AuctionBDI: Auction Site User Agreement
 

 

 

Our auction utilizes a modified sealed bid format that allows bidders to enter a low and high bid for each lot, with periodic notifications to bidders (around 4pm PST daily during auction cycle) of being outbid or bid being raised. Our system automatically raises the current bid amount by $1 at a time, so that the highest bidder will win the item for $1 over the 2nd highest bid. Bidders cannot delete or lower bids. If you make a mistake, please notify the office immediately.

Warranty information and condition is specified individually for each lot. AuctionBDI reserves the right to enter manual bids from bidders without Internet access after the auction closes and prior to winner notification when the auction closes on a weekend, holiday or after normal business hours.

We encourage you to come and look at the product you are bidding on. Our hours of operation are Monday thru Friday 8am to 5pm, closed on weekends. Minimum bid amount is $25 per lot or higher if specified by lot detail information. Bids less than $25 will not be accepted. A buyers premium of 25% (or as specified) will automatically be added to your winning bids to help cover our operating costs. Winning and losing bidders are notified by e-mail. If for some reason you do not receive our emails, please login to your account to check bid status. If you do not have an e-mail address you will need to contact our office to enter and check on your bid.

Payment: We accept cash, Visa, MasterCard, American Express, Discover, company checks for approved customers, and PayPal for approved customers (please contact the office).

Packing and handling charges: Auction BDI will ship via your requirements: UPS, freight carrier, etc. Call us to arrange transportation for your material. If you make your own shipping arrangements, please fax a copy of the Bill of Lading to our office @(408)955-7914. There is a $10 per lot charge for packing and handling, up the UPS max of 70 pounds. This is in addition to any shipping charges. For palletizing of larger lots the charge is $20 per pallet, in addition to freight shipping charges. Extra charges apply for oversize items that will not fit on a standard pallet.

Winning bidders: Please pay and pick up your winning lots as soon as possible. Friday is the last day to pay and pickup your winning lots. Unless you have made arrangements with our office, winning lots not picked up by the Friday evening will be cancelled. We will invoice you $50 per cancelled lot. If you cannot pick up your lots on time, you may call in by Friday with your payment to hold the items, and you will be charged a $10 per day storage fee starting the following Monday, payable upon pickup. Please communicate with us in a timely manner if you have any questions, as failure to adhere to these policies may result in suspension of your account.

By accepting the terms of this agreement, I agree that neither AuctionBDI nor any parties associated with creation or maintenance of this web site are liable for any transactions I execute as a result of the information obtained on this site. I will act responsibly and honestly when trying to either sell or purchase products from other clients on the site. I agree that AuctionBDI or any parties responsible for the maintenance of this website has the right to terminate my access for any reason with no refund for any services purchased. Finally, AuctionBDI or any parties responsible for the maintenance of this website are not liable for periods when the site may be unavailable due to communication, system, or other problems.

  

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