#Liquidation auctions full#
#Liquidation auctions professional#

Our liquidation auction preparations are always very systematic and thorough. This bidder is personally contacted and assisted by qualified personnel throughout the entire processing procedure, right through until the machine is placed into production. Once a highest bidder has been determined, On auction day,Įach bidder is kept informed in real time of the current status of the bid process via email.

When you have decided on a machine, you just need toįollow the steps described here to register online and participate. Surplex also offers the possibility to visit most machines on-site to inspect them in operation. In addition to extensive documentation on each machine (pictures, videos, in-depth technical information etc.), Surplex usually offers hundreds of items from many different locations, and the industrial auction house makes participation in this broad range It is even possible for a buyer to bid on multiple auctions simultaneously. Than ever before with the Surplex Auction App (for AndroidĪnd iOS). Unlike live auctions, which require a personal presence, one can participate in an online auction from any location, at any time. This is combined with the speed and simplicity of the bidding process. To a large and diverse range of available machines, all within a few clicks. Liquidation auctions (or insolvency auctions) take the form of online auctions or live auctions.Ī live auction takes place at the site of a used machine, whereas an online auction can be attended from anywhere, and gives a buyer access What types of Liquidation Auctions are there? This loss of valuable production time is circumvented when purchasing a used machine. As a rule, new machines require a certain break-in period to ensure proper function. In addition to these benefits, machines in a bankruptcy auction have the added benefit of being straight from the production line,Īnd hence are smooth running and well maintained. This can allow a company to quickly and efficiently react to increases in market demand, This low cost factor is an important consideration, especially for smaller companies factory modernisation,Įnlargement or the replacement of defective machines can be organised at short notice, with a relatively low levels of investment.Īnother advantage of such an auction is the rapid availability of the machines.

In most cases, the final price is significantly lower the current market As part of such an auction,įully functioning used machinery can be purchased on very favourable terms for the buyer. On the other hand, a liquidation auction can offer a prospective buyer many advantages.

These machines can produce high revenues, and can aid in the quick recuperation of debt owed. Proven in production, such as borers, saws and routers are of particular interest to the administrator. It is the duty of the liquidator to arrange the sale of these items accordingly, in order to best service the outstanding creditor claims.Ī liquidation auction is a very effective method of carrying out this liquidation.

#Liquidation auctions full#

The affected company's assets include its full item inventory, i.e. Inability to meet payment deadlines, lack of liquidity and high levels of debt can all trigger insolvency.

#Liquidation auctions professional#

Appraisals of Business Assets and Equipment (Appraisers with Master Personal Property Appraiser/MPPA designations and Uniform Standards of Professional Appraisal Practice/USPAP compliant)Īssets including Inventory Reductions, Fleet Reductions, Liquidations, Overstocks, Vehicles, Trailers, Maintenance Equipment, Restaurant Equipment, Farm Equipment, Tools, Golf Course Turf Equipment, Manufacturing Equipment, Recreational Vehicles.Ĭall our office at 21 or email schedule a free confidential consultation.This insolvency refers to that of a debtor who is unable to meet his payment obligations to one or more creditors.

Strategic, Customized Marketing Programs.

Whether it’s one piece of equipment or a turnkey operation along with the sale of the real estate our services and expertise of auction marketing can provide: Sanford Alderfer Real Estate & Auction Company provides auction solutions for complete business asset liquidations for small and large businesses.