iComTrader Buyers Guide

Registration:

You must register to participate in any of the auctions or to place an offer to buy on iComTrader. Once your application has been received all information will be approved before access to iComTrader will be granted.

We perform random investigations of registered buyers in order to maintain the integrity of our business model.

There are no fees or commissions accessed to buyers. We will only field inquiries for buyers that are registered members. Registration is Free. Buyers may be held responsible for all or part of sellers owed commission, if it is determined that buyer was complicit in circumventing commssions due to iComTrader.

Private auctions - A seller may choose to hold a private auction or sale. Only those invited members will be approved to bid in any of these events. In all cases of private sales, it will be up to the Seller to approve a buyers profile in order to participate in a private auction event. In such cases, we suggest that you contact the seller for approval. All registered members are expected to abide by site policies. It will be at the sole discretion of the iComTrader managment team to approve bidders, or to allow a bidder to continue on the website.

Your Member ID and Password:

Once you have registered you may not change your Member ID. You may change your password at any time. Your password is stored in the Contact Info area and may be accessed by logging in to the Members Area.

Feedback and Trust:

iComTrader will act in a responsible manner monitoring the buying and selling activity on the site. This site is a venue and iComTrader cannot take responsibility for transactions that take place between the members on the site.

Each member may leave feedback for another member after they have completed a transaction. This feedback may be viewed by anyone by clicking on the number displayed next to a Member ID.

The feedback tool is a good way to judge the satisfaction of other members. Use the feedback tool to help judge who you want to enter into transactions with on this site. Keep in mind, the lack of any feedback may only mean a member is new to the site.

Viewing Listings on iComTrader:

To browse for items, click the Listings link located at the top of every page. Search can be used to locate specific items.

When viewing results, click the listing title to view the item detail and place your bids.

Icons Used on iComTrader:

When viewing lists of items either on the home page, through search, or in the categories, you will notice icons that are designed to tell you something about the item at a glance.

New Listing
Ending Soon
Buy Now Available
Make Offer
Hot Item
Reserve Item

Placing a Bid:

Once you have decided to place a bid you will need to have your Member ID and Password handy. The minimum amount you must bid is displayed with the listing. When entering your bid, enter only numbers and decimal points. Do not enter dollar signs or commas.

Once you enter your bid, you will be asked to confirm your bid. Be careful. You may not retract a bid once placed.

Bidding When Quantities are Available:

Dutch auctions are held when more than 1 of a certain item is available at the same time. When bidding on a Dutch auction, you will need to provide both your bid amount and the quantity you are bidding on.

At the end of the auction the system will determine the winners by looking at the following in this order: Bid Amount, Quantity Bid, and time the bid was placed. The winning bids on the items will then be changed to the amount bid by the lowest winning bid.

Bidding on Regular Listings:

When entering a bid amount, you may choose to enter only what is necessary (and make it easy for someone to outbid you!), or you may enter a Maximum Bid.

A Maximum Bid is a confidential bid that is used to bid for you should someone raise the bid. The smallest amount of your Maximum Bid necessary to be the high bidder is used when placing your bid.

If an auction item contains a Buy Price bidding will immediately end if your bid meets this price.

Bidding Results:

After you have placed your bids, you will be informed if your bid has been accepted. If a higher bid is needed you will be informed and allowed to place another bid.

At the close of the auction, or when you purchase something outright, you will be notified by email. If you have won or purchased multiple items, these items can be combined by requesting an invoice from the seller.

Tracking Bids:

The Bid Tracker, located in the Members Area, keeps track of listings that you have bid on or marked to watch.

Tracking Purchases:

The Invoices for Purchases tool, located in the Members Area, keeps track of items you have purchased.

Messages/Email:

iComTrader will send notices by email when you have bid, been outbid, or have won a listing. To ensure that you receive these messages you will also find a copy of every message sent in the Messages section of the Members Area.

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