We do everything possible to make our auctions fair and transparent. Please read the following information before you bid and buy.

Registration and deposits

Registration to bid is free. You may be required to place a refundable bid deposit. Please be aware that you must present photo identification when you register at the auction site (e.g. identity card, passport or driver's license).

Every auction is unreserved

Every item is sold to the highest bidder on auction day, with no minimum bids or reserve prices. Owners are forbidden by contract from bidding on items they are selling. Bids are irrevocable, and all sales are final. If you're the highest bidder when the auctioneer announces that an item has been sold, you're the new owner of that item.

Everything sells "as is, where is"

We recommend that you visit the auction site to inspect any items you'd like to buy before bidding on auction day. You may also send someone to the site to conduct the inspection on your behalf.

Administrative fees for buyers

Successful bidders are required to pay an administrative fee on each lot purchased (one fee per lot):

  • 2.5% administrative fee for lots selling for more than 2,500, up to a maximum of 950 per lot (in the currency of the auction, or in the case of Japan, up to a maximum of 95,000 Yen for lots selling for more than 250,000 Yen).
  • 10% administrative fee for lots selling for 2,500 or less (in the currency of the auction, or 250,000 Yen in Japan).
  • This administrative fee applies to on-site, online and proxy purchases. There are no additional fees for online and proxy purchases.
  • This administrative fee will be waived for purchases made in person at on-the-farm auctions.

Payment and removal

Purchases must be paid in full within seven (7) days of the end of the auction.
Buyers cannot remove their purchases from the auction site until their invoice is paid in full.
If Ritchie Bros. can't deliver clear title on a purchase, the buyer is entitled to a full refund of the purchase price.

Read the terms and conditions of bidding

This information is provided as a summary only. When you participate in an auction, you must review and agree to the full terms and conditions before you bid (included in your listing catalog and when you enter the auction online). Please review the full terms and conditions carefully.

Convenient bidding options

In person at the auction site

Anyone can register and bid in person at our live auctions.

Bidding online in real time

Bid online at any Ritchie Bros. auction around the world.

By proxy bid

Place a proxy bid if you want to bid on two items being sold around the same.

In a Timed Auction

Check our website, the auction brochure or your auction day listing catalog to find out if items are being sold by Timed Auction.