The premium, which includes the additional 1% if the purchaser utilizes RIAC’s live bidding platform ‘RIAC Live’, is added to the purchaser’s successful bid and the two together equal the total purchase price. In addition, if the purchaser utilizes RIAC’s live bidding platform ‘RIAC Live’, there will be an additional 1% of the hammer price added to the buyer’s premium. This is not an aggregate percentage on the total items bid, but rather a per item percentage rate. If the account is settled by credit card, the buyer’s premium then shall be the standard 18.5%. The buyer’s premium shall be reduced to 15% provided the payment is paid by cash or the equivalent of cash (cashier’s check, wire transfer, or approved personal check). All bid prices “hammer prices” (“hammer prices” mean the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium 18.5% payable by the purchaser. THE AUCTIONEER IS NOT RESPONSIBLE FOR ANY ERRORS OF THE PURCHASER INCLUDING BUT NOT LIMITED TO THE PURCHASER BIDDING ON THE WRONG LOT.Ģ.
By bidding at RIAC’s auction, whether in person or by agent, sealed bid, telephone bid, via the internet or other means, the purchaser or bidder agrees that the contract created by these terms and conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the jurisdiction for contractual disputes is Rock Island County, State of Illinois. The purchaser’s rights and RIAC’s respective rights and obligations hereunder are governed by Illinois law. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions of sale. Any notices, posted or oral, during the sale, are also part of our terms and conditions of sale agreement. All bidders who participate by bidding in this auction agree to the terms and conditions of sale and agree to be bound by same. The following conditions of sale make up the entire terms and conditions on which items listed in Rock Island Auction Company’s (known hereafter as “RIAC”) catalog, on the internet web site and addendum sheets will be offered for sale or sold by RIAC.
PROXIBID BUYERS WILL BE CHARGED AN ADDITIONAL 3% ON TOP OF THE ROCK ISLAND AUCTION BUYERS PREMIUM EXPLAINED BELOW. Cash Payment Discount: 3.5% Participation Requirements: Valid Credit Card required for bidding approval Payment Options: Visa, MasterCard, Discover, American Express, Check, Money Order, Wire Transfer, and Cash Visa MasterCard Discover American Express Payment Instructions: Day Auctions - Revised 3-18-2020
0 kommentar(er)
