Tips on Buying at Auction Sales

1. Before the auction, obtain a Catalogue of items on sale, if available, to make sure what you are looking for is available, especially if you are travelling a long distance to attend the auction. Alternatively, consult the relevant newspaper advert of the auction or phone the Auctioneer.

2. View the property or inspect movable items thoroughly before bidding at an Auction because most items are sold “as is” without any guarantee.

3. When bidding on items always remember that there might be added costs such as VAT and Auctioneers costs to be added to the final bidding price. Listen carefully to the Conditions announced by the Auctioneers at the start of the sale or read any printed conditions available, to make sure you are aware of any added costs.

4. Be sure you bid on the correct item. Once an item or lot has been knocked down it is at your risk and the purchase cannot be cancelled. The Auctioneer can, at his discretion, re-submit the item or lot but you will be liable for any shortfall, or alternatively you may forfeit the registration deposit.

5. Don’t overspend – you have to pay for your purchases on the day of the sale.

6. If you are attending a vehicle auction make sure you have your ID Document or Driver’s Licence available.