How Our Online Auction Works
Before someone registers to take part in our online auction it is imperative they understand how they work.
Please read the following summary:
Online Retail VS Online Auction
Participating in our online auctions events is different from purchasing through an online retailer.
Rosehill Online Auctions offer items we have sourced from mostly large retailers like Wayfair, Costco or Amazon. The items we acquire are mostly from the retailers returns program. As such we receive items in various condition from ‘Brand New’- never used to ‘As Is’ - undetermined condition. It is because we acquire these items as ‘returns’ we can offer them at no reserve meaning all items start at $1.
Our job is to examine and inspect items before listing them to most accurate represent the items description and condition.
Before participating in our auction please read the following to better understand what winning an item on our auction means compared to purchasing the same item from an online retailer.
- Large Online Retailers buy items directly from the manufacturer carrying inventory of many pieces of the same item in various possible sizes, colours or options.
Rosehill Online Auction buys items from the large retailers by the truck load. The items are an assortment varying each in type, model and options such as size or colour. We usually have little control of exactly what we are receiving specifically. Most of what we auction off are “one - offs”.
- Large Online Retailers offer very open ended return policies. Large retailers now offer return policies that allow customers huge leeways with respect to conditions of returning an item. These policies have created a culture of returning items that allow the buyer to get refunds on items for almost any reason and at any time.
Rosehill Online Auction is a small seller that cannot afford to offer such easy return policies. As such our return policy is very limited. We offer a 7 day return policy where the buyer must submit a request to return the item via email within 7 days of picking the item up. The item can be considered acceptable for a return ONLY if the item was misrepresented by us or it is listed as functional and it is not.
It is therefore the bidders due diligence to know what they are bidding on. Failing not to read or misreading the description of the product before bidding can result in winning an item you did not intend to purchase. Also, if you buy the item as a gift or plan on opening the item later you run the risk of not being able to return it as you have passed the return eligibility time.
Buyers remorse is the number one reason people seek to make a return. Not wanting the item anymore, changing your mind, disappointed with the items quality even though it was exactly represented, or feeling you paid too much for the item are not valid reasons for return.
- Large Online Retailers can offer warranties and guarantees on most products.
Rosehill Online Auction as third party sellers cannot offer any form of warranty or guarantees.
First, you need to register with us and setup an account. This involves creating a unique username that has no spaces and is preferably not your email address as other buyers see your username. You also have to register a valid credit card. The credit card is required to ensure the bids are going to be honoured if you win. The registered card information is held by STRIPE payment where your card information is held at the highest security. Your card is only charged after the auction closes. Rosehill Online has no access to your cards information. Please ensure you have enough credit on your card before bidding or risk having your card declined and if not corrected possibly being restricted from bidding on our site.
Now that you are a registered buyer you need to log onto our site with your username and password. Take a look around the site first to get used to where everything is. Read the Terms & Conditions page. The main areas to be aware of are My Auctions and My Account.
In My Auctions you can find the auctions that are Upcoming, Current and Closed.
In My Account you can find all your invoices and your personal information. You can also edit, add or change your credit card information here along with manually paying your invoices.
Upcoming Auctions are events that are in preview mode. The event is available to view items and add items to your watch list but no bids are being accepted.
Current Auctions are open for bidding. Items are active and you will notice the current price, winning bid, number of people watching the item and the time remaining before the item closes for bidding.
Closed Auctions are finished for bidding and are in the process of being picked up. Closed Auctions are still open to viewing if want to see what items were on the auction and how much there winning bid was.
Previewing and starting a Watch List. Due Diligence.
For Upcoming auctions and Current Auctions you can start by building a Watch List of items your are interested in. This is the time to do some investigating and research by reading over descriptions and educating yourself on items before you bid. If you are unsure of any items description or representation please email us using the Contact Us link. We will respond to you inquiries Mon - Sat 10am - 5pm
We open and inspect items before we put them ‘on the floor’. We note the condition of the items and you can see what designation we consider the item to be in. Here are the conditions defined and also found in our Terms & Condition.
