ANY ANNOUNCEMENTS MADE DAY OF AUCTION SUPERSEDES ANY MADE PREVIOUS. WHILE ALL ITEMS HEREIN ARE DEEMED TO BE CORRECT, AUCTIONEER, AUCTIONEER'S AGENTS, OR ASSIGNS ASSUME NO RESPONSIBILITY FOR QUANTITY, QUALITY, OR PRESENCE AT OR ON DAY OF AUCTION. DESCRIPTIONS ARE NOT GUARANTEED. ALL ITEMS SOLD WILL BE SOLD AS IS, WHERE IS WITH NO WARRANTY EXPRESSED OR IMPLIED. PURCHASER SHOULD MAKE HIS/HER OWN INSPECTIONS BEFORE BIDDING AND RELY SOLELY ON THAT INFORMATION WHEN MAKING A PURCHASE. MERCHANDISE BECOMES THE SOLE RESPONSIBILITY OF PURCHASER FROM THE MOMENT AUCTIONEER DECLARES THE ITEM SOLD TO THE SUCCESFUL BIDDER.
FEES & CHARGES FOR EQUIPMENT AUCTIONS
CONSIGNMENT FEES
MOTORIZED VEHICLES EXCLUDING LAWN MOWERS:
-
8% FIRST $10,000.00
-
6% NEXT $10,000.00
-
4% THEREAFTER
EVERYTHING ELSE INCLUDING IMPLEMENTS AND TRAILERS:
- 10% FIRST $10,000.00
- 8% NEXT $10,000.00
- 6% THEREAFTER
SMALL ITEMS MAY BE AT A RATE OF 20%-25%
$5.00 MINIMUM COMMISSION PER LOT!
RESERVES
WE ALLOW RESERVES (MINIMUMS) TO BE SET, BUT WE DO NOT ACCEPT ANY UNDER $500.00. IF AN ITEM DOES NOT SELL AT THE FIRST AUCTION, YOU MAY LEAVE IT AND IF IT HAS A RESERVE SET YOU WILL BE ASKED TO LOWER IT FOR THE SECOND AUCTION. IF IT STILL DOES NOT SALE, THEN THE THIRD AUCTION IT WILL SELL ABSOLUTE OR YOU WILL NEED TO PICK THE ITEM BEFORE THE WEEK OF THE THIRD AUCTION.
PO FEES
WE DO NOT CHARGE PO FEES AT THIS TIME. ABSOLUTELY NO "FENDER TRADING" IS ALLOWED. IF IT SELLS, IT GOES THRU US--NO EXCEPTIONS!
BUYER'S PREMIUM
GENERALLY SPEAKING, OUR EQUIPMENT AND MACHINERY AUCTIONS (SATURDAY AUCTIONS) WILL CARRY A 10% BUYER'S PREMIUM ON ALL INDIVIDUAL PURCHASES UNDER $100.00 ONLY (PER PIECE, PER LOT). I.E. A LOT CONSISTING OF 25 PIECES OF IRON AT $5.00 PER PIECE IS $125.00...THIS WILL CARRY A 10% BUYER'S PREMIUM. THERE WILL BE NO BUYER'S PREMIUM ON INDIVIDUAL LOT PURCHASES IN EXCESS OF $100.01.
TITLE FEES
THE BUYER IS CHARGED A $30 FEE FOR TITLED VEHICLES, & VEHICLES WITH MSO FORMS. THIS IS PER TITLED VEHICLE. FEES FOR PROCESSING LICENSE RECEIPTS IS SLIGHTLY LESS. TITLE AND PAPERWORK FOR PROCESSING IS SENT TO YOU VIA CERTIFIED MAIL, RETURN RECEIPT REQUESTED. YOU WILL STILL HAVE TO PAY THE TAX COLLECTOR TO REGISTER YOUR VEHICLE; ie: LICENSE & RELATED FEES AND ANY APPLICABLE TAX. WE DO NOT SEND OUT "OPEN" TITLES AND YOU SHOULD MAKE SURE DAY OF AUCTION THAT OUR OFFICE HAS A CLEAR UNDERSTANDING OF THE NAME AND SPELLING OF THE PERSON'S NAME THAT IS TO BE PLACED ON THE TITLE. WE ALSO DO NOT "HOLD" TITLES.
PAYMENTS
IF YOU PAY BY CREDIT CARD, A 3% ADMINISTRATIVE FEE WILL BE CHARGED FOR USE OF YOUR MASTERCARD, VISA, AMERICAN EXPRESS, OR DISCOVER.
FEES AND CHARGES FOR ANTIQUES, COLLECTIBLES AND HOUSEHOLD ESTATE AUCTIONS
CONSIGNMENT FEES
CONSIGNMENT FEES WILL BE BASED ON THE ITEMS BEING CONSIGNED. IF YOU HAVE A LARGE QUANTITY OF ITEMS TO SELL, WE WILL BE HAPPY TO COME LOOK AT WHAT YOU WISH TO CONSIGN AND GIVE YOU A QUOTE. OTHERWISE, WE WILL GIVE YOU A CONSIGNMENT FEE AT THE TIME THAT YOU BRING YOUR ITEMS IN TO CONSIGN.
