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 Post subject: Auction Rules
PostPosted: Wed Mar 07, 2018 9:51 am 
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Joined: Sat Nov 09, 2013 8:35 pm
Posts: 1
What I don't understand is in the auction description it says, items should be inspected by buyer before bidding. How is that possible on an online auction? Another good one is that all items need to be picked up by a certain time. How is that possible if there is no address to pick them up? Can the auctioneer pick any amount to charge as a premium?


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 Post subject: Re: Auction Rules
PostPosted: Mon Mar 12, 2018 1:58 pm 
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Joined: Sun Sep 16, 2007 5:54 am
Posts: 271
Location: New York state
Good questions, Gary and thank you for asking!

You would not believe how many people do not read the Terms and Conditions before bidding on things. Further, many do not realize that AuctionZip has nothing to do with running any of the actual auctions. AZ is simply the venue, which individual auctioneers pay to host their auctions on the internet.

Indeed, items should be inspected if you are seriously wanting to bid on them. Unfortunately it's up to you to indeed look them over. You can ask for a condition report but you are at a disadvantage if you simply cannot personally inspect the merchandise. Bid accordingly. Online auctions can be aggravating - sometimes an auction will post only one photo, or photos that are hard to see, too dark to really show details etc. and only a few words for a "description." This is doing a serious disservice to the consignor, because bidders who can't tell condition will not bid as much as they might have otherwise.

Re a pickup location,certainly that should be specified. You should at least be able to find the main address on the first page of the catalog, and failing that, Google search the auction name as they may have their own website.

Re the buyer premium, yes an auctioneer can set any amount s/he wants as the BP. Usually they will use what their normal non-internet auction BP is, and then add a % that will cover their costs of using the online bidding service (AuctionZip or another venue).

Overall - the answer to ALL the above -- pick up the telephone and call the auction house and ASK.
Good luck!! and thanks for the good questions.


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