Who can buy on GovDeals?
Eligibility: A bidder must be a minimum of 18 years old, and be legally able to form binding contracts as a buyer in an auction. Inspection: Most items offered for sale are used, and may contain defects not immediately detectable. The responsibility to determine the condition of the property rests with the bidder.
What happens if you don’t pay on GovDeals?
If the item is not paid for by the time stated, the seller may lock your account for default, and you will be assessed a fee equal to 40% of your winning bid amount.
Is GovDeals com a legitimate site?
Govdeals is a very Shady Company. Recently they tried to extort me for $180. While bidding, I had hit the wrong key. I immediately called and emailed the seller, UAB and told them about the typo.
Does GovDeals ship items?
Items will be shipped via UPS Ground using the Seller’s account at the Buyer’s expense. This charge will appear on the Buyer’s final invoice, and will be included in the total amount due in the Winning Bidder Notification. We do not ship to addresses outside of the United States. b) Payment is made through GovDeals.
Can I cancel a bid on GovDeals?
Bid Withdrawal: A bid may be withdrawn only if the bidder notifies the Seller in writing of the bidder’s intent to withdraw within two (2) business days after the bid closing.
What are the fees on GovDeals?
Where an asset sells for more than $100,000, but less than $500,000 the GovDeals fee is seven and one-half percent (7.5%) of the winning bid up to $100,000, plus five and one-half percent (5.5%) of the winning bid for auction proceeds in excess of $100,000 up to $500,000.
Does GovDeals ship?
How do I register for GovDeals?
Go to www.govdeals.com 2. Select ‘Register’ from the Red Bar at the top of the page. 3. Completely fill out the Registration Portion under Account Information.
How do I pay GovDeals?
PAYMENT MUST BE MADE ONLINE—To make online payment, log into your GovDeals account and select “My Bids”. Please follow the instructions there. Payment in full is due not later than five (5) business days from the time and date of the Buyers Certificate. Payment must be made electronically through the GovDeals Website.
How does bidding work on GovDeals?
By submitting a bid, the bidder agrees that they have read, fully understand and accept these Terms and Conditions of Online Sales, and agree to pay for and remove the property, if the bid is accepted, by the dates and times specified.
What is the buyers premium on GovDeals?
Where an asset sells for greater than $500,000 the GovDeals fee is seven and one-half percent (7.5%) of the first $100,000 of the winning bid, plus a fee of five and one-half percent (5.5%) of the next $400,000 of the winning bid, plus a fee of three and one-half percent (3.5%) of the bid amount in excess of $500,000.
Can I sell on GovDeals?
Quickly create your auction listing with our easy tools. All you need is an item description and a few photos. Our Account Managers will teach you how to create listings that will maximize your return on investment.
Can you retract a bid on GovDeals?
How do I become a seller on GovDeals?
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