Bid To Buy Nz [BETTER]
Sites like Trade Me or eBay are not technically auctions, because items are sold directly by a seller to a winning bidder without using an auctioneer. Your rights on these sites depend on who you are buying from.
bid to buy nz
Before you bid, it's a good idea to do some research. Look at the property or goods before they go up for auction. Auction houses often have inspection days before the auction, or catalogues of items to be sold. You can also have a look at the goods on auction day, just before the auction starts.
If the seller is not a trader then it is a private sale and you don't have as much protection. The seller must have good title (the right to sell the products they are selling), the goods must match the description, and the seller must not mislead you into buying the goods.
Max is at a household auction and wins the bid for a used lawn mower. He changes his mind after he has won the bid and the hammer has fallen on that auction item. It is too late to cancel the sale as he has entered a binding contract and will have to pay for the motor mower.
The Commerce Commission enforces the Fair Trading Act, which protects you against being misled or treated unfairly by traders or shops, eg being told something is in good working order when it is not, or does something it doesn't.
Commerce Commission doesn't act on behalf of individuals and can't investigate every complaint. But their investigations do help make sure businesses are complying with the law. Your information helps them assess which consumer issues are causing greatest harm.
For complaints against Auctioneer's Association members it is free. For complaints about non-members, there is a small cost. Complain in writing to the Auctioneer's Association through their online contact form, or by email.
It means the minimum age for buying cigarettes will keep going up and up. In theory, somebody trying to buy a pack of cigarettes 50 years from now would need ID to show they were at least 63 years old.
She said the health system would save billions of dollars from not needing to treat illnesses caused by smoking, such as cancer, heart attacks, strokes, and amputations. She said the bill would create generational change and leave a legacy of better health for youth.
The law change was welcomed by several health agencies. Health Coalition Aotearoa said the new law represented the culmination of decades of hard-fought advocacy by health and community organizations.
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A senior executive of Chinese electrical appliance giant Haier Wednesday moved to calm fears over jobs and manufacturing bases of one of New Zealand's oldest and most reputable whiteware makers as Haier moves ahead with a takeover bid.
Chinese home appliance giant Haier Group has made a full takeover offer on New Zealand's Fisher & Paykel Appliances, highlighting a recent buying spree by Chinese companies seeking to expand in overseas markets.
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The government argued this will make it harder for teenagers under the age of 18 to be exposed to older pupils who smoke and to access cigarettes, citing research that states that 80% of smokers start before the age of 18 while nearly 97% start before they turn 25.
We want to make sure young people never start smoking so we will make it an offence to sell or supply smoked tobacco products to new cohorts of youth. People aged 14 when the law comes into effect will never be able to legally purchase tobacco," she added.
Other measures the government wants to roll out to curb smoking include reducing the number of shops allowed to sell tobacco products; decreasing nicotine levels in smoked tobacco products to make them less addictive and help people quit; and banning the sale of cigarettes with filters as some people who smoke are "under the misconception that filters mitigate the harm of smoking."
For those times when you want a specific type of item and there is more than one on Trademe, you can schedule bids on those items and assign them to a group, and tell BidBud how many you'd like. It'll bid on all of them, one by one until you have as many as you want. No more bidding on multiple items and winning too many! Check this out on the group page.
Blacklisted members are not shown in search results. If a category is overrun by a few large sellers that you don't want to see, just blacklist them and you won't be bothered by their listings any more. This also means you won't be distracted by listings from people you don't want to deal with. Note: You have to add them on BidBud for this to work. This also enables you to make a note why they're blacklisted.
When you search on BidBud, all images are shown logically, not in a haphazard manner based upon how much the seller has paid. If you set the display type of your search to "photo view", you'll see nothing but images so you can quickly look over many items. See an example here.
If you find an auction that has a reserve higher than you're prepared to pay, schedule a bid for your maximum using BidBud. If the auction closes without selling and the seller sends out a FPO, BidBud will accept it for you, automatically and instantly, provided it's less than your maximum.
You can filter by suburb -- just enter the suburb in the "suburbs" box and only that suburb will be shown in search results. For multiple suburbs, just enter all the suburbs as one line and BidBud will take care of the rest.
Rather than having to scroll through twenty pages of feedback to find the bad ones, just click on the negative feedback tab under the member's feedback page, or enter their username in the member finder.
BidBud will monitor your auctions, and if someone with bad feedback bids, it'll send you an email. It can also automatically remove the bid and blacklist the trader for you if you want. There's no need to check this manually any more.
The Consumer Guarantees Act and the Fair Trading Act both apply to auctions where the seller is a professional trader. The notice of the terms of the auction must state whether the seller is a professional trader.
Common conditions contained in such agreements include that the buyer must take away the goods that day at their expense, payment must be made by cash, eftpos or bank cheque on the day, and that a buyer's premium will apply.
To make its money, the auction house charges the seller a commission on each sale. However, auction houses may impose a charge on buyers as well. This is the buyer's premium, also called a buyer's commission.
In 1999, Christchurch Auctions auctioned off a range of lounge suites. Although the covering of the suites was a mixture of vinyl and leather, the auction house advertised them as leather, without mentioning the vinyl.
Yes, but only if the notice of the terms of the auction tells you that vendor bids are permitted. The auctioneer also has to identify each vendor bid and the goods must be offered for sale with a reserve price. The vendor bid has to be below the reserve.
I watched the auction, and the cars were selling at some pretty good prices. I'd love to take part, but I stayed in the background. I was frightened that if I scratched my nose I'd find myself owning an '82 Holden!
They may also try to make the auction fun, in an attempt to loosen the bidders' wallets. They may cajole the crowd to make bids, crack jokes, and increase bids in smaller and smaller increments, playing bidders off against each other to get as high a price as possible.
If you're interested in buying at an auction, but find it all a bit intimidating, go to a few as an observer first. Get used to the atmosphere and watch how others behave. Join in once you've got some confidence.
Second-hand dealers often buy at auctions. If they see items in good condition, they're more likely to bid higher, because they can put the pieces straight into their showroom, without having to go to the trouble and expense of cleaning and repairing them.
The auctioneer will take a commission on the sale price, usually around 10 to 25 percent, depending on the goods being sold, plus GST. The commission may have a dollar minimum and/or include a flat dollar fee.
Common clauses in sale agreements cover the commission charged, other costs (such as pick-up costs and GST) and an assurance from you that you are legally entitled to sell the goods (that is, they are not stolen or security for a loan).
Beyond this, the auctioneer is bound by the Fair Trading Act. That means they can't mislead you in any way. Also, the services the auctioneer provides are covered by the Consumer Guarantees Act. This means auctioneers must provide their services with reasonable care and skill.
For instance, if the goods are damaged while in the auctioneer's care, they may be liable for the cost of this. However, the auctioneer's agreement may stipulate that you pay a small premium for insurance to cover this liability.
The auction house can advise you on a realistic reserve. But if the goods are unique, very valuable, or special in some other way, you may want to get an independent valuation to establish a reasonable reserve.
If you think an auctioneer has misled you, you can cancel the deal and demand your money back. If you get nowhere, you can take a claim to a Disputes Tribunal. You can also lodge a complaint with the Commerce Commission. 041b061a72