Quick Answer: What Happens If You Win An Auction And Don’T Pay?

What happens if I win a bid on GunBroker and don’t pay?

GunBroker.com has a process to assist with Non-Paying Bidders (NPBs) which allows sellers to submit a NPB Credit Request and receive credit for the listing..

Where is GunBroker located?

AtlantaGunBroker.com is an auction website based in Atlanta, Georgia, United States specializing in the sale of firearms and related items.

What happens if no one bids at auction?

When no bidding takes place, a vendor bid is made by the auctioneer and this can be all that is required to set the wheels into motion. In a situation where there was some bidding, but the vendor’s reserve price was not reached, the auction will pass in.

Does GunBroker have a phone number?

We do not currently offer telephone support. Please email us at support@gunbroker.com or submit your question from the help page.

What happens if you win a bid on eBay and don’t want it?

Buying an item or bidding on an auction on eBay is a commitment to complete your purchase. Even if you changed your mind or want to cancel your order, you need to pay for your item. … If the seller opens an unpaid item case, you can either pay for the item or state your reason for not making payment.

Can you back out of an auction bid?

If you are the highest bidder, you have to sign the contract, and there is no cooling-off period.

Can you trust GunBroker?

Never had a problem buying or selling on Gunbroker, even dealing with people with no reputation. Honestly, I haven’t had any problem with anyone in a firearms-related deal gunbroker or not. Maybe I’ve just had good luck, though I think that people buy and selling guns are just more honest than the average.

Does GunBroker offer buyer protection?

You May be Eligible for Buyer’s Protection: GunBroker.com will cover up to $500.00 on an item and all claims have a $100.00 deductible. We do not cover: Shipping cost.

How long do you have to pay on GunBroker?

GunBroker.com recommends the seller and buyer make contact within 5 days, buyer makes payment within 10 days from the time the listing ended, and the seller ships the item within 14 days from the time payment is received.

Can you take back a bid on GunBroker?

A bid or purchase on GunBroker.com is considered a binding agreement/contract; therefore, it cannot be retracted or canceled unless there are exceptional circumstances. All bidding is a binding obligation to complete a transaction.

Can you get scammed on GunBroker?

The vast majority of new sellers are legitimate, but occasionally a new seller will attempt to fraudulently sell an item on our site. If you suspect fraud, you should submit a Support Issue in the Help Center. We investigate all complaints about potential fraud, and we shut down fraudulent auctions.

Is GunBroker pay legit?

BitRail transactions are designed to be secure, as well as legal and fully compliant with federal and state laws in the states supported by GunBroker Pay, which are increasing all the time.

What happens if you bid at an auction and don’t pay?

What Happens When an Auction House Does Not Receive Payment? … More often than not, the unpaid items someone refused to buy are quietly returned to the original consignor, put into a future auction with a lower estimated value or are sold privately for a significant loss.

Is Ghost bidding illegal?

Yes, shill bidding is an officially illegal practice. You are going to be sued in accordance with antitrust law under the Donnelly Act, which prohibits bid rigging and price fixing.