
Online auction ends on November 30th; bids range from R$20 to R$60.2 thousand
AI-generated summary
Banco Master and Will Financeira are in liquidation. This is the second auction of items from the institutions; the first is still in progress and closes bidding on November 9th.
São Paulo Another part of the assets of Banco Master, owned by Daniel Vorcaro, will be auctioned online. New products are available for pre-bid starting this Friday (6), in Kwara. There are 250 lots, with values from R$20 to R$60.2 thousand, with closing scheduled for November 30th, starting at 1:30 pm.
This is the second auction of Master and Will Bank items. The first, which is also ongoing, ends the presentation this Monday (9), starting at 9:30 am. In this competition, chairs from Herman Miller, a reference for innovative design and durability in the corporate world, are among the most coveted items.
The catalog mixes industrial kitchen equipment, meeting room electronics and everyday items. Among the most expensive are a combined fryer, for R$60.2 thousand (initial value), a filtered coffee machine, for R$35.7 thousand, and industrial ovens, starting at R$47.5 thousand.
At the other end, there are the lowest value lots: a white dome (for a lamp) and a set of plumbing equipment, for R$20 each, as well as toilet seats, for R$35, and a mixer, for R$42.42. There are also Deca taps, an air purifier and an electric oven, for R$56.
Leisure and social items used in Banco Master offices also appear on the list. double air-conditioned wine cellars, for R$15,600, and a two-piece lot that includes a brewer, for R$4,375. A wine cellar with the warning "burnt sign" is advertised for R$700, and a beer cooler for R$1,780.30.
There are also many televisions. The 86-inch ones cost R$4,566.80 and the 75-inch ones cost R$5,290. The most repeated model is the 50-inch model with stand, for R$4,022.90 each, announced in dozens of separate lots. Other items refer to meeting rooms, such as a videoconferencing system with around 18 parts, for R$4,200.
How to participate
To bid, you must register on the Kwara platform (www.kwara.com.br), responsible for managing the auction on behalf of Banco Master and Will Financeira, both in liquidation. Interested parties must request authorization on the auction page at least one hour before opening time.
It is now possible to place bids in advance, as long as the user is qualified, with the documentation sent and approved. The auction itself, according to the notice, starts at 1:30 pm (Brasília time) on November 30th, a Monday. The dispute is closed by lot, one by one, in sequence, with an interval of a few seconds between them.
The user can offer manual bids or schedule them to occur automatically, according to their own value settings. In this case, if another participant covers the offer, the system generates a new bid, increased by the minimum increment, up to the maximum limit defined by the user.
If a bid is made in the last few seconds of a lot, the timer resets so that there are a few seconds left before closing. The mechanism is repeated with each new bid made in this window, so that all interested parties have a chance to match the offer. Therefore, the time at which each batch ends may vary.
In case of a tie, whoever launched first wins, according to the date and time of registration on the portal. For tiebreaker purposes, the automatic bid always prevails over the manual bid.
At the end, the seller has up to five business days to approve or reject the offers. It is possible, in fact, to bid below the initial price. In this case, if there are no highest winning bids, the proposal goes to the seller and may or may not be approved. The notice also provides that the auction can be suspended at any time.
The products are sold in their current state of conservation, with no guarantee of functioning or right to exchange, according to the notice. The items may be scrap and show damage, signs of use and wear, dents, scratches, dirt, lack of manuals, accessories or parts, and even blocked access passwords.
The photos, descriptions and measurements published on the portal are classified in the notices as merely illustrative, not serving as a real parameter on the condition of the goods or what is included in each lot.
Interested parties can examine the goods in person, on the dates and locations indicated in each lot, but without testing or manipulating them. It is prohibited to enter with bags, backpacks or bags.
The notice establishes extra fees to be paid by whoever bids. In addition to the bid amount, the auctioneer is charged a commission of 5% and an administrative expense per lot, which varies depending on the bid range. An item sold for R$1,000, for example, in practice costs the buyer R$1,396 (R$50 in commission and R$346 in administrative expenses).
Payment must be made via Pix (QR Code) or with credits granted by Kwara (see how it works with the company) within one business day after approval of the offer. Those who do not pay are considered to have withdrawn and are subject to a fine equivalent to 5% (commission) plus 30% of the auction value, in addition to having their registration blocked on the platform and may be processed or denied.
Withdrawal is only released after confirmation from Kwara, upon presentation of the sales note. It must take place on the dates and times indicated in each batch, with prior scheduling when required. Partial withdrawal is not permitted and the buyer bears labor, disassembly, transportation and taxes. You should also bring the appropriate vehicle, team and tools to carry everything at once.
It is important to read the notice with the rules, also available on the auction page.
AI outlook — possibilities, not facts
Lots will be sold until closing on November 30th, with possible variation in finishing times per lot due to clockwork.
Very likely · Within days
Some bids below the opening price may be approved or rejected by the seller within five business days after closing.
Possible · Within days
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