Name Authorized Equipment Services Business Liquidation
Auctioneer Morris Realty & Auction
Type Online-Only Auction
Date(s) 5/15/2018 - 5/22/2018
Bidding Closes Tuesday May 22nd 6:00 p.m.
Preview Date/Time Sunday May 20th 2:00 - 4:00 & Monday May 21st 4:00 - 6:00
Checkout Date/Time Wednesday May 23rd 12:00 - 6:00.
Location 812 Polk Ave.
Memphis, TN 38126
Buyer Premium 10% Buyers Premium applied
Description
PLEASE READ ALL TERMS & CONDITIONS! This auction includes tens of thousands of parts to repair tools & equipment made by many major manufacturers such as: Hilti, Chicago Pneumatic, Omega, Milwaukee, Makita, Alemite, Bosch, Hitachi, Sioux, Dewalt, Ingersoll-Rand, Lincoln, Graco & Campbell Hausfeld. This auction also includes many air tools, most new in the box, jacks, saw blades, jack testing stations, band saw, hydraulic hose crimping tool, brake lathe, and much much more.
Who May Bid: This is a PUBLIC AUCTION and everyone is invited to register, bid and buy at this auction; there is no cost to register and bid, however all participants must be 18 years of age or older. Registration: All bidders are required to enter a valid credit card to register. Once you register, you must speak to one of our staff to provide us the security code for that card. No one will be approved to bid until you agree to these Terms & Conditions and you have provided the security code. No Warranties: All auction properties are sold in "as is, where is" condition. Seller makes no warranty as to the condition or the specific usefulness of any item sold. There are no refunds or exchanges. Buyer's Premium: A buyer's premium of thirteen percent (13%)will be added to the high bid to determine the total price to be paid. The full amount of the bid and buyer's premium must be paid in full immediately after the auction. Inspection: All items should be inspected must be made prior to the auction date. Please do not bid on any property until you have thoroughly inspected the property. Please call 901-565-7770 to schedule an inspection. Payments: Payments must be in the form of credit card unless you make other prior arrangements for other form of payment. All items will be paid for in full immediately following the auction on the credit card you used to register. You will not be approved to bid until you speak with one of our team to review the Terms and Conditions of the auction and you provide us the security code on your credit card. After the auction you will receive an email with your Paid Invoice which lists the items that you won in the bidding. Picking up your item: All items MUST be picked up on the dates and times posted for this auction. If you are unable to pick up your items during these published times, DO NOT BID. If you bid and are charged for items that you are the high bidder on and you do not pick them up during the published load out times, you will still be charged for the items, but they will be donated to a charity. Pick up only the items you purchase: Please treat others as you wish to be treated and DO NOT pick up items that you did not purchase. All violators of this policy will be prosecuted to the full extent of the law if you are caught picking up items that you did not buy. Disclaimer: Announcements made at the auction supersede all printed material. Morris Realty & Auction has attempted to provide accurate descriptions of all items, however, it is the bidder's responsibility to determine the condition and suitability of each lot. Printed statements or descriptions by Morris Realty & Auction's staff are provided in good faith and are matters of opinion. All lots sell as is, with all faults. Morris Realty & Auction and the seller do not give or make any type of guarantee or warranty regarding the lots to be sold, implied or otherwise. Technology: Morris Realty & Auction is not responsible for any technical problems that you experience while bidding that are beyond our control such as Internet connection or computer Sales Tax: No sales tax will be charged for this auction. Debt Collection and Interest Charges: The buyer agrees to pay all reasonable attorney fees and other costs incurred by Morris Realty & Auction in its efforts to collect unpaid funds from the buyer. The buyer agrees that a fee of 2% of the outstanding balance per month be added to any unpaid balance due Morris Realty & Auction. Any debt collection or dispute proceedings will be heard in Shelby County, Tennessee Bidder Information and Security: All registration information the bidder provides to Morris Realty & Auction shall be current, complete, and accurate. All bidders are responsible for any bids placed under their bidding numbers and passwords. The security of bidder information is the responsibility of the bidder. Bidders must notify Morris Realty & Auction if they believe that their bidder number and password have been compromised.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 4.00 5.00 USD
4.01 - 10.00 2.50 USD
10.01 - 47.50 2.50 USD
47.51 - 95.00 5.00 USD
95.01 - 199.00 10.00 USD
199.01 - 240.00 10.00 USD
240.01 - 975.00 25.00 USD
975.01 - 1,900.00 50.00 USD
1,900.01 - 2,450.00 50.00 USD
2,450.01 - 4,900.00 100.00 USD
4,900.01 - 9,750.00 250.00 USD
9,750.01 - 49,500.00 500.00 USD
49,500.01 - 9,999,999.99 123.45 USD
Currency USD
Buyer Premium 10% Buyers Premium applied
Payment Terms
Payments must be in the form of credit card unless you make other prior arrangements for other form of payment. All items will be paid for in full immediately following the auction on the credit card you used to register. You will not be approved to bid until you speak with one of our team to review the Terms and Conditions of the auction and you provide us the security code on your credit card. After the auction you will receive an email with your Paid Invoice which lists the items that you won in the bidding.
All items must be picked up in person. We do not offer any shipping services. All items must be picked up Wednesday May 23rd between 12:00 and 6:00 p.m. Please bring any boxes, shipping materials, or help with you.