What happens if I place a bid and win? [Buyers] [FAQ]
What happens if I place a bid and win?
If a bid is placed, the bidder is committing to purchase any unit that they hold the highest bid on, this is why a credit card is required before placing a bid. Once an auction a bidder is winning has ended and the bidder has been declared the winner, they will be charged a bidder fee in % of total sale price (rate is variable based on membership type) and a 10% deposit. An invoice with Storage Facility location and total amount owed to the Storage Facility will be sent to the bidders email.