| Online auctions through our
web site can be "LIVE" or "Proxy Bid Only".
With the "LIVE" auction you are bidding with the
Buyers who attend the auction in person as well as other
Internet Bidders. During this, you bid on the items during
the auction. With the "Proxy Bid Only" you submit
a minimum and maximum bid for each individual item up to
a certain "cutoff" time. To participate you have
to have the right Browser and Java configuration. You
must have Internet Explorer 5.0 or higher and have JAVA
installed on your computer!! Click
Here to go to the JAVA web site! download the Java Software
and install it. This is a free software. |
REGISTER - You must
register and "BE
APPROVED BEFORE THE DAY OF THE AUCTION!!!"
The process starts by clicking on the "Register"
button below or CLICK
HERE". Fill out all the information on the form
and "Submit" the form. It's important that you
accept and understand the "Terms of the auction".
You will receive an email confirming your registration
after you register. YOU ARE NOT APPROVED YET! You must
meet the Payment Requirements
for the auction and receive an email confirming you are
able to participate. Without the approval, YOU CANNOT
BID!!
|
Payment Requirements:
For your bid to be valid you must fax or email I.R.A.Y.
Auction an irrevocable bank letter of guarantee by 5:00pm
the Wednesday before the auction. Fax to Attn: Cheryl
or Heather at 320-968-8075. Letter should state: Our bank,
(name of bank) irrevocably will guarantee any checks written
to IRAY Auction for the purchase of items at the [Auction
Date] auction by (you or your company name) from account
number [fill in number] up to a total of $_________. Sincerely
(Bank officer's name and title). If Out of the United
States you must send $5,000.00 USD. Refundable if bid is
not awarded. Call us with questions. 1-877-968-7230 |
Your
bidder number and password will remain valid only if you
send an updated letter of credit or contact us to make
financial arrangements for each auction in which you wish
to participate.
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