Guidelines for fair and transparent bidding on MobileWala.com
Last Updated: January 1, 2025
Only registered and approved business entities may participate in auctions. Registration requires valid business credentials. We reserve the right to reject or suspend any account that does not meet our eligibility criteria.
Each lot displays a starting bid price. Bids must meet or exceed this amount. Some lots may include a reserve price not visible to bidders.
Minimum bid increments are as follows: $5 for lots up to $500, $10 for lots $501-$2,000, $25 for lots $2,001-$5,000, and $50 for lots over $5,000.
You may set a maximum bid amount. Our system will automatically place incremental bids on your behalf up to your maximum, keeping you in the lead at the lowest possible price.
Bid retractions are not permitted once a bid is placed, except in cases of confirmed technical errors on our platform. Please bid carefully.
Auctions have a fixed end time. If a bid is placed within the final 3 minutes, the auction extends by 3 minutes to prevent sniping. This repeats until no bids are placed in a 3-minute window.
Winners are notified immediately via email and platform notification. The winning bid amount plus applicable taxes and shipping will be invoiced.
Payment must be received within 48 hours of auction close. Accepted methods: wire transfer, ACH, or approved credit terms. Late payments incur a 1.5% monthly finance charge.
Failure to pay within the payment window may result in account suspension, loss of bidding privileges, and a default fee of 10% of the winning bid amount.
Each lot is described with its grade (A, B, or C), quantity, model specifications, and any known defects. Grading follows our published standards. While we strive for accuracy, slight variations may exist within mixed lots. Our grading team inspects each device individually.
Disputes regarding auction outcomes, lot descriptions, or grading should be reported within 48 hours of delivery. Our team will investigate and provide a resolution within 5 business days. Unresolved disputes may be submitted to binding arbitration per our Terms of Service.
The following actions are strictly prohibited:
Violations may result in immediate account termination and legal action.
We reserve the right to modify these rules at any time. Registered users will be notified of material changes. Continued participation in auctions after changes constitutes acceptance.
Questions about these rules? Contact us at auctions@mobilewala.com.