Auctioneer Contract: This contract is a general form to be used, specifically by an Auctioneer. He/She should use this agreement prior to committing to an auction. This form is available in both Word and Rich Text formats.
Auctioneer Contract: This contract is a general form to be used, specifically by an Auctioneer. He/She should use this agreement prior to committing to an auction. This form is available in both Word and Rich Text formats.
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At our auctions, these entries really do stand out and garner additional attention from bidders. They also benefit by receiving a reduced commission rate, as the standard 10% seller's commission with a reserve is reduced to 6% for no-reserve entries.
Mecum Auctions pays the seller when payment is received and confirmed from the buyer. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Seller checks are then mailed within 5-7 business days.
Rules of an Auction Sale1 Goods Sold in Lots. In an auction sale, there can be many goods up for sale of many kinds.2 Completion of Sale. The sale is complete when the auctioneer says it is complete.3 Seller may Reserve Right to Bid.4 Sale Not Notified.5 Reserve Price.6 Pretend Bidding.7 No Credit.
The buyer places bids online, and on auction day, the highest bidder wins the auction. After the auction, GovPlanet connects buyers with transportation and finance companies. The buyer pays into a secure account. GovPlanet confirms payment, and releases the equipment to the buyer's transportation company.
Start by creating a GovPlanet account. You will then receive an email with your temporary password to log into your account, update your contact information, create a new password, and request bidding privileges. Once your contact information has been verified, you will be asked to put a credit card on file.