How to Register?
  • Create a new user account via the “My Account/Sign In” tab and set your password during registration. After you submit your registration, you will immediately receive an email confirming that your registration request has been received and is under review.
  • Once your registration is submitted, your account will be reviewed by our team. This approval process helps us ensure that all bidders and buyers are legitimate and authorized. Once your account has been reviewed, you will receive a second email notifying you whether your account has been approved or rejected. Approved users will then be able to sign in and begin bidding.
What is Proxy Bid?
Proxy bidding, also known as automatic bidding, is a feature that does the bidding on your behalf, ensuring you remain the highest bidder up to your maximum bid amount. Here’s how it works:

Place your bid: Enter the maximum amount you’re willing to pay for an item. This is kept confidential and not visible to other bidders.

Automatic Bidding: Our system automatically places bids on your behalf, starting at the lowest possible amount and only increasing in pre-set increments to maintain your position as the highest bidder. If another bidder places a higher bid, our system automatically increases your bid to outbid them, up to your maximum limit.

Win at Your Price, with Reserve Consideration: If the auction ends and your bid is the highest, below your maximum, our system will conduct a final check against the reserve price. Here’s how it works in detail:

Matching the Reserve: If your maximum bid is at or above the reserve price, but no one else has bid higher than the starting bid, the system will adjust your winning bid to meet the reserve price, not your maximum bid. This ensures you win the item at the fairest price.

Example Scenario: Imagine the reserve price is $10000, with the starting bid at $8000. If your maximum bid is $12,000 and your initial automatic bid is placed at $8,000, the system will adjust your winning bid to $10,000 to meet the reserve price by the auction’s end, assuming no other higher bids are placed.

This process ensures that you can win the auction at a price that is fair and reflective of the seller’s minimum acceptable price, without exceeding your maximum bid limit.

What is Anti Snipping?
To maintain fairness and give every bidder a chance to win, our auction system includes an anti-sniping feature. Here’s how it works:

Extended Bidding Time: If a bid is placed within the last 5 minutes of the auction’s scheduled end time, the auction duration is automatically extended by an additional 15 minutes.

Continuous Extension: This extension process repeats with every bid placed in the final 5 minutes, ensuring no one can win an auction by placing a last-second bid without giving others the chance to respond.

Equal Opportunity: By extending the auction time, we ensure that all interested bidders have a fair chance to place their bids, making the auction experience more engaging and competitive for everyone.

What is Reserve Price?
A reserve price is the minimum price that the seller is willing to accept for an item. This price is not disclosed to bidders. The reserve price is not shown to bidders. Bids below this amount will not win the auction, even if they are the highest bid.

Meeting the Reserve: Once bidding reaches or exceeds the reserve price, the item is guaranteed to sell to the highest bidder at the auction’s end. If the reserve price is met, it will be indicated in the listing that the reserve price has been met.

Unmet Reserve Price: If the auction ends and the reserve price is not met, we will decide whether to relist the auction or ask the bidders to see what the highest price they are willing to offer.

Payment Method for Vehicle
Vehicle payments can only be made using a Draft, Certified Cheque, or Cash.
What does ``Dealer Only`` mean?
If an item is marked as “Dealer Only,” you need to have a dealer license to bid on it. Please refrain from bidding on “Dealer Only” auctions without a license. If you win such an auction without the proper license, you will be charged a non-refundable deposit of $500.
Our Fees

All auction and Buy Now items are subject to GST (5%), PST (7%) and a Buyer’s Fee (15% on most items).

For Motor Vehicles, RVs, Travel Trailers/Campers, Boats, and Motorcycles, please note the following fees:

GST (5%): Goods and Services Tax at a rate of 5% will be applied to the final purchase price.

Buyer’s Fee: A Buyer’s Fee based on the final purchase price will also be applicable. The fee structure is as follows:

Price Range Buyer’s Fee
$0 – $9,999 $499
$10,000 – $19,999 $749
$20,000 – $29,999 $999
$30,000 – $39,999 $1,249
$40,000 – $49,999 $1,499
$50,000 – $59,999 $1,749
$60,000 – $69,999 $1,999
$70,000 – $79,999 $2,249
$80,000 – $89,999 $2,499
$90,000 – $99,999 $2,749
$100,000 – $109,999 $2,999

 

In addition to these fees, for Motor Vehicles, RVs, Travel Trailers/Campers, Boats, and Motorcycles, a $125.00 CAD Documentation Fee will be applied.

Post-Auction Collection and Payment on Household Items
  • After the auction ends, the buyer has until 2 PM on the next business day to pick up their item(s).
  • Payment must be made upon pick up using one of the following methods:
    • Debit Card
    • E-Transfer