Terms & Conditions
Our Auction Terms & Conditions
Auctions are a fun and exciting way to buy. Before placing your bids, please read all the Terms & Conditions posted for each auction to verify you’re able to meet special purchasing, payment, and item removal terms posted for that event. Please feel free to contact us with any additional questions you may have.
Beginning with Lot 1, lots will close in increments of three to six per minute, depending on the size of the auction, in numerical order, and until all lots have been closed. On the final day of the auction, a countdown timer will appear next to each Lot, displaying the exact number of bidding hours/minutes remaining before the Lot ends.
It’s important to refresh your screen often to get the most updated bidding information and time remaining.
If a bid is placed on an item within five minutes of its scheduled closing time, the bidding time for that lot is automatically extended by five minutes to allow all interested bidders the opportunity to continue to compete for that item.
This bidding feature places automatic bids on your behalf, up to the maximum amount that you are willing to pay for the item. Your bid is only increased when another bidder places a bid higher than your current bid. If a bidder places a bid higher than your maximum bid, you will lose your position as the winning bidder. In these instances, the system stops placing bids on your behalf, and you are required to enter a new bid if you wish to continue competing for the item.
Note: This bidding feature is an efficient tool if you are managing multiple bids.
If you are outbid on an item, you will receive an immediate Outbid Notification email. These notifications keep you updated on the status of the bids you have placed.
Please note: These notifications are sent out only until the first Lot closes. Once the first Lot closes, the system will no longer send notices. At this time, you will be responsible to manually monitor the status of your bids. You may review the status of your bids by clicking “Review Bids.”
To quickly review all your bidding activity for an auction, click “Review Bids.” This option is displayed next to the “Submit Bids” option at the bottom of each bidding page.
Please review all bids carefully before submitting them. In the event a gross bidding error is made, please contact bill@bclauction.com immediately. We will review the circumstances to see if the bid may be reversed without affecting other participant’s bids on that item.
All assets will be open to a complete examination by all interested parties during the scheduled Public Inspection. The date, time, and location of the inspection will be posted for each auction. If you are uncertain of the condition or use of an item and are not able to attend the public inspection, please bid accordingly, as all sales are final.
Invoices are emailed to all winning bidders immediately following the close of the last item in the auction. This emailed invoice will be the only notification you receive, so please check your inbox when the auction closes. The invoice will contain very important and time sensitive payment and item removal information, so please read the terms carefully.
Your credit card will automatically be charged for your purchase unless you notify Peggy (peggy@bclauction.com) by 6 AM following the close of the auction.
Please also see the Payment by Cash Requirements below.
It is very important that the credit card you register with is active and has available credit. Upon registration, our accounting department will verify your credit card. Bidders without a valid credit card on file will not be allowed to place bids. You may update your credit card on file by clicking the “Update Bidder Profile” option.
If you would like to pay your invoice by cash or company check, you must follow the steps below, or your credit card will be processed:
Step 1. Notify us that you’ll be paying by cash or company check.
You must email peggy@bclauction.com by 6 AM following the close of the auction. In the email’s subject line, please state your bidder number and the form of payment you’ll be using.
Example Subject Line: Bidder 8000 is Paying by Cash
Step 2. Bring your cash to the auction site by 12 PM on Day 1 of Item Removal.
This payment must be received at the auction site by 12 PM on the first day of item removal. If your payment is not received by this time, your credit card will be charged.
Please note: Checks will only be accepted with a bank letter of credit, completed by your bank, guaranteeing funds to BCL Auction. This letter must be faxed from your bank to 866-257-6128 or you may present it in person with your check.
Click Here to download the Bank Letter of Credit Form.
Please report to the BCL Administration Desk upon arrival to the auction site to retrieve your paid receipt. You must have this receipt to retrieve your items. If a third party is retrieving your items, please notify peggy@bclauction.com so your items can be released.
