A Buyer's Premium of 10% is added to the high bid. Please take this into consideration when bidding. Bid price + buyer premium = sales price. This is the amount that will be listed on the title as the purchase price.
VEHICLES: The only accepted method payment for Vehicles is Cash, Certified Funds, Wire, Business/ Personal Check (if known to Auction Company). Buyers will need to contact the Office with information to complete the title (Name, Address, Lienholder). Titles will be mailed within five business days or upon payment clearing the Bank. Theurer Auction/Realty, LLC, nor the Seller, will be responsible for any late fees accrued for a title transfer as the result of negligence or untimely submission of paperwork by a Buyer.
No item is to be removed from the auction site until full settlement arrangements have been made. Auction Company and/or sellers not responsible for accidents on auction/load out day, or accidents involving machinery or items after sold.
Items left more than seven days after the sale ends will be forfeited and resold. Buyers that are in default of picking up their items will be black flagged in our database, making them unable to bid on future sales.
All sales are FINAL- no refunds.
All Theurer Auction/Realty Online Only Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 3 minutes of the auction ending will automatically extend the auction for 3 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction automatically extends to 6:03 pm. The auto-extend feature remains active on a per-item basis until no further bids are received within the 3 minute time frame.
Bidding increments are as follows:
$0 - $200 = $5
$200 - $1,000 = $25
$1,000 - $10,000 = $100
$10,000 - $25,000 = $500
$25,000 - $500,000 = $1,000
$500,000 - $1,000,000 = $5,000
$1,000,000 and up = $10,000
All items sold AS IS, WHERE IS with all faults and without warranty expressed or implied. Theurer Auction/Realty LLC is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions. However, it is the bidder's responsibility to conduct any inspections to determine the condition and feasibility of the bidder’s intended use. Descriptions that are provided by the auction company are provided in good faith and are matters of opinion. It is automatically acknowledged by registering that you have either personally inspected the items being sold, hired an agent to inspect the items being sold or waive your right to inspect the items being sold. By placing a bid, this creates a contractual agreement to purchase the items being sold at the high bid price plus Buyers Premium and any additional fees.
Sale on all items is subject to seller approval. Auction company reserves the right to confirm the sale with the seller, and bid on behalf of the seller, if necessary. Items may have reserves that may or may not be noted.
The successful bidder not attempting to settle their invoice after the conclusion of the auction will be considered in default and will be black flagged in our database. Theurer Auction/Realty LLC reserves the right to sell to the next highest qualified bidder in the event the successful high bidder does not comply with the terms of the sale. By bidding on the items in the auction, the buyer agrees to all terms and conditions set forth. By registering and placing a bid you agree that if you happen to become a default bidder, Theurer Auction/Realty LLC has the right to charge your credit card for the entire balance of your invoice, plus any and all costs incurred by the seller and Theurer Auction/Realty LLC in a subsequent resell of the item(s). If Theurer Auction/Realty LLC, is able to sell your item to the next highest qualified bidder at a price lower than the auction high bid price, the default bidder agrees to allow Theurer Auction/Realty LLC to charge their credit card for the difference in their high bid price and the actual selling price to the backup bidder.
During this auction process there is a chance that you will be outbid. At that time you will receive an outbid notification by email. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, sometimes email notifications can be delayed. We are not responsible for the failure of any part of the bidding process or internet bidding.
If you are bidding against someone who has placed a max bid in the system, the max bid that is placed first will take precedence over a bid placed after. This means that the person who placed the bid first will have the high bid, in the event that the same bid is placed.
Theurer Auction/Realty LLC has full discretion to modify the date and time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Theurer Auction/Realty LLC or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Theurer Auction/Realty LLC, MarkNet Alliance and the Seller reserves the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Theurer Auction/Realty LLC, MarkNet Alliance or the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Your use of this site and bid placement constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.
AGENCY DISCLOSURE: In all transactions, the auctioneers are acting as agents for the seller, not as buyer’s agents.
LEGAL COURSES OF ACTION: Bids are a binding offer to enter a contract and you are responsible for honoring them. Every legal remedy available will be used to ensure buyer's performance of this contract. Buyer accepts responsibility for and agrees for buyer and all of buyer's agents, representatives, successors and assigns to indemnify, defend and hold harmless sellers & Theurer Auction/Realty LLC, its employees, governing body, officers, owners, affiliates, subsidiaries, directors, agents, and representatives from and against any and all claims, losses, damages, liabilities, judgments, fees, costs, and expenses including reasonable attorneys' fees and expenses related to, arising from, or associated with (1) the sale of the property, including, but not limited to, personal injuries or property damage incurred on the sale premises or during removal and transport of any auction item, (2) buyer's use of Theurer Auction/Realty LLC website and (3) a dispute with another bidder.
Seller agrees to hold harmless the Auctioneers against any claims of the nature referred to in this contract. Venue for any controversy or claim arising from or relating to this agreement, or breach thereof, shall lie exclusively with District Court of Sumner County, Kansas. This agreement shall be interpreted in accordance with, and governed by, the laws of the State of Kansas.
WARNING! - EXPLANATION OF CREDIT CARD FRAUD: In order to bid online, buyers must register and create an account at our website, www.theurer.net. The credit card will be charged upon completion of the auction for any items won plus applicable buyer's premium. If, when charged, it is determined that the card is not valid or does not have a sufficient balance to cover the charges, and the bidder or representatives of the bidder knowingly registered with this card, this constitutes "Credit Card Fraud" under Federal and Kansas state law, and Theurer Auction/ Realty LLC, reserves the right to press criminal charges for such fraud, including the swearing out of an arrest warrant in the county of the bidder's residence. In addition to any criminal charges, Theurer Auction/Realty, LLC reserves the right to seek civil restitution.
Theurer Auction/Realty LLC reserves the right to revise The Terms and Conditions.