PRG Proshop Winter Camera, Lighting & Pro AV Auction

The following highlights key sale terms and identifies sale specific terms. These, along with our General Terms & Conditions of Sale and any announcements made prior to the auction, comprise the Complete Terms of Sale between PRG ProShop as Seller, ThreeSixty Asset Advisors as Auctioneer and Seller’s Agent, along with its partners, advisors and clients, and you as Bidder or Buyer. To confirm your responsibilities, please review the following highlighted Terms as well as the complete General Terms & Conditions of Sale, which can be viewed or downloaded here: General Terms of Sale

NOTE: Terms are subject to modification; please verify terms prior to bidding. All references to Auctioneer encompass PRG, ThreeSixty Asset Advisors, its partners, bidding platforms, agents and representatives.

• INSPECTION: Monday, October 26 and Monday, November 2, from 12pm to 4pm PT, by appointment only, at 1245 Aviation Pl, San Fernando, CA 91340. The facility is open only on Inspection Days and during scheduled removal appointments. To schedule an inspection appointment, email [email protected].
• BUYER’S PREMIUM: A 13% Buyer’s Premium will be added to the price of each lot.
• DEPOSITS: Credit cards are requested at the time of registration to assist with our buyer qualification process. However, cards are not charged unless and until you make purchases and in alignment with all other terms of sale. Upon placing a bid at the auction, you acknowledge and accept that by doing so, you accept all terms of sale including your immediate obligation to a 25% deposit on winning bids. Please note that this obligation remains whether or not we elect to charge the deposit or await full payment at the conclusion of the sale. Bidders intending to spend in excess of $5,000 or International Bidders must contact Auctioneer prior to the Sale to make arrangements, which may include providing a cash form of deposit (i.e. wire transfer), at Auctioneer’s sole discretion, to authorize your participation and avoid bidding interruption.
• PAYMENT DEADLINE: All payments are due upon receipt of Invoice, which will be emailed within 24 hours of the auction. If you were a successful bidder and do not receive an invoice within 24 hours of the auction, please contact our office. Payments must be made prior to picking up your purchases.
• PAYMENT FORMS: For all invoices up to $5,000 (total including fees), your credit card on file will be charged upon the completion of the sale. If you prefer not to pay by credit card, or if you spend in excess of $5,000, contact our office for wire transfer instructions. All wires must be received by close of business (5:00 PM Pacific) on the day following the auction. We do not accept ACH payments. The auction is being conducted in United States Dollars ($USD).
• SALES TAX: San Fernando, Los Angeles County, CA rate: 11.0% – Sales tax is assessed based on your receipt of goods where the goods are located, and based on the purchase price plus buyers’ premium. Sales tax will only be waived upon receipt of a valid reseller permit from Buyer acceptable to the taxable jurisdiction, provided PRIOR TO THE CLOSE OF THE AUCTION. If not received prior to the close of the auction, Buyers will be charged sales tax.
• BIDDING: Lots begin closing Tuesday, November 3, at 9:00am PT. Items will close at a rate of 2 items per minute and will extend when any bidding occurs within 2 minutes of the closing or any adjusted closing time. Bidding occurs per the increment table accessible on the bidding website. You may review the bid history on an item at any time. Note that if a high bid equal to your high bid is awarded to another bidder, this means they submitted a maximum bid for the same amount prior to your bid submittal.
• QUANTITIES: Please note that many lots in this sale have multiple pieces. Note if the bid system shows “x” the bid, then the bid price you submit will be multiplied by the unit. Otherwise, your bid will be a lump sum for the entire lot, inclusive of the entire quantity described. Please review the specific lot offering to ensure proper bidding, as bids may not be retracted once submitted.
• CONDITION: Every lot in this sale states an Operational Status of either Operational or Needs Repair. Operational means the item was in service and believed to be functional when removed from the rental inventory. Needs Repair means the item has a known fault, missing component, or functional limitation and may require repair, service, or replacement components. Any known issues specific to a lot are disclosed in that lot’s description. Operational Status is offered as a guide only. It reflects a general assessment, is not a test result, and is not a warranty or guarantee of condition, completeness, operability or fitness.
• REMOVAL: Buyers are responsible to make arrangements for items to be removed during posted times. All removal is by APPOINTMENT ONLY. Paid Buyers can schedule appointments by emailing [email protected]. Buyers arriving without an appointment will be accommodated on an ‘as available’ basis or may be turned away. You may pickup yourself, send a shipper or contact one of our unaffiliated, 3rd party shipper referrals below. Purchases will be brought to the loading dock. Buyers must bring all materials, carts and manpower necessary to load purchases from the loading dock into their vehicle. IMPORTANT: Buyers must arrive with an ID that matches the name on the invoice. If sending a 3rd party to pickup on your behalf, you must complete and submit an Agent Release form to our office authorizing the 3rd party to pickup on your behalf. The 3rd party must provide ID matching the Agent Release form and sign documentation upon arrival at pickup.
  • REMOVAL TIMES: We will NOT be open on the day of the auction or the day following the auction. Appointments (required) will be scheduled Thursday, November 5 – Tuesday, November 10, from 9am to 4pm PT (Closed Sunday), by Appointment ONLY.
  • 3rd PARTY SHIPPER REFERRALS:
    • City Business Shipping Inc. – Richard – 213.612.4949 – [email protected]
    • Navis Pack & Ship – Elin Perez – 818.956.1137 – [email protected]
    • Craters and Freighters – Chad – 303.393.7633 – [email protected]
• REPRESENTATIONS: We do our best to help Buyers make informed purchase decisions. All information provided, including operational status, descriptions, photos, part numbers, and spec sheets, is offered as a guide, in good faith, and with the utmost care. However, we cannot guarantee the accuracy of any such information and do not warrant the sale of any item on the grounds of inaccuracies, inconsistencies, or otherwise. Further, neither Auctioneer nor Seller makes any representation, guarantee or warranty as to the provenance, authenticity or operability of any items offered for sale, or the conveyance of any third party rights, including but not limited to copyrights or licensure. In certain cases, a photo of like product may be used to represent several different lots. Photographs occasionally capture items not intended; if an item is not stated in a lot description, assume it is not included. Do not rely solely on photos to make buying decisions; be sure to read descriptions. If you are uncertain about a lot, do not bid. Announcements made on auction day take precedence over published information. All Items are sold ‘As-Is, Where-Is’, with all faults and without recourse. Buyer assumes all risks, all sales are final and under no circumstances will any claims be considered once purchases are removed from the sale site. Some items – as noted in the lots – may be sold subject to reserve or post sale Seller Approval.
• BIDDING DISCLAIMER: Auctioneer reserves the right to add, delete or combine lots, as well as adjust closing times, bid extensions or add or remove reserve prices. The auction relies on third party systems and technology that may be subject to connection interference and other systems failures. Auctioneer reserves the right to take such actions it deems appropriate and fair to resolve bidding issues as a result of such technology issues or human error.
• DEFAULT: Upon award of bid, Buyers are deemed responsible for a non-refundable 25% deposit. In the event of a Buyer default, Buyer’s acceptance of these Terms of Sale, evidenced by their participation in the auction, shall serve as Buyer’s authorization for Auctioneer to pursue whatever means necessary to collect upon the 25% deposit as liquidated damages, including charging its credit card on file, and/or pursue resale of the items on the invoice.

See the General Terms of Sale for complete buyer obligations.