247Bidders

Terms of Use

Last updated October 16, 2026.

Summary of Key Terms

247Bidders runs timed online auctions. If you win, you get an invoice for your winning bid plus any buyer's premium and 13% HST (none on HST-exempt items), and you pay it in person when you pick up your item — by Interac e-Transfer, cash or credit card. Nothing is charged online. All sales are final. Some items can be shipped instead, at the seller's discretion (§6).

Acceptance of These Terms

These terms are an agreement between you and 2738785 Ontario Ltd., operating as Bidau House, the owner and operator of 247Bidders ("247Bidders", "we", "us" or "our"). By creating an account, placing a bid, or otherwise using 247bidders.com, you agree to them. If you don't agree, don't use the site.

Some sections apply only to some users — for example, §8 applies to anyone who lists items for sale.

Definitions

These words mean the same thing everywhere on this site and in these terms.

Listing
One item, or a group of items sold together, up for auction. Each listing has its own page with photos, a description, the current price and a closing time.
Bid
A binding offer to buy the item for up to the amount you enter. Bids can't be retracted.
Current price
The price shown on the listing right now. Every item starts at $0.
Minimum raise
The least a new bid has to beat the current price by: $1.99.
Ordinary bid
Any bid less than 1.5 times the current price. Its amount becomes the new current price, and if it wins, that amount is what you pay.
Hidden bid
A bid at least 1.5 times the current price. Its amount is never shown to anyone else. If it wins, you pay the next highest bid plus $1.99, and never more than your hidden amount.
Highest bidder
The bidder who would win if the auction closed right now. On the site you'll see this as "Winning".
Outbid
Another bidder has taken the lead from you. You'll see "Outbid", and you'd have to bid again to get it back.
Soft close
A bid placed in an auction's last minute adds 2 minutes to its closing time, so it ends only once bidding stops.
Closing time
When an auction's timer runs out, including any soft-close extensions. After that, no more bids are accepted and the result is final.
Winner and winning bid
The winner is the highest bidder at closing time ("Won"). The winning bid is what the winner pays for the item, before any buyer's premium and tax. Everyone else who bid has "Lost" and owes nothing.
Buyer's premium
A percentage added to the winning bid, shown on the listing before bidding opens and itemized on the invoice. A listing that doesn't show one has none.
HST
Ontario's 13% harmonized sales tax, added to every invoice except for items marked HST-exempt on their listing (such as investment-grade gold or silver bullion).
Invoice
The bill a winner gets once the day's auctions are over: everything they won that day, with each winning bid, any buyer's premium and HST. It's due within 7 days and paid in person at pickup.
Pickup
Collecting your item in person at our warehouse. It's where you inspect the item and pay, by Interac e-Transfer, cash or credit card.
Past Auctions
The page listing auctions that closed in the last 60 days and what they sold for.
Bid ID
The masked label, like "WA****45", that other bidders see in a listing's price history instead of your name.
Watchlist
Listings you're following. Bidding on an item adds it to your watchlist automatically.
My Bids
The page in your account listing every auction you've bid on and where you stand in each.

1. Eligibility and Bidding

Who Can Bid

  • You must be 18 or older — and at least the age of majority where you live, which is 19 in some provinces — to create an account, bid, or sell. A bid is a binding commitment to buy, and that isn't something a minor can enter into. Browsing is open to everyone.
  • You need an account with a verified email address to bid or create listings.

Bid Commitment

A bid is a commitment to buy. If you're the highest bidder when the auction closes, you've bought the item and must pay for it.

Bid Increments and Hidden Bids

Every item starts at $0 and each bid must beat the current price by at least $1.99. A winning ordinary bid pays its own amount. A bid at least 1.5 times the current price is a hidden bid: its amount isn't shown, and if it wins it pays the next highest bid plus $1.99, never more than the hidden amount. Raising your own bid while you're already the highest bidder follows the same rule: it's a hidden bid only at 1.5 times the current price or more, otherwise its amount becomes the current price.

Soft Close

Bids placed in the last minute extend the auction by 2 minutes ("soft close"), so an auction ends only when bidding actually stops. That includes raising your own bid while you're already the highest bidder.

