Terms and Conditions of Sale

HOW OUR HELMSMAN SYSTEM WORKS:

• On arrival intending purchasers are registered directly online and receive a buyer number and a booklet of Bid cards if you wish to make manual bids.
• All rams are displayed for your inspection, with relevant information, online one week prior to the sale.
• Online bids can be made one week prior with formal Bidding opening from 1.30pm on the day of the sale.
• When the sale commences all rams are on the market simultaneously. You may bid on any ram, regardless of lot number - either by filling in a card and handing it to a ‘runner’ or bidding directly online.
• You may open bidding on any ram at any figure above the reserve price.
• You can also set an Auto-Bid figure for each ram. An Auto-Bid is the maximum bid you are wishing to pay. Your bid will just automatically increase if someone bids under you until it reaches your Auto-Bid limit. You are still able to increase your
  Auto-Bid limit if you are out bid.
• Bids are recorded, with the Buyer’s number, on the sale website and on the screen at the sale. You can bid on any number of rams at once and see at a glance whether your bid still stands or has been over-bid.
• There is no pressure to commit yourself to another bid, and if your ‘first choice’ ram goes beyond your limit, you can still bid on any other ram in the sale.
• A time limit will be imposed from a set time indicated on the screen. If a bid on any animal is made following this time the whole sale will auto extend. The sale ends when no further bids are made on any lot during the final count-down period.
• In case of dispute the Helmsman will have final say.

Please Note: A bid once submitted and recorded cannot be retracted, and the person submitting such bid will be responsible for it until it is overbid.

 

ADDITIONAL STANDARD TERMS AND CONDITIONS:

This sale will be hosted online, with online bidding available from one week prior to sale day, as well as the normal on-farm format.

All intending purchasers must register on the online system, either in advance of the sale by visiting the Forest Range website or on-farm on actual sale date.

The sale will be conducted under the conditions governing Auction Sales held under the auspices of the Otago Stock and Station Agents Association. The description of stock in this catalogue shall be deemed to be correct. No error, omission, or misdescription shall in anyway invalidate the sale or be made the subject of any claims for compensation.

You should only place a bid if you intend to buy at the price entered. Placing the winning bid creates a legal contract between you and Forest Range Ltd where you agree to complete the purchase.

Every lot will be the purchaser’s responsibility from the conclusion of the sale.

The sale will be operating privately without affiliation to any Stock Firm and the terms will be as follows:

• All bids made are exclusive of GST.
• All stock remains the property of Forest Range Ltd until payment is made in full. Current rates of interest will apply on overdue accounts.
• Commission payable by purchaser where handled by a Stock Firm.
• Minimum bids are set at $100.00.

Transfers:

• Buyers are requested to leave their full address with the Booking Clerks before leaving the sale, sign their transfer forms and leave instructions for delivery. 
• Grazing can be arranged pending transport. Please notify as early as possible.
• No animals to be removed until after completion of entire sale and the completed Purchaser’s Instruction Slip must be presented to staff when loading out.