Agri Veilings Sa

TERMS AND CONDITIONS

AGRI AUCTIONS SA (PTY) LTD (agriauctionssa.co.za)

1.1 Auction is open from the point of publication until closure 48 hours after it is posted; listings closing over weekends and holidays will close at 11:00 on the first working day.

2.1 Everyone can bid at any time during the open hours, but no new bidders will be allowed to start bidding in the last 15 minutes.
2.2 Any bid placed in the last 5 minutes will extend the auction time by 5 minutes.
2.3 EXTRA time on auction at the discretion of admins, limited to 5-minute bidding intervals.

3.1 There are several WhatsApp and Telegram groups where all the lots will be published as they become available on the website. To bid, click on the link of the item and place your bid, or bid directly on the website.

4.1 It is the responsibility of the seller to ensure that Agri Auctions SA receives the correct information.
4.2 Agri Auctions SA accepts no responsibility for incorrect information or incorrect photos provided by the seller.
4.3 All lots remain the property of the seller. The seller has the right to reject a buyer's bid if it is below the reserve price. If the reserve price is met, the seller must have a valid reason to refuse the bid. If the seller fails to provide a valid reason, they will be liable for payment of 10% (ten percent) excluding VAT of the reserve price of the lot.
4.4 It is the seller's responsibility to inform Agri Auctions SA if the buyer fails to comply with the rules.
4.5 The seller has 7 days or as privately arranged with the buyer to provide goods to the buyer in good condition.
4.6 Sellers must inform Agri Auctions SA as soon as they have dispatched goods to buyers. Agri Auctions SA will not release payments without this notification from sellers. It is the responsibility of the seller to notify Agri Auctions SA, and it is not the auction's responsibility to follow up on this.
4.7 Sellers who are VAT registered must provide a VAT invoice to Agri Auctions SA with amounts as supplied by Agri Auctions SA before payment takes place.
4.8 Sellers who are not VAT registered must complete a SARS VAT264 Form and return it to Agri Auctions SA along with a copy of their ID document or, in the case of a company, a letterhead, invoice, or other company document.

5.1 It is the buyer's responsibility to ensure they are satisfied with the information of a lot before purchasing. NO EXCEPTIONS. If the item purchased is refunded to the buyer for any reason, a 10% fee will still be charged. Any refunds exclude the cost of courier, as it is solely at the risk of buyers and sellers.

5.2 Buyers will remain bound by Agri Auctions SA's sales agreement. If the buyer withdraws from a lot that has been purchased before the transaction is completed, the buyer will be held responsible for a 10% (ten percent) (excluding VAT) penalty of the sales amount payable to Agri Auctions SA. NO EXCEPTIONS will be made. No bids will be withdrawn during the auction.

5.3 Buyers must inform Agri Auctions SA as soon as they have received goods; no payments will be released without this notification from the buyer. It is the responsibility of the buyer to notify Agri Auctions SA, and it is not the auction's responsibility to follow up on this.

6.1 To bid, click on the link of the item and place your bid, alternatively, bid directly on the website.
6.2 Each bid must be increased by a minimum of R50.00 (fifty Rand), unless otherwise indicated.

7.1 No lot submitted to Agri Auctions SA may appear on another auction or platform on the same day. Such a lot will incur a penalty of 10% (ten percent), excluding VAT, of the reserve amount, payable by the seller to Agri Auctions SA.
7.2 Lots for the day of the auction MUST BE STRICTLY PRIVATE. If not, lots will not be listed on that day.
7.3 Lots that are listed may NOT be withdrawn. In such a case, a 10% (ten percent) plus VAT administration fee of the reserve amount will be owed to Agri Auctions SA for ANY withdrawal by the seller.
7.4 Agri Auctions SA reserves the right to refuse any lot or offer during the auction.

8.1 If the sale amount is below R100,000.00, the seller will owe Agri Auctions SA a commission of 10% (ten percent) plus VAT on the sale amount.

8.2 If the sale amount is above R100,000.00, the seller will owe Agri Auctions SA a commission of 7.5% (seven and a half percent) plus VAT on the sale amount.

8.3 Lots that are listed may NOT be withdrawn. In such a case, a 10% (ten percent) plus VAT administration fee of the reserve amount will be owed to Agri Auctions SA for ANY withdrawal by the seller.

9.1 The results and current bids can be viewed at https://agriauctionssa.co.za/live-auction/

9.2Seller information will only be sent privately to buyers after the conclusion of the auction.

10.1 Negotiations regarding unsold lots will be strictly handled by Agri Auctions SA after the auction.
10.2 After the auction, the buyer will receive the seller's contact details, and it is the buyer's responsibility to contact the seller within 24 hours and make payment to Agri Auctions SA within 7 (Seven) working days. Agri Auctions SA will release payment to the seller 14 (Fourteen) days after the buyer has confirmed satisfaction with the goods being sent or received, unless otherwise arranged. This allows ample time for the buyer to receive the item and confirm its condition as listed.
10.3 Buyers will receive confirmation of the transaction as well as Agri Auctions SA's banking details after each auction.
10.4 If the buyer does not make arrangements for the goods to be sent by the seller or does not collect the goods after a period of 90 (ninety) days, ownership of the goods reverts to the seller, and the buyer forfeits any payments made.

11.1 Cash deposits require you to add a R50.00 (fifty Rand) cash deposit fee to your total amount.

12.1 Agri Auctions SA is not responsible for failed deliveries or for the transportation or transportation costs of any items sold at the auction. It is the buyer's responsibility to contact the seller and arrange transportation; the cost thereof is the responsibility of the buyer unless otherwise specified.

13.1 Agri Auctions SA admin expects everyone to consider the group as an auction and to respect the privacy of the admin and anyone who is part of the Agri Auctions SA group. If any issues arise, please report them privately to the admin.

14.1 Any disputes will be resolved at the sole discretion of Agri Auctions SA.

14.2 Agri Auctions SA only act as a trading agent, connecting buyers and sellers and to facilitate transactions. The transaction remain a transaction between the buyer and seller and Agri Auctions SA cannot be held liable for the actions of buyers and sellers.

15.1 All items purchased on Agri Auctions SA come with a 14 (fourteen) days money-back guarantee (unless otherwise stated) should the buyer be dissatisfied.

16.1 To add someone to Agri Auctions SA, send them this link: https://chat.whatsapp.com/KNkSWcEhtVDKnwfPqpIgIn