Bid Retractions and Corrections

Bids cannot be retracted. Don't bid to test. The one exception is an obvious typing error — a bid with a misplaced decimal or an extra digit. Email us before the auction's last 48 hours and we'll correct it. Changing your mind, or not having read the listing, is not a typing error, and nothing can be corrected after an auction closes.

Multiple Wins

If you win more than one item, you owe us for all of them. You can't pay for some and walk away from the rest. Everything you win in a day is on one invoice.

2. Winning an Auction

Auction Results

Invoices are issued once a day, after that day's auctions (Eastern time) have all closed, and no later than 3 a.m. Eastern the next morning. Each winning bidder gets one invoice for everything they won that day; an auction still running at 3 a.m. is invoiced the following night. Losing bidders never owe anything.

How You'll Know If You're Winning or Losing

While an auction is running

  • Every listing you've bid on shows "Winning" (green) or "Outbid" (red). It updates by itself — no need to refresh. You'll see the same label on the auction's card when you browse, and on your My Bids page.
  • We email you each time another bidder takes the lead from you, with the new price and a link to bid again.
  • If your bid doesn't take the lead, because another bidder's hidden bid is higher, the listing tells you straight away. You won't get an email for that, since you're already looking at the result.

When the auction closes

  • If you won, we email you your invoice, and the listing and My Bids show "Won". The invoice is also under My Invoices.
  • If you lost, we don't email you. The listing and My Bids show "Lost", and you owe nothing.

The site is the official record, not your inbox. Emails can be delayed or land in a spam folder, and not getting one doesn't change the result: if My Bids says you won, the invoice is yours to pay. Check the listing or My Bids whenever you want to be sure.

Payment Deadline and Method

  • Invoices are due within 7 days of the date they're issued.
  • All payment happens in person at pickup (Unit 5, 250 Cochrane Drive, Markham, ON L3R 8E5, hours: Mon-Fri 10am-5pm) by Interac e-Transfer, cash, or credit card (Visa, Mastercard, Amex or UnionPay) on our payment terminal. We never ask for card details online.

Non-Payment

An invoice not paid within 7 days is overdue: a one-time late fee of 10% of the invoice total is added — once, not per day — and we email you the new total. If it's still unpaid 21 days after the due date, the invoice is cancelled and so is your order: you owe nothing on it, late fee included, and the item may be sold to someone else. We may also suspend your account from bidding on future auctions.

3. Fees, Taxes and Charges

Your invoice itemizes everything. There are no charges beyond what it shows.

Sales Tax (HST)

13% Ontario HST is added to every invoice, except for items that are exempt under Canadian tax law — such as investment-grade gold or silver bullion (not jewelry). An exempt item says so on its listing, and no HST is charged on it or on its buyer's premium; anything else on the same invoice is taxed as usual. Pickup happens in Ontario, so Ontario tax applies wherever you live. Bid amounts shown during an auction are always pre-tax.

Buyer's Premium

A percentage of the winning bid, itemized separately on your invoice. Your rate depends on the total of your winning bids (before premium and tax) on invoices you've already paid, counted before the sale in question, and that one rate applies to the whole sale. Unpaid invoices don't count toward it, and reaching a new tier doesn't change past invoices.
Your paid winning bids to dateBuyer's premium
$0.00 – $19,999.9912%
$20,000.00 – $49,999.9910%
$50,000.00 – $99,999.995%
$100,000.00 and up0%
Every listing states its premium before bidding opens, and the table in effect when a listing opens is the one that applies to it — a change never reaches an auction that's already running. A premium is never added to an item that didn't show one. Your current rate is shown next to the bid button; as your total grows, your rate can only stay the same or fall, so it's the most you'll pay.

Currency

Every amount on this site is in Canadian dollars (CAD).

