Privacy
Your privacy is very important to us and we take our responsibility to protect it very seriously.
Email: Your email address is used strictly for communication with us and no other purpose. We do not sale your email address or share it with anyone.
Internet Cookies: We do not employ any programs or use software that tracks your visits to our site.
Sale Privacy: We do not divulge your contact information or any identifying information to anyone as a result of a sale. Your identity is maintained as confidential. All sales are made under the WeTrade, Inc. corporate name which protects your identity.
Auctioneering in Violation of North Carolina Law
We are not an auctioneer. We do not conduct auctions in violation of North Carolina General Statute 85B or North Carolina Administrative Code 4B. WeTrade, Inc. is a liquidation company that exposes your items to literally thousands of potential customers – not just those who stop by at a single auction or store – and sells your items through a variety of sales channels online and offline.
Our Customers
We serve international, national, and local customers.
Shipping
All shipping to customers or you is paid by WeTrade, Inc. Sellers do not pay for shipping of items sold. Shipping charges are incorporated into the sales price of all items and paid by the buyer.
We do not ship any items to PO boxes. We only ship to physical addresses that match the payment details for the customer. We use USPS, FedEx, and UPS for all shipping. We do, on occasion, have to ship items by freight.
International Shipping: We do not reduce the price of a sale or mark items as “gifts” in an attempt to avoid international duties or taxes to overseas destinations in violation of US or international laws. Buyers are responsible for all duties or taxes and these are not a part of the sales price or shipping costs. These duties and taxes are normally collected prior to delivery at overseas destinations from either the buyer’s government or the shipping carrier.
Insurance is added to some purchases when shipping if the value exceeds $200.00 USD.
Sales Taxes
WeTrade, Inc. is responsible for paying all taxes associated with the sale of your items. You are responsible for any income taxes as a result of income earned due to a sale.
Corporate Status
WeTrade, Inc. is a United States corporation in good standing, organized, and located in North Carolina. We are registered with the North Carolina Secretary of State, the North Carolina Department of Revenue, and the United States Department of The Treasury, Internal Revenue Service. Our registered agent and offices are located at:
WeTrade, Inc.
Steve Davis, President
108 Elizabeth Street
Richlands, NC 28574
Fees
All fees associated with the sale of your items are included in a signed agreement between you and WeTrade, Inc. There are no additional fees charged as a result of you allowing us to sale your items. WeTrade, Inc. is responsible for paying all auction fees, final value fees, advertising fees, shipping fees, payment processing fees, and any other fees, charges, or taxes associated with the sale of your items.
Commission
Our commission on items sold is between 5% - 20% of the total value of items to be liquidated. The minimum commission paid is $35.00. Our commission is based upon gross sales less shipping charges, sales taxes, and insurance. You do not pay any commissions based upon shipping charges, sales taxes, and insurance - these items are paid by the buyer.
Payments
All proceeds as a result of WeTrade, Inc. liquidating your goods are made through either PayPal.com, by check, cash, or money order not later than the 15th calendar day of every month or within 5 business days after the completion of the entire sale. All payments received from buyers of your goods are processed through PayPal.com for our mutual protection.
A W-9 may be required with some sales. If so, you must complete and return it to WeTrade, Inc. You may download a W-9 here.
Buyouts
WeTrade, Inc. does offer “buyout” services. Buyout services consist of WeTrade, Inc. purchasing all or part of your items outright for a flat amount of money. Once the purchase is completed, you relinquish all rights and ownership of the items purchased. We will resell the items under the WeTrade, Inc. name.
Ownership of Items
The seller retains the rights and ownership of all items until sold. Once a sale is made, ownership and rights to the item are transferred to the new owner. Some items may be sold in lots, as individual items, or in total.
In buyout situations, ownership of all items will transfer to WeTrade, Inc. when payment is received by the seller.
Insurance
WeTrade, Inc. is responsible for insuring all merchandise in our possession awaiting sale, shipment, or return to the seller. We purchase this insurance protecting against fire, theft, water damage, and other perils.
