Auction Rules & Buyer Guide

1. How Auctions Work

EMERE Marketplace allows registered users to participate in online auctions across multiple categories including industrial equipment, machinery, vehicles, electronics, business assets, and more.

Each auction has a defined start time, closing time, and bidding rules displayed on the auction listing.

2. Account Approval

All users must register and may be subject to account review before participating in auctions.

• Create an account.
• Verify your information.
• Accept marketplace policies.
• Receive account approval.
• Start bidding.

3. Placing Bids

• Enter your bid amount.
• Confirm the bid submission.
• All bids are legally binding.
• Bids cannot normally be withdrawn.
• Only approved users may participate.

Please ensure you are willing and able to purchase the lot before placing any bid.

4. Reserve Prices

Some auctions may include a reserve price.

If bidding does not reach the reserve price, the seller may choose not to complete the sale.

5. Winning an Auction

When an auction closes, the highest valid bid is generally declared the winning bid.

• Winning bidders receive confirmation.
• Payment instructions are provided.
• Collection or delivery arrangements begin.
• Ownership transfers after full payment.

6. Payment Requirements

• Payment deadlines must be respected.
• Applicable taxes and fees may apply.
• Late payments may incur penalties.
• Failure to pay may result in account suspension.

7. Collection & Delivery

Buyers are responsible for reviewing collection requirements before bidding.

• Collection deadlines apply.
• Storage charges may apply.
• Delivery services may be available.
• Transportation arrangements are typically the buyer's responsibility.

8. Item Descriptions & Condition

Buyers should carefully review all descriptions, photographs, specifications, and supporting documentation before bidding.

• Items may be used.
• Items may show wear or cosmetic damage.
• Items are sold based on seller-provided information.
• Unless stated otherwise, items are sold "As Is, Where Is".

9. Buyer Responsibilities

• Review all lot information carefully.
• Understand payment obligations.
• Arrange collection or delivery.
• Comply with marketplace policies.
• Respect auction integrity.

10. Prohibited Conduct

• Shill bidding.
• Fraudulent activity.
• Identity misrepresentation.
• Manipulation of auction outcomes.
• Abusive behavior toward buyers, sellers, or staff.

11. Frequently Asked Questions

Can I cancel a bid?

In most cases, submitted bids cannot be withdrawn.

When do I pay?

Payment instructions are provided after auction completion.

Can I inspect an item?

Inspection availability depends on the seller and listing details.

What happens if I fail to pay?

Your account may be restricted, suspended, or permanently removed.

12. Need Assistance?

If you have questions regarding bidding, payments, collection, delivery, or auction participation, please contact the EMERE Marketplace support team before placing a bid.