ONLINE ONLY AUCTION EVENT.
TERMS OF SALE
We advise all prospective bidders to read the Terms & Conditions of the Auction Sale before bidding in a Bronze Compass Auctions sale. By placing a bid the bidder is bound by those Terms and Conditions of the Sale, as amended by any oral announcement or posted notices, which together form the contract of the sale between the successful bidder (purchaser), Bronze Compass Auctions and the seller (consignor) of the lot(s).
1. All property is sold "As Is, Where Is", and All Sales are Final. There are no bid reversals or refunds.
1a. Prospective bidders have the opportunity to examine items of interest (See 2.) preceding the auction. Check the listing for scheduled preview dates and times. Condition reports are offered as a courtesy but they are a matter of opinion and Bronze Compass Auctions is not liable for any omissions or errors. It is the Bidder's responsibility to determine condition, age, genuineness, authenticity, value or any other determinative factor prior to placing a bid on an item. Bidder shall be the sole judge of value. Bronze Compass Auctions may attempt to describe the merchandise in advertising, on the internet, over the phone and at the auction but makes no representations.
2. Persons in attendance during sale or removal of merchandise assume all risks of damage or loss to persons, property, or merchandise and shall exercise proper precautions at all times for the protection of persons and property and shall comply with all safety and health requirements as directed by Auctioneer, and local, state and federal regulations. Auctioneer, its agents, its employees and representatives shall not be liable by reason of any defect in or about the condition of the premises on which the auction is held. Buyer specifically releases Auctioneer, its agents and representatives from all liability thereof. In no event shall Bronze Compass Auctions be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose.
3. BIDDER REGISTRATION: Bidder must be 18 years of age or older, and is required to register for each auction. To participate in this Auction prospective bidders must register & provide identification information to establish that you are a valid bidder: At the time of registration, we collect information about you to verify who you are before you can bid. Bidders must submit information found to be current, complete, and accurate for proper identification. We collect credit card information to ensure that you are a qualified buyer. Bidder is responsible for security of his/her bidding number/user name and password, and any and all bids placed under the assigned number/ID. Auctioneer should be notified immediately if the Bidder believes his/her bid number, account and/or password have been compromised.
There is no cost to register for an auction (A $1 Authorization will be charged when you initially register to validate your credit card by Auctionflex Hibid.) The Authorization is never deducted from your account. It verifies that the card being placed on file is legitimate. The Billing information including address will be validated through this authorization. If the Billing information on the Card doesn't match your shipping information the card may be rejected for possible fraud activity.
Bronze Compass Auctions, at its sole discretion, reserves the right to terminate any registration, deny any person for any reason permission or access to bid, to reject any and all bids, and to suspend or ban Bidders from bidding. Bidder registration is not transferable or assignable.
4. CATALOGUE ERRORS & OMISSIONS: If a description does not match a picture in a lot, it is determined by the auctioneer what is being listed/sold. If you find an error please contact Bronze Compass Auctions and we will attempt to rectify it. All items are sold on an "as is, where is" basis, with all faults. In the event an item was listed in error or an item can't be located during pick up for any reason, the bidder agrees that their maximum recourse is a full refund of the item in question and that all other items bid on remain binding. By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to all of these terms. The Bidder is responsible for knowing which item is being bid on. If the Bidder is unsure, they should inquire or not bid. When becoming the winning bidder at auction you have effected a contract and will be expected to pay for items in which you were evidenced to be the successful bidder. Auctioneer will not honor "mistakes".
5. REVIEWING YOUR BIDS: During an auction you can check the status of your bids at any time by logging into your Hibid account. Please be careful when placing bids. Placing a bid is a two step process. When you click the bid button it will pull up a window verifying that you want to place that bid. If you want to place the next bid increment that the computer is asking for you can do that. If you desire to increase the amount of your bid this screen will allow you to bid a higher amount. Ensure that you type in the correct amount. If you make an error Bronze Compass Auctions can attempt to correct it but it has to be in a timely manner before the auction starts. In order to make a correction you must contact Bronze Compass Auctions at 910-622-5002. You are responsible for the bids that you place. Note that no bids can be withdrawn after the auction for any reason.
