Name Somerset - New Furniture Auction - Ends Jan. 18th 6:00 PM ES
Auctioneer Interstate Auction & Realty
Type Online-Only Auction
Date(s) 1/8/2018 - 1/18/2018
Internet Only Auction Bidding Ends Thursday, Jan 18th at 6:00 PM EST
Preview Date/Time 10:00-5:30 PM - Monday through Friday.
Checkout Date/Time Credit cards for Internet purchases will be processed on Friday at 5:30 PM. If you would like to pay with cash or check, please do so before 5:30 on Friday.
Location 430 S. Hwy 27
Somerset, KY 42501
Buyer Premium Internet Auction BP 13%
Description
To bid in this auction you should do the following before the auction closes on Thursday. 1.) Register to bid. At the top of your screen you will see a button labeled "Login/New Bidder". You will need to click this and fill out the basic information to create your new account or login to your existing account. If you have bid with us in the past and have forgotten your Username or Password, you can reset them from there. There is no charge to register and bid, you only pay if you win an item. The credit card on file will be validated by our software company. This means they will put a "hold" on your credit card for $1 and then reverse that charge within 24 hours. This ensures the card is valid and that you are bidding against only other valid bidders. 2.) Preview the entire catalog early and often. New items are added to the catalog as they come in to the warehouse and can sometimes fall on different pages depending on where they are placed in the building. It isn't unusual for new items to be added just minutes before the auction begins. 3.) Pick the items you would like to bid on and PRE-BID with realistic numbers. We can not stress this enough. Items can be lost in the final seconds due to last second bids, Internet outages, power or site failures. The computer will bid on your behalf up to your maximum amount if some else places a bid. EXAMPLE A.) You place a bid of $100 for an item. Someone else bids $50 and nobody else bids, you win your item for $55. EXAMPLE B.) You place a bid of $100 for an item. Someone else bids $100 and nobody else bids, you will still win your item at $100 because it is the first bid. EXAMPLE C.) You place a bid of $100 for an item. Someone else bids $110 in the final seconds. Bidding extends 2 minutes and you will only have 2 minutes total to bid again. 4.) PLEASE READ the terms and conditions. All bidders are bound by the same terms and conditions for this auction included payment options, pickup times and other things important to the auction. Most questions will be answered on our website, but if you have one that isn't you can click the "Feedback" button at the bottom of your screen and we will help you. 5.) Have fun and save money! Interstate Auction & Realty has revolutionized the way new furniture is being sold with our Internet Platform. Do not under estimate how much money you can save. We have buyers every week from several hundred miles away who cannot believe the savings!
10% Buyers premium will apply to all purchases, any item paid by credit or debit card will be charged a 3% convenience charge. Kentucky sales tax applies to all transactions. If you plan on using a tax exempt form it must be for resell of items and PREAPPROVED by our office prior to placing any bids. All items are sold AS-IS, where is. No warranties or guarantees are expressed or implied by the auction company or furniture store. Every item in this auction is available for live preview and we encourage you to LOOK BEFORE YOU BID. We do our best to give accurate descriptions of items, but it is up to the buyer to determine size and condition of items. An online bid is an obligation to purchase. ABSOLUTELY NO REFUNDS will be given for items in this auction as all sales are final. Items must be picked up in the allotted pickup time frame to allow the furniture store to begin restocking. No delivery options will be offered. Interstate Auction & Realty uses a third party software software for internet only auctions. The auction company nor the software provider will be responsible for any interruption in service, errors, caused by any means including power failures or website outages. This auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in its sole discretion, may void a sale, suspend bidding and re-sell any item/lots that were affected by any malfunction. The decision of the Auctioneer is final as is the case in a live auction. As a Bidder you are responsible for any bids placed under your bidding number and password. The security of your Bidder information is your sole responsibility as you, the Bidder, will be responsible for any and all bids placed under your number. If at any time you feel that your bidder number and password have been compromised due to lack of security on your part you must notify Auctioneer prior to the close of bidding.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 29.00 1.00 USD
29.01 - 95.00 5.00 USD
95.01 - 490.00 10.00 USD
490.01 - 975.00 25.00 USD
975.01 - 9,750.00 50.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Internet Auction BP 13%
Payment Terms
If you wish to pay cash or check you must notify us in the "NOTES TO AUCTIONEER" section when you register to bid. That is the only way the auction clerks will see your request. All credit cards will be processed on Thursday and Friday.
IMPORTANT NOTICE: You must bring loading assitance, proper hauling equipment including correct size trucks and trailers, tie downs, furniture pads and anything you will need to transport your furniture safely. The auction company is not responsible for loading of merchadise. We do not arrange shipping for items in this auction/ Pickup times are Friday and Saturday from 10:00-4:00 PM. If you can not get your items on these days we will also be there Monday and Tuesday from 10:00-5:30 for pickup. Remember, loading is the responsibilty of the buyers, we will assist when possible but have limited resources on hand.