Absentee bidding is available at Rainbow Auctions:
Before bidding, be sure to read the policies and procedures below.
Previous registered Rainbow Auctions absentee bidders in good standing can place absentee bids by completing the Absentee Bid form at the bottom of this page.
New bidders are first required to register using the form below, plus submit additional required information and documentation before participating.
Rainbow auctions will contact the new bidder upon receiving their registration application.
These additional documents can be submitted:
In Person
By Fax to 780-968-1002
Or by email attachment to
Absentee Bidding
Policies and Procedures
By submitting a bid, the bidder acknowledges
that he has read and understands the following terms and conditions, and tenders
his bid subject to those terms and conditions:
- Bids are made in competition with other bidders bidding, on
an alternating basis, in increments set by the auctioneer, as
though the bidder is present at the auction. In the event
that the bidder wishes to give the auctioneer permission to
break a tied bid (the other bidder's final bid ties the maximum bid), he must indicate by checking the appropriate checkbox at the bottom of the form.
In the event of a tie, this will authorize the
auctioneer to increase the absentee bidder's bid by one increment.
The bidder understands that the item bid on will be sold to
the highest bidder.
- Until an item is sold, absentee bids are not disclosed to
other bidders. Bidding will not commence with any absentee bid.
An absentee bid is not considered the highest bid unless it
has been reached by the alternating incremental basis set out
in paragraph 1. After an item is sold, the auctioneer can disclose
the amount of an absentee bid at the request of a bidder.
- It is the bidder's responsibility to arrange for the prior
inspection of the item(s) bid on. Whether the item has been
inspected or not, the absentee bidder agrees to accept it in
its condition as is. All items are sold as is and are at the
risk of the buyer once the auctioneer has declared them sold.
The buyer is responsible for arranging delivery of the item
purchased. The auctioneer makes no guarantee of the year, condition,
description or suitability of any item sold. Descriptions are
only a guide and in no way a guarantee of size, description,
or year. It is the buyer's responsibility to inspect the item(s)
he or she is bidding on.
- Bidder acknowledges that the Absentee
bid is accepted on the express condition that the bidder will not have any claim
against the auctioneer or its employees if the auctioneer fails, for any reason, to bid on
behalf of the bidder.
- Absentee bids must be submitted and received by Rainbow Auctions
Ltd. before 11:00 pm one day prior to the auction date. Any
bids that are submitted after this time may not be received.
- A successful absentee bidder will be notified within 24 hours of his successful
purchase and agrees to pay the bid price by
cash, certified cheque or wire transfer payable to Rainbow Auctions,
and forwarded within 24 hours of receipt of the
notice. Credit card payment is also accepted.
- Absentee bids will only be accepted
for bids over $500.00.
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