Policy Statement, Bidding Protocol and Terms for the Event
Policy Statement, Bidding Protocol and Terms
for the Event
Tiger Auctioneering (WA Lic# 2730 ID#210) Member National Auctioneer's Association
& the BBB
We strongly discourage a reserve, but may agree to one if it is well below fair market value on exceptional pieces. In the absence of a No Reserve/Absolute Auction stipulation, it is the Auctioneer's duty; in fact obligation by law to protect the Seller and reject any bid that is deemed a virtual sacrifice of the Seller's property. Therefore, in order to reach a fair wholesale price or reserve the Auctioneer may start the bidding on behalf of the Seller.
We want Buyers to get great deals, but the
Seller has to feel the auction is beneficial also, or we soon have no quality
items to sell. It is our aim at every auction to treat both Sellers and Buyers
fairly. We sincerely hope you can appreciate that fact and respect what we
try to do. Some of you have, are, or will be consigning items to auction as
clients. Our first obligation is to you legally and ethically, and that benefits
everyone.
The Owner/Seller or executor of consigned property may also legally bid on
his or her property, but not above a reserve. Bids by the Seller over a reserved
price will be ignored. The Seller may not employ a third party to bid unless
the Auctioneer is notified and the same rule applied.
In case of a tie bid, the bidding will be re-opened between the two tied bidders only.
The auction crew may be seeing the items for the first time and in fairness to them and the Seller, they are permitted to bid on up to 5 items. They pay for what they buy just like everyone else. We allow Proxy bidding and Sealed Bids are accepted on up to 5 items. The clerk will do the sealed bidding. The word sold is not final, sold out is.
Please show your number each time you have the winning bid, even if we know it. We accept personal checks, business checks, Visa, Master Card and Discover. If you need to make special arrangements or need extra time, please tell the cashier.
We are not charging a buyer's premium. All items are sold as is, where is, unless the auctioneer specifically guarantees an item. The new owner assumes all responsibility. All merchandise must be moved from the facility by the following Monday, unless arrangements are made. Buyer's may remove their items from the building during the auction we trust your honor to settle with the cashier.
(Statements made on auction day supersedes all printed, website or media material)
In case of a dispute, all our auctions are
recorded so pay the amount on the clerking ticket. We will review the recording
with you later to resolve the question. Most mistakes are made because our
number one rule is broken, so please do not converse with the clerk at any
time.
Member National Auctioneers Association & Better Business Bureau