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Sold4U Auctions® Bidding Instructions

Once you have registered with Sold4U Auctions you will be able to bid on any of our auctions. There are some key terms and information you should know before bidding - especially if you've previously used another online auction site like eBay. We're not eBay, and our auction process is different from theirs in many respects.

Auction Sites

Our auctions are all local auctions, with a physical auction house that you can visit and inspect any item prior to bidding. This is important for a few reasons:

Bidding

When our auctions are running, each item has a box next to it with a button labeled "Bid".

  1. Enter whole dollar amounts only. All bids must be in $1 increments.
  2. Do not include the .00 or the $ symbol. If you want to enter a bid of $50, type "50" (without the quotes) into the bid box.
  3. Double-check the amount. If you want to bid $50, make sure you haven't accidentally entered $500!
  4. Click the "Bid" button.
  5. After confirming your bid, your bid will be entered.

Proxy Bidding

In this respect we're similar to eBay. "Proxy bidding" means that you enter your maximum bid, and we'll automatically bid for you up to that amount. For example:

Throughout the example above, Greg never had to touch his account - the system kept bidding on his behalf, up to his maximum bid of $80. Had the auction closed after Jane's bid, Greg would've won the auction for $55.

Many people don't put in their maximum bid right away because they believe they'll "snipe" an auction at the last minute - but our system is designed to prevent that from happening, as you'll see in the next section. Again, we get at least one person per sale complaining that they missed the end of the auction - don't be that bidder! Put in your maximum bid, and let our system handle it for you.

Anti-Sniping Measures ("Soft Close")

Our auctions all use a feature called "soft close". This means that they will end at the posted time, provided there are no last-minute bids. We'll give you two examples.

This is exactly what we'd expect. But watch what happens when another bidder tries to "snipe" the fishing rod:

The bottom line is that you can't "snipe" our auctions like you can on eBay. This is good for both the bidders and the sellers, and makes our online auction much more like an in-person auction. That being said, we get at least one bidder per sale wondering why their sniping attempts didn't work - don't be that bidder!

I placed a bid, now what do I do?

Now that you have registered and placed a bid, you may be wondering what you should do next. This is an online auction so other people are also looking to get a good deal and may out bid you. If you have not entered a maximum bid you may want to consider this option. The auction software will then automatically place a bid for you if another bidder bids on the same item below you maximum bid. You can also register to be on our mailing list to make sure you are up to date on all upcoming auctions. You may also want to look around your house and or business and sell something yourself.

What happens if I am out bid?

If you are outbid on an item or items, Sold4uAuctions.Com will notify you via your registered email address. You can then log on to Sold4uAuctions.Com, browse to your item and place another bid if you choose. Another option is to place a maximum bid. The auction software will then automatically place a bid for you if another bidder bids on the same item below you maximum bid.

Can I cancel my bid?

The only reason in which you may cancel your bid is if you accidently added extra digits to your bid. For example if you wanted to bid $50 and you accidently put a bid in for $500. However, if the item has a market value equal or greater to your bid Sold4uAuctions.com reserves the right to hold your bid as binding. You cannot cancel your bid for changing your mind. This is an auction and once you hold the paddle up or in this case clicked your button, you have placed a bid. Please review all your bids carefully.

Ok I won an item, what do I do now?

Now that you have won an item or items Sold4uAuctions.Com will send you an invoice with your total bill. You will also be instructed how to pay for your items, pick up location and times and forms of payment accepted. You can also view our web site for other auctions. Sold4uAuctions.Com will have at least one auction ongoing per month.

Can I pay by credit card?

Sold4uAuctions.Com accepts credit cards, PayPal, cash, local checks. To sign up for PayPal please visit www.paypal.com it is quick and easy and can be linked to your credit cards or bank accounts. All PayPal and Credit card payments will be charged an extra 3% processing fee.

I live out of state, can I still bid?

Sold4uAuctions.Com has no policy against out-of-state bidders bidding on our auctions, but all items must be paid for and picked up at the appropriate auction house. If you live out of state, it is up to you to arrange for your items to be picked up. All out of state bidders will need to pay via cash (upon pickup), or via credit card - Sold4U Auctions does not accept out-of-state checks.

Can I return my item ?

In most cases the answer is "no", just as you can't return an item at a live auction either. EVERYTHING, and we mean EVERYTHING, in each sale is sold as-is, where-is. We post pictures on our website, but it is ultimately up to you to come and look at the item PRIOR to bidding. We take consignments and don't have the time to look at and test every item that we get. If you cannot come here and look at the item yourself please call the auction house and someone will be happy to do it for you.

