The Navajo Rug Auction Closed (#14486883)

Mesilla Valley Estate Sales, LLC dba New Mexico Estate Auctions ONLINE AUCTION TERMS
By submitting a bid on any New Mexico Estate Auctions sale you (the bidder) agree to all terms listed below in addition to any additional terms per individual sale.

Bidder Registration:
All bidders are required to provide a valid credit card upon registration. If a bidder does not show up for a pick-up during the designated time or make arrangements before the end of the pick-up window, the card on file will be charged the total invoice amount as well as any associated fees. By bidding with us you agree that we may charge your credit card if necessary.

Buyers Contract: A bid is a legal binding contract. Buyers are responsible for honoring their purchases and payment is expected in full before leaving the premises with your items.

Auction Timer:
If a bid is placed during the final two minutes of an auction, its end time will automatically extend for two additional minutes. This will continue until no bids are placed within the last two minutes of the auction.

This is much like a live auction: When the auctioneer is concluding the sale of an item, a person might make a bid at the last moment. The auctioneer then asks if anyone else would like to make a higher bid, essentially extending the auction until everyone has had a chance to make their final bid on the item.

This allows everyone a fair chance to bid until no more bids are placed.