Thursday, May 25, 2023
Theurer Auction/Realty, LLC
ONLINE PERSONAL PROPERTY AUCTION TERMS AND CONDITIONS IMPORTANT POINTS FOR THIS AUCTION PREVIEW – At Theurer Auction/Realty Office, 1101 E 16th, Wellington AUCTION END – Thursday, May 25, 2023, 4:00 pm PICKUP – By Appointment FEES –Buyer’s Premium: 10% GENERAL INFORMATION G1 - Please read the terms carefully as they are a legal binding contract between you and Theurer Auction/Realty. To register and bid in this auction you must agree to these terms and are bound by them as a bidder. All disputes will be settled by arbitration in Sumner County, Kansas. G2 - All items are sold AS IS, WHERE IS, with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the items and bid accordingly. All items must be considered used or previously owned property even if labeled as new in box. We cannot guarantee the item will be in full retail condition. Place your bids accordingly and read all descriptions and Terms prior to placing your bids. No refunds will be issued for any reason. G3 - Items may appear to be grouped in a photo, or equipment may be joined for demonstration purposes. Do not assume a lot consists of more than one item simply because they are connected or pictured together. Please inspect the written information and read the descriptions carefully. You are bidding on the described item not the photograph. Occasionally the wrong photo may be displayed. Contact our office if you are unclear as to what is included in a lot. G4 - If you bid on the wrong item or decide an item is not suited for you, our clients are not willing to assume the cost of your mistakes. You cannot remove or lower a bid. When in doubt about condition, completeness, or suitability for intended use, ask before you bid. No bids will be removed once they have been placed. G5 - Due diligence is the responsibility of the Bidder/Buyer. All sales are final – no credit card chargebacks will be allowed. Buyers assume complete responsibility for care of each purchase at time of sale – that is when the bidding ends on our website and you are the high bidder. G6 - We reserve the right to refuse service to anyone. G7 - The most recent correspondence with buyers via email or our website take precedence over written material and any prior verbal statements. G8 - The auction company is not responsible for accidents, thefts, errors or omissions. G9 - The auctioneer reserves the right to add or remove items from the auction, to split or combine lots, to add minimum bids or reserve prices, to cancel, suspend, extend or reschedule an individual item and/or auction event, or to make changes to the auction closing, inspection, or removal times. G10 - BUYERS PREMIUM: A buyer’s premium will be added to each purchase. Buyer’s premium is 10% unless stated otherwise. If you bid $100, at checkout you will be charged $115. Each and every time you place a bid, you are required to confirm and agree to the bid. AUCTION INFORMATION A1 - AUCTION CLOSING: The closing time of this auction will be listed within the auction information page of our website. Once bidding closes, items you have won become your responsibility – make note of closing times! A2 - Our auctions feature EXTENDED BIDDING. Bidding will extend on group of 10 lots for THREE minutes past the closing time if a bid has been placed on ANY lot within the last THREE minutes of the auction. That lot will remain open until there are no bids on that item during the extended time. This only affects lots with last minute bids. Any lot not bid on in the last three minutes will close as scheduled. Once the timer runs out, the lot will close. If you are unsure how much time is left to bid on an item, you can check the countdown timer for the lot you are interested in. Extending the end time for an item does not change the end time of the following item, so lots may end out of sequence. There are occasions when we use Extend all bidding in an auction. In this case, ALL OR MULTIPLE lots are extended if a bid is placed in the last three minutes of the auction. A3 – Some of our auctions feature STAGGERED ENDINGS. This means that our system will only attempt to close a certain number of lots at one time. If we say an auction closes at 12:30 p.m. that means 12:30 p.m. is the first time the system will attempt to close lots. Due to staggered endings and extended bidding, auctions rarely end completely at the scheduled end time. A4 – This auction also features MAXIMUM BIDDING. When you place your MAX BID, the current bid price does not automatically go to your max bid. Someone else must bid to increase the current price and the computer will automatically bid up to your max in the increments specified. If someone has already entered a MAX BID on an item you are bidding on, the system will automatically bid for you until you are the current high Bidder, or you reach your MAX BID. If you have reached your MAX BID and are still not the current high Bidder, the