This is the industry standard fee that is added to the total purchase amount of your invoice. It is calculated as follows: Invoices paid by credit card are calculated with an 18% premium. Invoices paid by cash receive a 3% Discount, so the premium is calculated at 15%.
For example, if your purchase amount is $10, the total amount due for credit card buyers is $11.80 and the amount due for a Cash Buyer is $11.50.
Removal shall be at the expense, liability, and risk of the purchaser. Buyer is responsible for all tools and labor required for the safe removal of their items. This includes the safe disconnection, dismantling, moving, and removing of the items within the specified times and dates.
Purchases will only be released upon presentation of a paid receipt and under the supervision of a BCL Auction team member. If a third party is retrieving your items, please notify Peggy (peggy@bclauction.com) so your items can be released.
Please note: For their safety, minors will not be allowed in the area where items are being moved, dismantled, disconnected, and removed.
If you would like your item(s) shipped, please email Terrence (terrence@bclauction.com) by 9 AM following the close of the auction to confirm your shipping request and to process payment for any associated handling/packaging/shipping expenses. You may also email us before the auction closes to get an estimated quote for shipping. In the email, please include your bidder number, the lot number(s), and your zip code. We need this information to provide an estimated quote to you!
Please note: All confirmed shipping arrangements will be automatically processed on the credit card you have on file.
For the convenience of our local customers, shuttle service is often offered. For a minimal fee, the BCL Auction team will transport your items to the BCL Warehouse to be picked up within five business days.
If this service is offered, it will be noted in the auction details.
To reserve space, please email your request to Terrence (terrence@bclauction.com) by 9 AM after the auction closes. Please include your bidder number and the lot number(s) you need shuttled. We will reply with the cost and a request for your confirmation. Once confirmed, your credit card will be charged the quoted fee.
Please note: Within five business day, all items must be picked up from the BCL Warehouse between the hours of 9 AM-4 PM. Items that have not been retrieved within five business days will begin incurring storage fees.
Before placing any bids, please make sure you can remove your items within the scheduled dates and times. These dates are determined by the seller or landlord, and BCL Auction does not have the authority to extend or altar these times.
Please Note: Refunds are not given for items not retrieved within the scheduled time frame. If the auction event occurred at the BCL Warehouse, items not retrieved within the scheduled item removal dates will incur a $50/day storage fee until the items are retrieved. If the value of your item(s) is less than $50, you will forfeit the item(s) without refund. Sorry! No Exceptions.
All items are sold “AS IS” and “WHERE IS” with NO WARRANTY or guarantees of any kind expressed or implied. Descriptions are believed to be accurate, but are not guaranteed in terms of condition, authenticity, completeness, suitability, or merchantability of any kind.
Public Inspections are open to all interested parties for a complete examination of the assets.
All descriptions and photos are provided in good faith and are believed to be accurate but are not guaranteed. All deficiencies, when known, are posted in the product description. However, the absence of a described deficiency does not mean one does not exist. If you are uncertain of the condition or use of an item, please bid accordingly.
Refunds are not given for any reason, including but not limited to bidding errors, posting errors, or condition of items. It is your responsibility to carefully examine and verify measurements at the scheduled public inspection before placing any online bids.
Individuals are responsible for the expense incurred and all damages to the seller’s assets or property during the public inspection or item removal times. Bidder’s credit card on file will be charged for such damages.
The Seller may withdraw an item from an event prior to the auction closing. BCL takes every step necessary to prevent this from happening. We apologize for any inconvenience this may cause; however, BCL assumes no liability or responsibility for decisions made by the Seller.
Both the auctioneer and seller reserve the right to add, remove, split, or combine lots presented, add minimum bids, change closing times, inspection times, removal times, and cancel, suspend, extend, or reschedule any individual item(s) and/or auction event.
Both auctioneer and seller’s liability shall be limited to the refund of the item’s purchase price. These terms and conditions cannot be altered except in writing by the auctioneer.
