Tuesday, September 30, 2014

Advantages of Being at an Auction Site

While we are extraordinarily proud of Rabin’s online auction services, we think you will agree that there is no substitute for the fun and excitement that is present at a live auction.  Obviously our online auctions offer the unique opportunity to bid on items from around the world without incurring the expense and time of traveling to each location.

That being said, live auctions do have some advantages.  No amount of pictures or verbal descriptions can tell the story as well as being on-site to visually inspect the equipment up-close and take measurements.  Furthermore it provides the opportunity to meet the auctioneer in person.  You may even try your hand at influencing the grouping of auction items by expressing interest in a group to him or her.

If you are traveling to the auction site, we always recommend you try to attend the public pre-inspection to view items that you want to bid on.  And since RabinLive auctions are simultaneously a live auction and an online auction, we make it easy to get set up to bid from an online location if you have to leave the auction early.

Another advantage to being there is that you have the opportunity to meet our team at the auction site and get inside scoops on items that you are interested in from our set-up staff.  For example, if we have identical batches of items being sold as "buyer's choice," you may be able to glean some hints about which ones to choose in the event you win the bid.
Plus physically attending an auction provides the chance to come into direct contact with other bidders.  You can network among your peers and meet new contacts in the industry.  Also since you are face to face, you can check out your competition and see what you are up against in terms of bidding.

Moreover we provide expert advice on crating, packing, and shipping your new items.  Our team will answer questions such as the best ways to transport items and what size truck you need.  In addition we can direct you to our contacts in the field that have the know-how to move heavy equipment and machinery.  

Rabin Worldwide is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.  Please contact us to discover how we can assist with any type of company liquidation.

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