Returns
WeTrade, Inc. does not accept returns on used, refurbished, or remanufactured items from buyers. These items are sold “as is”. New items we liquidate for you may have return provisions included in the sale if agreed upon by the seller and WeTrade, Inc. prior to the sale. Shipping charges to return an item are paid by the customer who purchased the item. WeTrade, Inc. will pay for shipping replacement items to the customer.
Warranty and Repair Services
WeTrade, Inc. does not offer warranty or repair services for any items we liquidate for you. We do, when appropriate, offer the buyer the option to purchase a warranty, at additional cost, at the time of sale for new items such as computers, electronics, etc. This warranty is in addition to any valid manufacturer’s warranty that may be enforce. Any warranty issues, that are not a manufacturer’s warranty, will be coordinated by WeTrade, Inc.
Item Conditions
All inventory items must have an “item condition” identified prior to the sale. These condition codes are: New, Used, Refurbished, Remanufactured, Salvage, or Not For Sale. The item condition determines the sales channel used to liquidate the item and is needed for pricing.
Item Photos
WeTrade, Inc. must have digital photographs of all items to be liquidated. We may take the photos or you may provide them. Photos must accurately depict the item being sold including color and condition.
Logos and Trademarks
We will not use any client company logos or trademarks when marketing, during the sale, or any time after the sale for any reason. Likewise, you may not use our logos, images, text, documents, or anything else in relation to WeTrade, Inc. without our written permission.
Sales Channels
We utilize a variety of free and fee-based sales channels to liquidate items. These include online liquidation and auction sites, websites, blogs, newspapers, B2B sales sites, other liquidators, auction houses, merchants, flea markets, and more.
Storage
Items identified for sale may be stored by the seller or WeTrade, Inc. during the conduct of the sale. If the seller stores the items, we must have access to all items so that they can be packaged and shipped when sold. If WeTrade, Inc. stores any items, then we will pay all storage fees.
Seller Donated Items
While we make every attempt to liquidate your items, not all them will be sold due to a several reasons. These include, but are not limited to, high asking price or poor condition making the item unsaleable.
When items are unsold, we will, as mutually agreed upon, donate the items to charity, return the items to you, or dispose of them as waste. Any tax deduction that results from the donation will be in your name.
WeTrade Donations to the United Way
WeTrade donates a percentage of every sale to the United Way. The United Way benefits several agencies with donations helping those less forturnate. Our donations are made from our commission.
Estimated Duration of Sale
Each sale is unique. Some are simple and take less than 5 days. Others are more complicated and may take 30-90 days. During our consultation, we will provide you with an estimated duration of the sale. Please understand market conditions, the economy, and other variables may reduce or increase the estimated duration of your specific sale – all which are beyond our control.
Prohibited Items
We do not sell or liquidate any of the following items: adult products, alcohol, animals, artifacts, grave-related items, catalytic converters, used clothing, used cosmetics, counterfeit currency and stamps, credit cards, currency, illegal drugs, drug paraphernalia, drug-like substances, cable TV de-scramblers, traffic signal control devices, wiretapping devices, telephone bugging devices, embargoed goods from prohibited countries, event tickets, firearms, weapons, knives, stun guns, food, gift cards, government documents, IDs, licenses, hazardous materials, fireworks, refrigerants, items encouraging illegal activity, lockpicking devices, lottery tickets, offensive material, prescription drugs, recalled items, stolen property and property with removed serial numbers, tobacco, and weeds.
We also do not seel or liquidate any item listed as “prohibited” with the various sales channels or any of the ad networks we use. Positive ownership of items may be required.
Omissions, Errors, and Mistakes
We make every attempt to prevent omissions, errors, and mistakes. If these affect your sale, we will make every attempt to correct the situation and resolve it to our mutual satisfaction.
We reserve the right to revise these terms and conditions at any time, with or without prior notice.
