Preparing Construction Equipment for Auction: What Buyers and Sellers Need to Know

Things the Seller Should Do to Prepare Construction Equipment to Sell at Auction

If you’re a seller looking to put your construction equipment up for auction, there are a few steps you should take to ensure you get the best price for your items. 

First, you should make sure your equipment is in good condition and in working order. Clean it up and make any necessary repairs so that it’s in good shape for potential buyers. 

Next, you should research the market value of your equipment so you know what kind of price to expect. You can do this by looking up the current market prices for similar items, or by consulting a professional appraiser. 

Finally, you should make sure to provide all the necessary documentation and paperwork that buyers might need this includes maintenance records, any major component changes or repair documentation, and any other relevant information. 

What Does a Buyer Need to Buy at Our Auction?

If you’re a buyer looking to purchase construction equipment at our auction, there are a few things you should have ready. 

First, you should have a budget in mind for what you’re willing to spend. This will help you narrow down your choices and ensure you don’t end up overspending. 

Second, you should come prepared with the necessary payment methods. We accept cash, wire transfers, credit cards up to $ 10,000, and personal and company checks with a bank letter of guarantee or a certified check Checks must be drawn on US banks. So make sure you have the appropriate payment method with you. Payment is expected on the day of the auction.

Third, you should bring any necessary tools and equipment you might need to inspect the items you’re interested in. This could include a flashlight, screwdrivers, or other tools. 

Our Auctions Are Public with a few exceptions.  

Our auctions are open to the public, so anyone can come and bid on the items available. All you need to register at our auction are the following: 

You must be at least 18 years old or older

You must have a government-issued ID such as a drivers license or passport

Some auctions may require a deposit to bid and if you do not make any purchases those funds are refunded to you within 7 business days. The deposit can be paid in cash, credit card, or wire.  

Click on this link for more payment type details: Payment Instructions for Auction Purchases

We also provide a variety of services to make the auction process easier. We have auctioneers and bid assistants to help guide you through the bidding process, and staff to answer any questions you might have. 

If you’re looking to purchase construction equipment at an auction, our public auctions are a great place to start. With our services and payment options, you’ll have everything you need to make the process as smooth and easy as possible.