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Read our Privacy PolicyBidVex is a technology platform and disclosed agent for storage facilities. BidVex is NOT an auctioneer. The actual auction and sale are conducted by the storage facility at their location. BidVex simply provides the online bidding platform. All bids placed on BidVex are final and cannot be revoked under any circumstances.
Storage facilities are solely responsible for compliance with all provincial lien laws, tenant notification requirements, and legal auction procedures applicable in their province. BidVex accepts no liability for any claim arising from the sale of lien units.
By placing a bid, you agree to: (a) complete payment within the facility's specified deadline; (b) empty the unit completely by the cleanup deadline; (c) coordinate pickup directly with the facility; (d) pay any applicable cleaning deposit; (e) accept the unit contents as-is with no returns or refunds; (f) comply with all applicable provincial laws.
BidVex charges the WINNING BUYER a flat 5% buyer's premium on the hammer price — plus Stripe processing and applicable GST/QST on that premium. The storage facility is never charged by BidVex. Stripe-payment auctions: the buyer's card is charged for hammer + 5% buyer's premium + processing + tax at close. The facility receives the full hammer via Stripe payout. Cash / Interac e-Transfer auctions: the buyer pays the hammer directly to the facility (cash at the facility or Interac e-Transfer to their registered email). BidVex separately charges the buyer's card on file for the 5% buyer's premium + processing + tax. In every case, the facility receives the full hammer price and is never invoiced by BidVex. The buyer's premium is always paid by the winning bidder, never by the facility.
BidVex does not guarantee the contents, value, or condition of any storage unit. All sales are final. BidVex is not liable for any losses incurred during pickup, for the condition of items, or for any discrepancies between photos and actual contents.
The following actions will result in immediate account suspension: (a) failing to complete payment after winning; (b) failing to empty a unit by the cleanup deadline; (c) abusive behaviour toward facility staff; (d) attempting to revoke a placed bid; (e) providing false information during registration.