The direct purchase proposal
At Memorabid the user can consult the complete list of all the previously closed auctions and has the exclusive opportunity to send a direct purchase proposal to the winner to attempt to buy directly the item that has already been sold at auction at a price equal to or superior to the winning bid, an action protected by Memorabid as intermediary.
If the auction closed under the reserve price, user can also send a direct purchase proposal to the seller to met it and win the lot not awarded previousely.
The catalogue of items that can be bought on Memorabid will be constantly updated and expanded, our users can bid or try to get any lot presented on our digital platform.
The winner of each auction will be sure of their investment, having the chance to receive offers on the item that they won automatically and with no commitment to sell. The same platform were he won his memorabilia will be the one that will manage for him any interesting offer collectors around the world.
If the direct purchase proposal will be accepted Memorabid will take possession of the item from the first winner to ascertain that the item still conforms perfectly to the text / photographic description of the original auction; in this way the client will be able to make a risk-free purchase with the guarantee that the item will be in exactly the same condition as it was in for the original auction, even if time is passed.
Memorabid will receive the lot in our offices and will ship the lot to the "new" winner after the examination.
TERMS AND CONDITIONS OF THE DIRECT PURCHASE PROPOSAL
By sending the direct purchase proposal, the BIDDER and the RECIPIENT take both respective mutual commitments:
- The bidder takes a concrete, formal and binding commitment for his offer payment terms and timing in the case it would be accepted.
Like an auction awarded, it undertakes to make the payment of the due amount within 48 hours starting from offer acceptance. The rules relating to the commitment and registration of the credit card is the same as an auction awarded and is the one governed by the Terms and conditions of the platform (accessible CLICKING HERE), which are to be interpreted as an integral part and object acceptance.
- The recipient, in the same way, undertakes to ship within 48 hours from his offer acceptance, by express courier, the item that has been resold to Memorabid SRL headquarters (located at the Polo Tencnologico di Pavia, via Fratelli Cuzio 40, 27100 Pavia - Italy).
By sending the offer and its acceptance, the BIDDER and RECIPIENT formally accept related costs too:
- The bidder will have to add only shipping and insurance costs to the amount stated in the direct purchase proposal, as well as the award of any auction on Memorabid. Click HERE to know specific shipping and insurance costs.
The lot could come from an extraUE country. In this case is possible that customs duties must be pay to receive the package, the bidder accepts this eventual cost at his expense and undertakes to pay it.
- The recipient, by accepting the direct purchase proposal, agrees and is aware about Memorabid fee, equal to the standard of the platform for any sale: 15% on the bid value + 3% as a flat rate to cover transaction costs through digital payments and credit cards. In case of foreign extra-ue shipments Memorabid would have to pay custom duties/taxes, the Recipient ia aware and accept that moeny spent by Memorabid as custom fees to receive his package will be held from the amount raised for the sale. Money spent by the bidder will be held by Memorabid until the new buyer will receive the item and will turn out to be satisfied with it. The payment to the first winner, now seller for this lot, will be made after 14 days from the day the bidder will receive his item. The recipient simply will have to update his profile page entering his bank details to be paid.