Massive Business Liquidation - by the Pallet 2 - Big Liquidation Auctions: Estate Sales & Collectibles

Massive Business Liquidation - by the Pallet 2

It's Called Survival Auction

Days

Hours

Minutes

Seconds

Auctioneer

Big Orange Liquidation

Auction Type

Online-Only Auction

Start Date

09/11/2022 12:00 pm

End Date

09/16/2022 12:00 pm

Location

154 Frog Level RD gray, tn 37615

Auctioneer’s Note

Auction Terms & Conditions The auction is presented by Big Orange Liquidations. Our auction holds events on various websites including Hibid.com, Liveauctioneers.com, Invaluable.com, and many others. Each site has its own rules for doing business.

Bidders: Any person registering or participating in any way agrees to be bound by and accept these terms and conditions. All bidders must meet the auctioneer’s qualifications to be allowed to bid. Any bidder not in good standing with the auctioneer may be barred from bidding or disqualified at the Auctioneers’ Sole and Limitless discretion. At any live auction a bidder can be barred from attending at any time and asked to leave the premises. Formal action may be taken by the auctioneer before, during, or even after the auction. If a bidder is registered as an entity the person doing the bidding on behalf of the entity agrees to personally guarantee the payment for lots won.

Buyers Premium: All bids are subject to a buyer’s premium that is in addition to any successful bid. Buyers Premium in general will be stated in the details of each auction. The standard buyer’s premium is 15% for all general merchandise with no minimum.

Hibid Terms: All items are sold in “As Is” condition. Neither the consignor nor the auction company warrants the authenticity or physical condition of any item. We take our time and try to note any and every important aspect of all items. Preview is on an item basis only for lots with a perceived value of above $100. To schedule, a preview bidder must call before 48 hours of the auction start.

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 – 95.00	5.00 USD
95.01 – 975.00	25.00 USD
975.01 – 9,750.00	250.00 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	buyers premium is 15%
Payment Terms	Currency- USD Buyer Premium- BP 15% Payment Terms- Credit cards are charged soon after the end of the auction. This includes the price of items plus 15% buyer’s premium and 7% TN sales tax. Cards are accepted when you register for the auction. We also accept better barter as a form of payment. If you are intending to pay with better barter you must let us know at registration of the action.

We recommend you place your Max Bid if you cannot watch live and allow the computer to bid on your behalf. Bids start at just $20 and follow an increment schedule. This is a soft close auction, which means that if someone bids during the last 2 minutes the lot extends for 2 more minutes. This auction is pick up only.

This is a Live In-House & Online auction! No electrical equipment has been tested. Everything is bought as is. Please review all terms conditions and descriptions before placing your bid. We accept cards and better barter as a form of payment. If you intend on using better barter as payment then let us know in registration notes and contact us through better barter to set up payment arrangements. If you are Tax Exempt then please leave your number in the notes and be prepared to fax or bring in your papers. See terms and conditions for more information! Show Less

Frequently asked questions

Set your favorite Elementor FAQ style to help users get the exact information.

What is "Subject to Owner Confirmation"?

Many times, we will attempt to sell the real estate that is associated with the auction. The owner has the right to accept or reject the high bid. This is called “Subject to Owner Confirmation.” If the property sells, the auctioneer receives the buyer's premium. If the property does not sell, there is no obligation to the auctioneer.

Does the owner have any obligations?

The owner should provide clear title to the assets being sold, access to the property (usually for a period of 60 to 90 days), and provide all utilities until the building/property is vacated.

What are the auctioneer's responsibilities?

To properly clean, set up and organize the equipment, advertise the auction, conduct the auction and supervise the removal of goods after the auction.

Once an agreement is reached, how long will the whole process take?

It usually takes 6 to 8 weeks to do everything necessary to conduct a good auction. This is from the time we start until the building is broom clean. There are always exceptions. We have been able to conduct auctions in as little as 10 days; however, this can sometimes affect the outcome.

What if there’s bad weather on the day of the auction?

Auctions take place when scheduled. Keep this in mind when you are trying to decide what type of auction to have. Weather and competing auctions can have a negative effect on auction results. You can take none of the risk, some of the risk or all of the risk.

What happens at an auction?

All auctions are advertised extensively by direct mail, newspaper ads, trade publications and email. Our e-mail list includes thousands of potential buyers from all over the world. Many people download information from our web site. This results in excellent on-site and online auction attendance.

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