When you arrive at the auction site, you will come to the auction office
and complete the bidder's registration and agreement form. To complete
the form you will need a driver's license or a passport with photo
identification. A letter of guarantee of payment from your bank,
listing phone and FAX numbers and the name of the person to contact
if you are a successful bidder, will also be required.
A bidder's number is required for everyone participating in a
Yellow Iron auction. After completion of the registration form,
you will receive a copy of the "Buyer's Guide". It will list all items to be sold during
the auction with their descriptions. You will be responsible for
items purchased and payment
of all items that are sold with your bidder's number.
To be an absentee bidder with Yellow Iron Auctions, Inc., you
must be fully registered a minimum of five working days before
the auction. Our staff will bid on your behalf up to the dollar amount
you specify as the maximum. This includes the same information required
for On Site Registration (see above) and a deposit of at
least 25% of the bid amount.
We will contact you after the auction to inform you if you are the
successful bidder. If you are not the successful bidder, your deposit
will be returned to you within five working days. Our staff will work
with the successful bidder(s) regarding payment, shipping and any other
details requested at the time that the "Absentee Bid" is placed.
For all buyers, payment will be in "US" dollars.
The Terms and Conditions will apply to the
absentee bidder as well as those required for the "On Site bidders".
If you will be exporting any equipment, it will be up to you to work
with an Exporter regarding crating and shipment.