AUCTIONS LIQUIDATIONS FOR IMMEDIATE SALE REAL ESTATE

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FAQ


What forms of payments do you accept at your auctions?

Moecker Auctions accepts cash, Cashier’s Check, wire transfers or a company check, which must be accompanied by a Bank Letter of Guarantee.

When am I required to make payment for items that I have purchased?

All items must be paid in full by 12:00 noon the day after the auction. Failure to do so results in loss of deposit.

When do I have to remove my items that I have purchased?

The removal timeframe varies depending on the items auctioned. Removal usually takes place the following day from 9:00 AM until 4:00 PM. The removal schedule will be announced during the terms of sale at the beginning of the auction.

What are the terms of sale?

Terms of sale are discussed at the opening of the auction. The terms of sale include payment and the required 25% deposit, sales tax information, the removal of assets process, bidding rules.

When can I inspect the items?

The inventory items can be inspected the day of the auction two (1) hour prior to the actual auction beginning. In special cases, appointments can be made to view the items the day before the auction. This gives you ample opportunity to review the catalog of inventory items and select which items you wish to bid on.

Do you charge sales tax?

Yes, all sales are subject to the specific counties sales tax rate. If you are purchasing items for resale, bring a copy of your Sales Tax Certificate to each auction so that sales tax will not be charged.

What do I need to do to register as a bidder at your auction?

You will complete a bidder registration card (name, address and phone number) and bring a $100.00 deposit.

Is my $100.00 deposit refundable?

Yes. If you buy nothing, your $100.00 is refunded at the auction.

If I cannot attend the auction, how can I bid on items?

You can complete an Absentee Bid Form prior to the auction or before your lot number is auctioned and submit a 25% deposit. If you have the winning bid, you will be notified and the terms and conditions will apply. That is, you will have until the following day at 12:00 noon to remit payment in full.

Do you accept consignments at your auctions?

If you have items that are free and clear of any liens or encumbrances, Moecker Auctions will make every effort to assist you. Please email your request to auctions@moecker.com with your contact information and what items you are interested in selling. We will make every effort to work your items into our upcoming auction schedule so that there is sufficient time to market and promote your items. There are occasions when the owners of a scheduled auction do not want items added by outside consignors.

What is a Buyer’s Premium?

The Buyer’s Premium is a percentage added to the high bid which will determine the total price to be paid by the buyer. For example, if an item sells for $100.00, $10.00 (10%) will be added as the Buyer’s Premium plus the applicable sales tax.

How do I get on your mailing list?

Email or fax your requests to auctions@moecker.com or (954) 252-2791 and you will be automatically added to our mailing list.

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