Name Online - $1,000,000 Home Decor Closeout Auction #1194
Auctioneer 403 Auction
Type Online-Only Auction
Date(s) 1/12/2017 - 1/19/2017
Auction begins Thursday January 12th at 7PM and concludes Thursday January 19th with the first lot closing at 7PM
Preview Date/Time Tuesday January 17th from 11Am to 3PM AND Thursday from 1PM-3PM AT 31 Tapscott Road in Scarborough (Malvern Town Center Plaza). End unit near Planet Fitness...look for warehouse sale banner. Onsite contact 416-854-7841
Checkout Date/Time All items must be picked up ON LOCATION at 31 Tapscott Road in Scarborough (Malvern Town Center Plaza) on Sunday January 22nd from Noon to 6PM or Monday January 23rd from 10AM to 6PM. Any items not picked up by 6pm Monday will be deemed abandoned and the full amount will be billed to your card on file.
Location 31 Tapscott Road
Scarborough, ON M1B 4Y7
Buyer Premium 15% Buyers premium applies
Description
Fantastic auction of New Home Decor Items... Expect to see over 2000 Lots of premium high end decor related goods.
Auction Terms & Conditions Terms and Conditions - To be able to participate in this Auction REGISTRATION & IDENTIFICATION: At the time of registration, we collect information about you to verify who you are before you can bid. We collect credit card information to ensure that you are a qualified buyer. All bidders must be of legal age to bid. In the event that you are not comfortable (or can't ie. no credit card) with registering online you may enter bids in person at our facility. Bids must be in writing and are legally binding just the same. We will upload bids on your behalf in this scenario. PAYING FOR YOUR PURCHASES: There is no cost to register for an auction (Up to $1 may be charged to validate your card by Auctionflex the first time you register). Your credit card will not be charged unless you win and do not pay within the pick up period. When an auction closes, if you are the winner, you must attend during the allotted Pick up time frame where you may pay cash, Visa, Mastercard or Debit. If you do not pick up during the alotted time, we will charge your credit card with the winning bid amount, plus applicable Buyers Premium and taxes, and the first days storage fee as stated in terms of auction. If your purchases exceed your credit card limit, your card will be charged a deposit up to its maximum with the balance due in 24 hours from auction close either in person at our facility or by wire transfer. SPECIFICS FOR THIS SALE: Inspection recommended, Items that are display items(Any item not in a box or clearly packaged should be considered a display) may have chips, dings or scratches. if you do not attend preview you accept all items as they are with all faults. Artwork that is described as signed means simply that it has a signature. Much of the Artwork is original and therefore the signatures are original, some are prints and therefore the signature is part of the print. We do not have the time or knowledge to separate the two and therefore we advise preview to determine for your own satisfaction. MSRP's stated are just that a Manufacturers suggested retail price. Much of the items in this sale are Ren Wil brand. If you do a google search of Ren Will and the type of item you are looking you will see these MSRPs are in line with the market price of these items. REVIEWING YOUR BIDS: During an auction you can check the status of your bids at anytime. Note that no bids can be withdrawn after the auction for any reason. All items are sold as is, where is, with all faults with no guarantees that any item is fit for a particular use. We strongly recommend attending the previews if available on any and all auctions. All bids are legally binding and enforceable in Ontario, Canada. BIDDING NOTIFICATIONS: You can choose to be notified by e-mail during the auction if you have been outbid. Please note that outbid notifications are NOT sent out during the last two hours of the sale. REMOVAL : All items are sold in place. Buyers are responsible to remove items in a good workmanlike manner. Any plumbing must be shut off before being disconnected and any electrical that is disconnected must be capped. You must be bring any and all tools, equipment and labour required to disconnect and remove any items you purchase. We will only have security onsite that will not assist in any way with removal. Please plan ahead and come prepared. Any items not removed by the times shown will be deemed abandoned regardless of the price. WINNING NOTIFICATION & INVOICING: All winning bidders will receive an e-mail invoice within 24 hours of the auction closing. PICKUPS & REMOVALS: Dates and times for pickup will be posted on our website. We do not ship. Do not bid if you are unable to have your items picked up. Any item not picked up during the posted pickup times will be considered an abandoned item. Items are sold as is, where is, with all faults. If you abandon an item, your credit card will be charged for the purchase price of the item plus the cost to remove, transport and dispose the item. CONDITIONS OF ITEMS SOLD & OUR ONLINE CATALOGUE: Our best efforts are made to represent all items accurately in descriptions and photographs; however, all items are ultimately sold on an 'as is, where is' basis, with all faults. We strongly encourage all bidders to personally