Question: What Happens If I Don’T Pay For A Gun On GunBroker?

What does no reserve mean on GunBroker?

The Reserve Price is the lowest price at which a seller is willing to sell an item.

If the auction has no Reserve Price, the words ‘No Reserve’ display next to the current bid.

If bidding does not meet or exceed the seller’s Reserve Price, the item is not considered sold..

Can you get scammed on GunBroker?

The vast majority of new sellers are legitimate, but occasionally a new seller will attempt to fraudulently sell an item on our site. If you suspect fraud, you should submit a Support Issue in the Help Center.

What happens if you don’t pay for an auction item?

Should a successful bidder choose not to pay, an auctioneer has every legal right to seek payment for purchased items, including canceling the sale and reoffering the property without reserve. Typically a defaulted lot is either reoffered or returned to the consignor, but can be “tainted” to the marketplace.

Is buying on GunBroker safe?

GunBroker is not a dark web, black market to buy firearms. Despite what some politicians may think or say, buying a firearm online is 100% legal, even from a non-licensed, private individual. GunBroker isn’t a loophole in the system and all laws must still be followed. GunBroker is not an FFL, or a retailer.

How does GunBroker checkout work?

The GunBroker.com Checkout system is designed to assist the buyer and seller in completing the transaction. Checkout does not replace the item/auction format, but is a pipeline after the item/auction has ended to capture information required to complete the transaction, such as billing and shipping information.

Does GunBroker have a phone number?

We do not currently offer telephone support. Please email us at support@gunbroker.com or submit your question from the help page.

What happens if you don’t pay GunBroker?

GunBroker.com has a process to assist with Non-Paying Bidders (NPBs) which allows sellers to submit a NPB Credit Request and receive credit for the listing.

Can you trust GunBroker?

The Better Business Bureau gives GunBroker a B rating and the customer ratings on their website are 1.5 stars out of 5. Not great. Although keep in mind that people usually don’t go to BBB to leave positive reviews about a company.

What does NR mean on GunBroker?

Final Value Fee”NR” means the individual does not yet have any feedback, meaning he is most likely a new user. Final Value Fee. A fee assessed to sellers when their item is sold and the listing closes.

What percentage does GunBroker take?

Take the first $250 of your final value and multiply it by 6%. If your item sold for $250 or less this is your Final Value Fee. If your final value was more than $250, take the additional amount over $250 and multiply it by 3.5%. Add up these amounts and that is your Final Value Fee.

What happens if you win on eBay but don’t pay?

What happens if I dont pay fof an item I won? You’ll have violated the user agreement you signed agreeing to pay for any item you win or purchase. You’ll likely receive an unpaid item strike on your account. You’ll have cost the seller time and money he cannot recoup because you didn’t fulfill your contract.

What is the final value fee?

Final Value Fees. eBay charges Final Value Fees when your items sell. This fee is calculated as a percentage of the total amount of the sale. The total amount of the sale is the amount the buyer pays, including any Shipping and Handling charges.

Can you back out of an auction bid?

In many cases — yes. Buyers who have placed a bid can retract their bid any time before the auctioneer announces the sale has been completed. … If the buyer does not complete the transaction, they may be liable for any damages to the seller if the item is resold for a lower value.

What is the 15 minute rule on GunBroker?

All of our auctions use the 15 Minute Rule. If a user places a bid within 15 minutes of the scheduled end date/time, the auction automatically switches into a special mode analogous to the “going, going, gone” of a live listing.

Where is GunBroker located?

Atlanta, GeorgiaGunBroker.com is an auction website based in Atlanta, Georgia, United States specializing in the sale of firearms and related items.

Does GunBroker have buyer protection?

You May be Eligible for Buyer’s Protection: GunBroker.com will cover up to $500.00 on an item and all claims have a $100.00 deductible. We do not cover: Shipping cost.

How long do you have to pay on GunBroker?

10 daysPayment must be received within 10 days of initial contact by Seller after auction closes.

Is it illegal to bid on your own auction?

Don’t Sell to Yourself or Bid on Your Own Auctions Bidding on your own auctions or buying and selling to yourself or your own family or company in any way is strictly forbidden on eBay and if you attempt to do this, you will get caught.

Can a seller cancel a bid on GunBroker?

You cannot retract a bid once you place it unless there are exceptional circumstances. Exceptional circumstances include: The seller materially changing the description of the item after you placed a bid.

Does GunBroker collect tax?

In a manner similar to the process for your fees, they are automatically collected. GunBroker.com will collect the sales tax you are due to remit. The process will use the payment methods you already have on file.