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Terms & Conditions
Personal Property Online Only Terms & Conditions
By accepting the terms and conditions of this auction you acknowledge you are entering into a legal and binding contract. You agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Steffes Group, Inc., also referred to as Steffes Group or Company.
When paying within the stated time and with our acceptable payment methods:
- A 15% buyer’s premium applies to items purchased on this auction.
For example, if you bid $100.00, at checkout you will be charged $115.00.
You agree to make payment for all online purchases in U.S. funds within 1 business day of receipt of invoice by one of the acceptable forms of payment. To issue a check by fax, simply write a check as you normally would and fax a copy to us. All NSF checks will be charged a $30 fee. Checks by mail are not an accepted form of payment. Any other form of payment, other than the listed acceptable payment methods are subject to an additional 3% buyer's fee on the full amount of the purchase. No items will be released until full payment clears our office.
At the close of the auction an invoice will be emailed. If the auction closes after 5pm CST, the invoice will be emailed the following morning. Please call in to make payment in the following ways: Payment can be made via Cash, Check, Check by Fax or Phone (ACH: NO FEE), or wire fund transfer (Bank fees apply), also credit cards are excepted (Visa, Mastercard, Discover; 3% fee will apply)
Acceptable forms of payment:
- Bank Wire Transfer; please call for wire instructions to be emailed to you.
- Check delivered to our office that held the auction
- Check By Phone or Fax
West Fargo, Sioux Falls, Grand Forks 701-237-9173 or 701-237-0976(fax)
Litchfield 320-693-9371 or 320-693-9373(fax)
Mt. Pleasant, Ames 319-385-2000 or 319-385-4709(fax)
- Mastercard, Visa & Discover cards with a 3% surcharge on the full amount of purchase.
Load out for this auction will be on FRIDAY, JULY 21st from 1-4PM. You MUST bring your paid in full invoice with you to claim your items.
Shipping is NOT available, Pickup only! You are responsible to bring your own manpower to move your items. Bring your own boxes, packing materials, carts, etc.
Agents for Sellers
Steffes Group, Inc. and its Employees act merely as agents for sellers. All auctions are with reserve unless specifically stated otherwise. Auctions are with undisclosed reserves unless advertised otherwise as "Absolute." Auctioneers, at their discretion, may place a reserve bid on behalf of the seller. All final bids are subject to the seller's confirmation. Only the top bidder will be contacted as to the status of his/her bid. While the information we provide on item(s) is deemed correct, no warranties are expressed or implied as to any items being sold, and you agree to purchase and accept the item in an as-is condition. Information on items is obtained by us from the sellers and you hereby agree to hold harmless Steffes Group and our Employees for any errors or omissions regarding the item(s) being sold. This information includes but is not limited to year, model, machine or engine hours, physical condition, options, features and other data pertinent to the value of the item. All items are sold As-Is-Where-Is unless specific factory or seller issued warranties are listed in the item description.
You are buying these items in their “as is” condition. There are no warranties, expressed or implied, please bid accordingly. There are no refunds or returns. That by bidding on an item you have agreed to accept that item in its present condition at its present location and with the description provided whether accurate or not.
Timed-online auctions will begin to close on the date and time listed. Lots will remain open until no bids have been placed within the last 4 minutes. Timed-online auctions normally close at a rate of 3 lots every 2 minutes.
Please note that some lots can be tied together and will be set to close simultaneously. This will be indicated in those lots by a paper clip symbol. Please hover your mouse over the symbol to see what lots are tied together. The paper clip symbol means that each lot tied will stay in extension until there are no more bids on any of the lots that are tied.
Steffes Group reserves the right to close multiple lots per minute at its discretion. Upon your accepted bid of an item, that item shall immediately become your responsibility and be at your risk (whether you have paid for that item or not). You agree that Steffes Group, its employees, and its sellers are not responsible for lost, stolen or damaged items and will not reimburse or discount items for any type of loss. Buyers are responsible for any costs incurred to prepare your item(s) for transport and/or shipping. This includes, but is not necessarily limited to, the cost of any rigging, dis-assembly, special loading requirements, transport, packaging, insurance, and all other costs related to physical transfer of your item(s). You agree to remit payment and remove from the auction property any purchases within the stated time for the auction being conducted. You further understand and agree that failure to remove items in the stated time for the auction will subject you to moving and storage fees unless arrangements have been made with the seller.
When using our online auction services you are making a firm commitment to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason.
Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations.
You acknowledge that the internet may be an unreliable and error-prone network. Steffes Group will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Steffes Group, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any event that is simulcast as an Internet Auction.
Further, the auctioneer has the sole discretion to accept or refuse any bid. Steffes Group retains the right, at our sole discretion, to add, delete, or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice.
Steffes Group provides this Abandonment Policy to inform you of our policies and procedures regarding any purchased item(s)/property that has not been removed by a buyer at the stated load out time. Upon winning the bid for an item(s), after paying for item(s) purchased, a buyer is obligated to remove the item(s) from the auction site at the stated load out time.
Any item(s) remaining after designated pick up time are considered forfeited and ownership will revert back to seller. No refunds will be given. Steffes Group may deem a buyer's failure to claim and remove equipment within the stated load out time following the close of an auction as evidence of buyer's intention to abandon the property. In these instances, the Company may take action that is adverse to buyer's interest in the property, including, but not limited to steps to dispose of the property.
Disposition of property may include a variety of approaches based upon the buyer's purchase price of the property as follows:
1) For those items with a final selling price of $5,000 or less, the Company will determine the appropriate disposition approach which may include:
- Removing and disposing as the Company sees fit.
- Allowing seller to retain or scrap.
- Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses, storage costs, plus 20% administrative fee.
2) For those items with a final selling price of greater than $5,000, Steffes Group may remove the item from the selling location and resolve as follows:
- The Company may reimburse the seller on the buyer's behalf for storage fees of $25 per day, with the total amount not to exceed $1,500.
- Sell the item(s), whereby the Company will remit the sales proceeds to the buyer, less selling and advertising expenses and storage costs, plus 30% administrative fee.