Seamark Fish Auction


FAQ

Frequently Ask Questions

Sea Mark Fish Auction (SMFA) IS THE RELIABLE AND EASIEST WAY TO BUY & SELL YOUR FISH



It means that this product will stay unsold OR upon Seller decision to approach the higher bidder below the accepted Price if the Bidder is willing to buy.

Yes you can,  the last 3 bids on the product auction before it finish are registered and you can view the report from the finished auction in your dashboard.

Join us and complete your registration, after that you will be able to add your products from your auction SELLER DASHBOARD. Or our Admin team could assist you and to add your posts after receiving your offers by email or WhatsApp, our contacts are email, frostyfoodstuff@gmail.com & mobile/WhatsApp:  +971566759200.

 

Following steps required:

1) Both parties should agree on the Accepted Price/Reserved Price for your product and by adding a 1% commission margin.

2)Auction Platform team shall review and to rectify your post if required.

3)Signed conditional Proforma invoice required from you to guarantee the stock will be on hold during the auction posting period.

4)If all above done the auction will start.

It will take only a couple of hours to post your product in auction. Please contact us on WhatsApp to accelerate the processes. 

You will receive an email showing how much you have to pay to settle the remaining amount and how long period of time is allowed to settle the full amount as per terms and agreement.

Yes, you can, Buyer has the right to reject the products after inspection if it’s not matching the specification posted

You will receive an email informing you that you win the auction of the (Product ID: #) and you will receive an invoice in your Dashboard / MY Invoices as per the terms of conditions of auction for delivery place, date and time and due date & Time to pay to settle the full amount. 

Auto Bidding require a single bid first, after that choose Auto and fix your highest target price and press bid. the system will increase only 5 fils or Cents on the highest updated bid till it reach your Auto Highest target bid.

All Auction prices are Excluded of VAT (Value Added Tax) or GST (Good & Services Tax)

Each country has different VAT % On settlement VAT will be added to the total product value and for all other services like (inspection & transportation) if it will be required and the product sold for internal market and not export.

We advise before starting to bid on FOB price auction, please ask our company the following:

If this product is selling only locally and Value added Tax will be added to the price and is it possible to waive it and to do re-export.

Request our company to provide you with a quotation for the services you require, for documentation with certification, inspection report, freight charges & insurance.


After you receive our answers & quotation for above services, you will be a fully aware of all expenses, then you can start bidding.