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Please factor your Timed Auction Buyers Admin Fee into all your Timed Auction Bidding.Īll TIMED Auction buyers first and last name will be provided to the City of Edmonton as part of a contractual term. Items Purchased are subject to a 12% to Maximum of $750.00 Buyers Admin Fee plus the GST. The balance in full will be required by Friday April 16th at 4:00 PM. For all purchase totals over $1,000.00 the $1,000.00-dollar authorization will be processed as a deposit on the credit card.

If you would like to pay using an alternate method of payment, please either attend the auction prior to Friday April 16th or please contact our office immediately to make and confirm your arrangements. All total purchases of $1,000.00 or below will be automatically processed on the buyer’s credit card commencing on Friday April 16th 4:00 PM.

At the conclusion of the TIMED Auction lot closing successful bidders will be emailed their auction invoices to the email address on their internet auction bidder registration form. The system has these tools available to you so you do not have to spend additional time during the closing period managing your bids. Another bidder valued that particular item for a higher value than yourself and they win the lot and the auction for that item. Alternately, you may set your MAX BID for $200.00 and you are out bid. The system manages your bidding for you and you win the bid for $110.00. If a bidder does not make a purchase, their credit card authorization will be reversed back to the card holder within 24 to 48 hours from the conclusion of the auction.Ī Best Practice is to set your MAX BID per lot, example, if you set a MAX BID of $200.00 or what you would be willing to pay for the item and the bid closes at $110.00. This should allow bidders ample time to do research and review the listing and attend onsite prior to making bids.īidders will be required to leave a $1,000.00 Credit Card Authorization in order to be issued a bidder number to bid on the TIMED Auction items. Auction lots will close at a rate of 2 items per minute and at approximately 120 lots per hour. Please select the BID ON TIMED AUCTION ITEM button on any auction lot and you will be redirected to our bidder online sign-up forms. All of these items are sold via the TIMED Auction are unreserved and will be sold to the highest timed auction bidder on each lot. The auction closing beginning on Wednesday April 14 at 9:00 AM. The TIMED Auction opens for bidding to the public starting on Monday April 12th at 9:00 AM. All items listed are subject to additions, deletions, errors and omissions. Auctioneers note All items bid on and purchased are sold on an “As Is Where Is” basis with no guarantee’s or warranties actual or implied.

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