1 unit VIC Western Zone Abalone quota permanent
Bids
0 BidsAbout this listing
-
State
Victoria -
Fishery
VIC Blacklip Abalone -
Type
Unencumbered -
Settle by
BeachPrice Escrow -
Protection
100% seller & buyer guarantee
Auction terms
GST
All quoted prices are exclusive of GST. We'll add GST to the final invoice total.Reserve
Some auctions have a reserve price, which will be displayed on the listing. Once the reserve is met, the auction will indicate that the reserve has been satisfied.Final Offer Opportunity if Reserve Not Met
If the highest bid doesn't meet the reserve at auction's end, the highest bidder can either instantly accept the reserve price (which the vendor is bound to) or submit a single final offer for the vendor's consideration.Bids in the Last 60 Seconds
During the last 60 seconds of the auction, any bid will reset the auction clock to 60 seconds, helping to prevent last-second "sniping."Bidding
When you place a bid on BeachPrice, our system will automatically place the lowest possible bid to keep you in the lead, all the way up to your bid amount. This means you don't have to constantly monitor the auction and manually place bids each time you're outbid.If the Buyer Doesn’t Complete
If a buyer doesn't complete the payment within the agreed time, they forfeit the security deposit to the seller. The seller can then offer the item to the next highest bidder or create a new auction.If the Seller Doesn’t Complete
If a seller doesn't complete the transfer within the agreed time after receiving payment, they may be blocked from using our service in the future.Acting in good faith
While we carefully review listing details, we can't guarantee and nor are we liable their accuracy. In case of discrepancies, we'll work with both parties to reach a mutually agreed resolution, with both parties negotiating in good faith. BeachPrice serves as a marketplace connecting buyers and sellers but is not responsible for the accuracy or completion of transactions.Real-time bidding
You may experience network delays during real-time auctions caused by your internet or mobile provider. Refresh your page if you notice any delays. BeachPrice is not responsible for bids not processed in time due to network delays. Ensure your bids are placed with sufficient time remaining.$115,000.00/unit
If the final auction price doesn’t meet the reserve, the highest bidder has the exclusive right to make a final offer.
$25,000.00/unit
As the highest bidder, you now have the exclusive option of either accepting the sellers reserve instantly, or submitting a one-time Final Offer for the seller to consider.
Submit a best-and-final bid
Your last bid
Seller's reserve price
All Bids
How BeachPrice’s Auto Max Bid works
Each bid you place on BeachPrice uses our Auto Max Bid feature. It’s designed to save you time and give you the chance to win an auction at less than the price you were willing to pay
Let's say there's an auction for a fishing quota with the following status:
- Starting bid: $100
- Minimum bid increment: $10
And let’s assume you're willing to pay up to $500 for it. You enter a Max Bid of $500.
When you place your Max Bid of $500, the system will automatically place a bid of $100 (the starting bid) on your behalf.
If another bidder comes along and places a bid of $110, our system will automatically and instantly place a new bid for you, just above the competing bid, at $120.
This process continues until the competing bids exceed your Max Bid of $500 or the auction ends.
If the auction ends with your Max Bid still being the highest, you'll win the auction, and you'll only pay the lowest necessary amount to outbid other bidders, not necessarily the full $500 you were willing to spend.