** Valid Credit Card/Debit Card Required to Bid ** 10% Buyers Premium is in effect **
Online Only Timed Auctions General Terms
Little Bull Auction & Sales Co. is excited to bring our customers a new way to buy or sell at auction with our new Timed Online Only Auctions platform! Timed Online Only auctions are timed auctions that give our customers the ability to bid from the comfort of their home or office.HOW REGISTRATION WORKS
Our Timed Online Only auctions require a separate registration from our website. Separate registration allows us to confirm the terms for each auction with each bidder. Below are the instructions on how to register:
1. Click on the registration link in the navigation pane on the left side of your screen.
2. Fill out all of the required information. YES, a credit card is required for registration. There is no registration fee, Credit/Debit cards are just required for fund verification and after sale payment.
3. Once you have registered, you can bid on items like normal by either logging in before hand or by entering in your log in information at the bottom of your page after you have entered your bid amounts.
Timed Online Only bidding is the period of time when bidders can monitor the auctions and place live bids on items being offered. Bidders have the opportunity to place their maximum bid (the highest amount they are willing to bid at that time) on that item. Neither Little Bull Auction & Sales, nor other bidders will not be able to see the maximum bid until it has been reached. Or you can bid on each item like normal one bid at a time. Little Bull Auction & Sales Co. will not take absentee bids over the phone or via email, all bids must come through the Online bidding platform. In not accepting absentee bids, we are ensuring a fair auction by requiring each bidder to agree to the specific terms of each auction.
When a bidder is outbid an email notification will be sent to the bidder allowing another bid to be placed.
Any bid that is placed in the last five minutes of the auction will extend the auction by up to five minutes. For example, if a bid is placed at 11:55AM and the auction is scheduled to end at 12PM, the auction will be extended until 12:05PM. This will continue to extend the end time as long as bids are being placed on that piece. The auction will close 5 lots at a time each minute after the end time of the sale.
After the auction has concluded, an email notification will be sent out to the winning bidder with our contact and billing information.
All items are being sold "AS IS/WHERE IS" with no guarantee or warranty whatsoever. Any condition or description of an item is given strictly as a courtesy to our clients and is only opinion and should not be treated as fact. Little Bull Auction & Sales Co. and/or their Associate Auction Companies has no responsibility for any error or omission in descriptions, but strives to be as accurate as possible. The absence of a condition does not imply that the lot is perfect or completely free from imperfections, wear and tear, or the effects of aging however we will try to call out defects whenever possible.
It will be the buyers responsibility to remove all items without causing damage to the property in which they are stored. If you are the winning bidder, please bring all tools and assistance you will need to load out items. Assistance will not be provided on-site. Once the auction ends, the items become property of the winning bidder (buyer).
There is a 10% buyer’s premium added to each purchase. (example) If you buy and item for $100, you will be charged $110 at checkout time.
Payment will be captured from the card on file unless other arrangements are made with the Auction Company. Other Accepted forms of payment are Cash or local checks either personal or business from approved bidders.
There is an auto extension feature enabled for all of our online sales. THE WAY THIS WORKS is that at the end of an items bidding period, before it closes, it will give you x amount of time to see that you have been outbid. Auto Extension feature time is as follows:
PERSONAL PROPERTY ONLY: 5 minute auto extension
HOME AND CONTENTS: 7 minute extension
REAL ESTATE ONLY 10 minute extension.
This means, that if a bid is placed within the last x amount of minutes, you have x amount of MINUTES to see that you have been outbid. THE ITEM IS NOT EXTENDED BY THE FULL EXTENSION OF X MINUTES. For example, if bidder 04 bids on lot 104 of our PERSONAL PROPERTY ONLY auction (5 minute extension) and there’s 1 minute left before it closes, the item is extended by 4 minutes, effectively giving everyone 5 TOTAL minutes to see that they have been outbid. If bidder 04 bids on lot 104 and there’s 4 minutes left, the item will be extended by only 1 minute. Time left + time extended = auto extend feature (referred to early as x).
Each auction will have load out and pick up instructions. All items must be removed by the winning bidder. Invoices will be e-mailed the day following the close of the auction with load out instructions. Any pre-arrangement payments outside of the auto credit card capture must be made within 48 hours following the auctions or at the time of load out, whichever is sooner.
Neither the company providing the software nor Little Bull Auction or their associated auction companies will be held responsible for missed internet bids or the failure of the software to perform correctly for any reason. Please note, any announcements made the day of the sale take precedence over all other printed materials and advertising. Buyer accepts all faults of the merchandise whether known or unknown. Information given from sources is deemed reliable but not guaranteed by the Seller or Auctioneer.
The auctioneer reserves the right to make any changes to lots, remove or add items as they see fit during the auction and bidding process.
See also any and all other terms and conditions within each auction.