6. PROGRESSION OF THE AUCTION: Auctions are typically uploaded to the HiBid Auction Platform 5-14 days before the auction is scheduled to end. Each Auction will have a scheduled time that each auction's items will begin closing. If an auction starts closing on a Friday night at 5 PM, the first lot will be scheduled to close at that time. Depending on the quantity of items in the Auction lots may be scheduled to end anywhere between 15 seconds and one minute apart. Each lot will show a scheduled ending time. If no one bids in the final minute before a lot is scheduled to close that lot will close out. If someone bids within the final minute before that lot is scheduled to close, 90 seconds will be added to that lot and that lot only to allow additional time for people to bid. The remaining lots behind that lot will continue to close as scheduled unless someone bids in the last minute on that specific lot as well. This is done to prevent a bidder from 'sniping', all bids made in the last minute of the auction will force an item to stay open for an additional 90 seconds. This gives the back bidder additional time to increase his/her bid if desired. This process will continue until all bidding has ceased on no one bids within the additional minute that was added.
7. PAYING FOR YOUR PURCHASES: There is no cost to register for an auction. We generally process Credit Card transactions immediately after the Auction. We will Charge the Credit Card that was placed on file at Registration for the Purchase price of your won items including Sales Tax and Buyers Premium. If your Credit Card is declined you will be required to provide another form of payment prior to picking up items.
8. REMOVAL OF ITEMS: All items are sold in place. Buyers are responsible to remove items in a good workmanlike manner. You must bring any and all tools, equipment required to remove any items you purchase. You must bring any required labor to assist in carrying your items from the site to your vehicle. We will have staff onsite to assist buyers in finding their items but they will likely not be available to assist in any way with removal of your items. Please plan ahead and come prepared. You are expected to bring boxes, packing materials, tape, tools, wheel carts, dollies or anything else needed to remove your items in a timely manner. Any items not removed by the times shown will be deemed abandoned regardless of the price. If you can't pick your items up during the time scheduled, you are responsible for designating someone to pick your items up during the time that we are scheduled to be there. You have been advised of the preview and pickup dates prior to the auction. If you are unable or unwilling to pick up your items during the scheduled time please don't bid on the items unless you provide someone to pick your items up for you.
8A. Items being left beyond the pickup windows for each auction will have a storage fee for all items. Each item not picked up by end of the announced pick up time after an auction will be subject to a $5.00 fee for storage up to 14 days. Fee is PER item, meaning 5 items will equate to a $25.00 storage charge. Items still in our possession at the end of 14 days will be automatically become property of Bronze Compass Auctions and no refunds will be given.
8B. Bronze Compass Auctions will offer packing and shipping services for this online auction. Packing and shipping costs and finalization is buyer's responsibility.
9. RISK TO PERSON AND PROPERTY: BY REGISTERING AS A BUYER, YOU AGREE THAT Bronze Compass Auctions & THE SELLER/CONSIGNOR ARE NOT LIABLE TO YOU FOR ANY DAMAGE TO THE ITEMS YOU PURCHASED, YOUR OTHER PERSONAL PROPERTY, OR FOR INJURY OR DEATH. Please take care of yourself and your items as you have released us from liability. We will not be liable for damage or injury to individuals or their property. Purchaser assumes all risk and liability whatsoever resulting from the use of the item(s) sold hereunder; and shall defend, indemnify, and save harmless Auctioneer and Seller from any liability.
10. ADDITIONS & DELETIONS: We reserve the right to remove and/or add lots and/or items to the sale at any point during the auction.
11. The Auctioneer reserves the right to accept bids in any increment he feels is in the best interest of his client, the Seller. The Auctioneer reserves the right to reject the bidding of any person whose conduct, actions, or adverse comments he feels are not in the best interest of the Seller.
12. SALES TAX: Sales tax will be added to the purchase of all taxable items. Dealers who purchase for resale must file their resale permit numbers. If you are a North Carolina dealer you are required to have a Valid Sales & Use Tax License with the State of North Carolina. We are required to verify that the license is Valid before deducting Sales Tax. We will verify the Tax # that you provide and print a Blanket Resale form for your to sign. This needs to be completed before the billing process is initiated. You can't use someone else's Sales & Use License. For Bidders from another state we are required by the State of North Carolina to have a copy of your State Business License/Tax License on file in order not to charge Tax.
BUYER'S PREMIUM: A premium of 18% of the bid price will be added to the price of each item purchased. Taxes are calculated AFTER the buyer's premium. The Bidders Payment Type will not affect the Buyer Premium at an Online Only Auction. The buyer's premium includes commissions and/or fee's retained by the Online Bidding Platform company.
13. Bronze Compass Auctions reserves the right to extend the bidding time if an error should occur with the online server.
14. By registering for the Auction you hereby agree to receive mail and/or email correspondence from Bronze Compass Auctions from time to time. Auctioneer uses email mailing lists to notify customers about online and live auctions. You can unsubscribe at any time.
