**LIVE AUCTION will be on Thursday, September 12 from 7:15 PM to 8:30 PM**

Payment & Pickup items at Grand Traverse Resort - 100 Grand Traverse Village Blvd, Acme, MI 49610.

• Immediately following the silent or live auction, until 9/13/24 at Noon
• After 9/13/24 - Setting up appointment with Sarah to pickup at CBM Office - 830 W Lake Lansing Road, Ste 250, East Lansing, MI 48823

Payment & Pickup items at Grand Traverse Resort - 100 Grand Traverse Village Blvd, Acme, MI 49610.

• Immediately following the silent or live auction, until 9/13/24 at Noon
• After 9/13/24 - Setting up appointment with Sarah to pickup at CBM Office - 830 W Lake Lansing Road, Ste 250, East Lansing, MI 48823

All payments are made directly to Community Bankers of Michigan

• Personal Checks
• Credit Cards

We cannot accept cash.

 Miedema Companies is unable to accept payments for this auction.

All items will end at the posted time.  There will not be extended bidding for this auction.  The time posted is the time that the bidding will end on the item. 

There will be no pre-bidding for this auction.   Bidding will be open from 9/5/24 through 9/12/24 at 10:30AM

A bid may be placed for any amount equal to or greater than the current required bid amount, which means your bid amount is not required to be an increment of the posted bid increment.

Example:

• Current bid at $10.00 with a bid increment of $10.00.
• Minimum bid required would be $20.00.
• A bid may be placed for any amount equal to or greater than $20.00.
• The bid amount is not required to be in increments of $10.00; therefore a bid could be placed for $17.00 or $76.00 or whatever amount you wish to bid as long as it is equal to or greater than the minimum bid required.
• The winning bid may end up at any amount. It may not be divisible by the stated increment. The winning bid will be the highest

Refer to Automatic Bidding section for further explanation of the convenient method of placing an automatic bid.

Automatic Bidding (auto bid) option makes bidding convenient allowing you to enter the maximum bid amount* that you are willing to bid on an item. Based on your Account Preferences for notification, you may be notified whenever your auto bid increases &/or when it is exceeded.

The auction company or other bidders do not have access to see your auto bid amount. You are the only person that can see your auto bid amount (displayed in your Watch List).

Your auto bid will not “jump” to the maximum amount. The auto bid will increment up only with competing bids until either the item completes with you as the high bidder, or until your auto bid has been exceeded by another bid.

If another bidder already has an auto bid in place when you place your auto bid, the (2) competing auto bids will continue to increment until either the lower auto bid is maxed out; or if both auto bid amounts are the same the auto bid that was placed first will become winning position of the bid.

Example #1:

1. Minimum bid is at $10.00 with a $5.00 bid increment.

2. Bidder #1 places an auto bid for $77.00.

3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00.

4. Bidder #2 places an auto bid for $23.00.

5. Bids would compete with each other as follows:

 Bidder #1 - $10

 Bidder #2 - $15

 Bidder #1 - $20

 Bidder #2 - $23 (maximum auto bid placed)

 Bidder #1 - $25 (high bid position)

The high bid is $25 not $28 because Bidder #2’s auto bid was exceeded at an increment other than $5.

Example #2:

1. Minimum bid is $10.00 with a $5.00 bid increment.

2. Bidder #1 places an auto bid of $77.00.

3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00

4. Bidder #2 places an auto bid for $25.00

5. Bids would compete with each other as follows:

 Bidder #1 - $10

 Bidder #2 - $15

 Bidder #1 - $20

 Bidder #2 - $25 (maximum auto bid placed)

 Bidder #1 - $30 (high bid position)

The high bid is $30 because Bidder #2’s auto bid was exceeded at an increment equal to $5.

Example #3:

1. Minimum bid is $10.00 with a $5.00 bid increment.

2. Bidder #1 places an auto bid of $25.00.

3. No other auto bids are in place, therefore Bidder #1 is high bidder at $10.00

4. Bidder #2 places an auto bid for $25.00 (same amount as Bidder #1 auto bid)

5. Bids would compete with each other as follows:

 Bidder #1 - $10

 Bidder #2 - $15

 Bidder #1 - $20

 Bidder #2 - $25

 Bidder #1 - $25 (high bid position)

The high bid is $25 with Bidder #1 in high bid position because Bidder #1 placed the $25.00 auto bid before Bidder #2.