Closing your business? Assets to Sell?  604.881.2253/1.800.910.1211 sales@ableauctions.ca

How Auctions Work

HELP! I'VE NEVER BEEN TO AN AUCTION BEFORE & DON'T KNOW WHAT TO DO!

WAYS TO BID

Many aspects of our auction process have changed due to Covid but our auctions remain a safe, fun way to purchase all kinds of product.  We no longer offer in person bidding; however, we have in person socially distanced previews the day prior to each auction, absentee online & live online bidding, online payments and scheduled pick ups.  

 

BID ON-LINE (LIVE)

Register online then log in for the live auction bidding. Please make sure your first & last name are spelled out in full and that they match your name on your credit card.  If there is any discrepancy it will delay your approval.

During the auction you can bid live, in real time as the items are sold.  The items are sold in numeric order and we sell approximately 100 lots per hour.  By clicking on the green "bid" button, you are effectively "raising your bidder paddle" at the live auction.  Please watch this short video Live Auction Video.

You must use a PC or laptop.  Phones & devices no longer have the ability to bid live.

ONLINE ABSENTEE BIDS

Once a catalogue is posted, prior to the auction, you can log in to the website and leave pre bids. These are basically online absentee bids. You enter the maximum amount you are willing to pay for the item and the computer will bid on your behalf during the auction until your maximum has been reached or until you have won the item. Please watch this short video Online Absentee Bidding Video.


HOW TO REGISTER

ONLINE REGISTRATION
Register at www.ableauctions.ca. Click on Get approved to bid on the auction you are interested in. You will need a credit card and a valid email address in order to complete the registration process. You will only need to fill out this form once to be permanently registered for online bidding. It is best to complete this process at least 24 hours prior to the start of the auction to ensure you receive your user name and password in time to participate in the auction. Please read all posted terms and conditions and keep in mind that you must correctly fill in all the required information to be approved for online bidding. The approval process is not instant and all your information must be verified.




AUCTION TERMS & CONDITIONS

When you register online you must be aware of the auction terms and conditions. Online bidders must read and agree to the terms and conditions when they log-in to preview or bid online.

PREVIEWING THE ITEMS

PREVIEW IS GENERALLY THE DAY PRIOR TO THE SALE FROM 10AM TO 4:30 PM.
Preview is the most important part of the auction. Examine the items you want to bid on carefully. Make notes in your catalog. Write down the price you are willing to pay for the items you want. We strongly encourage previewing in person before placing any bids. There is always a preview, generally on the day prior to the auction for you to view the items and test any equipment if possible.
All items are sold "as is, where is" regardless if you have previewed and inspected the item or not. Please remember that the catalog is to be used as a guide only and you are expected to preview the items and make your own assessments.

BIDDING

This is the fun part!  The auctioneer announces the lot number and describe the items (s)he is currently selling. Then the bidding starts. This auction process is fast paced. Please read the descriptions and watch as a few items are sold to get a feel for how it works. The auctioneer will suggest a starting price: "Who'll give me one thousand dollars to start?" If nobody wants to start at that price, the auctioneer will lower the amount until someone bids. By clicking on the green "bid" button, you are effectively "raising your bidder paddle" at the live auction.  Please watch this short video Live Auction Video.

A clerk will write down the winning amount and the buyer number. Sometimes, there will be several items of similar description & value. For instance, lots 1,2,3 and 4 are all boardroom chair. Before selling the items, the auctioneer will announce, "We are now offering 4 boardroom chairs. Let's give choice on these four chairs". This means that the highest bidder, once the auctioneer says "Sold!" will be given option and choice on the chairs. Perhaps the high bidder only wants one chair and knows that he would like lot 4. He must tell the auctioneer and clerk this before the auctioneer begins selling the next item. Once an item has been sold and clerked, the auction clerk and the auction office cannot make changes to lot assignments. Generally, the auctioneer will only give option and choice to the high bidder and will then "dish out" the remaining items in numerical order to the back-up bidder and then to any other bidders who would like the remaining items at the highest bid price.

PAYMENT

You may pay for purchases under $999 with Visa or MasterCard, amounts over $999 are to be paid with E-transfer to payment@ableauctions.ca, EFT or wire. We do not take any in person payments due to Covid protocols. Complete terms are always listed in your catalog. Again, please read them carefully!

Once you've paid we will book you a time for pick up.   Times are set and need to be followed.  **Please make sure you are able to make your scheduled pick-up time.  Due to the amount of people rescheduling their pick-up times we find it necessary to implement a $50 rescheduling fee. . It is important for the health and safety of our staff and other bidders that you show up on time.  If you don’t make your scheduled time you will need to send an e transfer to payment@ableauctions.ca $50 before you will be allowed to bid at future auctions. **

CHECK OUT

Once you have paid for your items in full, you will be given a paid invoice. Pick up is by appointment ONLY! You are responsible for the removal of your own goods.  This includes bringing any boxes, tools or assistance you need to lift/move.  All items must be removed by the deadline stated on your invoice. It is the day of the auction or the next working day.  
End of Auction! We hope you've had fun and found some great deals in the process!