- Available delivery methods (select when bidding)
- Price
- Customer Pick-up
(within 10 days) at Seller location (see more info in Description)
- $19.95
- Standard Shipping (5-7 business days)
- Not Applicable
- Expedited Shipping (2-4 business days)
- Not Applicable
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- Bidder
- Date
- Time
- Unit Price
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A Bid Deposit is required in order to participate in certain auctions. The deposit is based on a percentage of the value of that asset.
At this time, the Bid Deposit is only payable via Wire Transfer (electronic transfer of funds from bidder’s bank to PropertyRoom.com’s bank). As each Bid Deposit is unique to the auction, we are unable to accept bulk bid deposit payment for multiple auctions. Bid Deposit instructions will include unique bidder ID and are provided during the initial stage of the bidding process. Those instructions will include vital details necessary to facilitate transfer of funds and auction participation. It is advisable for the bidder to print this unique information and bring it to their bank when coordinating the wire transfer.
There is a significant processing time for wire transfers, so it is in the bidder’s best interest to wire transfer the Bid Deposit in a timely fashion. Bid Deposits must be received no later than 4 hours prior to close of auction. Any Bid Deposits received outside of that time frame will not be accepted and will be promptly refunded.
Once the Bid Deposit is processed, access to the auction will be granted. The bidder will receive a notification to confirm access to bid participation.
Winners: The winner of the auction will receive a Winning Bid notification that will include instructions on payment of balance due. (hyperlink to page that includes wire transfer info/instructions) *The winner’s Bid Deposit will be applied as a down-payment toward the final winning bid amount.
Non-Winners: All participants who do not win the auction will have their Bid Deposits refunded via check as issued by PropertyRoom.com. Processing time for Bid Deposit refunds is within 1-3 business days. Non-winners will be notified by email with their check information and when to expect the refund.
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