Terms and Conditions
Once You have registered and have been approved by the auction house you will be bound by these terms and conditions:
Prospective bidders / buyers are invited and advised to view the goods or property offered on auction one day prior to the auction.
All prospective Bidders / Buyers must register prior to the Auction and such registration requires proof of identity and residence (FICA). A refundable deposit may be payable by Debit / Credit card or electronic fund transfer (EFT) the deposit amount varies from Auction to Auction If Required. On registration every bidder understands and agrees to the conditions of sale and will be issued with a buyer’s number.
Paying and Collecting your Purchase
After the Auction is Closed your Invoice will be send to you for Payment. After payment is made and the Money is Reflecting in Our Account, you will be allowed to collect your purchase.
Conditions Of Sale
- Buyers Commission is Charged at 15% of the Hammer Price.
- Bid of R100 + Commission (15%) = R115 Payable in Total.
- All Invoices Must be paid in full within 48Hrs after receiving your Invoice.
- The highest accepted bidder shall be the purchaser.
- The onus is on the bidder to make themselves aware of the condition of the lots they are bidding on as all goods are sold “Voetstoots” and “As Is” and are therefore non-refundable on any grounds.
- Certain Lots described may note some damage or defects, however the absence of such information doesn’t imply that there is no damage or defects.
- The Auctioneer has the right to regulate the bidding. He may furthermore withdraw any item at any time.
- The Auctioneer does not hold himself responsible for any errors in description.
- All goods are sold as is, without warranties.
- Lots once knocked down remain at risk of the purchaser.
- If the Highest bid is lower than the reserve price, the lot will not be sold and may be withdrawn by the Auctioneer.
- No goods may be removed until paid for in full.
- Terms: EFT, Direct cash deposit, Credit or Debit card. No cash or cheques will be accepted. Cash handling fee of 1.5% will apply for direct cash deposits and 2.5% for credit or debit cards. No bank charges will apply for EFT payments.
- Some Auctions may require a deposit to register. In case there was no purchase, the deposit will be refunded in the following day after the Auction takes place. Bids from unregistered bidders cannot be accepted.
- All bids are exclusive of buyers commission and VAT (Only Where Mentioned and applicable).
- All sales are final.
- The Auctioneer reserves the right to bid on behalf of third parties, vendors & absentee bidders. In case of a reserve price, the Auctioneer reserves the right to allow a vendor to bid , until the reserve price is reached.
- Any buyer or BUYERS, who defaults in terms of payment, will forfeit their deposit if applicable and will be banned from attending further auctions within our network and will be liable to pay for legal charges, to recover all incurred costs. Therefore please do not bid if you do not have the funds.