SOLDasap, LLC

Online Personal Property Auction Terms & Conditions

Location: 10 Enclave Circle, Paragould, AR 72450
Auction Ends: Thursday, November 5th at 5:30 PM
Pickup: Local pickup only. See auction listing for preview and pickup details.

By registering and placing a bid, you agree to all of the terms and conditions below. Please read them carefully before bidding, including the sections regarding inspection, payment, pickup, removal, and the condition of the property.

TERMS OF SALE

A 10% Buyer’s Premium will be added to the winning bid and included on the buyer’s invoice.

All items are sold AS IS, WHERE IS, with no warranties or guarantees, expressed or implied. All sales are final. No returns, refunds, or exchanges will be allowed.

Bidders are responsible for examining and evaluating items before bidding. Photographs, descriptions, measurements, and other information are provided as a guide and may not include every detail or defect. Buyers should satisfy themselves as to the condition, authenticity, age, measurements, operation, and suitability of any item before placing a bid.

We strongly encourage bidders to attend the scheduled preview and inspect items in person whenever possible.

SOLDasap, LLC and the Seller make no guarantee that any item will function properly or meet a buyer's intended use. Electrical, mechanical, electronic, and other items may not be tested unless specifically stated in the listing.

SMOKE DISCLOSURE

Please note: The home where this auction is located has been smoked in. Some furniture, textiles, clothing, upholstered items, and other personal property may retain a smoke odor. Buyers should consider this when evaluating items and are encouraged to inspect items in person before bidding.

The presence or absence of a noticeable smoke odor cannot be guaranteed for any particular item, and no returns or refunds will be made due to smoke odor or exposure.

RECALLS & PRODUCT SAFETY

SOLDasap, LLC does not have the time or resources to research or verify whether individual items have been recalled by their manufacturer, a government agency, or another organization.

Many items offered in personal property auctions have been owned and used for many years. It is the buyer's sole responsibility to determine whether an item has been recalled or is safe for its intended use before purchasing, using, or reselling it.

BIDDING

Bidding is a binding contract. Once a bid has been submitted, it cannot be withdrawn or changed.

Failure to inspect an item does not relieve the winning bidder of the obligation to pay for and remove the item.

The auction may be subject to additions, deletions, corrections, or changes prior to closing.

SOLDasap, LLC reserves the right to modify bidder usernames or passwords when necessary for administrative or security purposes.

INVOICES & PAYMENT

Invoices will be emailed to winning bidders following the close of the auction.

Payment is due in full by the end of the scheduled pickup day and bidder must pay before picking up their items. 

Accepted payment methods include:

• Cash
• Cashier’s Check
• Credit Card, subject to a 3.8% processing fee
• Wire Transfer, which must be arranged in advance and is subject to a $15 wire transfer fee

Credit and debit cards will not be accepted for invoices over $1,000 unless prior approval has been obtained from SOLDasap, LLC.

No chargebacks are permitted. By placing a bid, the buyer agrees to pay the full amount due according to these terms.

A paid invoice is required before items can be released for pickup.

The buyer assumes responsibility for purchased items once the auction closes and the buyer becomes the winning bidder.

NON-PAYMENT & FAILURE TO PICK UP

If payment is not received and/or purchased items are not removed by the end of the scheduled pickup day, the buyer will be considered in default.

The buyer may be responsible for:

• The full winning bid amount
• The 10% Buyer’s Premium
• A 3.8% credit card processing surcharge, when applicable
• A $25 late fee
• $20 per hour for additional labor and handling
• Any applicable storage or other costs incurred as a result of the buyer's failure to pay or remove items

Items remaining after the scheduled pickup period may be considered abandoned and may be resold without further notice.

After 5 days, unpaid or unclaimed items may be considered abandoned and resold.

Defaulting buyers may have their bidder accounts suspended or closed and may be restricted from participating in future MarkNet Alliance auctions.

EXTENDED BIDDING / DYNAMIC CLOSING

This auction uses extended bidding.

If a bid is placed within the final 5 minutes of an item's scheduled closing time, that item will automatically be extended by 5 minutes.