- BRAND NEW - A unused, undamaged item in its original packaging (where packaging is applicable). Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag. Because we may inspect items original seal may be broken.
This item may have been undeliverable or not accepted by original purchaser. The item could be a discontinued item or overstock but not sold or used.
- NEW - an item deemed New cannot be considered Brand New because it has been opened. There is no sign of wear or damage. The original packaging and manuals are present. The product has been removed from the packaging but placed back in it to return. Items in this category are returned, for example, because it was the wrong model, the colour was incorrect, size was wrong or changed their mind.
- NEW CONDITION - an item considered in New Condition has been opened and been possibly used before returning but appears in new condition. All parts and manuals are present. The item is completely functional. There maybe very light wear marks from assembly or testing. We would not consider this a Used item , even though it has been, because the condition is excellent.
- NEW CONDITION - NOT TESTED - reserved for items that appear to be in excellent condition but are not able to be tested. This would include, but not exclusively; electronics, computers, instruments and gauges, motors and any item that shows all the signs of being operable but, without testing ability, we cannot certify that it works as intended. If winning this item it is up to the bidder to test the item as soon as possible and if not working request for a return.
- NEW OTHER - this condition is the same as a NEW item as described above, but with a flaw that is described in the product description. This could be a new item that has been damaged in transit, or has a blemish that may not be of concern to some buyers, a dent or mark that doesn’t render the item inoperable. We will always note the reason the item is
- OPEN BOX - an item that has been returned or may have been a demonstration or display model. The original box or packaging is not present. A product that has been assembled or assembled then disassembled before retuning. Manuals maybe missing. Though all or any of these conditions are true we consider the item to be in excellent condition with no or very little wear or signs of use.
- OPEN BOX - Scratch & Dent - The product may or may not be in the original package or in the case of appliances and furniture not in a box at all. The item has some cosmetic damage from transport or mishandling but does not affect the function of the product. These flaws are shown in the photos of the image. Manufacturers warranty may still apply - see details
- REFURBISHED - An item that has been professionally restored to working order by a manufacturer or manufacturer-approved vendor. This means the product has been inspected, cleaned, and repaired to meet manufacturer specifications and is in excellent condition. This item may or may not be in the original packaging. See product description for full details.
- USED - An item that has been used previously. The item may have some signs of cosmetic wear, but is fully operational and functions as intended. This item may be a floor model or store return that has been used in varying degree. See the description for full details and description of any imperfections.
- SALVAGE - An item that may not function as intended and may not be fully operational. This includes items that are defective in ways that render them difficult to use, items that require service or repair, items that are locked or can't be activated, or items missing essential components. This item may be good for parts only. See the description for full details.
- AS IS - The item is considered ‘As Is’ when the item may or may not operate as intended and the quality or condition of integrity cannot be guaranteed. We will state why we are listing it “As Is” to the best of our ability, but even then cannot be held responsible for its condition. Bidder is taking a risk when buying in this category as we do not accept returns.
First, bidding is not like making an offer or like buying something in the usual retail manner. Bidding is for keeps and means you are placing a price that you are contractually bound to pay if the bid ends up winning. This means you need to be certain when you place a bid that you know what you are bidding on and second that you have enough funds on your registered credit card to pay for the winning bid.
All bids are entered in the box beside the item picture. First you will notice there are no reserves. All items start their bid at $1. Next, you have to bid a minimum of at least the increment defined which increases as the price does.
Below are the increments for our auctions:
Price Level Bid Increment
$0.00 - $24.99 $1.00
$25.00 - $99.99 $2.50
$100.00 - $199.99 $5.00
$200.00 - $999.99 $10.00
$1000.00 - $4999.99 $25.00
$5000.00 - $9999.99 $50.00
$10000.00 and above $100.00
A proxy is to place a bid that is higher than increment required and the system, the online software, will place bids for you, incrementally higher by the increments shown above beating out counter bids until it reaches the limit you place in the bid box.
