Is AuctionTime safe?

How do I sell something on auction time?

We are making it possible for you to sell your equipment on AuctionTime.com by consigning your items through our dealership. All items being sold with a starting bid of $100 or less will be charged a listing fee of $295 which is due at the time of consignment.

Is AuctionTime real?

AuctionTime is a powerful online auction platform that makes it simple and cost-effective to sell and bid on construction equipment, heavy machinery, commercial trucks, trailers, attachments, and more.

How do you bid on Bidfta?

https://www.youtube.com/watch?v=eoP11v61_2s

Who owns AuctionTime?

Sandhills Global, Inc.

How does AuctionTime work?

AuctionTime places bids on your behalf, using the smallest bidding increment necessary to make sure you remain the high bidder. We'll keep bidding for you until bidding reaches your maximum bid. That means that you won't have to keep coming back to re-bid every time another bid is placed.

Does AuctionTime have a reserve?

Auction Time Bid Board reserves the right to accept or reject any items brought in for auction. 2. The base commission rate for Bid Board consignment items is 25% per item with a minimum of $3.00 per item. The $3.00 minimum commission also applies to each item that does not sell (“no bid items”).Auction Time Bid BoardAuction Time Bid BoardWhat Is A Bid Board? Auction Time Bid Board is a month long silent Auction that ends in a live finale Auction the first Saturday of every month. Every item up for bid has a yellow bidding tag with it to write down your bidder number and how much you want to bid on it.https://www.auctiontimebidboard.com › how-it-works-2The Basics - Auction Time Bid Board reserves the right to accept or reject any items brought in for auction. 2. The base commission rate for Bid Board consignment items is 25% per item with a minimum of $3.00 per item. The $3.00 minimum commission also applies to each item that does not sell (“no bid items”).

Did AuctionTime get hacked?

According to a report from BleepingComputer, information processing company Sandhills Global, which services ag equipment auction websites including TractorHouse and AuctionTime, fell victim to a ransomware hack this past weekend that took all its hosted websites offline.4 Oct 2021

What is the reserve price on pristine auction?

Reserve prices are activated beginning 3 days prior to the auction end date. In Reserve Price auctions, if your maximum bid exceeds or meets the Reserve Price, we automatically increase your bid to meet the Reserve Price, and bidding will continue from there.

Why do auctions have a buyer's premium?

When attending an auction keep in mind that the buyer's premium is used to enhance the customer experience. The buyer's premium is charged so buyers are comfortable during the time of auctions and so the auction can operate efficiently. The extra charge is always put to good use.6 Jul 2018

Who gets the buyer's premium at an auction?

In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.

What does 10% buyer premium mean?

The buyer's premium is an auctioneer's fee added to the buyer's winning bid. It does not go to the seller. If an auction has a 10 percent buyer's premium and you win an item, you will owe the bid price of the item plus 10 percent. Both charges are expressed as a percentage of the winning bid amount.

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