowsOne Closo already works with, or has already contacted.
- A lot under the floorA lot that sold for less than $500.
- Anything past the capsPast $2,000 on that liquidator, or past $10,000 for you in a calendar year.
Questions referrers ask.
How much will I really earn?
$50 on the first qualifying sale, then $25 per qualifying sale for 30 days. $2,000 is the ceiling, not the average. It takes 79 qualifying sales from one referred liquidator to reach it.
When does the credit appear?
About 14 days after each qualifying sale completes. The wait is deliberate: a sale can still be returned or charged back, and we would rather issue credit once than take it back later.
Can I take the reward as cash?
No. Referral rewards are Closo credit, spendable on lot purchases. Credit is not withdrawable and is not paid out to a bank account.
Can I refer my own company?
No. You cannot refer yourself, your own company, or any account you control. Self-referrals do not qualify.
What if Closo already knows the liquidator?
Then they are not eligible. A liquidator Closo already works with, or has already contacted, cannot be referred.
What if they sign up but never sell?
Nothing is paid: rewards start at the first qualifying sale. A referral that never activates expires 365 days after it was submitted.
Program terms.
These terms carry no figures on purpose. The amounts, minimums, windows and caps are the ones published above on this page, and they can change.
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Eligibility
You need a Closo account in good standing to take part. The business you refer must be a liquidator that is new to Closo.
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What counts as a referral
Only an application made through your own referral link. You may not refer yourself, a company you own or control, or an account you control. A liquidator Closo already works with, or has already contacted, is not eligible.
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What counts as a qualifying sale
A completed lot sale by the referred liquidator, at or above the published minimum lot price, within the published earning window that begins at their first qualifying sale.
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Form of the reward
Rewards are issued as Closo account credit and are spendable on lot purchases on Closo Wholesale. Credit is not cash: it is not redeemable for cash, not withdrawable, and not paid out to a bank account.
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Limits
Rewards are subject to the published ceiling per referred liquidator and the published cap per referrer per calendar year. Referrals that are never activated expire after the published period.
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Published figures may change
Closo may change the published amounts, minimums, windows and caps. The figures published on this page are the current ones, and a change takes effect when it is published here.
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Abuse
Closo may withhold or reverse credit, and remove a participant from the program, for fraud, self-dealing, unsolicited bulk messaging, or misrepresenting Closo. Credit issued on a reversed or fraudulent sale is reversed with it.
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Changes to the program
Closo may change or end the referral program at any time. Changes take effect when they are published on this page.
Know a liquidator? Introduce them.
$50 on their first qualifying sale, $25 on every one after, up to $2,000 per liquidator. Paid as Closo credit.
