Auction In Conjuction with Thomas Industries NC Auction License #9725

To contact Tiger please email [email protected] or call (805) 497-4999.

To contact Tiger please email [email protected] or call (805) 497-4999.

Location:

Durham, NC 27703

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Click on the links below to download PDF form(s):

Please review the following and download the General Terms of Sale here to confirm the responsibilities you are agreeing to upon participating in this sale.

TERMS AT-A-GLANCE

DEPOSITS: We will authorize your credit card for $300 as an Auction Registration deposit, and reserve the right to increase the deposit to equal 25% of your total high bids. This authorization will place a 3-7 day hold on these funds with your credit card company, but will not be charged unless purchases are made.

If you are a NON-US resident, you will be asked to submit a wire deposit prior to the auction in order to finalize your registration approval. Please contact our office at (805) 497-4999 for further assistance.

All deposits made by wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days unless purchases are made.

PAYMENT DEADLINE: All payments are due by 12 pm the day after the auction closes.

PAYMENT FORMS: Credit cards on file will be charged (up to $2,500) upon the completion of the sale. You may pay by wire transfer by (a) notifying Tiger prior to the close of auction, AND (b) submitting payment in time for Tiger to receive it no later than 12pm the day following the auction.

Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).

PURCHASES OVER $2,500: Balances in excess of $2,500 must be settled by wire transfer received by Tiger no later than 12pm the day following the auction.

BUYERS’ PREMIUM: An 18% Buyer’s Premium will be added to the price of each item.

SALES TAX: All Taxes are applied at the end of the auction unless a reseller has notified Tiger prior to the close of auction and qualifies for sales tax exemption. A buyer’s failure to qualify for exemption does not waive its obligations to complete its purchase per the terms of sale.

REMOVAL: All buyers are responsible to remove their items during the posted checkout times. To minimize wait time, all buyers are asked to schedule an appointment. Buyers are also responsible to bring their own crews, packing materials, material handling equipment & etc. for removal. Buyers requiring shipping or moving assistance can refer to our list of 3rd party shippers.

ALL SALES ARE FINAL: All items are sold “as-is, where-is” with no guarantees or representations. All Sales Are Final. Buyers are recommended to inspect items before they bid.

ALL ITEMS SUBJECT TO PRIOR SALE

Auctioneer has the right to add or delete lots for the sale at any time as well as to cancel the sale entirely or sell in bulk.

STEP 1 – REGISTER
Click the ‘Register/Login” link above to register/login for the sale. If you are a new member please complete the signup form. If you are an existing registrant please login and “Register” for the sale. You must register for every sale in order to be able to participate. Your bidder number will be emailed to you for use at this auction once you are approved to bid. You must provide a credit card, which will be authorized for $300 to secure your bids; Please note that your card must have sufficient credit to be authorized for 25% of your purchases as you continue to bid. If you plan on spending more than $10,000 please contact the Auctioneer prior to the auction to ensure no bidding interruption.

If you are a NON-US resident, you will be asked to submit a wire deposit prior to the auction in order to finalize your registration approval. Please contact our office at (805) 497-4999 for further assistance.

All deposits made by wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days after the completion of the auction, unless purchases are made.

STEP 2 – VIEW ITEMS
• Click on the “View Items” link above to browse the auction catalog.
• Click on “View Details” to see the full lot description/pictures of each item.
• Click on “My Items” to view all items, items won, items not won, items you are currently bidding on and any items on your watchlist.

STEP 3 – BID
Enter a maximum of what you are willing to pay next to “Place max bid” and submit.
• The system will start your bid at the lowest available increment and bid for you.
• You can place multiple bids per page by entering all your max bids on each lot then scrolling to the bottom of the page and click on “Place multiple bids”; however, changing pages will clear your bids.
Important Bidding Notes:
• Items will close at a rate of 2-4 items every minute (varies by auction).
• An item’s closing time will extend by 3 minutes when bidding occurs within the last 3 minutes of its scheduled closing.
• If you submit a bid prior to the auction you will be notified if you are out bid. During the auction, it is up to the auctioneer’s discretion to keep the outbid notice on/off.

STEP 4 – PAY
Credit Cards on file will be charged at the end of the Sale (up to $2,500) plus an 18% buyers premium and Sales Tax unless you are purchasing for resale and have completed and returned a resale certificate before the conclusion of the auction. Balances in excess of $2,500 must be settled by wire transfer received by Tiger by 12:00 pm the day following the auction.

Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).

STEP 5 – PICKUP
You are responsible to remove your items during the posted checkout times. If you are purchasing from out of the area, you may send a 3rd party shipping company to remove your items. Bring your own crews, packing materials, material handling equipment, etc. for removal. Appointments are mandatory. Be sure to email your preferred pickup time within the posted schedule after you have received your paid invoice.