Buyers are required to get the pre-approval for the auction. Guest user can’t bid for auction. Once registered, the buyer/seller will get an email approved by the administrator. The user will be prompted to change the password and log in as a buyer or seller as per registration. To bid for a product, a registered buyer has to apply for the Auction-code which is unique for each and every auction. The credit information given by the buyer is validated and factored with the banks. If buyer fails to get the credit approval for the auction, buyer will be required to pre-pay the Minimum bid amount via credit card before the auction. Upon approval by the Administrator, Auction-Code is assigned to the Buyer and notified by an email. All auctions are final and iVyapaar may forfeit the deposits if the buyer fails to comply with the auction rules.
A. Buyer can click the “Auction Calendar” on the top right of the page to view all the upcoming auctions displayed in report format. B. Buyer can select different tabs on the top for the Industry Type. Each Industry type (like Fashion, Health, Apparel, Beauty etc.) has its related Categories which show up as a drop down. Buyer can select the desired Category and then chose any product if available within, for Auction. Hierarchy: Industry > Category > Product Buyer can search for any product available for auction from the top search text box. C. Select an auction from Home page with all current Auctions, forth coming Auctions, Closed Auctions, Buy now Auctions.
Registered buyer can add Auction products to his Wish list. If he has requested auction code and registered for the Auction, Auction will show up in his Cart.
The buyer can click the “My Account” button on the left of the site to: > Review his Buy now products > His Auction products > Change his password > Update his profile (changes will reflect only after Administrators approval).
Buyer will pay Buyer’s premium of 5% of the Auction amount, plus sales tax (applicable per State/Federal laws) and the applicable shipping cost above the Auction winning bid amount..
Buyer can request for the product sample (if available) prior to the auction by paying a nominal sample price and shipping. The payment can be done by providing credit card info. Sample shipping cutoff is usually 3 days prior to auction date.
Shipping cost will be paid by the buyer. Please contact iVyapaar.com for shipping details. We believe in trade without international borders (restrictions apply to countries with US trade embargo and sanctions). iVyapaar has a dedicated warehouse, shipping and logistics division with headquarters based in Secaucus, NJ. All auctions are final and goods are sold / shipped as per the sample quality. Contact iVyapaar help desk for any product, quality, shipping, delivery or auction related issues.
Please refer the Auction rules in the help section of the website.