system will give you the opportunity to enter another MAX BID. You will receive outbid notices via email, but you can also choose to have them sent to your cell phone via text message. If you are not able to be around a computer/mobile device during the closing of the auction or receive and/or read your outbid notices, we HIGHLY RECOMMEND you enter your MAX BID when bidding. Please remember, you can always raise your max bid, but you CANNOT lower it. Be aware of this while bidding. If you have any questions, please call us at 620.326.7315. A5 - Bids will be placed in the order that they are received. If 2 buyers enter a max bid of the same dollar amount, the buyer who entered his/her max FIRST will be the bidder that is in at that price. If you bid a certain amount and see that the bid is indeed that amount, but you are not the 'Winning Bidder', that means that someone else had a max bid of that same amount and so their bid was placed into the system ahead of yours. The best way to know if you are outbid is to check your email as you should get an email every time you are outbid. A6 - You will receive outbid notices via email. When registering for your online bidding account, you can choose to have them sent to your cell phone via text message as well. If you are not able to be around a computer/ mobile device during the closing of the auction or receive and/or read your outbid notices, we HIGHLY RECOMMEND you utilize the max bidding feature. Please remember, you can always raise your max bid, but you CANNOT lower it. A7 – Theurer Auction/Realty, LLC, is not responsible for internet malfunctions, loss of connection or system glitches that may prevent you from placing last minute bids or receiving notices from our company. Don’t wait until the last minute to bid; if the system is busy, your bids may not process within the last seconds of an auction closing. A8 - Email Responsibility: In order to register to bid in any online auction, you must have a valid email address. It is YOUR responsibility to ensure that your particular server accepts emails from our server. We use email as our primary method of communication and you will not receive any other method of bidding, registering, or invoice confirmation from our office, so make sure your emails are working. ALWAYS contact our office if you are not receiving proper emails from our company – we can help troubleshoot, but your server may not receive emails as consistently as others. A9 - Your Bidding Profile: When you register to bid with Theurer Auction/Realty, LLC, and MarkNet Alliance, you must create a bidding profile. This profile contains your personal information – you can always view and edit your profile by logging into our website. It is your responsibility to ensure that all the information on that profile is VALID and CURRENT. We rely on that information to contact you and process payment. Address, Phone, Billing and Email information are particularly important! We are not responsible for emails being delivered to your Junk/Spam folder, or for your email address being wrong in our system. If you need help logging in or resetting information in your profile, contact our office. A10 - Viewing Past Auctions, Winning Bids & Invoices: You can always view past auctions, winning bids and invoices through our website. To view past auctions, click on the auction results tab at the bottom of the home page. Within any past auction, you can always see the high bid and bidder by viewing the individual lot information. If you log into your profile, you can click the invoices tab to view all your past invoices from Theurer Auction/Realty, LLC. This is a great resource if your invoice email did not come through! You can also click on MY ITEMS and view all the individual items you have ever won through our website. PAYMENT P1 – All accounts must be settled by the conclusion of the auction Pickup unless specifically outlined otherwise. For payment of vehicles, we only accept Cash, Cashier’s Check, Bank Wire or in-state personal check (PHOTO ID REQUIRED). No out of state checks will be accepted. Payment must be made prior to loading items. Each transaction necessary to collect insufficient funds will have a $30 fee imposed. P2 - NO refunds will be given. P3 - Theurer Auction/Realty, LLC, will charge Purchase Price, Buyer’s Premium, any hauling/handling charges, and applicable taxes, that you submit at time of registration up to $1500, if payment has not been received by the end of Pickup. P4 - If purchases are not settled within 2 business days of the close of the auction, they are considered in default. Upon default, the Bidder will be blacklisted on Theurer Auction/Realty, LLC, as well as MarkNet auctions until purchases are settled. The Bidder will be charged 25% of bid price or $500, whichever is greater, and the merchandise will be forfeited back to Theurer Auction/Realty, LLC. P5 - Payment must be m...
1101 E 16th St, Wellington, KS US