How To Buy
Bidding is Easy
All Bidding takes place over the internet.
You can bid automatically or take part in the real-time auction
from your computer. To ensure complete fairness in the bidding
process, Hodgins Online Auctions does not allow its agents,
vendors or employees to bid on the equipment during an auction.
We make every effort to prevent sellers from bidding on their
own equipment.
Prior to an auction, you may preview the
items online. If you can’t be online at the time of
the auction, you may submit an advance bid anytime during
the preview.
An Advance Bid instructs our system to automatically
bid on your behalf, up to the highest price that you are willing
to pay. To place an Advance Bid during the preview period,
you will need to specify your maximum bid amount. The Hodgins
Online Auction system only uses as much of your maximum bid
amount as necessary to keep you in the position of highest
bidder. Your maximum bid amount is never revealed to the other
bidders.
Our bidding process allows you to win an
auction at a price less than your maximum amount while providing
the flexibility of not having to monitor the auction every
minute. Remember that you can increase your bid or your maximum
bid amount at any time before the auction closes but you cannot
reduce your bid or your maximum bid amount at any time.
Guaranteed Inspection
Reports
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Virtually all items
will have a thorough detailed description and photo
gallery to view. Many items also carry a “Guaranteed
Inspection Report” which means the items have
been through a detailed inspection process.
We guarantee our buyers that what
they see in the inspection report is what they get when
they recieve the equipment. Watch for the Gold Metal
Assurance symbol indicating this guarantee. |
Our Service
We manage all steps of the payment process
for both the buyers and sellers. On request, we can offer
assistance through our third party suppliers for your financing
and/or transportation needs.
Hodgins Online Auctions requires that, within
three (3) days of purchasing an item, you must submit the
full purchase price, plus all applicable taxes, and the transaction
fee (as described in Buyer Fees).
After you successfully bid on an item, Hodgins
Online Auctions will give you further instructions about how
to submit your payment. Depending upon where you live, payment
can be made by wire transfer, certified cheque or bank draft.
When full payment from the buyer has been
posted to our bank account, Hodgins will notify both the buyer
and seller that the money has been deposited. The buyer will
then be provided with the location of the equipment. It is
the buyer's responsibility to make arrangements for transport
of the equipment. Once that has occurred, the seller must
release the equipment for shipment or pick-up. Once the item
reaches the buyer and is accepted (or once the buyer is deemed
to have received the item), Hodgins Online Auctions will authorize
the release of funds to the seller.
Buyer Costs
All potential bidders must register to bid
at Hodgins Online Auctions. There is no cost to register,
and for bidders known to Hodgins Online Auctions, there is
no deposit requirement to bid. Successful bidders will be
charged, in addition to the purchase price and all applicable
taxes, a transaction fee on each purchase made at a Hodgins
Online Auctions. [See Buyer Fees]
1. Register To Bid
All bidders at Hodgins Online Auctions must
be registered and qualified to bid. Simply click on the “Sign
Up Now” icon and you will be guided through the registration
process. Bidders known to Hodgins Auctioneers and who have
demonstrated their financial ability to complete full and
timely payments for all purchases may be pre-qualified. Hodgins
Online Auctions may ask others to provide financial information
or deposits.
2. Know the Terms, Conditions and
Costs to Buyers
If you have not done so, please review thoroughly
our Terms and Conditions. Please note that all Buyers must
pay a transaction fee on all purchases in addition to the
purchase price and all applicable taxes. Default penalties
will be charged to all defaulting Buyers. Our Terms and Conditions
can be found at http://www.hodginsauctioneers.com/termsandconditions.html.
Buyer Fee information can be found at http://www.hodginsauctioneers.com/paymentsandfees.html.
3. Review Photos, Descriptions and Inspection
Reports
Please review all provided information thoroughly.
Hodgins Online Auctions will provide the most accurate and
detailed information possible. It is up to you to review and
be familiar with all supplied information.
4. Click to Bid
Just follow the easy instruction on bidding,
remembering that you can bid in real-time yourself or by using
the auto bid feature.
5. Payment
Send your payments in a timely manner
as outlined in “Payments” found at http://www.hodginsauctioneers.com/epaymentsandfees.html.
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