The Frauxmagerie Closure - Meaford
Production Facility Auction
- Auction Location: 43 Helen Street, Meaford, ON N4L 1J9
- Auction Opens: August 20th, 2023 at 12:00pm
- Preview Time: August 23rd from 1:00pm to 4:00pm ▪ to schedule a preview time, click on the following link: The Frauxmagerie Closure - Preview
- Auction Closes: August 24th at 9:00pm (soft close in effect) - *Please note this is a cascading close auction, which means only 1 lot closes at a time*
- Pickup: We do not ship. MONDAY August 28th from 9:00am to 1:00pm ▪ to schedule a pickup time, click on the following link: https://www.signupgenius.com/go/904084AA5A928A4F85-thefrauxmagerie1
- 10% buyer’s premium in effect
Auction Terms & Conditions Terms and Conditions - To Bid and Buy
BUYER'S PREMIUM: There is a 10% Buyers Premium in effect for this auction.
REGISTRATION & IDENTIFICATION: At the time of registration, we collect information about you to verify who you are before you can bid. We collect credit card information to ensure that you are a qualified buyer & you are providing a valid credit card. All bidders must be of legal age to bid.
PAYING FOR YOUR PURCHASES: There is no cost to register for an auction. Your credit card will not be charged unless you win. When an auction closes, if you are the winner, we will charge your credit card with the winning bid amount, plus applicable Buyers Premium and taxes, as stated in terms of auction. Credit Cards include Visa and Mastercard only. Vehicles, tractors, equipment & any large valued purchase over $2,500.00 will require payment by bank draft, wire transfer or etransfer or a 3.5% Credit Card Convenience usage fee applied to invoice.
BID INCREMENTS: are preset per platform settings.
REVIEWING YOUR BIDS: During an auction you can check the status of your bids at anytime. Note that no bids can be withdrawn after the auction for any reason. All items are sold as is, where is, with all faults.
BIDDING NOTIFICATIONS: You can choose to be notified by e-mail during the auction if you have been outbid. Please note that outbid notifications are NOT sent out during the last two hours of the sale.
WINNING NOTIFICATION & INVOICING: All winning bidders will receive an e-mailed invoice the morning after the auction closes.
PICKUPS & REMOVALS: Dates and times for pickup will be posted on the website. Do not bid if you are unable to be a "responsible purchaser" that can have your items picked up in the expressed time. Once an item is sold to the final bid, you have become the "responsibile purchaser"! Rapid-Sell.ca is not responsible for any shipping. If you are a buyer that is making and requiring shipping arrangements, let us know. Any item not picked up by the "responsible purchaser" during the posted pickup times will be considered an abandoned item. Items are sold as is, where is, with all faults. If you the "responsible purchaser" abandon an item, your credit card will be charged for the purchase price of the item plus the labour cost to remove, haulage/transport fee and disposal fee the item. A Storage fee is also applicable for any lot/item stored or not picked up at pickup. Thank you for being a "responsible rapid-sell.ca purchaser"!
CONDITIONS OF ITEMS SOLD & OUR ONLINE CATALOGUE: Our best efforts are made to represent all items accurately in descriptions and photographs; however, all items are ultimately sold on an 'as is, where is' basis, with all faults. We strongly encourage all bidders to personally verify the condition of each item during the scheduled preview times. No responsibility is assumed by Rapid Sell or the seller for any errors or omissions. The bidder is deemed responsible for their own bidding action, knowledge & skill set for any bid placed on any auction item.
CLAIMS: No claims regarding goods purchased will be allowed. Bidders are reminded that all goods are sold on an 'as is, where is' basis, with all faults.
PERSONAL & PROPERTY RISKS: We will not be liable for damage or injury to individuals or their property.
ADDITIONS & DELETIONS: We reserve the right to remove and/or add lots and/or items to the sale at any point during the auction.
BUYERS: The BUYER expressly agrees to indemnify and save Rapid Sell, the Seller and their assigns harmless from and against all claims, losses, expenses, damage or liability, directly or indirectly caused by or resulting from an act, including the negligent acts or omissions of Rapid Sell, or anyone acting in his/her behalf in connection with or arising out of auction. All bidders/buyers must be of legal age.
RESERVE: Seldom are items sold with Reserve. If an item is being sold with a reserve, it will be clearly marked and identified. For items sold with a 'reserve', you will be required to pay a minimum amount in order to win the item.
AUCTION RECORDS: In the unlikely event of a dispute, you agree to accept as true the information that we have in our records.
SOFT CLOSE: Items close at regular intervals. 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 3 minutes. This will continue until all bidding has ceased. Most of our auction lots close in 10 second intervals. In other words, if an auction has 100 lots and is scheduled to close at 9:00 p.m., the first lot will close at 9:00 pm (soft close in effect) while the 100th lot will close at approx. 9:16 p.m. (soft close in effect).
STRATEGY: We recommend that ALL BIDDERS put in their maximum bid when placing a bid online. This does not mean you will have to pay the amount you bid; you only pay one bid more than the next highest bid, and only up to your maximum bid. The software system will play out the bids as you would at a live auction and only uses the funds required to beat out the under-bidder at the prescribed bid increment.
CATALOGUE ERRORS & OMISSIONS: If a description does not match a picture in a lot, the description takes precedence. All items are sold on an 'as is, where is' basis, with all faults.
By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to all of these terms.
