0
form_title=Auction Event form_header=Hold an auction event to generate revenue for your company. Approximately, how much money do you estimate will be generated from this auction event?=_ When would you like to hold the auction event?=_ What types of items would you like to auction off? =_ How many items will be up for auction? =_
1 answer
Look in your newspaper under public notices...you will find them there.
Also look in Yellow Pages but they only list a small percentage of auction houses
You can sign up for a paid service as well, there are a few out there, there is only one that covers the whole country.
You can also find free storage auction info online.
1 answer
__________, referred to as SELLER, and __________, referred to as AUCTIONEER, agree:
SELLER employs AUCTIONEER to sell, at public auction, the property described in the attached Exhibit
Place, Date, and Time of Sale
The auction shall be held at _______________, on ______________.
Duties and Obligations of AUCTIONEER
AUCTIONEER shall carry out the following duties:
(a) AUCTIONEER shall have a catalog of sellers property and shall distribute the catalog no fewer than 14 days before the auction and the catalog shall be in a manner which will interest all persons who might reasonably be interested in such sale and in the sales thereof.
(b) Auctioneer shall cause the auction be advertised in the _________________ Newspaper no fewer than 3 times and at least 15 days before the sale.
(c) SELLER shall deliver to the auctioneer the items for sale no later than 7 days before the sale, and seller shall bear all risk of loss of or damage to the property not caused by the auctioneers fault or negligence or as the case may be.
(d) AUCTIONEER shall employ help reasonably necessary to carry out the sale and delivery of sellers property to buyers of such property at the auction sale.
(e) AUCTIONEER shall represent and conduct the action sale as an auction with reserve.
(f) AUCTIONEER shall conduct the auction to the best of his or her ability. However the auctioneer does not guarantee a sale and auctioneer is not responsible in the event seller and or any buyer at the auction sale fails to pay as agreed concerning any property to be auctioned, or in the event of nondelivery of property by seller to any such buyer.
(g) AUCTIONEER shall collect from each buyer at the auction sale 10% percent of the purchase price immediately after the sale is consummated, and shall have each buyer sign a memorandum of sale.
(h) AUCTIONEER shall purchase all risk for sellers property after delivery by seller to the place of sale. SELLER shall notify the auctioneer, in writing, of the property to be insured, and for negotiating any settlement, payment, cancellation, or reformation with the insurer.
(i) At the completion of the sale the auctioneer will provide the seller a list of sellers property sold and unsold, along with the sale price. SELLER shall have 7 days after receiving notice of the unsold property. If seller, does not pick up the unsold property with 5 days the AUCTIONEER shall store the property at the sellers expense.
Authority of AUCTIONEER
AUCTIONEER may sign any memorandum of sale and receive any deposit from any buyer on behalf of the seller in connection with the sale.
AUCTIONEER is prohibited from giving any warranty as to quality or description of sellers property.
Purpose
AUCTIONEER accepts the terms of this agreement and will perform the auction sale to the best of his or her ability.
Authority of SELLER
(a) SELLER may withdraw any property before the time of sale. Property withdrawn will be subject to unsold commission.
(b) SELLER may warranty his property as quality or description as may the seller deem appropriate.
(c) Payment for property can only made with cash, cashiers or certified check, credit card or by letter of credit from a bank which is reasonably acceptable to SELLER.
(e) SELLER may reject or confirm bids, except that sellers property shall be sold to the highest bidder, subject to the terms of this agreement.
(f) SELLER may require auctioneer to resubmit sellers property to competitive bidding if a dispute arises to any bid.
Cooperation of SELLER
SELLER shall cooperate with the interests of auctioneer in discharging sellers duties under this agreement, and shall refrain from all acts that would interfere with auctioneer in performing the auctioneers duties.
Compensation of AUCTIONEER
AUCTIONEER shall receive ___ on property sold and ___ percent on unsold property. The seller shall pay the auctioneer within 3 days after the sale with cash or certified check.
Expenses
SELLER shall be liable for the following expenses:
(a) Catalogs
(b) Advertising
(c) Delivery of Property to AUCTIONEER
(d) Insurance for sellers property
Entire Agreement
This constitutes the entire agreement between the parties and any prior understanding or agreement before the signing of this document shall not be binding on either party except what is incorporated in this agreement.