MINIMUM COMMISSION OF $2.00 PER LOT MAY APPLY.
BUYER'S PREMIUM
THESE AUCTIONS WILL CARRY A 10% BUYER'S PREMIUM ON ALL PURCHASES.
PAYMENTS
NORMALLY THERE IS NOT A CREDIT CARD CONVENIENCE FEE FOR THESE AUCTIONS. HOWEVER, THERE MAY BE EXCEPTIONS SO PLEASE CHECK US BEFORE THE AUCTION IF YOU HAVE ANY QUESTIONS REGARDING THIS.
PAYMENT POLICY EFFECTIVE DECEMBER 19, 2003.
PAYMENT IS DUE IN FULL DAY OF AUCTION IN THE FORM OF CASH, CASHIER'S CHECK OR PERSONAL CHECK WITH BANK LETTER OF CREDIT, OR CREDIT CARD. IF WE HOLD A 2 DAY AUCTION, PAYMENT IS DUE IN FULL AT THE CLOSE OF EACH DAY UNLESS WE ANNOUNCE OTHERWISE!!!!
PLEASE DON'T BE OFFENDED BY THE FOLLOWING, BUT DUE TO FOLKS THAT SEEM TO HAVE LITTLE PROBLEM WRITING A CHECK AND A BIG PROBLEM IN GETTING THE MONEY IN THE BANK ON TIME, EFFECTIVE IMMEDIATELY, THE FOLLOWING POLICY REGARDING PAYMENT BY PERSONAL OR BUSINESS CHECK WILL BE IN EFFECT!!
IF YOU CAN'T PAY FOR IT, DON'T BUY IT!!! IT'S THAT SIMPLE!! WHEN YOU BUY IT, IT'S SOLD WITHOUT WARRANTY, AS IS AND IT'S YOUR RESPONSIBLIITY FROM THE MOMENT IT'S DECLARED SOLD TO YOUR NUMBER.
IF YOU ARE KNOWN TO US AND HAVE ESTABLISHED A GOOD HISTORY WITH US, WE RESERVE THE RIGHT ON AN INDIVIDUAL CASE BY CASE BASIS TO WAIVE LETTERS OF GUARANTEE BY THE BANK AND ACCEPT YOUR CHECK. IF IN DOUBT, YOU SHOULD CHECK WITH THE OFFICE. WE KNOW MANY OF YOU, AND YOU HAVE EARNED OUR COMPLETE TRUST & RESPECT.
IF IT IS YOUR FIRST TIME TO ATTEND OUR AUCTION, WE WELCOME YOU AND LOOK FORWARD TO MEETING YOU AND GETTING TO KNOW YOU. WE WILL REQUIRE THE FOLLOWING REGARDING PAYMENT FOR PURCHASES: BANK LETTER OF GUARANTEE TO MAYER AUCTIONEERING GUARANTEEING YOUR CHECK IN THE AMOUNT OF YOUR PURCHASE TO BE PRESENTED AT THE TIME OF REGISTRATION. IF YOU DO NOT HAVE ONE, YOU MAY BE EXTENDED THE RIGHT TO PURCHASE MERCHANDISE UP TO A PREAGREED AMOUNT, (THIS IS ON A CASE BY CASE BASIS AT OUR OPTION; NOT YOURS). BUT IN ANY EVENT, YOU WILL BE EXPECTED TO LEAVE ALL MERCHANDISE ON THE YARD UNTIL YOUR CHECK CLEARS THE BANK OR YOUR BANK CAN FAX US A LETTER OF GUARANTEE THE NEXT BUSINESS DAY FOLLOWING THE AUCTION.
MERCHANDISE WILL BE LEFT AT BUYER'S OWN RISK, NOT OURS.
WE WILL NOT ACCEPT POST DATED CHECKS AND WE WILL NOT "HOLD" ANY CHECK FOR A "DAY OR TWO" AS THIS IS VIEWED UNDER THE TERMS OF TEXAS LAW AS AN EXTENSION OF CREDIT. ALL CHECKS WILL BE DEPOSITED FOR COLLECTION AT THE CONCLUSION OF THE AUCTION DAY...NO EXCEPTIONS.
DUE TO THE NATURE OF SOME MERCHANDISE AND LEGAL REQUIREMENTS OF CERTAIN SPECIFIC CONSIGNORS, WE MAY REQUIRE THAT MERCHANDISE BE LEFT ON OUR YARD UNTIL "GOOD FUNDS" ARE RECEIVED. WE APOLOGIZE FOR THIS IN ADVANCE, BUT WE WILL ANNOUNCE THESE SPECIFIC TERMS PRIOR TO SALE OF ANY OF THESE ITEMS. THIS IS PARTICULARLY TRUE OF MERCHANDISE BEING SOLD THRU THE COURT OR BY COURT ORDER.