Referral Waivers

If you sign up through a signed-in member's referral link, you get one win with no buyer's premium; the member who referred you gets one when you pay your first invoice. The referring member earns nothing for a sign-up alone, for bids, or for a win that isn't paid. A waiver applies automatically to your next winning bid of $200.00 or less (a larger win leaves it for later) and sets that item's premium to $0; tax is then charged on its winning bid alone. You can't refer yourself, the referring account must have a verified email and not be suspended, and at most 5 sign-ups per referrer count in any 90 days. A waiver isn't cash and can't be exchanged, sold, or transferred to another account. We can change or end the referral program at any time; ending it doesn't cancel a waiver on an invoice already issued.

No Other Fees

We don't charge bidding fees, account fees, storage fees, or payment-handling fees, and paying by card costs the same as cash. The only charges beyond your invoice are the late fee on an overdue one (§2) and shipping, if you arrange it for an item that offers it (§6).

4. Item Descriptions and Condition

We describe and photograph each item as accurately as we can, and the photos are of the actual item. But most goods on this site are used, and we are not their manufacturer or original owner, so there's a limit to what we can tell you.

Condition Ratings

Condition words like "good" or "fair" are our opinion, not a grading standard or a guarantee.

Included Accessories

Don't assume features, functions, parts, cables, or accessories that aren't pictured or described. If it isn't listed, assume it isn't included.

Testing

"Powered on" means the item turned on when we plugged it in. It does not mean every function was tested.

No Warranty of Authenticity

We make no warranty as to authenticity, authorship, origin, age, provenance, or completeness. Appraisals or certificates included with an item state a replacement value for insurance — that is not a market price and not our valuation.

Questions Before You Bid

Ask us before you bid if something matters to you. Questions are free; bids are binding.

5. As-Is Sales and No Returns

Items are sold as-is, with all faults, and without warranty of any kind except those that Ontario or Canadian law does not allow us to exclude.

Inspection at Pickup

Inspect your item at pickup before paying — once you pay and take the item, the sale is final and there are no returns or refunds. If an item is materially different from its description, raise it at pickup before paying.

6. Pickup and Collection

Pickup, and Shipping Where Offered

Items are collected in person during posted pickup hours (Mon-Fri 10am-5pm) at Unit 5, 250 Cochrane Drive, Markham, ON L3R 8E5, unless shipping has been arranged.

Shipping depends on the item and is at the seller's discretion, so it isn't available for every item — an item can be shipped only if its listing says so. If you'd like a shipped item sent to you, contact us after you win. We'll tell you the shipping cost and how to pay before anything is sent; shipping is charged separately from your invoice. If no shipping is arranged, the item must be picked up.

Holding Period and Abandoned Items

  • We hold items for 30 days after the auction closes. Items not collected in that window may be treated as abandoned and resold or disposed of, and you still owe the invoice.
  • Note that these are two separate clocks: your invoice is due within 7 days, and because payment happens at pickup, collecting your item within 7 days is how you pay it on time. The longer 30-day window is how long we'll physically keep the item before giving up on it — it is not an extension of the payment deadline.
  • If you can't make the window, contact us — we're reasonable.

Identification

We release items to the winning bidder, who should bring photo ID and their invoice number.

Someone Else Collecting for You

If someone else is collecting for you, email us in advance from the address on your account with their name.

7. Buyer Responsibility After Purchase

Legal Compliance

Once an item is yours, knowing and following the law about it is your responsibility, not ours — that includes how it may be transported, stored, used, modified, resold, or possessed where you live. Some goods are legal to own but regulated in ways we can't anticipate for every buyer.

Release of Claims

You agree not to hold us, our staff, or our sellers responsible for losses or claims arising from an item after you take possession of it. This doesn't limit any rights you have under Ontario or Canadian consumer law, or apply to something we got wrong before the sale.

8. Listing Standards

Accurate Descriptions

Listings must describe items truthfully, including defects.

Prohibited Items

Prohibited: illegal items, counterfeits, recalled goods, weapons, and anything you don't have the right to sell. We may remove listings, cancel auctions, or suspend accounts that break these rules.

Cancelled or Withdrawn Listings

We may also pull a listing and cancel its bids if the item was listed in error, described wrongly, priced wrongly, or turns out to be recalled or unsellable — including after the auction closes. If that happens you owe nothing, any payment is refunded in full, and we'll tell you why.

