FAQ
Frequently asked questions
Getting Started
The auction is purely online. Everyone can access it after registration at our live bidding portal. Bidders bid on a lot that is still in its original yard, consigned by the consignor.
You can register by filling out our simple Sign In form on the website owningauctions.com.
Yes, you will need an account to participate, along with a refundable fee of 500€ that will be returned after the end of the auction or after payment for all acquired lots has arrived.
Bidding
You can place a bid through our live bidding software, in the user interface on the specific auction page.
Every lot has a reserve price, which ensures it is not sold until it reaches and surpasses it. Every sale also has a designated minimum price, which serves as the bare minimum for which a lot can be sold.
No. There is always a confirmation step before placing a bid, which ensures there is no accidental bid.
The system will show you as the winning bidder for the specific lot in your account from the moment of the fall of the hammer.
There is no penalization for being outbid. You simply lose the horse to the winning bidder.
Payment
Upon signing in to our bidding software, you agree to pay for any horse won. Payment is made via bank transfer.
In accordance with our Terms and Conditions, payment is due within 10 days from the "fall of the hammer."
There is a refundable deposit of 500€ upon registering for the sale. The deposit is returned after the auction is finished and the purchased horses are paid for.
Collection & Delivery
Acquired horses are to be collected from their original yards after the successful fall of the hammer. Transport is organized entirely by the buyer, though Owning Auctions offers services that solve this problem.
We offer a service that handles all the paperwork for your horse and transports it to your designated yard. To learn more, contact us at info@owningauctions.com.
Absolutely — every horse offered has an address and contact number on its catalogue page, where it can be viewed by mutual agreement between consignor and potential buyer.
All horses are sold "as is." Buyers are encouraged to study all available veterinary materials and arrange a viewing with the consignor. Our core value is providing a transparent sale, where the buyer knows exactly what they are buying.
No, there are no returns after the fall of the hammer.
Selling with Owning Auctions
Everything starts with submitting a simple enquiry via the Consignor Enquiry form. Our sales team will be in contact with you shortly afterward.
In accordance with our Terms and Conditions, we pay you within 10 days of receiving the winning bid amount from the winning bidder.
General
You can contact us anytime at info@owningauctions.com.