1. View Lot(s) Thoroughly
Auction entries are sourced from liquidators; distributors; corporate & private sellers including interiors, office; catering & much more. Note: this is a Public Auction & NOT a consumer or retail sale. Lots include: used, unused, ex-display, returns & damaged property which are SOLD AS SEEN with NO guarantees, warranties or returns, which is why Public Viewing is available and recommended.
Optimum effort has been taken to provide accurate descriptions, no sale will be void by the inaccuracy of any description. No Lot(s) have been tested (including electrical). The bidder must satisfy themselves with the Lot(s) prior to bidding. Certain Lots may have condition indicative grading to assist assessing the physical appearance of the Lot - note: this is a subjective opinion which is why Public Viewing is available and recommended. All bidders are deemed to have satisfied themselves by inspection or otherwise as to the description, condition, size or quantities of any lot(s).
2. Register to Bid
In order to Bid & therefore Buy @ Auction Xchange, you are required to REGISTER online (no deposit or financial details required). This process is completed once, so if you have previously placed a bid you already have a user account and allocated Buyer #
Register or Login online to place bids and participate in the Timed ONLINE Auctions. Terms & Conditions apply and can be accessed via the link on the Buyer Login page & via the link at the bottom of this Buyer Guide page. By Placing a Bid you are deemed to have read & accepted the Terms & Conditions & the Buyers Guide. When logged in you can track your bids, watch list, sales, Cart, receipts, etc. via your user account dashboard.
3. Watch List
All Lots display the WATCH symbol, if you click WATCH, the Lot will be added to your unique watch list / personal Lot(s) catalogue.
4. Commission Fees
A Total Cost Calculation is displayed on every Lot prior to Placing a Bid. Buyers will be required to pay commission Per Lot on the hammer price at a rate of 22.5%+VAT [27.7%] or a minimum commission of €8.13+VAT [€10.00] Per Lot.
Example - Lot Auctioned: Asset VAT "N/A"
No VAT on the hammer price applies:
| Hammer Price | €100.00 |
| Commission Fee | €22.50 (€100*22.5%) |
| Commission VAT | €5.18 (€22.5*23%) |
| Total Due | €127.68 |
VAT on the hammer price applies:
| Hammer Price | €100.00 |
| Hammer VAT | €23.00 (€100*23%) |
| Commission Fee | €22.50 (€100*22.5%) |
| Commission VAT | €5.18 (€22.5*23%) |
| Total Due | €150.68 |
5. Bidding
AUCTION Catalogue/Lots: you can place your "maximum bid" any time while browsing the catalogue &/or bid in real-time during Tuesdays Timed ONLINE Auction. Each Lot will timeout in 1 minute intervals with the first lot ending at 18:30 on Auction Tuesday. If a bid is submitted within the final 60 seconds of the timeout period, the timer will automatically reset to 60 seconds to facilitate any bidder time to place a competing bid. NOTE: it is not advised to wait until the final seconds of the timeout period to place a bid as network, wifi or other potential connection issues may result in your Bid not being registered before the Lot times out.
If you PLACE MAX BID on the Lot the system will Bid on your behalf, for example:
Lot RESERVE: €80:
Bidder A places a Max Bid of €40, Bidder A is now registered as the highest Current Bid at €40;
Bidder B places a Max Bid of €60, Bidder B is now registered as the highest Current Bid at €60;
Bidder A places a Max Bid of €200, Bidder A is now registered as the highest Current Bid at €80;
Bidder B places a Max Bid of €240, Bidder B is now registered as the highest Current Bid at €210;
| AMV / Reserve | Bid Increments |
| < €50 (less than) | €5.00 |
| < €100 (less than) | €7.50 |
| < €250 (less than) | €10.00 |
| < €500 (less than) | €12.50 |
| < €1,000 (less than) | €20.00 |
| > €1,000 (greater than) | €25.00 |
6. CART / Online Payment
All successful Bids are added to your CART to transact to secure same. Buy Now Lots can be added to your CART by placing bids at the published Reserves.
Login & transact a Non-Refundable Deposit [24.6% of the Hammer Price] by 7.00pm Wednesday to secure the Lot(s). On collection, you can view the Lot(s) and Pay the balance OR forfeit your Non-Refundable Deposit.
CASHLESS - Auction Xchange requires all bids, transactions & payments to be submitted directly by yourself via your online device (smartphone; tablet; laptop, etc.). Auction Xchange is Cashless - No Cash is accepted in-store & Cheques are NOT accepted. Payment is accepted online by bank card.
7. Storage
Collection is required by close of business 8 days after the Sale Date, thereafter Storage Charges apply at a rate of €5.00+VAT [€6.15] Per Pallet Per Day (minimum one pallet, applicable 7 days of the week).
8. Collection
You can collect in person or by sending a courier. Recommended third party transportation providers are listed & viewable by clicking here: Recomended Couriers.