BUYER'S PREMIUM A buyer's premium of 15% of the high bid will be added to the high bid to determine the final sales price for the auction lot. Example: $100 bid + $15 BP = $115 invoice amount
NO RETURNS All sales are final. There are no returns, refunds, credit card charge-backs, or adjustments.
AUCTION ENDING Beginning at the stated closing time, the auction software will conclude bidding for one or more lots each minute in catalog order with the following exception: if a bid is placed within 60 seconds or less remaining for that lot, bidding for that lot will reset to 60 sec until there are no further bid advances.
OUTBID NOTIFICATION Until the auction begins to close, the bidding software will notify bidders by email when they have been outbid.
PAYMENT All invoices will be paid upon completion of auction by credit card on file
3% convenience fee will be added to invoice total
PICKUP LOCATION & TIMELINE All items must be picked up on location. No items are removed until payment has been received by the auction company.
If items are not removed within the time schedule posted above, EK Auctioneers reserves the right to resell the items and retain all sales proceeds as payment for accumulated, unpaid storage and handling. Merchandise becomes the full responsibility of the bidder at the time of payment and the bidder assumes all risk of loss and damage to property at that time. In any such event, the bidder will still be responsible for payment for the original purchase and the costs of collection of this payment and/or damages resulting from the resale of the property.
SHIPPING: NOT AVAILABLE UNLESS AGREED UPON BY AUCTIONEER
DEBT COLLECTION and INTEREST CHARGES The bidder agrees to pay all reasonable attorney fees and other costs incurred by EK Auctioneers , in its efforts to collect unpaid funds from the bidder. The bidder agrees that a fee of 2% of the outstanding balance per month is added to any unpaid balance due to EK Auctioneers Any debt collection or dispute proceedings will be heard in Blount County, Tennessee
GUARANTY AGREEMENT By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment to EK Auctioneers of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorney's fee.
LIMITATION OF LIABILITY If, for any reason, EK Auctioneers, is unable to make available or deliver any Purchase, or portion thereof, or documentation required in respect of any Purchase, the sole liability of EK Auctioneers if any, shall be the return of monies paid in respect of such purchase upon its return by Purchaser.
DISCLAIMER All lots sell as is, where is, with all faults. EK Auctioneers and the seller do not give or make any type of guarantee or warranty regarding the lots to be sold, implied or otherwise. EK Auctioneers encourages all bidders to inspect lots in person before bidding. EK Auctioneers is not responsible for incorrect listing information, if any. EK Auctioneers has attempted to provide accurate descriptions of all items, however, it is the bidder's responsibility to determine the condition and suitability of each lot. Printed statements or descriptions by EK Auctioneers staff are provided in good faith and are matters of opinion.
AGE REQUIREMENT All bidders must be 18 years of age or older.
BIDDER INFORMATION AND SECURITY All registration information the bidder provides to EK Auctioneers shall be current, complete, and accurate. All bidders are responsible for any bids placed under their bidding numbers and passwords. The security of bidder information is the responsibility of the bidder. Bidders must notify EK Auctioneers if they believe that their bidder number and password have been compromised.
SERVER & SOFTWARE TECHNICAL ISSUES In the event there are technical difficulties related to the server, software or any other online auction-related technologies, EK Auctioneers reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor EK Auctioneers SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by EK Auctioneers, LLC