The lot has a bid of $28 as a winning bid. Instead of just adding an incremental bid, or Quick Bid as the system indicates, you place a higher bid, one that is higher than the increment, in this case $45. The system will automatically make you the winning bidder BUT only by the increment and NOT the high bid you placed. So your winning bid is showing as $30.50 or $2.50 higher than the $28 posted. Other bidders cannot see your proxy bid but will know you have a higher proxy bid if they were to counter with a bid of $33. The system would indicate they are not the winning bid and then place you bid $2.50 higher keeping you above their bid automatically. Your new winning bid would now be $35.50. This would continue automatically without you doing anything until and if your proxy bid of $45 was beat. At that time you would be notified by email that you were outbid and could decide to bid again.
So correspondingly, if you were to place a bid on a lot and the system indicated you are NOT the winning bidder you know that there is a proxy bid existing and you will need to continue with higher bids to try and beat their bid.
All our auctions close ‘soft’. What this means is that auctions BEGIN to close, in our case, at 7pm on closing day in small groups. We allot 12 items to close every two minutes. This gives bidders a chance to manage their bidding buy focusing on a small lot of items that are closing soon and not the entire auction. Our auctions can have over a thousand items in them pushing the final close of the last group of items 3 hours after the auction begins to close.
Once the auction begins to close bidding will begin to increase. By nature most of the active bidding takes place in the last few minutes/seconds. To accommodate a chance for a counter offer 2 minutes is added to the close time of the lot bid on each time a successful bid is entered. This allows for a counter bid and at the same time prevents bidders from timing their bid placing the bid in the last seconds blocking out any chance of any counter bid. This is called sniping and is NOT allowed on our auction. If two minutes has passed without a counter bid than the lot closes and the winner is notified they have won.
Once you have won a lot you will be emailed a confirmation email confirming you indeed won the bid. You will receive an email for all the lots you have won. After the auction finally closes and all lots have closed you credit card will be automatically charged for all the lots you have won. Added to the total is a 10% buyers premium plus HST (13% tax). So a winning bid of $45 will be charged $45.00 + $4.50 (premium) + $6.44(HST) = $55.94
If the card you registered has failed to complete the transaction you will be notified the next day to rectify the situation by making room on your card for more credit and manually processing the payment, adding a new credit card to your account and manually processing the payment or finally notifying us you will pay by cash on pickup.
To manually process a payment and/or add a new credit card to your account, you first need to click on My Account and go to Invoices found on the lefthand side of the screen. Choose the invoice by clicking on the invoice number and you will find at the top of the invoice a place to add a new card and process a payment.
Picking up your winning lots
As we navigate through the constantly evolving COVID-19 pandemic situation, we are adapting our operations. While doing so, our top priority remains the health and safety of our dedicated staff and valued customers.
Our staff will be practising social distancing and wearing protective gloves, along with a regular routine of sanitizing hands.
Are detailed on the paid invoice emailed to you.
901 Guelph Line Burlington, ON L7R 3N8
Park in designated parking spots at far end of building towards large door.
What to bring:
Your paid invoice and a vehicle large enough to hold your items. This can be a printed out copy or the emailed version on your smart phone.
Someone on your behalf is allowed to pickup up your items. The paid invoice is all that is required.
Contact us once you have arrived:
Use the posted phone number found on the sign in each parking spot to text us your invoice number and the parking space you are parked at.
Stay put! Please don't come in the building and respect social distancing with our staff and others.
Our staff will process your lots and bring them out to your vehicle. If the item(s) are small we will place the items in your vehicle for you. If its a larger order we will leave the order by your vehicle for you to load.
Our staff will not be able to help you with loading unless the item is large and heavy, like an appliance, then we will instruct you to bring your vehicle to the large door where our staff will load your item.
Note, we are not responsible for securing your items in any way. Please bring tie downs etc to secure your items if necessary.
We are offering curbside delivery for large items, like appliances and furniture. Please contact us by email to arrange times and delivery charges.
Thats it! We hope the above makes sense and will help make your experience bidding more fun and successful. Keep an eye open for upcoming auctions. Thank you for your time and good luck!