Seller Guide

Methods of Sale: Online Only, Live, Live with Simulcast

• Live Auction with Simulcast (Online Bidding):
  • This method is an actual Live Auction with Online (Simulcast) Bidding Available and being used while the Live Auction is being conducted. Live Bidders and Online Bidders are competing against each other in Real Time.
• Online Only Auction:
  • This method is where the bidding takes place ONLY online, there is no live crowd bidding at the same time.
• Live Auction:
  • This is an actual Live Auction with NO Online (Simulcast) Bidding Available. All assets are sold to the folks who attend the Live Auction IN PERSON and are NOT competing against anyone online.

How to Sell my Used Equipment?

• Any One of the above-mentioned Methods of Sale are a good choice to sell your used Equipment. In the Live Auction with Simulcast (Online Bidding), you get the best of both worlds and frankly, more competition and more exposure for your equipment, which results in better prices for you as a Seller.
• Contacting our office to speak with any of our Sales People will get you the answers you are looking for.

I have sold my items, when do I receive my money?

• Live Auction & Live with Simulcast Auctions – Settlement of your net proceeds typically occurs within 10-12 banking days following the Auction where your assets were sold. In the event of a non-paying bidder through the simulcast platform, we will attempt to collect the money up until settlement day. If we are unsuccessful in the collection of the proceeds, your asset will be taken to the next available Auction, sold and then your money will be sent as soon as it is collected.
• Online-only Auctions – Settlement of your net proceeds typically occurs within 14-16 banking days following the Auction where your assets were sold. In the event of a non-paying bidder through the simulcast platform, we will attempt to collect the money up until settlement day. If we are unsuccessful in the collection of the proceeds, your asset will be offered on the next available online-only Auction, sold and then your money will be sent as soon as it is collected.