Oct 26 Thursday Online Auction (2024)

13% buyer's premium added to high bid to determine final purchase price

ALL SALES ARE FINAL.

PICK UP TIMES ARE:

---TUESDAY EVENING 6PM-8PM IMMEDIATELY FOLLOWING THE AUCTION

---WEDNESDAY 10AM-NOON &6PM-8PM IMMEDIATELY FOLLOWING THE AUCTION

All property is sold AS IS, WITH ALL FAULTS, AND WITHOUT ANY WARRANTIES OF ANY KIND, INCLUDING EXPRESS WARRANTIES AND IMPLIED WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY. Buckeye Auction Group reserve the right to add or delete items prior to sale time. We welcome all your questions so please email us before the final day so we are sure to answer in time for you to bid. On-line Bidding Terms:

1. Our auctions move fast! If you are interested in an item, bid quickly. Buckeye Auction Group has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All property is sold 'as-is' and it is the bidder's responsibility to determine the exact condition of each item. Printed statements or descriptions by staff are provided in good faith and are matters of opinion. Absolutely NO refunds will be offered. Auctions have a staggered ending. A certain qty (usually 2 or 3) of items will close every minute, so any closing time is the start of the whole auction no specifically any one item. Individual items have a countdown and could be well after the advertised closing time. For any item with bids placed within the last minute of open bidding, the closing time is extended by 2 minutes. This continues until a winning bidder is established. If you have any questions on bidding or the closing of the auction, you must ask before the end of the auction.

2. There is a 13% Buyer's Premium added to your total purchase.

3. All accounts will be settled at the conclusion of the auction. We accept Visa, MasterCard, Discover and American Express.

4. NO lots may be picked up before payment is made in full. All items must be removed during the schedule pickup time(s) unless other arrangements have been made. Any items not removed during the pickup times will become the property of Buckeye Auction Group & will be handled at our discretion. Please bring plenty of help and proper equipment needed to remove your items. Auction staff is not available to assist with loading.

5. If you win an item in the auction you will be notified by email the next business day. All items will be charged to the credit card on file unless other arrangements are made PRIOR to online auction start time as listed. The invoice you receive on the day after the auction will be used for billing- we will bill the credit card on file. Any credit cards that are declined at check-out will be charged a $25 processing fee to run another credit card- Absolutely NO Exceptions!

6. In order to better serve our customers, all bidders must provide their name, address, daytime phone number, and email address at which they can be contacted. This is to ensure good communication between Buckeye Auction Group and the bidder throughout the entire auction process.

7. The purchaser agrees to pay all reasonable attorney fees and costs incurred by the auction company in the collection of funds. The purchaser also agrees that a fee of 2% per month be added to the balance of any unpaid balance due the auction company and any other costs or losses incurred by the purchaser’ s failure to adhere to these terms. Any debt collection or dispute proceedings will be heard in Wayne County, Ohio.

8. Buckeye Auction Group shall be the final judge in all bidding disputes and shall name a bidder as the purchaser.

9. In the event of an internet outage, cloudflare outage or any other type of internet problem that would prevent potential bidders from accessing the online bidding site and/or placing bids in the final minutes of the lot ending will result in the auction either being paused or restarted from the time of the outage forward. In the event the auction would need to be restarted the lots would be resold even if you received an automatic email after the auction stating you won. This is a rare event but if this were to happen this is the way it will be handled so that everyone has the same opportunity to buy the items.

10. All sales are final.

11. By bidding on any item, the bidder shows acceptance of the terms of the auction.

12. The auction company reserves the right to refuse service or decline registration to any person.

Ohio Auction Firm License Issued by Ohio Dept of Agriculture #2022000214

Bonded in favor of the State of Ohio

Oct 26 Thursday Online Auction (2024)

FAQs

Should I wait to bid on an online auction? ›

Bid at the Last Minute

For less-active auctions, this method can be a great way to snag an item at a low price. However, one potential issue is that this strategy is one of the most popular tactics for web auctions, which means others might have the same idea.

What is the best day and time to end an online auction? ›

Sunday. Sunday is widely considered to be the best day to end an auction, as Jane eBay and Joe Bidder are more likely to be sitting in front of their computers at home with time to shop. Many people also use Sunday-and to a lesser extent, Saturday—as “get things done” days, including searching and bidding on eBay.

