Auction Terms & Conditions

These Terms and Conditions constitute a legally binding agreement between the bidder (“Bidder”) and Pearce & Associates Auction Company (“Auctioneer”). By registering and bidding, you agree to all terms outlined herein.

1. General Terms

All property is sold AS IS, WHERE IS, with all faults and without warranty of any kind, expressed or implied.

Auctioneer makes every effort to provide accurate descriptions; however, all descriptions, statements, and representations are matters of opinion only and are not guarantees.

Bidders are strongly encouraged to inspect all items prior to bidding.

All sales are final. No refunds, returns, or chargebacks will be permitted.

Auctioneer reserves the right to:

• Add or remove items
• Cancel or postpone the auction
• Reject any bid or bidder at its sole discretion

2. Bidding & Auction Process

This auction utilizes an Extend-One, Extend-All (soft close) feature.

If a bid is placed on ANY lot within the final 5 minutes:

• ALL lots will extend an additional 5 minutes
• Bidding will continue until no bids are placed for 5 minutes consecutively

Max Bid / Proxy Bidding

When placing a max bid:

• The system will automatically bid on your behalf
• Your max bid is not immediately shown
• The system only increases bids as competing bids are placed

3. Buyer’s Premium & Taxes

A Buyer’s Premium will be added to all purchases:

• 15% on items under $10,000
• 10% on items $10,000 and above

Applicable sales tax will be collected unless a valid resale certificate is provided.

For titled items (vehicles, vessels, etc.):

• Sales tax will be paid at the time of registration per state law

4. Payment Terms

Accepted forms of payment:

• Cash
• Certified Funds
• Wire Transfer
• Credit Card (up to $2,500)

A 3% processing fee applies to all credit card transactions.

All invoices must be paid within 2 business days of auction close unless otherwise stated.

5. Default & Non-Payment

Failure to pay within the stated timeframe constitutes default.

In the event of default:

• The bidder may be revoked from future auctions (including MarkNet platforms)
• The Auctioneer may charge the bidder’s credit card on file
• The bidder remains liable for the full purchase amount
• Items may be resold without notice

6. Pickup, Removal & Abandonment

All items must be removed within the scheduled pickup period.

Failure to remove items will result in:

• Items being deemed abandoned
• Ownership reverting to seller or Auctioneer
• No refunds issued

Auctioneer is not responsible for:

• Damage
• Theft
• Storage of items after auction

Any assistance provided by Auctioneer staff is at the bidder’s risk.

7. Condition of Items

All items are sold AS IS, WHERE IS.

No guarantees are made regarding:

• Condition
• Authenticity
• Functionality
• Completeness

No allowances will be made for:

• Errors in cataloging
• Defects not disclosed

8. Bidder Responsibilities

Bidders are responsible for:

• Maintaining confidentiality of login credentials
• All activity is conducted under their account

Any misuse of the platform or violation of laws will result in termination of bidding privileges.

9. Credit Card Authorization

By registering, bidder agrees:

• Auctioneer may charge the card on file for unpaid invoices
• Card may be charged if bidder fails to complete payment or pickup
• Bidder will not dispute or chargeback valid charges

Failure to comply may result in:

• Legal action
• Permanent bidding suspension

10. Jewelry Disclaimer (If Applicable)

Pearce & Associates Auctioneers are not certified gemologists.

All jewelry descriptions and appraisals:

• Are provided by the seller
• Are not guaranteed

Buyers are strongly encouraged to inspect and verify all items prior to bidding.

11. Legal & Jurisdiction

All disputes shall be resolved in:

Charleston County, South Carolina

By participating, bidder agrees to jurisdiction and venue in this location.

Med Spa Liquidation: Advanced Aesthetic Equipment & Treatment Systems

Location: MOUNT PLEASANT, SC

Auction Ends: Friday, April 17th at 7pm EST

Inspection: Friday, April 17th, Time TBA

Pick Up: Monday (4/20) and Tuesday (4/21) from 10am-3pm. 

Payment: Payment will be required within (2) days of auction end. Payment can be made by cash, cashier's check, or bank wire. We accept credit cards up to $2,500, subject to a 3% surcharge.

Shipping: Shipping is available for this auction. Buyers are responsible for arranging all packing, shipping, and transportation of their purchases. To assist our bidders, we have partnered with recommended third-party shipping providers who can handle pickup, packing, crating, and delivery nationwide and internationally (See Shipping Lot Below For More Info).

Extend-One, Extend-All Feature: If a bid is placed on ANY item with less than 5 minutes remaining in the auction, the bidding window for ALL items will extend back to 5 minutes. This will continue until the bidding ceases on all items for 5 minutes consecutively.

Buyers' Premium: 10% on Items over $10,000 and 15% on Items Under $10,000

Questions: Contact Alex (SC Auc Lic #4772) at Alex@AuctionByPearce.com

More pictures and information can be viewed on each lot by clicking "View Lot Details Now" in the green bar.