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Buy At Rapbizz

 How to Buy-Sell RAPBIZZ.com

RAPBIZZ.com E-Auction Hall is a marketplace for online unreserved auction (no reservation price)
At RAPBIZZ.com we have a few rules which are different from other market place
But don’t worry! We are here to help you should familiarize yourself with our website!


Select the topic

  1. Buying at RAPBIZZ

  2. When can I buy

  3. If I’m busy on Live Day, how can I buy?


1. Buying at RAPBIZZ

 

 1. Register & upgrade account to Buyer status

Before you can participate in auction, you must register on our website and upgrade your account to buyer status
Buyer will be able to place proxy bid before auction and participate in the auction on Live Day
Register here > Register FREE

Upgrade your status to buyer > Upgrade Buyer

 

2. Make payment to e-Deposit

To place bid on auction you have earn auction credits (Line Available) by making payment to e-Deposit in your account

There are 2 Methods to make e-Deposit:

1. Bank Transfer or
2. Credit Card deposit (only available on Live Day)

What is auction credits?
e- Deposit is the amount of money you deposit in the website to receive auction credits
Auction credits (Cash Leverage) is calculated based on the amount of deposit you made to the website

Don’t worry! If you don’t win the auction, you can leave your deposit to participate in the next auction or choose to refund to your bank account

Learn more about e-Deposit here > e-Deposit
Learn more about Cash Leverage here > Cash Leverage

 

3. Bidding on Live Day

All auction items are sold on Live Day. Buyer can enter the E-Auction Hall on Live Day via website’s home page

On Live Day auction items are sold in Ring arranged by Lot numbers

Starting price of the item is determined by marketplace. The price will decrease when no one accept the current price offer

Learn more about Live Day here> Live Day

 

4. Select shipping

When auction ended, Buyer can select shipping for the items won in auction

Currently, we only ship within Thailand

Buyer responsible for shipping fee
a. Deliver to 7-11 shops near you  or
b. Deliver to your home or office via Yusen Logistic

FREE Self-Pickup
You can pick up your item at RAPBIZZ warehouse within 7 days

Learn more about Shipping and Delivery here > Shipping and Delivery

 

5. Payment

When auction ended, you must make payment within 1 day after auction
Expense includes

1. Auction price + VAT 7% if the item belongs to seller with tax registers
2. Commission fee + VAT 7%
3. Shipping fee + VAT 7% if you select shipping (7-11 or YUSEN)

Remarks: If you buy the item under company name, you can make a withholding tax of 3% for commission fee and shipping fee

Payment can be made via e-Deposit
If the deposit amount in e-Deposit id insufficient ,Buyer must make payment to e-Deposit equivalent to the remaining payment amount

Auction items are shipped only after all payment have been receieved

Learn more about payment > Buyer Payment

 

6. Busy on Live Day? Use Proxy bid instead!

If you are busy on Live Day, you can use Proxy robot to bid on your behalf on Live Day
Buyer can make Proxy bid anytime before the Live Day
Winning a proxy mean you will be the first person to place bid on the item on Live Day
Proxy robot will not bid more than the price that you place for Proxy bid

Learn more about Proxy Robot here> Proxy

 

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2. When can I buy?

 

Auction event will be announced on the website banner call LIVE DAY. Selling of auction item is determined only on Live Day
Auction item listed on the website are item that will be sold on Live Day

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3. If I’m busy on Live Day, how can I buy?

 

Auction item selling is determine on Live Day only. However, if you are busy on Live Day, you can place bid on the item that you want via Proxy Auction

If you are busy on Live Day, you can use Proxy robot to bid on your behalf on Live Day
Buyer can make Proxy bid anytime before the Live Day
Winning a proxy mean you will be the first person to place bid on the item on Live Day
Proxy robot will not bid more than the price that you place for Proxy bid

Learn more about Proxy Robot here> Proxy

 

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