WE DO NOT ACCEPT DRAFTS OR WIRE TRANSFERS INTO OUR BANK ACCOUNT AFTER THE CONCLUSION OF THE AUCTION. WE ARE SORRY BUT THIS GOT ABUSED TOO MAY TIMES! IF YOU NEED TO WIRE TRANSFER, YOU SHOULD DO SO PRIOR TO THE AUCTION EVENT AND FUNDS MUST BE IN PLACE PRIOR TO YOU MAKING PURCHASE. WE WILL REFUND TO YOU ANY MONEY DUE TO YOU BY CHECK.
ANY MERCHANDISE PAID FOR BY CASH MAY BE IMMEDIATELY REMOVED FROM OUR FACILITY UPON RECEIPT OF A PAID CHECK-OUT INVOICE. NO REMOVALS UNTIL MERCHANDISE IS PAID FOR IN FULL--NO EXCEPTIONS. THE SAME WILL APPLY TO CREDIT CARD PURCHASES. ALL CREDIT CARD PURCHASES, SAME AS ANY OTHER, WILL BE CONSIDERED FINAL. NO STOP PAYMENT OF ANY KIND WILL BE ALLOWED. (THE SAME TERMS AS A RETURNED CHECK WILL BECOME APPLICABLE)
PAYMENT BY CREDIT CARD ON OUR SATURDAY (MACHINERY AND EQUIPMENT) AUCTIONS ONLY WILL CARRY A 3% CONVENIENCE FEE ADDED TO EVERY PURCHASE. SUNDAY "ANTIQUE & COLLECTIBLE" AUCTIONS TRADITIONALLY WILL NOT CARRY A CONVENIENCE FEE FOR USE OF CREDIT CARD. IF IN QUESTION, YOU SHOULD CHECK WITH THE OFFICE AS TO DETAILS CONCERNING PAYMENT BY CREDIT CARDS AND PAYMENT BY CREDIT CARD ON ANY AUCTIONS NOT HELD AT OUR FACILITY.
IF FOR ANY REASON, YOUR CHECK DOES NOT CLEAR THE FIRST TIME IT IS PRESENTED AT YOUR BANK YOU ARE AUTOMATICALLY ON 90 DAY PROBATION WHICH MEANS THAT NO MERCHANDISE THAT YOU MAY PURCHASE DURING THAT PERIOD WILL LEAVE THE YARD UNTIL YOUR CHECK CLEARS THE BANK. ANY MERCHANDISE YOU MAY HAVE STORED ON OUR FACILITY GROUNDS FROM PREVIOUS AUCTIONS WILL BE HELD AS WELL UNTIL YOUR "BOUNCED" CHECK CLEARS. YOU MAY HOWEVER, PAY BY CREDIT CARD OR CASH OR PERSONAL CHECK WITH BANK LETTER OF GUARANTEE AND YOUR MERCHANDISE WILL BE RELEASED UPON PAYMENT IN FULL. IF IN THE EVENT THAT THE ERROR IS THE FAULT OF YOUR BANK, WE WILL WAIVE THE 90 DAY PROBATION UPON RECEIPT OF A LETTER ON YOUR BANK'S LETTERHEAD.
OUR POLICY FOR A "HOT CHECK" OR "BOUNCED CHECK" OR RETURNED CHECK FOR ANY REASON
WE WILL, IMMEDIATELY AND WITHOUT HESITATION PROSECUTE YOU TO THE FULLEST EXTENT ALLOWED BY LAW; SO PLEASE, PLEASE DON'T WRITE US ANY "HOT" CHECKS.
SALES TAX EXEMPTION
SALES TAX WILL BE COLLECTED AT A RATE OF 8.25% UNLESS PROOF OF CURRENT RESALE CERTIFICATE IS ON FILE OR A CURRENT SIGNED FARM USE AFFIDAVIT IS SIGNED AND ON FILE! IF ANY HEAVY MACHINERY IS SOLD THAT QUALIFIES FOR THE 1% HEAVY EQUIPMENT TAX CHARGED BY THE STATE OF TEXAS THAT WILL ALSO BE COLLECTED AT POINT OF SETTLEMENT.
NO EXCEPTIONS!!
FOR THE PROTECTION AND MUTUAL BENEFIT OF ALL CONCERNED, THERE WILL BE NO EXCEPTIONS MADE TO THESE TERMS. WE WANT TO THANK EVERYBODY IN ADVANCE FOR THEIR COOPERATION AND UNDERSTANDING IN THIS MATTER.
THANKS TO YOUR SUPPORT, WE LOOK FORWARD TO GROWING AND EXPANDING OUR BUSINESS. WITHOUT YOU, THE SELLERS AND BUYERS, OUR AUCTION WOULD NOT BE POSSIBLE AND WE SINCERELY APPRECIATE EACH OF YOU! 
