| Terms and Conditions |
| The Bucking Bull Exchange is not an Auction Service. Although we are referred to as an “Online Auction” web site it is important to realize that we are not a traditional "auctioneer." Instead, The Bucking Bull Exchange acts as a venue to allow rodeo stock breeders to buy and sell livestock in an auction-style format commonly referred to as "online auctions" or "auctions." We are not involved in the actual transaction between buyers and sellers. As a result, we have no control over the quality, health, the truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers to pay for items. We cannot ensure that a buyer or seller will actually complete a transaction. Consequently, we do not transfer legal ownership of an item from the seller to the buyer, all transactions are made between the seller and the highest bidder at the close of the auction. The Bucking Bull Exchange is not a Classifieds. We are not a website to advertise stock for sale. By placing stock for sale on The Bucking Bull Exchange you are consigning them to be sold to the highest bidder. Also by placing any item for sale on The Bucking Bull Exchange you are agreeing to all terms and conditions set forth by The Bucking Bull Exchange and will adhere to all consignor rules. Failure to follow rules will forfeit your right to use The Bucking Bull Exchange services as a seller and buyer. Consignor Rules: By consigning an item to be sold on The Bucking Bull Exchange you have the right to post a reserve to be met. A reserve is the minimum bid that you will accept on the item consigned. Reserves under $1,000.00 - By consigning livestock on The Bucking Bull Exchange and setting a reserve of any amount over $0.01 but under $1,000.00, you are agreeing to pay a 5% commission fee of the highest bid to The Bucking Bull Exchange if your reserve is met. If your reserve is not met you are obligated to pay a 50.00 no sale fee. The Bucking Bull Exchange will post a date when the 5% commission fee of the highest bid is due. Failure to pay the fee by the due date will forfeit your right to use The Bucking Bull Exchange services as a seller and buyer, and your delinquency will be made known on the web site. Reserves of $1,000.00 or more - By consigning an item on The Bucking Bull Exchange and setting a reserve for any amount over $999.99, you are agreeing to pay a "deposit" of $50.00 (US dollars only) to The Bucking Bull Exchange, should your reserve not get met. By consigning an item on The Bucking Bull Exchange and setting a reserve of any amount over $999.99, you are agreeing to pay a commission fee of 5% of the highest bid (US dollars only) to The Bucking Bull Exchange, should the reserve get met. Example A: 1. You consign "X" on The Bucking Bull Exchange. Reserve is set at $1,500.00. 2. The reserve of $1,500.00 is met and exceeded by $300.00. "X" is sold at the high bid of $1,800.00. 3. Result: You owe The Bucking Bull Exchange 5% of the highest bid, or in this case, $90.00. (made payable in US dollars only) Example B: 1. You consign "X" on The Bucking Bull Exchange. Reserve is set at $1,500.00. 2. The reserve of $1,500.00 is not met. The high bid ended at $1,450.00 and is a "no-sale". 3. Result: You owe the Bucking Bull Exchange $50.00 (made payable in US dollars only) Example C: 1. You consign "X" on The Bucking Bull Exchange. Reserve is set at $950.00. 2. The reserve of $950.00 is met. The high bid ended at $1,000.00. 3. Result: You owe The Bucking Bull Exchange 5% of the highest bid, or in this case, $50.00. Example D: 1. You consign "X" on The Bucking Bull Exchange. Reserve is set at $950.00. 2. The reserve of $950.00 is not met. The high bid ended at $925.00. 3. Result: You owe The Bucking Bull Exchange $50.00 no sale fee. If your reserve is not met at the close of the auction, or the highest bidder fails to purchase, you have the right to re-consign your item or give the second highest bidder the option to purchase. If you re-consign your item, it will be placed at the end of the lot list. If your reserve is met and you do not follow through with the transaction, you will not be able to re-consign that same item at a later time, and your name will appear on "The Blacklist". The blacklist is a public list of names that signify people who have agreed to follow through by consigning or bidding, and do not follow through. Also, your right to use The Bucking Bull Exchange Online Sale Pens can be terminated at the discretion of The Bucking Bull Exchange. The Bucking Bull Exchange has the right to not accept any consignment, consignor, or bidder at any time for any reason. By placing a bid or consigning an item, you are agreeing and accepting these terms and conditions. At the close of the auction it is your responsibility to contact the highest bidder and must work out all payment and delivery details with the bidder. The Breeder’s Connection is not responsible for delivery or payment options. It is the consignors responsibility to have all health and brand papers available at the time of purchase. Bidder Rules: By placing a bid on The Bucking Bull Exchange you are agreeing to all terms and