SEALED BID AUCTION: A sealed bid auction means you the bidder submit your most competitive bid while remaining at a level you feel the item is worth. You write your bid down on a ticket and submit to Idol Auctions. Once the sale has ended the highest bid on each lot will win. Winning bidders will receive an email with a link to view or pay their invoice.
PAYMENT: All purchases must be settled within 1 business days following the date of sale. The settlement must be paid by Cash, or all Major Credit Cards. All unpaid lots will be charged to your credit card on file at 5:00pm following the day of the sale.
SALES TAX: All Sales will be subject to State and Local Sales Tax Laws where items are located unless otherwise listed. Sales tax will be collected unless State supporting form is provided. (E-595 form in NC)
BIDDING: In case of a tie bid, auctioneer or firm reserves the right to reopen the bid between those two bidders. Auctioneer/ firm reserves the right to revoke any bid card at any time. Anyone bidding for an account other than their own must obtain a separate bid number for that account.
NO WARRANTIES: All items are sold AS-IS, WHERE-IS, and with all faults. Bidder agrees to solely rely on their in person or online inspection. All sales are final. Bidder will not be entitled to any adjustment, allowance, or damages or any other remedy regarding the condition of any item purchased.
PICKUP ITEMS AFTER WINNING: ALL BIDDERS ARE ENTERING THE PROPERTY AT THEIR OWN RISK. PLEASE USE CAUTION. Regardless of cause, the seller, Auctioneer or Idol Auctions Company and its agents will not be responsible for any injury to anyone taking ownership of items. Please proceed with caution.
AGENCY: The auctioneer / firm reserves reserve the right to bid on items on self of the seller as permissible by the uniform commercial code.
LOADING: All items from your lot must be removed (even the trash) within 2 calendar days after the sale. Idol Auctions Company or employees are not responsible for loading or unloading equipment. We are not responsible for securing loads.
An 4% online buyers premium to all purchases.
Buyers premium is due to Idol Auctions Company.
Purchaser will be notified of its winning bid on the date of Sale. Invoices will be emailed to Purchaser no later than the end of the 1st business day following the date of Sale.
Unless agreed to in writing by Auctioneer,
-Complete payment is required within 1 business days of the sale, cash or all major credit cards will be accepted, buyer will assume additional 4% fee for credit card purchases.
-Should Purchaser fail to pay in full for all Auction Item(s) within 1 business days following the date of Sale, Idol Auctions Company reserve the right to charge your credit card on file. Purchaser shall remain fully responsible for the purchase price therefor and the buyer’s fee applicable thereto. In addition any items left onsite after designated pickup window (2 business days after close of sale) will be put back in line and sold. YOU WILL BE CHARGED FOR THE ITEM YOU PURCHASED. (DO NOT BID ON ITEMS YOU CANNOT PICK UP)
-Purchaser acknowledges and agrees that Purchaser shall be responsible for removing items, storage and all reasonable attorneys’ fees, court costs, default interest and other costs incurred by Auctioneer associated with the enforcement of this provision.
Removal of Items
All items must be removed by appointment with seller only, and scheduled 24 hours in advance. Upon settlement, buyer will receive contact information of how to contact seller and arrange pickup. We request the item be picked up with in 10 days of the settlement date, and there will be a charge of $25 per day after unless arrangements are made with the seller. Any purchases left over 90 days becomes property of Idol Auctions Co.
A “paid in full” receipt must be presented by Purchaser for removal, and in certain cases Purchaser will be asked to sign a Delivery and Acceptance Certificate indicating that Purchaser has accepted and taken delivery of the Auction Items. Purchaser shall be deemed to have taken delivery of all Auction Items on execution of the Delivery and Acceptance Certificate regardless of whether Purchaser removes the same in a single or multiple trips to the Auction site.