Name M & M Inventory Reduction
Auctioneer Advanced Auction Services
Type Online-Only Auction
Date(s) 1/23/2022 - 2/1/2022
Starts on Sunday, January 23 and soft closing starts at 3:00 pm CST on Tuesday, February 1
Preview Date/Time BY APPOINTMENT ONLY - CALL ADVANCED AUCTIONS & APPRAISAL AT 815-218-0705
Checkout Date/Time Pick up is on Thursday, February 3 from 9:00 am - 3:00 pm. PLEASE NOTE THIS IS THE ONLY PICK UP DATE & TIME
Location 1115 S 6th St
Rockford, IL 61104
Buyer Premium 15% on all purchases
Description
This is an inventory reduction online auction that has commercial/industrial cleaning supplies, motors, office furniture, lighting, safety clothing & equipment, heaters and air conditioners. This auction starts soft closing at 3:00 pm CST on Tuesday, February 1, 2022 Shipping will be handled by M & M Liquidators all shipping fees will be quoted by M & M Liquidators and paid to M & M Liquidators.
Auction Terms & Conditions You must register for all online auctions with a Discover, Visa and MC. We will be only accepting CASH or WIRE TRANSFERS no Credit Cards or CHECKS. NO RETURNS OR CHARGEBACKS ARE ALLOWED!!!! ALL ITEM(S) MUST BE PAID FOR BEFORE PICKING UP YOUR ITEM(S) IF PAYING BY WIRE TRANSFER or CASH AT OF PICK UP. 15% buyer's premium will charged on all purchases, ALONG WITH SALES TAX OF 8.75% unless you have a company tax exempt certificate which we must receive before you register. Cash and wire transfers are accepted, however wire transfers have to have Advanced Auction approval. There will be an extra $40.00 fee for wire transfers. If for any reason payment is not received your account could be suspended. To reinstate your account, full payment for your outstanding invoice, a $25.00 service charge and any other applicable charges and fees must be paid. 1. You must be registered in order to bid. 2. All items are sold "AS-IS- WHERE-IS" with no guarantees of any kind. (All sales are final and no returns are allowed for any reasons) 3. All Invoices must be paid in full, before any merchandise is removed from property. 4. Advanced Auction will not be held responsible for any inconsistencies in description announced or printed, therefore buyers are responsible for inspecting all items and deciding for themselves if the item they have seen is what they want to buy. 5. According to Federal Uniform commercial code (UCC2-238) At the closing of each auction item there is a legal binding contract for the purchase of the item and the buyer shall be responsible for safe guarding their purchased items from the public such as during pick-up time. Advanced Auction recommends being on site as quickly as possible. 6. Buyers are responsible for the moving, packing, boxing and loading of all items purchased. This means providing your own truck, packing material, boxes, bags, and labor/help to load your own vehicle. Advanced Auction cannot provide or insure assistance for loading of your items. 7. Advanced Auction staff reserve the right to bid on and purchase merchandise. 8. All items must be picked up at the specific times stated above per the terms and conditions. Unless you have made specific arrangements with Advanced Auction prior to conclusion of auction, there will be a $20.00 per day, per lot charge on any items not picked up in the allotted time. These fees will be charged to your credit card on file every day for 7 calendar days and after 7 calendar days, your forfeited items become the property of Advanced Auction Service and may be sold again at a future auction or discarded based on Advanced Auction discretion. All storage fees will apply and be charged even if the items have been considered forfeited. 9. There is a 15% buyer's premium to the hammer price to all lots online. 10. All of our online only auctions are conducted using soft close. This means even if an item is scheduled to close at a particular time, if someone places a bid in the last two minutes, two minutes will be added to the scheduled close time for that particular lot. The time extension will continue to occur every time a bid is placed until there are at least two minutes with no additional bids. 11. Auctioneer cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the site. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auctioneer, in its sole discretion, may void any sale, temporarily suspend bidding and resale any item/lots that were affected by any malfunction. The decision of the Auctioneer is final. The Auction Company also reserves the right to decline someone from bidding on an auction at the Auctioneers discretion. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 50.00 2.50 USD
50.01 - 95.00 5.00 USD
95.01 - 180.00 10.00 USD
180.01 - 360.00 15.00 USD
360.01 - 720.00 20.00 USD
720.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 15% on all purchases
Payment Terms
Payments is CASH OR WIRE TRANSFER ONLY, Checks or Credit Cards will NOT be accepted.
Pick up will be at : 1115 S 6th St Rockford, IL 61104 Pick up time is from 9:00 am - 3:00 pm on Thursday, February 3. This is the only pick up date & time. Shipping will be handled by M & M Liquidators all shipping fees will be quoted by M & M Liquidators and paid to M & M Liquidators.