9. Account Registration and Conduct

Accurate Information

The information you register with must be true, current, and complete, and you must keep it that way. We may close an account registered with false details and cancel its bids.

One Account per Person

Don't register more than one account, and don't bid against yourself from another account or have someone in your household do it for you.

Account Security

You're responsible for what happens under your account. Keep your password to yourself.

Identity Verification

For a new account's first wins, we may ask you to confirm your identity before releasing items or before you bid further — usually a piece of photo ID by email. This is how we keep the site clear of bidders who never intend to pay.

Suspension and Termination

We can suspend accounts for non-payment, shill bidding, abusive behaviour, or other misuse — suspended users can still browse and settle existing invoices. We may also decline to open an account or accept a bid, though we won't do it for any reason prohibited by human rights law.

If we find out an account holder is under the age required above, we'll close the account and cancel any bids it has open. What we do with the personal information on it is covered in the Privacy Policy.

10. Communications and Fraud Prevention

How We Contact You

We only contact you about an auction you won. We never offer an item to a bidder who lost — a message saying you can still buy something you didn't win isn't from us.

Recognizing Scams

  • Every real invoice appears in your account on this site. If it's not there when you sign in, it isn't from us.
  • We only email the address on your account, and only from an @247bidders.com address.
  • We never ask for payment outside the invoice, never ask for card or banking details, and never ask you to e-Transfer before pickup — unless you asked us to ship an item, and then only for the cost we quoted you.

Reporting Fraud

Anything else claiming to be us is fraud — please forward it to info@247bidders.com.

11. Intellectual Property

The listings, photographs, text, and design on this site belong to us or our sellers. You're welcome to share a link to a listing. Copying our photos or descriptions, or scraping the site in bulk, isn't allowed without our written permission.

12. Limitation of Liability

We provide the auction platform as-is. To the extent the law allows, our liability for any claim is limited to the amount you paid on the invoice in question. Nothing in these terms overrides consumer rights that apply to you under Ontario or Canadian law.

13. Governing Law and Disputes

These terms are governed by the laws of Ontario and the laws of Canada that apply there, and the courts of Ontario have jurisdiction over any dispute. If a court finds part of these terms unenforceable, the rest stays in effect.

14. Changes to These Terms

We may update these terms; material changes will be posted on this page with a new "last updated" date. Continuing to use the site after a change means you accept the updated terms. A change never applies backwards to an auction you already won.

15. Prohibited Conduct

When using the site, you must not:

  • Bid to push up the price of an item you're selling or have an interest in, or have anyone do it for you ("shill bidding").
  • Bid with no intention of paying, or bid just to test the site.
  • Use more than one account, or use or share someone else's.
  • Use bots, scripts, or other automated tools to bid, watch auctions, or copy content from the site.
  • Interfere with the site's operation or security, or try to get around a suspension or a limit we've set.
  • Harass, threaten, or abuse other users or our staff.
  • Give us false information, or make reports you know are false.

If you do, we may cancel your bids or invoices, void the result of an auction your conduct affected, suspend or close your account, and report illegal activity to the authorities.

16. Site Availability and Technical Issues

We work to keep the site running, but we can't promise it will always be available, fast, or free of errors. Maintenance, outages, and internet problems — ours or yours — can stop a bid from going through.

Our Records Decide

A bid counts only once our system has recorded it, and the time our server records is the bid's time — not when you pressed the button. The listing page and My Bids show whether a bid went through.

Problems During an Auction

If an outage or error on our side affects an auction — for example, it stops people from bidding near the end, or shows the wrong price or end time — we may extend the auction, cancel it, or relist the item. If we cancel an auction, nobody owes anything for it.

Bidding Late Is at Your Own Risk

We're not responsible for a bid you couldn't place or a notice you didn't receive because of a technical problem, especially one on your side, such as your device or connection. The soft close gives late bids time to be answered, but don't rely on the last few seconds. This doesn't limit any rights you have under Ontario or Canadian consumer law.

17. Privacy

How we collect, use, and protect your personal information is explained in our Privacy Policy. Please read it alongside these terms.

18. Contact Us

Questions about these terms? Contact 2738785 Ontario Ltd., operating as Bidau House (247Bidders):