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1 Terms and Conditions for 101bids.com Auction Website:
General Terms
By accessing and using 101bids.com, you agree to be bound by these Terms and Conditions.
These Terms and Conditions apply to all bidders and buyers participating in the auction.
Auction & Offer Agreement
Every participant after winning auction and offer acceptation of the product will bound to pay the given amount of the product.
Before using our platform you must know we charge 15% handling charges. to each winning product from each users. keep it in mind while giving offers or placing bid on any product.
Inspection
Inspection of the items will be available (on request) every Monday to Friday from 9:00 am to 6:00 pm.
All items will be sold “as is” and 101bids.com does not guarantee any of the declarations, specifications, information, and/or particulars provided by the supplier.
Approval and VAT
Approval of the sale of the bid is subject to supplier approval.
No VAT will be applied to the final auction price.
Administration fees:
Administration fees will be applied on each lot sold on 101bids.com amounts in AED.
1 to 500. 15%.
500 to 1000 10%.
1000 to 2000 7%
2000 to own words 5%.
You must complete payment and collection of the Lot within 48 hours from the time of auction’s conclusion.
To be sold as is where 101bids.com has no responsibility and you must inspect the lot before bid.
Return & Refunds
1.0.1 No Return & No Refunds on any item buy from 101bids.com.
Acknowledgment and Acceptance
By participating in the bid, you acknowledge and accept all the terms and conditions displayed.
1 Electronic devices and watches offered for sale 101bids.com does not guarantee any of the declarations, specifications, information, and/or particulars provided by the supplier.
Neither 101bids.com nor the party for which they are sold for its interest guarantees the condition of the devices and watches.
Asset Delivery and Transfer
The buyer must receive the assets anchored in the auction within 3 working days.
Failure to receive the assets will result in the transfer of the assets to 101bids.com with transfer fees and fines incurred for lack of receipt for a maximum period of 7 days.
In the case of non-receipt, the assets will be sold to cover the fees and expenses incurred from the transfer and delay fines.
If you have offers for the products you want to buy, make a bid first then make an offer a little bit higher than your bid.
If you win as per the bidding amount we will consider the bidding amount for your product
If anyone else bids on the same product your offer will be higher than the bidding amount you will be considered as a winner.
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