495th Squadron, Inc.
27th Annual R/C Auction
Frequently Asked Questions (FAQ)
Who is sponsoring the Auction?
When is the Auction?
Where is the Auction going to be held?
What time does the Auction start?
How much does the Auction cost?
In what order will items be sold at the
What is the fee structure for the Auction?
What happens if my $125.00 airplane sells at
What happens if my $75.00 engine does not
sell at the Auction?
Will there be a raffle at the Auction?
Will there be refreshments at the
The Auction is being sponsored by the
495th R/C Squadron, Inc., a radio controlled model club based in Tewksbury,
The Auction is to be held Wednesday
evening Feb. 2, 2005. The Auction replaces the regular club meeting
for the month of February.
will be held at the Tewksbury Congregational Church, the site of the regular
495th R/C Squadron, Inc. club meetings.
The Auction itself begins at 7:00PM, and
runs until 10:00PM. The door will open at 6:30PM for Auction item
The entrance fee for
the Auction is $2.00 per person, payable at the door. There is a selling
fee of 10% for all items sold at the Auction, and a 5% buyback fee
for all items not sold.
Items will be
auctioned in the order that they are registered. Again, registration for
sellers will begin at 6:30PM. Each item will be assigned a unique number at
the time of registration, listing a description of the item, and the minimum
There is a 10% selling fee
payable to the 495th R/C Squadron, Inc. for all items sold, and a 5% buyback fee
payable to the 495th R/C Squadron, Inc. for all items not sold. The intention of
the buyback fee is to encourage sellers to set a realistic minimum price for their items.
If your $125.00 airplane sells at the
Auction, you will first collect $125.00 from the buyer of your item, and
then you will pay 10% of the selling price of the airplane (10% of $125.00 = $12.50) to the
495th R/C Squadron, Inc..
$75.00 engine does not sell at the Auction, you will pay 5% of the minimum
asking price of the engine (5% of $75.00 = $3.75) to the 495th R/C Squadron,
Yes, we will be raffling off a brand
new Futaba 6EXA 6 channel computer radio with (4) S3004 servos!!
Yes, we will have free coffee, donuts and
cookies at the Auction starting at 6:30PM.