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It
is simple!
To
Bid in Person-
You
must complete the Bidder Registration
Form either at the Auction Site or on line and provide a
photo I.D. (i.e.. Driver License, passport, Valid Photo I.D.)
Then
you choose from the following forms of payments:
1.
Cash
2.
Bank
Letter of Guarantee Made to J.M. Wood Auction Company, Inc.
3.
Certified
Funds (Cashiers Check or Travelers Checks)
4.
Wire
Transfers require a 20% cash deposit – please call Julie
@ 800-447-7085 for complete details on wire transfers.
To
Bid Absentee-
1.You must complete the entire
Bidder Registration Form
2.
Either on line by clicking above or calling us @ 800-447-7085 and
Julie will fax you all the information you need.
3. Photo I.D. is required.
Please fax us a copy of your driver’s license or in the
case of international bidders a copy of your passport is required.
4. Deposit: A 20% deposit equal to the maximum bid price by wire or
certified funds must be received and accounted for in our escrow
account 24 hours prior to sale.
Balance is due within 72 hours or close of bid.
5. All company or personal checks will require a Bank
Letter of Guaranteeing payment to JM Wood Auction Co., Inc.
(Your Letter must be current and it must read that it is
guaranteeing payment of your check to JM Wood Auction Co., Inc.)
6. If you are using a Sales Tax Exemption Certificate: A
copy of your applicable Sales Tax Exemption Certificate must be
faxed to us @ 334-269-6990 and approved prior to the sale.
7. Authorization Letter:
You must fax a letter to 334-269-6990 authorizing JM Wood
Auction Co., Inc. to bid on specific items on your behalf.
This letter should include: Sale date, order of sale #, and
Maximum Dollar (U.S. Dollars only) amount to bid.
8. Bid
amount: The item that
you are placing an absentee bid on must be over $10,000.00 – No
Exceptions.
Please
note:
Absentee bids will not be accepted without completion of
the above listed requirements.
If you have any questions please contact Julie @
800-447-7085 or you can fax us @ 334-269-6990.
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