conditions set forth by The Bucking bull Exchange and will adhere to all bidders rules. Failure to follow rules will forfeit your right to use The Bucking Bull Exchange services as a seller and buyer. The consignor has the right to post when payment is due, payment options, and shipping details. If you cannot reach the payment or delivery requirements set by the consignor, do not bid. Do not place a bid if you are not willing, or do not have the means to purchase the livestock. The Bucking Bull Exchange is available to serious bidders only. If you are the highest bidder at the close of the auction it is your responsibility to contact the consignor and must work out all payment and delivery details with the consignor. The Bucking Bull Exchange is not responsible for delivery or payment options. Once you place a bid on The Bucking Bull Exchange you will be sent an automated email requesting contact information. You will be given 3 days from the time your bid is posted to reply to the email with the contact information requested. When your three day period has expired, and you did not reply with the requested information your bid will be deleted from the current auction. If you made a mistake placing a bid, and you want to correct your mistake, please Contact Us and we will correct your mistake as soon as possible. If you place a bid, and it is not higher than the bid previously posted before your bid, your bid will be deleted as soon as The Bucking Bull Exchange is aware of you mistake. All bids placed for semen or embryo lots must be in a $5.00 (US dollars only) or more increment. All bids placed for a bull, heifer, or cow lot must be in a $25.00 (US dollars only ) or more increment. If your bid does not meet these qualifications, it will be deleted and you will be notified by email. The consignor has the right to post a reserve price to be met. If your bid does not meet, or is higher than, the reserve price, you will receive an email notifying you and requesting a higher bid. If you notice that you are later outbid, just like any other auction, place another (higher) bid. All bids will stop at the scheduled time unless there are two or more people actively bidding and their bids are less than 15 minutes apart. This will allow time for people with slow computer connections and for any computer problems that anyone may experience. Bidding will stop, tentatively, at the scheduled time. At this time, The Bucking Bull Exchange will wait 15 minutes for any bidders who are still actively bidding. If no bids are received within this 15 minutes, the auction will officially close. If, within those 15 minutes, bidders are actively bidding, the auction will remain open until the timing of the bids lapses beyond a 15 minute increment. This will give everyone a chance to place 'the last bid'. Who knows when it will end if we get a "bidding war"! At the close of the auction the highest bidder will be contacted. If you, as the highest bidder, fail to follow through with the purchase, you will forfeit your right to use The Bucking Bull Exchange services as a seller and buyer, and your delinquency will be made known on the web site. If the highest bidder fails to follow through with his commitment, the second highest bidder will be contacted and will be given the option to purchase the livestock at the bid that they placed. The second highest bidder is under no obligation to purchase. All monies paid to The Bucking Bull Exchange must be paid in US Dollars only. Any place any reference to money is stated throughout The Bucking Bull Exchange terms and conditions, it is in reference to US Dollars only. Any questions regarding any legal matters should be directed to Dee McLauchlin if questions or issued have not been addressed in the terms and conditions in conjunction with any service or area or part of The Bucking Bull Exchange.. |
| By placing a bid or by consigning livestock to The Bucking Bull Exchange you are accepting and agreeing to all Terms and Conditions set forth by The Bucking Bull Exchange as stated on this page and will adhere to all consignor/bidder rules and all terms and conditions, as stated on this page and/or on any other page affiliated with The Bucking Bull Exchange. All terms and conditions stated or placed in each area applies to every other area. Before utilizing any area of The Bucking Bull Exchange, including but not limited to The Sale Pen, you must read, accept and agree to abide by all terms and conditions stated on all pages provided. By utilizing the sale pen, and any other website or service provided by The Bucking Bull Exchange, you are agreeing and accepting all terms and conditions. Failure to follow rules, terms and conditions will forfeit your right to use The Bucking Bull Exchange services as a seller and buyer. The Bucking Bull Exchange reserves the right to refuse service to anyone for any reason. The Bucking Bull Exchange has the right to reject any consignment at any time for any reason. The Bucking Bull Exchange has the right to delete any post made by you at any time. |
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BUCKING BULL EXCHANGE |