The following information may be given to you at a KIKO auction. 
Please ask the clerk for an information card.

Welcome To Your First Auction!

If you are a first-time attendee at an auction, you may have questions! 
This information card is designed to help you get through your first auction experience with positive results.

Register With The Clerk as soon as you arrive at the auction.  You will be asked to show your driver's license for ID purposes.  The clerk will record your personal information and give you a bidder's number in return.   At KIKO auctions, you must register at each sale you attend.  Some of our clerks use a computerized registration, while others will register you manually.

The Auction Talk is one of the most identifiable features of an auction.  In it's simplest form, the rapid-fire, quick-cadence combination of numbers, words and sounds is the auctioneer's way of communicating with you.  Because the auctioneer's job is to sell the most amount of property quickly, the chant is frequently fast.  "Have two hundred dollars bid...who will give three?" is a typical chant, which translates that the auctioneer" has a bid of $200 (on a particular item) .... are you willing to give $300?"  Raise your hand or show your bidder's card, indicating that you are interested in the current item being bid on.  Once the auctioneer's hammer goes down signaling the end of the bidding, the buyer with the highest bid acquires the item. 

Multiple Items are sometimes sold to the highest bidder, times the number of items.  It is important to listen to the instructions being given by the auctioneer from the auction block.  Throughout the auction, the auctioneer will advise you that a particular item will be sold, for example, "times three", meaning that your bid amount is for each of the three items being sold at the time.   So a bid of $5 per item means a total purchase price of $15.

Multiple Items are also sold for "one price", meaning the three items being sold (as in the above example), will go to the highest bidder.  Your bid of $5 means a total purchase price of $5.  Again, LISTEN TO THE AUCTIONEER!

Acquired Items:  After the items are declared "sold" they become the Buyer's.  It is the Buyer's responsibility to secure the items, pay for them, and remove them from the auction site.

You Can Leave The Auction At Any Time:   You do not need to wait until the auction is over to settle your purchases with our clerk.  As you purchase items, they are charged to your bidder number.  When you are ready to leave, see the clerk to pay your bill.
If an item is missed, you will be billed by Kiko after the sale.  We ask, though, that you try to keep track of your purchases so that transactions can be completed in full on sale day.

Payment Terms are outlined on your Bidder's Card.  All purchases are to be paid in full on sale day.  We accept cash, check, debit cards, MasterCard and Visa.  You do not need to show your ID again if you are writing a check - this information was taken when you first registered.

Sales Tax Is Charged on all purchases at the K of C Hall, County Auction, and for any business liquidations.  Casual household auctions are not taxed.  If you hold a valid Vendor's Certificate and are registered with our company, we will tax-exempt your purchases.  You may complete a Blanket Certificate of Exemption at the sale with the clerk.  For our records, you will need to submit a copy of your current Vendors License before we can add you to our list of exempted buyers.

Questions or comments?  Write, call or email us at....
Kiko Auctioneers
2805 Fulton Drive, NW
Canton, OH  44718
(800)533-5456
kiko@kikoauctions.com