Registration: Bids will only be accepted from registered bidders. You will be required to show your driver’s license to register to bid. Additional terms apply for bidding online (see below).
Announcements: Announcements made on the day of sale by Seller and/or Auctioneer take precedence over all prior communications and announcements, both verbal and written, concerning the sale or the property.
Buyer’s Premium: There will be a 10% Buyer’s Premium in effect on day of sale. The Buyer's Premium is added to the high bid amount, to determine the purchase price. Example: high bid of $100,000 x 10% = $10,000. $100,000 + $10,000 = $110,000 “Purchase Price”.
“As-Is, Where-Is”: The property is being sold “AS-IS, WHERE-IS”. Potential Purchasers must perform such independent investigations with respect to the property as they deem necessary to verify information provided by Auction Company or the Seller.
Catalog: The Catalog has been prepared only as a guide based on information from sources believed to be reliable, but the accuracy thereof cannot be guaranteed or warranted by Walker. Hours, miles or descriptions which are stated in the catalog descriptions as “showing” are read on the meters and odometers, or as provided by owner, with no guarantee of accuracy. Any information provided by Walker or its representatives, verbal or otherwise, is not guaranteed, to include, but not limited to country of origin or manufacturer. Purchaser acknowledges that all items were available for inspection prior to the Auction, and that Purchasers rely on their own inspection of the items and not the information listed in the catalog or otherwise provided by Walker.
Advertisements: All information provided by Auction Company and the Seller is deemed reliable but is not warranted. The information contained in any advertisements by Auction Company are subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company or the Seller.
Representation: Auction Company and its representatives represent the Seller(s).
Bid Increments: Auctioneer reserves the right to set bid increments.
Bidding: All Bidding is open to the public without regard to race, color, sex, religion, or national origin. As used in these conditions of sale the term "the successful bid" means the highest bid acknowledged by the Seller and Auctioneer, and the term "Contract Price" means the sum of the high bid plus the Buyer’s Premium. The highest bidder acknowledged by the Seller and Auctioneer shall be the Purchaser. The Seller or Auctioneer has the right to reject any bid or raise any bid which, in their opinion, is not commensurate with the value of the property being offered. The Seller and Auctioneer may advance the bidding at their discretion and, in the event of any dispute between bidders, may determine the successful bidder or re-offer and resell the property in dispute. Auctioneer reserves the right to set bid increments. Should there be any dispute after the sale, the record of final sale shall be conclusive.
9a. These terms apply unless the auction or item is advertised as ABSOLUTE. If advertised Absolute the Seller/Auctioneer will not bid, reject bids, raise bids or advance bids at any time. The item/equipment or vehicle will be sold to the highest bid, regardless of price.
Titles: For property requiring title, the title and Bill of Sale will be provided by the Seller at Seller’s expense and recorded or transferred at the expense of the Purchaser. All title documents will be available to Purchaser upon complete and final payment of all sums due to Walker, unless otherwise announced on Auction day.
Bidder's Card: All bidders are required to have a bidders number to bid. To obtain a bidders number, you must be registered.
Financing: Sales are not subject to any financing.
Inspection: All property is sold "As Is, Where Is, With All Faults.” Description and other information are provided as a service to customers only and do not constitute a representation or warranty, either expressed or implied. Seller and Auctioneer disclaim all responsibility for physical condition. All Purchasers are responsible for prior inspection of properties on which they bid, and by bidding are deemed to have so inspected the property. Auctioneer and Seller are not responsible for delivering possession of the property, which is solely the responsibility of Purchaser.
Risk of Loss: Upon the fall of the hammer, or when the Auctioneer says “sold,” or when the internet auction closes, risk of loss shall pass to the Purchaser. Walker accepts no responsibility for any loss or damage to any purchased item once the hammer falls. It shall be the responsibility of the Purchaser to insure all purchased items immediately.
All Sales Are Final: All items are sold “AS IS, WHERE IS”.