Modification of Agreement
Any modification of this agreement shall be in writing and signed by both parties.
Assignment of Rights
The rights of under this agreement are personal to that party and may not be transferred to any other person, firm, corporation, or other entity without the prior express, and written consent of the other party.
Dated: _____________________________
________________________________________
SELLER
________________________________________
AUCTIONEER
Auctioneer AgreementReview List
This review list is provided to inform you about this document in question and assist you in its preparation. This is a standard Auctioneer agreement that can be used for these purposes.
1. Make multiple copies. Give one to each signatory. Keep one with the transaction file.
1 answer
we had auction for thing. Samson adeola rocks.
I went to an auction to try and buy a car.
I bid for a BMW at the auction but lost
Some people sell their house by auction.
2 answers
A forward auction is the "ordinary auction" we are all used to today. In a forward auction, the buyer bids on the sellers item, and the prices of the item increases during the auction. On the other hand, a reverse auction switches the roles of the buyer and the seller. In a reverse auction, the sellers are competing for the buyers business, and the prices of the items the sellers are selling decrease during the auction.
1 answer
How do I get an auto auction licence? So I can buy cars at an auction.
1 answer
States have nothing to do with an auction choosing to be a dealer only auction or a public auction. Thus there is no state that "requires" a dealer licenses to buy at an auction. This a requirement of the auction if it chooses to be dealer only.
1 answer
A reverse auction is the most common auction model for large purchases. During a reverse auction, the sellers bid to obtain business from a potential buyer.
1 answer
In Chinese auction bids take place on different commodities. Auction is a global concept.
1 answer
You are not able to purchase a home prior to auction unless the auctioneer and/or auction company has provisions with the seller to permit such a sale.
1 answer
Static auctions are not the most common auction model for larger purchases. A static auction is an auction that requires bidders to hold up paper cards. The most common auction is a reverse auction for large purchases.
1 answer
You have to be a licensed auctioneer to auction a home, look for either a local or national auction company in your area.
1 answer
One can participate in an auction using a computer by either locating an online auction site or retrieving the official website for a physical auction. Sites that allow one to partake in an auction include eBay and eBid.
1 answer
Interesting question. Here goes. A reverse auction is a type of auction in which the roles of buyers and sellers are reversed. In an ordinary auction (also known as a forward auction), buyers compete to obtain a good or service, and the price typically increases over time. In a reverse auction, sellers compete to obtain business, and prices typically decrease over time.
1 answer
Where do you get a car auction licenses in Texas
1 answer
what is the difference between an auction and a tender
1 answer
Arthur Ready Metcalfe has written:
'Complete auction bridge' -- subject- s -: Auction bridge
'Auction bridge with nullos' -- subject- s -: Auction bridge
1 answer
Auction Hunters - 2010 Auction Hunters Live 3-0 was released on:
USA: 21 March 2012
1 answer
One is able to find information about Auction Direct at several different online websites such as the following: the Auction Direct website and the Auction Direct Wikipedia page.
1 answer
Auction Hunters - 2010 Auction Hunter Shuffle 3-5 was released on:
USA: 18 April 2012
1 answer
You can't exactly end an auction yourself. You can either end it (if anybody hasn't bid on your auction yet) or when the days and hour and minutes are done or if you have GIN (Get It Now) option on your auction.
1 answer
Unfortunately, I do not have information on the specific location of Ralph Wade auction training tapes. I recommend checking online auction sites, specialty auction training websites, or contacting auction training organizations directly to inquire about availability.
1 answer
Yes Many sites have used cars for auction,Ebay has thousands of used cars for auction.
1 answer
1 answer
Here are some sentences.
We went to the auction and bought an old lamp.
He bid on the shelf at the auction but didn't win it.
1 answer
The auction house tab is default in yoville
1 answer
You can get a 1 Year Auction Pass From: http://www.seized-cars.net/ You can get a 1 Year Auction Pass From: http://www.seized-cars.net/
1 answer