What is the best day to start an online auction? ›

Either a Thursday or Friday evening is the best day for the auction to begin, as this means the auction will be viewed over the weekend, which is peak time for activity. Targeting commuters on their way home creates a viewing window, thus creating interest and optimal viewing over the weekend.

Is a 7 day or 10 day auction better on eBay? ›

For most items, short auctions are suitable, up to 3 days. This time is usually enough to attract participants, but not too long for those who make impulse purchases. It is better to put up rare and expensive lots for 10-day auctions in order to maximize audience reach.

Is it better to bid early or later? ›

Early bids are transmitted with certainty, but there is time for other bids to respond. Late bids come too late for other bidders to respond, but run the risk that they will not be successfully transmitted themselves.

What happens if you win an online auction and can't pay? ›

You're liable for the deposit on auction day and the rest of the purchase price, plus fees, by the completion deadline (typically 28 days after the auction). If you can't pay the deposit, you may face legal consequences. The auction house and seller can demand that you pay the amount specified in your contract.

What is the 10 minute rule at auction? ›

Any bids placed inside the final 10 minutes of a lot will reset the clock to 10 minutes, effectively delaying the end time for that lot.

What is the 3 minute rule in auctions? ›

The highest bidder wins the lot. A special feature is the 3-Minute-Rule. If a bid is placed 3 minutes before the lot expires, this lot is automatically extended by 3 minutes. This only applies to the individual lot number and has no effect on subsequent lots.

What is the 15 minute rule in auctions? ›

Most auction sites now employ a 15-minute rule, where any last minute bid extends the auction another 15 minutes.

What sells best at online auctions? ›

10 Best Types Of Items To Sell At Auction
  • Precious Gems And Jewelry. Jewelry and precious gems also tend to see high sale prices at auctions. ...
  • Sports Memorabilia. Any sports memorabilia, mainly if a star autographs it, is likely to do well at auction. ...
  • Toys & Comic Books. ...
  • Antique Timepieces. ...
  • Fine Art.

What is the best day of the week to sell online? ›

Increased Sales

Monday is the day that online sales tend to be the highest. This is partly due to the Monday Rush and the fact that people are in a “buying mood” after the weekend. As a result, if you can successfully target consumers on Mondays, you are likely to see an increase in sales and revenue.

How to win online auctions? ›

5 Tips for How to Win an Online Auction
  1. Set the Highest Price That You Are Willing to Pay. After you decide to participate in an auction, the first thing you should do is evaluate the item's worth. ...
  2. Don't Get Overexcited When Bidding. ...
  3. Use Proxy Bidding. ...
  4. Set Your Maximum Bid to an Odd Number. ...
  5. Be Patient.

When should you bid on online auctions? ›

Bid early and often: Do not be afraid to bid multiple times. There is no limit to how many bids you could or should place, so the main rule is: do not hold back! You do not want to end the auction wishing you had placed another bid, so bid confidently and often.

What is the best length for an online auction? ›

The optimal auction length is seven to ten days. Running for less than seven days = not enough time to benefit from word-of-mouth. find out if they won an item.

Can eBay seller see highest bid? ›

The seller cannot see the hidden maximum of the leading bidder. Not unless it is not hidden and your full bid amount is already used up and the price is showing as less than a full increment over the underbidder's maximum (in which case everyone in the world sees it).

What are disadvantages of online auctions? ›

However, there are also some drawbacks to online auctions. One of the biggest drawbacks is the lack of personal interaction between buyers and sellers. Buyers are unable to inspect items in person, which can make it difficult to assess their condition and value.

How long should you keep an online auction open? ›

The optimal auction length is seven to ten days. Running for less than seven days = not enough time to benefit from word-of-mouth. find out if they won an item.

Are online auctions worth it? ›

Online auctions can offer great benefits to both buyers and sellers. But as the survey shows, when a consumer pays before receiving the merchandise, or a seller ships the goods before the buyer's payment clears, there is some risk involved. Even though most people have good intentions, things occasionally go wrong.

What is the 15 minute rule on eBay? ›

In the last 15 minutes of bidding, if anyone placed an upset bid, the bidding started on again with another 15 minutes of bidding, this gave both (or anyone) the opportunity to have another bid.

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