Balances: The entire balance must be paid in full by 4:00p.m. on the day of the sale. There will be a 10% per day penalty on any outstanding balances, unless approved in writing by Auction Company or Seller
Removal & Storage/Handling Fees: Removal must be scheduled with Walker on the day of the sale. If an item is left on the Auction site more than (15) days without arrangements made, the item will be considered abandoned. Purchasers must pay in full for all items purchased prior to removing any item(s). Purchasers must remove all purchased items from the Auction site within the time allotted, referenced herein, for removal. Walker does not provide assistance or equipment for the loading/unloading or removal of any vehicles or equipment from the Auction site under any circumstances. Purchaser takes full responsibility for the removal of purchased items and holds harmless and indemnifies the Seller and Auction company for any damage or injury in the removal or dismantling process. Walker reserves the right to require proof of insurance coverage on any item, person, or company. If for any reason Purchaser fails to remove any items from the Auction site in accordance with this paragraph, including Purchaser’s failure to make full and complete payment of all sums due and owing to Walker, Walker may store any such unremoved item(s), and refuse to allow its removal, until all storage fees, reasonable handling, transportation, maintenance, security, and insurance are paid in full. The storage fee is charged in addition to the late charge for any unpaid balances.
Default By Purchaser: In the event Purchaser fails to pay the full purchase price of any purchased items as per these Terms and Conditions, or other amounts due to Walker, Purchaser agrees to pay Walker a storage fee of one hundred dollars ($100.00) per day, per item, left at the Auction site, and all storage, reasonable handling, transportation, maintenance, security, and insurance fees and/or sales costs. Additionally, Purchaser agrees to grant Walker a lien on all purchased items and all property of Purchaser consigned for Auction with Walker, and the proceeds of the sale of such property, until all the Purchase Price and all other sums due Walker are paid in full. Walker’s lien shall include the Purchase Price, all sales and use taxes paid by Walker, Buyer’s Premiums (if any), storage, reasonable handling, transportation, maintenance, security and insurance fees and/or costs and other amounts due Walker from Purchaser.
Abandoned Property: Walker may deem abandoned any item left at the Auction site after the time provided for removal. In addition, Walker, at its sole discretion, shall have the right to resell such items by public or private sale at a commission rate of twenty-five (25%) percent. Purchaser grants Walker the right to withhold from the proceeds of such resale any and all sums due to Walker. Any sum remaining after full and complete payment of all amounts due and owing to Walker shall be provided to the Purchaser. Walker’s exercise of its right to sell any items in accordance with this paragraph, shall not prevent Walker from recovering the Purchase Price or any other amount due to Walker from the Purchaser. Redemption of any abandoned goods will be allowed after complete payment of the Purchase Price and all other amounts due and owing to Walker.
Unauthorized Conduct: Walker reserves the right to refuse any bidder registration privileges at any Auction and/or refuse access to or remove any person from the Auction site for any reason including, but not limited to: 1) tampering with equipment, 2) collusive bidding, 3) stealing, 4) failure to abide by these Terms and Conditions, 5) intoxication, (6) inappropriate behavior. All Bidders acknowledge Walker’s right to refuse access and to remove Bidders for such conduct and agree to leave the auction site upon request by Walker.
ACCEPTANCE & AGREEMENT: REGISTRATION AND BIDDING ON ITEMS IN THIS AUCTION, WHETHER ONSITE OR ONLINE, CONSTITUTES ACCEPTANCE OF ALL THE FOREGOING TERMS AND CONDITIONS, INCLUDING ANNOUNCEMENTS AT THE SALE AND THE TERMS OF THE BILL OF SALE, WHICH IF INCONSISTENT WITH ANY OF THE TERMS CONTAINED HEREIN, SHALL GOVERN.
ADDITIONAL TERMS FOR BIDDING ON-LINE
The on-line bidding will be simultaneous with the live bidding and when the Seller is satisfied that all of the bids have been placed, he will allow the Auctioneer to announce that the bidding has stopped – it will, at that time, be determined that the highest bidder is the successful bidder, whether on-site or on-line. The successful bidder will be required to sign an electronic Bill of Sale. The Auction Company and/or authorized Agents of the Seller reserve the right to bid on behalf of the Seller, unless advertised as Absolute. To bid online, you must register through the auction bidding platform at https://walkercommercialservices.bidwrangler.com/ui.
If you are the successful high bidder the entire balance must be paid by 4:00p.m. on the day of the sale. A hold will be placed on your credit card equal to the contract price (high bid + Buyer’s Premium) immediately following the sale. This hold will be released once the balance is paid in full through one of the following three payment methods. If the balance is not paid in full by 4:00p.m. on the day of the sale, your credit card will be charged for the balance plus a 3% processing fee. There will be no exceptions.