No Reserve! Ironworker and Sweeper Broom

Sum Company Consignment Auctions

Sum Company Consignment Auctions

Auction Location: 22352 295th Ave, Henderson, MN 56044

Phone: 952-463-6590

Lot Categories: Metal Fabrication (1), Construction Equipment (1)

Auction Closed
03/08/2017 08:05 pm

Closed



Showing 1 to 2 of 2 items

Current Bid: $3,776.00
Next Required Bid: $3,851.00
High Bidder: #219717
Began Closing:
Wednesday 03/08/2017
08:05 pm CDT

Lot is Closed

 
Current Bid: $600.00
Next Required Bid: $650.00
High Bidder: #76677
Began Closing:
Wednesday 03/08/2017
08:06 pm CDT

Lot is Closed

 


Auction Details:

No Reserve, Dvorak Ironworker in operating condition and Sweeper Broom.

Inspection and Pickup are by appointment only for this particular auction by calling 952.463.6590

 

Inspection and Pickup by appointment only for this particular auction by calling 952.463.6590

 

Inspection

Auction Closing:

Wed, Mar 08, 2017
08:05 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Discounted Buyer's PremiumRegular Buyer's PremiumCap
10.00% 13.00%$3,250.00


This auction is contracted and managed by: Sum Company Consignment Auctions

Manager: Martin Preusser


This auction is contracted and managed by Sum Company Consignment Auctions.

Payment Types Accepted:  

We accept Cash, Visa, MasterCard,  Wire Transfer, Business Checks, Cashiers Check, No Personal Checks.               Certified Funds Required for all invoices over $5,000.00).

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Please be advised of the following: Bidders must be over age 18. Everything is sold “as is, where is” with no guarantees or warranties. Bidders are responsible for inspecting items prior to purchase to determine condition, age, genuineness, value or other determinative factor.  Every effort is made to describe the auction item(s) of a lot to the best of our knowledge.

There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP).

Applicable Sales Tax will be collected.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

 

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.     K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.   By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.   In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion K-BID reserves the right to delete any bid we believe has been place by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until user is verified . K-BID Online, Inc reserves the right to disallow anybody from bidding on its web site. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.   Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.    Once an auction begins its closing process, outbid notifications will not be sent.

 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.



22352 295th Ave
Henderson
MN, 56044


Phone: 952-463-6590

  If an item needs to be shipped, call us before bidding, a pallet fee per lot will be charged to the buyer based on the packaging criteria needed for shipment, nothing is shipped until all invoices and shipping costs are paid in full. 

Machine on site for loading the heavy items at no charge!

Payment is expected the day of pickup, if for some reason you are unable to pickup at the scheduled time please call before bidding, we maybe able to accomodate a different pickup time for you.  DO NOT assume it will work for us unless you call prior to bidding.