This Auction Site came about because of repeated requests for hard to find items. I'd either put them in touch with someone else, or posted their request on the site. There are problems involved with purchasing or selling a product to someone you don't know:
1. Will you receive the item or the money.
2. Will the item be what you expected or what was represented by
the seller.
Acting as an objective and hopefully trusted intermediary, I have established a formula whereby everyone should be satisfied:
1. All sales offers will be "dated" according to the
date and time received by me. (I'll keep a record) All Bids are in U.S.
Dollars!
Their are two methods the seller may
elect to sell an item:
a. Meet a price. In this case, the first person offering to buy an item will have one week to
complete the sale.
b. Best bid over a minimum price. In this case,
I will post all bids as received. I will also post a closing date for
bidding. The highest bid over the minimum price will have purchased the item. At
the close of the auction, if the item has not received the minimum bid, the
seller will have the option to extend the auction or sell the item to the
highest bidder.
3. The seller may request a "closing" date, at which
time an item will taken off list.
4. The buyer must pay "Emporium" for item. (All
payments must be in US funds or credit card)
5. When funds are received, the "Emporium" will notify
seller to ship item to buyer. (All items must be sent
"insured" for full value and must be "signed"
for at buyer's location.
6. When buyer has received item and is satisfied it is "as
represented", buyer notifies "Emporium" by email,
to "release" funds to seller.
7. Auction Site sends full amount, less the Final Value Fee, to the
seller:
Then here's how you calculate the seller's Final Value Fee :
8. Seller pays for all shipping/handling/insurance costs involved
in getting item to buyer.
9. Buyer pays for all shipping/handling/insurance costs involved
in "returning" item to seller, if not satisfied with
item.
[I don't wish to make this too complicated, but assume
there may be situations where the seller's representations might
be interpreted differently from the buyer's impression of the
item. And of course, there will be buyers who might have an
unusually high expectation of everything they buy! So, in ALL
cases, the seller pays to get item to buyer and the buyer pays
all costs to return item to seller if unhappy with item. If there
is any damage due to shipping/handling, the person receiving
damaged item, collects full value of item from the shipping
agent. Both parties must agree to this.]
10. In event of returns by buyer: "Emporium" will hold
funds until seller receives item back and notifies Auction Site
of item returned. At this time, the full amount will be returned
to buyer. Auction site will not be involved in any disagreement
among buyer and seller over who is responsible for damage to item
at any stage in the transaction although will help arbitrate any
differences.
11. By participating in this auction, you agree to the above
terms.
12. Auction Site policies are subject to change. (Mario, Al or
Chris may want to change the language some) Please refer to this
page for any updates.
George E. Mattson
Martial Arts Emporium
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