In December 2016 we brought about a change to the way we Auction our horses by including Online Live Bidding. For July 2017 we are doing it again!
There are 27 Horses and 8 Stallion Services this Auction that can be bid upon Live Online from where ever you are in Australia.
How the Online Live Bidding Works
The Online Live bidding will be accessed through the home page of the Auction of the Stars website (www.auctionofthestars.com.au). Once entered you can register by filling in your details and creating a log in.
By registering for our Online Live Auction you agree to the Terms and Conditions of the Auction of the Stars.
Once you have registered and logged in you can browse the Lots through the Catalogue tab.
If you have any questions about any of the Lots get in contact with us on email@example.com.
When the Live Auction is happening (1pm AEST 30/07/2017 starting with the stallion service fees) a tab will appear called “Live Auction”.
By clicking on this you can see what is currently being Auctioned here at the Newcastle Equestrian Center in Heatherbrae NSW and even join in.
Bidding is simple you can bid using the “Quick Bid” function or by typing your bid in. The Highest Bidder and their Bid will update as the Auction progresses and show whether you are bidding against a floor bidder or another online bidder.
A “final warning” will be given to Online Bidders so you are aware the bidding is about to close.
The highest bidder on the Lot will be displayed and then we will move onto the next Lot.
We understand that the system is still in development so if you do find you have an issue with an incorrect bid etc. please get in contact with us before 5pm on the day of the Auction on 0417656636.
There will be Live Streaming of the Auction at www.australianequinenetwork.com.au, however there is often delays in Live Streaming and the horse you are viewing may not be the horse currently being Auctioned.
Live Streaming will be available on both the Saturday and the Sunday. The Saturday Live Stream will be available for replay once completed.
If you buy a horse Online
This part of the Auction works the same as a normal Auction.
We will be in touch using your registered contact details to request an initial deposit of 10% of the purchase price inclusive of GST on the horse/s you have bought.
Then we will be invoicing you for the balance which must be paid by no later than 4:00pm (AEST) Tuesday following the Auction.
If you buy a horse/s online you are held to the Conditions of Sale of the Auction.
Once the Auctioneers hammer falls the risk is passed on from the Seller to the buyer, mortality insurance can be arranged through IRT and if IRT mortality insurance is ticked in the registration process we will pass your details onto IRT who will be in contact to arrange details and payment
(for an approximate cost of insurance click here).
The horse can then be collected from the Auction stables no later than 4:00pm on the Wednesday following the Auction, unless the full purchase price has not been paid.
If the buyer defaults any money paid is forfeited and the Lot is returned to the Seller (Outlined in the Conditions of Sale). If the horse has not been collected by 4:00pm on the Wednesday following the Auction the purchaser agrees to pay agistment fees for the subsequent days that the horse is on the property unless otherwise arranged.
Good luck and Happy Bidding!