Frequently Asked Questions
It is standard practice in the auction industry to charge a buyer’s premium. A buyer’s premium is a percentage amount charged on top of the bid price. For example if you bid $100 on an item you would actually be paying $110. Remember tax is charged on the price paid for the item which includes the buyer’s premium. We typically charge a 15% buyers premium for personal property. The standard buyer’s premium for Real Estate auctions is 10%.
Under Florida Law, all purchases are subject to sales tax unless you have a valid Sales Tax Exemption Certificate. The Tax Exemption Certificate must be provided prior to payment. Sales Tax Certificates can be emailed to [email protected] and must be updated every year.
All items are sold on an “As Is, Where Is” basis with no warrantees or guarantees, expressed, implied or otherwise. This means there are no guarantees and no returns under any circumstances. The buyer is responsible for inspecting the items prior to purchase and protecting their items after purchase. Inspection is typically within a few days of the auction closing.
Our auctions are conducted online only through Proxibid.
Our auctions are available online. Through Proxibid you can put a maximum bid if you are unable to watch the auction in real time and the program will bid for you up to the maximum bid you enter.
Typically, we take payment by wire transfer, cashier’s checks and credit cards. Credit cards are processed through Proxibid with an additional processing fee. We do not take personal or business checks. Please pay attention to the terms and conditions on each sale as we do not take credit cards on vehicles or real estate. The terms and conditions on Real Estate Sales vary with each sale so please pay close attention to the requirements to bid. Please read all terms and conditions on Proxibid thoroughly. By registering through Proxibid you are agreeing to our terms and conditions. Terms and Conditions vary depending on the sale.
It is the buyer’s responsibility to arrange for the pick-up and delivery of the items bought at auction. Pick up times vary with each auction, but most items are required to be removed from the auction a day or two after the auction closes. Occasionally on bigger items we can arrange an extended pick-up time. Please read all Terms and Conditions before placing any bids.