Bidding will continue in 5-minute increments until no additional bids are received during the extension period.

Each item may close at a different time depending on bidding activity.

PREVIEW & INSPECTION

Preview information, including the date, time, and location, is available under the Auction Listing tab.

We strongly encourage bidders to attend the scheduled preview and inspect items before bidding.

Buyers should examine items for condition, damage, wear, measurements, completeness, and functionality. We will identify obvious defects when possible, but SOLDasap, LLC cannot examine or test every item in detail.

All preview attendees are responsible for their own safety. SOLDasap, LLC and the Seller are not responsible for accidents, injuries, or damage occurring during preview or pickup.

PICKUP & REMOVAL

Pickup information is available under the Auction Listing tab.

Pickup is by appointment only through SignUpGenius unless other arrangements have been approved in advance by SOLDasap, LLC. A link to schedule pickup will be located on your invoice that will be emailed after the auction closes. 

Buyers must be able to meet the posted pickup schedule before placing a bid. Do not bid on an item if you cannot remove it during the scheduled pickup period unless you have made prior arrangements with the auction company.

Alternative pickup arrangements may be subject to additional charges. Labor and travel costs may apply when a special pickup appointment is requested.

Buyers are responsible for providing their own:

• Labor
• Tools
• Moving equipment
• Vehicles
• Packing materials
• Boxes or containers
• Assistance needed to safely remove their purchases

SOLDasap, LLC employees and auction staff are not responsible for moving, disassembling, loading, or transporting a buyer's purchases.

Buyers are responsible for determining in advance whether they have the proper equipment, vehicle, labor, and access needed to remove an item.

All items must be removed without causing damage to the property or other items.

If an item cannot be removed safely or without causing damage, SOLDasap, LLC may require the buyer to leave the item. No refund will be issued because a buyer was unable to remove an item.

SHIPPING & DELIVERY

Shipping and delivery are not available for this auction.

All purchases must be picked up locally at the scheduled pickup location and during the posted pickup period.

DEFAULT & ABANDONED PROPERTY

By placing a bid, each bidder acknowledges that the Seller and Auctioneer may incur costs and damages if the bidder fails to complete the purchase or remove the property as required.

If a buyer fails to pay for or remove purchased items within the required time, SOLDasap, LLC and/or the Seller may exercise any rights available under these terms and applicable law, including reselling the property.

Items left behind after the scheduled pickup period may be considered abandoned.

If an invoice has been paid but the buyer fails to remove the items, the property may still be resold or otherwise disposed of after the applicable abandonment period. The original buyer will have no further claim to the property.

If an invoice remains unpaid, the items may be resold and the buyer's account may be permanently closed.

Storage or handling fees may begin the day after the scheduled pickup period ends.

Defaulting accounts may also be closed or flagged across the MarkNet Alliance network.

AUCTION COMPANY BIDDING & BID INFORMATION

SOLDasap, LLC and its employees may place bids on their own behalf or on behalf of customers, where permitted by applicable law and auction rules.

While SOLDasap, LLC may assist customers with registration or bidding, we are not responsible for missed bids caused by technical problems, internet connection issues, bidder error, equipment failure, or time limitations.

Bidders are encouraged to place their own bids and use the Max Bid feature when appropriate.

SOLDasap, LLC has access to bidding information through the MarkNet Alliance platform, including maximum bids entered by bidders. This information is used for legitimate administrative, technical support, and customer service purposes.

SOLDasap, LLC is not responsible for missed bids resulting from technical issues, internet interruptions, system errors, equipment failure, or other circumstances beyond our reasonable control.

FINAL REMINDERS

Please register and place your bids early. Do not wait until the last few minutes of the auction to register, ask questions, or attempt to place bids.

We may not be able to respond to last-minute questions or registration issues before the auction closes.

Use the Max Bid feature if you are unable to monitor the auction closely.

Remember: Once you place a bid, you are entering into a binding agreement to purchase the item if you are the winning bidder.

QUESTIONS

For questions regarding registration, bidding, payment, preview, or pickup, please contact:

SOLDasap, LLC
Phone: 870.236.6117

Thank you for bidding with SOLDasap, LLC!