NYMES LLC/ RUST BELT REVIVAL ONLINE AUCTION TERMS
By submitting a bid on any Rust Belt Revival sale you (the bidder) agree to all terms listed below in addition to any additional terms per individual sale.
Bidder Registration: All bidders are required to provide a valid credit card upon registration. If a bidder does not show up for a pick-up during the designated time or make arrangements before the end of the pick-up window, the card on file will be charged the total invoice amount as well as any associated fees. By bidding with us you agree that we may charge your credit card if necessary. Unpaid invoices will be charged. NYMES LLC agrees to not share or sell any of the bidder's private information.
Buyers Contract: A bid is a legally binding contract. Buyers are responsible for honoring their purchases and payment is expected in full before leaving the premises with your items.
Auction Closing Schedule: Unless otherwise noted each online auction closes two (2) items per minute, unless a is bid made within the two (2) minutes, then the listed item will automatically be extended for an additional (2) minutes.
Bid Increments: Bid increments are as follows $1.00 increments Up to $25.00, $2.00 increments up to $50.00, $5.00 increments up to $100.00, $10.00 increments up to $250.00, $20.00 increments up to $500.00, $50.00 increments up to $1000.00, $250.00 up to 10,000
Payment: We take Cash, Debit & Credit Cards. We do not take personal or business checks. There will. be an added 10% buyer's premium to each invoice and a 3% additional fee for card processing over $10.00 there is a flat $5.00 minimum charge for credit cards the fees may be charged after the invoice is paid when paying with a debit or credit card. Unpaid invoices will be collected using Credit Card on file. There will be a $5.00 Credit Card Fee assessed to any unpaid invoice under $10.00 this is in addition to any Disposal Fee. Disposal fees are at the discretion of the Auction Manager and may vary.
Merchandise Pick-up: Pick-up location will be posted on the winning bidder's invoice along with the prescribed pickup time. If you cannot make the pick-up time please do not bid, there will be no alternative pickups offered. No merchandise will be removed from a location or transferred to another location unless paid in full. Failure to Pick-Up or Pay for Merchandise: If a buyer fails to contact the Auction Manager or fails to show up to pick up their items they will immediately have their credit card on file charged and may lose bidding privileges. Bidding privileges will only be reinstated when the buyer pays all invoices in full whether or not the merchandise is still available to the buyer. A $10.00 disposal fee may be added to the invoice total or $20.00 for general furniture disposal and a $50.00 disposal fee for larger items including but not limited to Book Cases, Sofas, Sectionals, Appliances, Musical Instruments and Buy-Out Lots.
Shipping: Some items are shippable. Please refer to sale-specific shipping terms within each online auction.
Transfer of Merchandise: If a seller agrees to transfer an item for an alternative pick up it is the responsibility of the buyer to arrange pick-up within ten (10) business days. After ten (10) business days the items will be considered abandoned and forfeited and become the property of the seller. A minimal fee of $10.00 or more depending on the size of the item at the discretion of the auction manager will be charged for all transfers, with no exceptions.
Inspection of Merchandise: Please inspect your items closely before leaving the property, once you have left the property the items purchased are yours. Conditions are written to the general reference of interpretation. Please consider this when purchasing your estate items most are in used condition and will show general signs of wear. If you need additional information about an item or would like to see the piece, please contact the Auction Manager listed for that particular sale.
Untested Merchandise: We cannot test all items, therefore, items sold as "Untested" are sold AS-IS with no warranties expressed or implied.
Use of Site: NYMES LLC/ Rust Belt Revival and its Associate Sellers cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continuous, uninterrupted, or error-free service or use of the Site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. NYMES LLC/ Rust Belt Revival, in its sole discretion, may void any sale, temporarily suspend bidding, and re-sell any item/lots that were affected by any malfunction. The decision of the NYMES LLC/ Rust Belt Revival is final.
Indemnification: Buyer agrees to indemnify NYMES LLC, its affiliates, or clients for any damages or losses. Buyer will not hold NYMES LLC, its owners, affiliates, clients, or its employees, liable for accidents, injury, theft, or incidents related to this purchase.
NYMES, Inc. (“NYMES) authorizes Sellers to publish auctions on www.bidrustbelt.com under the following terms and conditions:
Requesting publication of a sale equals acknowledgement and agreement to the terms and conditions
Each auction published by Seller shall contain a minimum of 125 separate items.
Seller must have a Stripe account. Following Seller’s training session, Seller’s Stripe account will be connected to the NYMES Stripe Account. All auction transactions will be processed through Stripe.
Seller agrees to pay NYMES a buyer’s premium equal to 10% of the price of each item sold at auction. Seller will collect the buyer’s premium, which will be added automatically onto the price of the item at checkout. Seller will pay NYMES its 10% buyer’s premium by Stripe, credit card, check, or other negotiable instrument. The payment shall be made within 30 days of the close of the auction.
Seller authorizes NYMES to charge the 10% buyer’s premium to Seller’s Stripe account or credit card if Seller fails to pay NYMES the buyer’s premium within 30 days of the close of an auction. Seller authorizes NYMES to charge Seller’s Stripe account or credit card with any fees associated with its charge of the buyer’s premium.
Seller authorizes NYMES to refund the purchase price paid by an auction customer of Seller if Seller fails to fulfill the sale within 30 days of the close of an auction.
NYMES may terminate this agreement with 30-days notice to Seller. Seller acknowledges that Seller’s auctions should gross a minimum of $1,000, with a minimum buyer’s premium of $100, and that the failure to meet these minimums might result in termination.
This agreement has been executed and delivered in the State of Ohio, and the rights and obligations of the parties shall be construed and enforced under Ohio law.
This the entire agreement between the parties and supersedes all prior and contemporaneous agreements, representations, and undertakings, oral or written. No other agreement exists. No supplement, modification, or amendment of this agreement will be binding unless it is in writing and signed by both parties.
No waiver of any term of this agreement constitutes a waiver of any other provision, whether similar or dissimilar. No waiver of any term constitutes a continuing waiver of that term. No waiver is binding unless signed in writing by the waiving party.
If any term of this agreement is for any reason invalid or unenforceable, the rest of the Agreement remains fully valid and enforceable.
Any controversy or claim arising out of or relating to this agreement or the breach thereof, shall be settled by arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules.
This agreement shall be considered effective for all relevant purposes as of the date first executed: September 13th 2021