Frequently Asked Questions
Q: Do I have to pay sales tax?
A: You must pay sales tax if you do not have:
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A Resale Certificate - You must have a copy of your certificate and you must fill out and sign the resale form from Huisman Auctions, Inc. It is your responsibility to keep Huisman Auctions, Inc. informed as to the status of your resale number.
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A Bill of Lading - For Out of State buyers only! You must provide a bill of lading from a trucking company at the time of payment otherwise tax will not be removed. The form must be filled out by the customer showering HAI as the starting point going to your final destination.
Q: What do I need to do before the auction?
A: All auction property is sold "As Is, Where Is" meaning the property is selling without warranties as to its condition and/or fitness of the property for particular use. You are solely responsible for examining and evaluating the property for your own protection. Sales are not contingent on buyer inspections. You should make all inspections with a professional (if you so desire) during the available viewing preview times.
Q: What do I need to do the day of the auction?
A: Registration: There will be designated time prior to the auction when you can register for a buyer number. A Valid driver's license or proper identification is required as well as a fully refundable cash deposit and a registration form completed.
Familiarizing yourself with the Terms and Conditions of the auction will ensure the registration on the day of the auction will be quick and trouble free process.
The auction begins promptly at the appointed time with pre-auction announcements summarizing the terms of sale, the methods of bidding and any last minute changes or disclosures. These comments usually take only a few minutes with the Auctioneer answering any final questions.
Think Fast! The auction moves very quickly. If you are a first time attendee, you may be surprised to learn that it takes a very short period of time, usually less than 30 seconds, to sell an item once the bidding begins. Having your maximum bidding price in mind and preparing to bid takes the feeling of intimidation out of the whole process.
Bidder Assistants or Ringman: The Bidder Assistants or Ringmen are auction staff members who are positioned among the crowd at the auction. They are there to assist the auctioneer, spot your bid and assist you with information to help in your buying decision.
You may place a bid by raising your hand, it is a myth that bids can be made accidentally by scratching your nose or any similar accidental movement. However, please remember that it is not wise to wave to anyone unless you are intending to bid on the item that is up for auction.
If you did not intend to bid, simply inform the Bidder Assistant or Ringmen right away and the mistake will be corrected. Do not wait until the end of the auction to let someone known you have a problem. Any tie bids or other issues regarding who has the high bid are always resolved by the Auctioneer, who has complete and final authority.
Sold! From the beginning bid things move very quickly. It is not necessary, nor customary, for the Auctioneer to announce. "Going once, going twice, etc." When it is determined that the final bid has been made, the Auctioneer will say, "Sold!" Identify the winning bidder number and move on to the next item.
Q: What do I do at the end of the auction?
A: Pay & Remove Items:
The final payment must be made at the end of the auction. The office will be open only for one hour after the auction has concluded unless otherwise announced. The payment terms will be both advertised and announced on the day of the auction
The terms of removal of items will be announced the day of the auction. Most times a forklift and checkout crew will be available to help load your items. You may not move or gather your items until you have paid for them.
You may not remove any items until your invoice is paid in full! NO EXPECTIONS!!!
Q: What is the case deposit and is it refundable?
A: The cash deposit is a guarantee that the bill will be paid it is fully refundable if you do not purchase anything and/or it can be applied to your invoice.
The deposit must be paid in CASH ONLY, no exceptions. The amount will be advertised on the brochure prior to and in the office the day of the auction.
Your bidder number is your receipt for the deposit. The deposit will not be returned until the bidder number is turned in to the cashier and you have shown proper identification that match the bidder number registration. No one but the person who is registered may receive the deposit back.
Q: What is the buyer's premium?
A: A buyer's premium will be charged at each auction. A buyer's premium is an advertised percentage of the high bid added to the high bid to determine the total to be paid. A buyer's premium is added to each item, not on the total of the overall invoice. For example, if the high bid is $1,000.00 and there is a ten percent (10%) buyer's premium, the buyer's premium will be $100.00 for a total price of $1,100.00. This amount does not include any taxes that may also be due.
