Oldies & Goodies Charity Auction for Hospice

Terms

East Durham Auction
Rates, Terms, and Conditions of Sale

1. Shipping and Local Pickup
Shipping – Items requiring shipment will be shipped by East Durham Auction’s in-house shipping department or, in some cases, a third party shipping agent. Although every effort is made to ship items in-house, those considered over-sized, fragile, framed, or complex may be outsourced to a third party shipping agent. Please allow up to 14 business days after receipt of cleared invoice payment for purchases to be packaged for shipping. For accuracy of the shipping and handling costs, shipping and handling fees may be calculated separate from the auction purchase invoice.
Local Pickup – Buyers are able to pick their items up in person from East Durham Auction. Buyers can come during office hours or by appointment within seven days of the auction.
2. Lots
Any and all descriptions of items are offered as a personal opinion of East Durham Auction. Items are purchased as is with no definitive claim to value, condition, age, etc. The bidder is ultimately responsible for the condition of his or her purchases. East Durham Auction is not liable for the bidder misunderstanding what they are buying. No refunds or credit.
3. Bidding
Once a bid is announced ‘sold’ the high bidder acknowledged by the auctioneer has purchased the lot. In exercising the right to bid, the bidder is agreeing to purchase the lot. All sales and bidding are final.
4. Buyer’s Premium
A buyer’s premium of 15% applies to all bids. Buyer’s premium is added to the price of each lot. According to NYS law, the buyer’s premium is considered a part of the purchase price and is subject to state and local sale’s tax. Buyer’s premium for online auctions is 20%.
5. Payment
East Durham Auction will not auto-bill to any customer or account. All bidders are required to pay within two business days of the auction. Acceptable forms of payment include cash, check, credit or debit card, and PayPal. If paying with a credit or debit card, an additional 3% is added to the total amount of the bidder’s invoice. A $35 fee will be charged for all returned checks. East Durham Auction reserves the right to announce a sale ‘null and void’ if not paid for within two business days. The full purchase price on all lots sold must be paid before buyer may remove any items.
6. Sales Tax
Bidders are required to pay applicable sales tax on all taxable items that are purchased. Tax exempt bidders must show proof of exemption and have a form on file.
7. Reserves
All lots that have a reserve will be announced by the auctioneer prior to bidding. If no bid is offered that will meet or exceed the reserve price, the lot will be passed.
8. Identification
All bidders are required to complete full registration at the office before bidding. It is the bidders’ duty to make sure all information is correctly filled out. East Durham Auction is not responsible for delays or losses due to incorrect or inaccurate information provided at the time of registration.
9. Auctioneer
All bidding advancements will be made at the discretion of the auctioneer. East Durham Auction reserves the right to determine opening and minimum bids on any lot. The auctioneer reserves the right to pass any lot and reject bids that devalue any lots. Items sold without a reserve will be sold at the auctioneers discretion. The auctioneer will also execute the bidding for all absentee bidders.
10. Consignors
Consignors are not permitted to bid on their own items for the purpose of advancing the bid. This is called ‘shill bidding’ and it is illegal. By placing an item up for auction the consignor has contractually agreed to sell the items by the terms of the consignment agreement.
11. Approval to Bid
East Durham Auction reserves the right to approve or decline a bidder at any time and for any reason.
12. Cancellation
East Durham Auction reserves the right to delay, cancel, postpone, or reschedule an auction for any reason whatsoever.