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Seller's Terms and Conditions

Sunday, 01 January 2017 | Hariestu W

The Vendor grants ALLBIDS On-Line Auctions the exclusive right to sell his / her or its property at public auction. ALLBIDS On-Line Auctions will decide the auction at which the property will be auctioned. ALLBIDS On-Line Auctions may divide or combine the property into one or more separate lots. ALLBIDS On-Line Auctions will incur no liability for the postponement of any auctions for any reason. ALLBIDS On-Line Auctions is not responsible for items left with ALLBIDS On-Line Auctions that do not appear on the asset list supplied to ALLBIDS On-Line Auctions. Any items left with ALLBIDS On-Line Auctions that do not appear on an asset list are to be removed from the premises or the Vendor will be charged storage fees, deductible from future Vendor payments.

Title

On delivery of goods, or upon listing on ALLBIDS.com.au the Vendor warrants that it has full, clear and undisputed title to all goods so listed. Items are received on the clear understanding that after presentation on https://www.ALLBIDS.com.au/ the assets will be sold at the highest offer, subject to the terms and conditions on www.ALLBIDS.com.au

Photography

ALLBIDS Auctions reserves the right to photograph any property, and these images remain the property of ALLBIDS Auctions.

Insurance

Insurance of the Goods is at the Vendors risk unless special arrangement, in writing, is made with our company

Personal Injury

ALLBIDS Auctions accepts no responsibility for any injuries to any person whilst affecting deliveries of goods to or in our premises or delivery to the buyer.

Fees and Charges

All items received by ALLBIDS Auctions will incur the charges as set in the Fees and Charges guide, unless special arrangements are made in writing with ALLBIDS Auctions.

Payments

ALLBIDS Auctions will pay the auction proceeds to the Vendor, net all commissions and costs, within 30 days from the close of all the items in the one consignment, together with a full auction report

Claims by Buyers

If, within 90 days from the auction close, the buyer of any property demonstrates to ALLBIDS Auctions satisfaction that the property purchased is not authentic or is materially different from its description, ALLBIDS Auctions may, in its sole discretion, delay payment to the Vendor (if not paid under paragraph 9), rescind the sale, and refund the full purchase price to the buyer. If the Vendor has been paid, The Vendor will remit to ALLBIDS Auctions the proceeds previously received for the rescinded sale.

Reserved Bids & Withdrawal

Vendor agrees that neither he or she nor his/her representative will bid on items under this agreement. If a Vendor wins their own item/s, the vendor will be liable to pay the agreed Vendors Commission, Listing fee/s and the Buyers Premium as outlined in the Users Terms & Conditions and the item/s is to be collected and removed from ALLBIDS Auctions within the designated time frame in the Users Terms and Conditions. Vendor agrees not to withdraw any property subject to this agreement unless agreed to by ALLBIDS Auctions, and the payment of all charges, costs, and the commission (both the buyer’s premium and Vendor’s fees) due if the item has been sold.

Nonpayment by Purchaser

If ALLBIDS Auctions is not paid by the purchaser within 3 Days of sale, ALLBIDS Auctions may, in its sole discretion, cancel the sale and resell the property.

No Guarantee

ALLBIDS Auctions does not guarantee the selling price of any property. All estimates of the selling value are opinion only and shall not be construed as any promise of the selling price. ALLBIDS Auctions is not liable for the errors or omissions in descriptions.

Unsold Property

Property not sold shall be reclaimed within ten days following notification by ALLBIDS On-Line Auctions. Property remaining after 10 days will be subject to storage charges of $5.00 per day per lot. All charge must be paid before the property will be released. ALLBIDS On-Line Auctions reserve the right after an additional 20 days to resell the property unreserved.

Private Sales

For property failing to sell or meet its reserve, ALLBIDS Auctions has the exclusive rights for 30 days to sell the property privately for a price equivalent to the reserve price. Vendor’s obligations to ALLBIDS Auctions shall remain the same as if the property had been sold at auction.

Contract Term

This contract will continue in force until notice to cancel is given by either party