verify the condition of each item during the scheduled preview times. No responsibility is assumed by Principal Liquidators Inc or the seller for any errors or omissions. Prices referenced are MSRP (Manufacturers Suggested Retail prices) and can be discounted significantly on the open market so do your own due diligence in researching values. Jewelry Appraisals are provided to us by the consignors and when provided are always insurance value appraisals which are usually much higher than retail values. CLAIMS: No claims regarding goods purchased will be allowed. Bidders are reminded that all goods are sold on an 'as is, where is' basis, with all faults. PERSONAL & PROPERTY RISKS: We will not be liable for damage or injury to individuals or their property. ADDITIONS & DELETIONS: We reserve the right to remove and/or add lots and/or items to the sale at any point during the auction. BUYERS: The BUYER expressly agrees to indemnify and save Principal Liquidators Inc., the Seller and their assigns harmless from and against all claims, losses, expenses, damage or liability, directly or indirectly caused by or resulting from an act, including the negligent acts or omissions of Principal Liquidators Inc., or anyone acting in his/her behalf in connection with or arising out of auction. All bidders/buyers must be of legal age. RESERVE: Seldom are items sold with Reserve. If an item is being sold with a reserve, it will be clearly marked and identified. For items sold with a 'reserve', you will be required to pay a minimum amount in order to win the item. AUCTION RECORDS: In the unlikely event of a dispute, you agree to accept as true the information that we have in our records. SOFT CLOSE: Items close at regular intervals. To prevent a bidder from 'sniping', all bids made in the last minute of the auction will force an item to stay open for an additional 4 minutes. This will continue until all bidding has ceased. STRATEGY: Bidding is similar to Ebay type auctions, we recommend that ALL BIDDERS put in their maximum bid when placing a bid online. This does not mean you will have to pay the amount you bid; you only pay one bid more than the next highest bid, and only up to your maximum bid. The software system will play out the bids as you would at a live auction and only uses the funds required to beat out the under-bidder at the prescribed bid increment. CATALOGUE ERRORS & OMISSIONS: If a description does not match a picture in a lot, the description takes precedence. All items are sold on an 'as is, where is' basis, with all faults. In the event an item was listed in error or an item can't be located during pick up for any reason, the bidder agrees that their maximum recourse is a full refund of the item in question and that all other items bid on remain binding. ONSITE AUCTION SPECIFICS - Inevitably with large sales being held on-site that we do not have exclusive control over a very small number of items tend to be lost or disappear from when we began cataloging a month earlier. Although we wish this never happens certain things are beyond our control. In the event an item can't be located please accept out sincere apologies. Your sole recourse in the event an item can't be located is a refund of the item in question. By bidding you agree to these terms. With onsite auctions we are at the mercy of the landlord ot owner of the property. In the event due to circumstances beyond our control we are denied or prevented from accessing the property for removal. All Auction bidding will be considered null and void and the auction will be nullified and no bidders will be charged. We will proceed with action against the lanlord or asset owner that prevented access and any punitive damages collected beyond our out of pocket expenses will be divided between succesful bidders based on their purchase percentage of the sale. LIMITATION OF LIABILITY You expressly understand and agree that Principal Liquidators Inc and it's Consignors shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if Sebae has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the service; (iii) unauthorized access to or alteration of your transmissions or data; (iv) statements or conduct of any third party on the service; or (v) any other matter relating to the service. By bidding you are acknowledging agreement with the terms above. Do not bid unless you agree to all of these terms. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 24.00 1.00 CDN
24.01 - 195.00 5.00 CDN
195.01 - 490.00 10.00 CDN
490.01 - 975.00 25.00 CDN
975.01 - 1,950.00 50.00 CDN
1,950.01 - 9,999,999.99 100.00 CDN
Currency CDN
Buyer Premium 15% Buyers premium applies
Payment Terms
You must have a valid billable credit card on file. You can pay Via Cash, Debit, Visa or Mastercard during the pick up times. You must pay in person at time of pick up. If you do not pick up during the posted times, your card on file will be billed including the first day storage fee. Items will not be released until payment has been made in person.
All items must be picked up ON LOCATION at 31 Tapscott Road in Scarborough (Malvern Town Center Plaza) on Sunday January 22nd from Noon to 6PM or Monday January 23rd from 10AM to 6PM. Any items not picked up by 6pm Monday will be deemed abandoned and the full amount will be billed to your card on file.