Sold4U Auctions® Terms & Conditions

All online auction sales will be conducted according to the following plus any other conditions added via email or posted on this web site. In bidding you consent to be bound by these terms and conditions.
  1. Full Name and Address Required: All bidders must provide their full name, address, daytime/evening phone number, and driver's license number. Sold4U auctions reserves the right to deny registration.
  2. Deposit May Be Required: A cash deposit may be required to register or to continue bidding after a stated high bid has been reached.
  3. Sold to Highest Bidder: All items in the auction will be sold to the highest bidder unless the seller has a minimum reserve price. In this case the bid price is subject to the seller's confirmation. Disputes over the winning bid price or any other problem will be settled according to records kept by Sold4U Auctions.
  4. Bidder Inspection and "As Is, Where Is" Condition: When Inspection Times are provided, bidders should examine and inspect items prior to bidding. In all cases, all items are sold AS IS, WHERE IS WITH ALL FAULTS. The seller and Sold4U Auctions expressly disclaim any warranty concerning the condition, quality, and nature, fitness for particular purpose, value or merchantability of any item. No allowance will be made for errors in cataloging, genuineness, defects or imperfections not noted. Online photographs are provided for bidders' convenience and will not be interpreted to create representations or warranties for any item. Sold4U Auctions relies upon information from the seller concerning all items and makes no investigation or warranty about the accuracy or completeness of this information.
  5. Removal and High Bidder's Responsibilities: All removal is at the expense, liability, and risk of the purchaser including disconnecting of utilities. Rights of the high bidder to purchase the item end on the last day and time of announced checkout. At this time the item(s) will be considered abandoned by high bidder. Sold4U Auctions reserves the right to dispose of the item(s) according to its discretion. Any high bidder that fails to complete a transaction will be held responsible for all damages resulting from that action include, but not limited to, storage costs, interest, filing fees, and attorney's fees. Items paid by the high bidder but not removed by the announced checkout will be considered abandoned, and will be disposed of at the discretion of Sold4U Auctions. A refund will not be given.
  6. Claims and Non-Delivery: No claims will be allowed after an item has been removed from the auction site. Neither Sold4U Auctions nor the seller shall be held liable for non-delivery to any high bidder of any item. If payment has been made the high bidder shall receive a refund for the sum paid. This guarantee of refund shall be null and void if high bidder fails to remove item before the last day of announced pickup/removal times. In no event shall Sold4U Auctions be liable to any bidder for any act or omission occurring in connection with the auction for an amount that exceeds the amount that such bidder has actually paid to Sold4U Auctions, as a deposit or as payment for a purchased item.
  7. Item Offerings and Removals: Sold4U Auctions according to its discretion may offer items by the piece or by the lot. It also may intersperse the auction with items from various sellers. The seller, with the consent of Sold4U Auctions, has the right to remove items from the auction before or after bidding is completed. In the event of removal after bidding is complete, the high bidders sole remedy shall be the refund of the amount actually paid if payment has been made.
  8. Auction Participation and Compliance with Terms: By participating in an auction, bidders represent, irrefutably warrant and covenant that:-They shall not misrepresent their ability to close the transaction pursuant to the terms and conditions of the auction.-They have the capacity to close the transaction and that any bid they make on the item constitutes an irrevocable offer to buy the item for the full amount of the bid plus 13% buyer's premium and applicable taxes-They have the legal authority to enter into an agreement to purchase the item-They shall forfeit all deposits or otherwise pay as liquidation damages all monies paid if payment is not made in full by the time specified.
  9. Auction Participation and Bidding Errors: Immediate notification is required if a mistake is made in bidding. Bidders may still be held responsible for the bid.
  10. Sold4U Auctions as Agent Only: Sold4U Auctions is acting only as an agent, and is not responsible for the action of the principals.
  11. Item Removal from Auction Site: Sold4U Auctions will announce the removal or "check-out" period for each auction on that auctions online site. Online auctions will have the details posted on the auction event page. Sold4U Auctions will assume no responsibility for any part of item removal. High bidders/purchasers will assume sole responsibility and risk for disassembling, disconnecting, loading and trucking all purchased items. Purchasers will repair personal property that is altered or damaged in the removal of their items.
  12. Malfunction, Shutdown, Loss of Service: The results of the auction may be rendered void if malfunction, shutdown, or temporary loss of service occurs. In such an event, Sold4U Auctions reserves the right to remedy the situation in whichever way best represents the seller, including the cancellation of existing bids. Sold4U Auctions shall not be held liable in any way for any malfunctions, shutdowns, or loss of service.
  13. Auction Closing, Payment and Pickup: Each auction has its own ending time listed on that auction's site and in advertisements. Auctions end automatically at this time unless the two minute extended bidding is in effect. Notification/invoices will be sent to winning bidders. In the event that you have not received your notification/invoice by the afternoon of the day following the closing of the auction, please contact Sold4U Auctions at 715-723-7355. High bidders/purchasers are expected to make arrangement for removal, riggers etc so that they can conform to the pickup days allotted. Methods of payment include: Cash, Cashier's Checks, Money orders (payable to Sold4U Auctions), PayPal and credit or debit cards (3% Fee). Payment is made by PayPal the day before pickup or by guaranteed funds at the auction site when picking up. All high bids are subject to applicable sales tax. A 13% buyers fee will apply to all purchases. For resellers or tax exempt, provide a copy of your state exemption certificate.
  14. Indemnification and Acceptance of Auction Terms by Bidders: Purchaser and Bidders agree to indemnify and hold harmless both the seller and Sold4U Auctions from and against all claims and liabilities resulting from online auction, including but not limited to: proximate or consequential damages, failure to comply with local, state, or federal laws, and cost of legal expenses arising there from. No person shall have any claim against Sold4U Auctions, their respective agents or employees for any injuries sustained or damages to or loss of property that may occur at the auction site.
These Terms and Conditions, and all questions with respect to the interpretation of these conditions, shall be governed by and construed in accordance with the internal laws of the State of Wisconsin, without regard to conflict of law's provisions. All bidders expressly consent to personal and exclusive jurisdiction in the courts of the State of Wisconsin located in Chippewa County. In bidding, you consent to agreeing with all the Terms and Conditions stated above and any auction specific terms posted on each auctions event page and/or terms emailed to you and or terms posted on Sold4UAuctions.com.

BY REGISTERING FOR THIS SITE, YOU STATE THAT YOU HAVE READ THE BIDDER CONTRACT AND HEREBY AGREE TO THE ABOVE TERMS AND CONDITIONS OF AUCTION.
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