PeerBid LLC Consignor Agreement
-You (the seller) give PeerBid LLC pictures/scans of your book(s) for auction (highlighting any significant defects)
-You are responsible for collecting payment from the buyer after the auction ends. We will send you all necessary information to contact them and we will do the same with the buyer. PeerBid LLC is not responsible to reimburse sellers for any G&S fees on any refund, PayPal monetary conversion, and/or transaction service or unwinding.
Buyer Payment Terms
Payment for any winning bid is due within seven (7) days of the auction’s conclusion.
Late Payment: If payment is not received within the specified time frame, the sale will be deemed void, and the item may be offered to the next highest bidder, canceled or re-listed at the discretion of the consignor.
Non-Payment Consequences: Failure to complete payment will result in the Bidder being banned from participating in future auctions.
-You pay PeerBid LLC our 5% Sellers Fee (5% of the auction items end price) plus the listing fee of $20 per listed item once you receive payment from the buyer. You then ship the sold book(s) PACKED SAFELY and fully insured, with signature required, to the buyer within 7 business days. Seller sends PeerBid LLC pics of packaging, proof of insurance, and tracking info day of shipping.
Example of amount owed to PeerBid LLC
You sold one item for $1000
5% Seller Fee= $50
Listing Fee= $20
$70 is due to PeerBid LLC upon payment from the buyer.
-Buyer has 3 days from the day of receipt to request a full refund. If a return is timely requested, the seller will refund upon safe return of item(s) and any commission will be returned. Buyer pays return shipping.
-PeerBid LLC, including its owner, agents, and consultants, merely serves as a broker in any sales transaction(s). You, as the seller, are solely responsible for any loss or damage to the book(s) you sell (hence the insurance requirement), any non-refundable PayPal G&S fees, and for collecting any required tax.
-Seller agrees not to list the same book(s) on their own direct sales post(s) or with any other platform or auction house while those book(s) are being auctioned on PeerBid LLC, and to PROMPTLY inform PeerBid LLC if any listed books sell. Seller agrees not to list any book listed on PeerBid LLC on any other consignment page, website, or application while the listing(s) is active on PeerBid LLC.
-PLEASE REPLY WITH “I FIRST NAME LAST NAME HAVE READ THE CONTRACT AND AGREE” if you understand and accept the terms of this CONTRACT.
Privacy Policy for PeerBid LLC
Effective Date: 01/01/2024
1. Introduction
Welcome to PeerBid LLC. Your privacy is paramount to us. This Privacy Policy outlines the types of information we collect from users of www.peerbid.com, how we use it, and the steps we take to safeguard your data.
2. Information Collection
We collect personal information when you register, place bids, or list items. This includes but is not limited to your name, contact details, payment information, and any other information necessary to facilitate auction transactions.
3. Use of Information
Your information is used to manage your account, process transactions, communicate with you, and improve our services. We may also use it for legal purposes and to enforce our terms and conditions.
4. Data Sharing and Disclosure
We do not sell or rent personal information. We may share your information with third parties for purposes of auction facilitation, payment processing, and legal compliance. All third parties are required to maintain the confidentiality of your information.
5. Data Security
We implement robust security measures to protect your data from unauthorized access, alteration, or destruction. However, no internet-based platform can guarantee absolute security.
6. Cookies and Tracking Technologies
Our website uses cookies and similar technologies for functionality, analytics, and personalized user experience.
7. User Rights
You have the right to access, correct, or delete your personal information. Please contact us if you wish to exercise these rights.
8. Changes to Privacy Policy
We reserve the right to modify this policy. Any changes will be posted on our website and effective immediately upon posting.
9. Contact Us
For any questions or concerns regarding this policy, please contact us at admin@peerbid.com
10. Consent
By using our website, you consent to the collection and use of information in accordance with this policy.
PeerBid LLC Terms And Conditions
1. Acceptance of Terms
By participating in this auction, participants (hereafter referred to as “Bidders”) agree to be bound by these Terms and Conditions. These terms apply to all items listed for auction. Peerbid LLC, including its owner, agents, and consultants, merely serves as a broker in any sales transaction(s) between Bidders and Consignors (Sellers). The seller is solely responsible for any loss or damage to the items sold, any non refundable PayPal G&S fees, and for collecting any required tax.
2. Refunds & Returns
Buyer has 3 days from the day of receipt of the item to request a full refund. If a return is timely requested, the seller will refund upon safe return of item(s) and any commission will be returned. Buyer pays return shipping.
3. Payment Terms
Payment for any winning bid is due within seven (7) days of the auction’s conclusion. Acceptable forms of payment will be listed and may include credit card, bank transfer, Venmo, Zelle or other specified methods.
Late Payment: If payment is not received within the specified time frame, the sale will be deemed void, and the item may be offered to the next highest bidder or re-listed at the discretion of the consignor.
Non-Payment Consequences: Failure to complete payment will result in the Bidder being banned from participating in future auctions.
4. Collection of Items
Winning Bidders must arrange for the collection of purchased items with the consignor directly. Failure to collect purchased items may result in cancellation of the sale at the discretion of the consignor.
5. Bidding Eligibility
Participants must be of legal age and capacity to form legally binding contracts. The auctioneer reserves the right to reject any bids or bidders at their sole discretion.
6. Item Representation
All items are sold as is, where is, with no guarantees or warranties stated or implied. Descriptions and images of items are for informational purposes only and not guaranteed to be accurate but are reviewed to be as accurate as possible.
7. Disputes
Any disputes arising out of or related to these Terms and Conditions or any auction shall be addressed promptly and resolved by the auctioneer. The auctioneer’s decision shall be final and binding.
8. Amendments to Terms and Conditions
The auctioneer reserves the right to amend these Terms and Conditions at any time. All participants will be subject to the amended terms upon their publication.
9. Governing Law
These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which the auctioneer operates.
10. Acknowledgment
By bidding, the Bidder acknowledges that they have read, understood, and agreed to all terms and conditions herein.
