What happens if you default on GovDeals?

by ·

What happens if you default on GovDeals?

Default may result in termination of the contract and suspension from participation in all future sales until the default has been cured. If the Buyer fails in the performance of their obligations, Seller ay exercise such rights and may pursue such remedies as are provided by law.

Is GovDeals real?

I really feel disappointed that they did that to me and not looking my account history and the situation I was in. Please all I’m asking is GovDeals to give me a 2nd chance since I loved doing business with them and they really have been good to me all this many years, I know they can do it. Thank you.

How do I register for GovDeals com?

Go to www.govdeals.com 2. Select ‘Register’ from the Red Bar at the top of the page. 3. Completely fill out the Registration Portion under Account Information.

Can employees bid on GovDeals?

Employees may buy goods at “BUY IT NOW” prices which are fixed. Under the Commonwealth law and Department of General Services policy, Commonwealth employees are prohibited from buying or bidding on goods, which originated from their agency AND cost $500 or more.

Can you cancel a bid on GovDeals?

Bid Withdrawal: A bid may be withdrawn only if the bidder notifies the Seller in writing of the bidder’s intent to withdraw within two (2) business days after the bid closing.

Is Seized Property auctions legitimate?

Is this a legitimate website? We are a fully licensed and insured auction corporation in the state of Florida. We currently have an A+ rating with the Better Business Bureau and have been conducting online auctions in this format since 2002.

Does GovDeals deliver?

Item(s) will ship within 72 hours after payment has been received and we have received emailed confirmation from the email address registered with GovDeals of correct shipping address.

How much does it cost to sell on GovDeals?

Where an asset sells for more than $100,000, and up to $500,000 the GovDeals fee is seven and one-half percent (7.5%) of the winning bid up to $100,000, plus five and one-half percent (5.5%) of the winning bid for auction proceeds in excess of $100,000 up to $500,000.

What happens if you don’t pay on GovDeals?

If the item is not paid for by the time stated, the seller may lock your account for default, and you will be assessed a fee equal to 40% of your winning bid amount.