Wednesday, October 1, 2014

Take a Try at Selling or Buying at Auction

If you are looking to sell surplus equipment or would love to buy someone else’s, why not try an auction.  Auctions present a great opportunity for companies to quickly obtain needed capital and are an excellent way to purchase additional equipment.  It is prudent to use the services of a reputable auction house and Rabin Worldwide is just such a firm with a history of over 60 years in the industry.
Our longevity means we have experience in nearly every facet of industrial equipment.  Rabin provides services that are tailored for large companies as well as expertly handle sales for smaller businesses.  One example of an auction we recently completed was for the Jones Brothers Construction Company, under our construction and mining division.  

For the Jones Brothers’ auction, Rabin provided our buyers all the needed information along with a selection of high-quality photos for each item listed.  Their auction as well as all Rabin auctions listed details on the equipment that included model and serial numbers, manufacturer, and age of the equipment.  When it was useful, numerous pieces of equipment had videos showing them in operation.  Furthermore we gave potential buyers the information on where the equipment was located and the amount of operational hours the piece had logged.

For our buyers, we make it easy to get started.  Rabin’s online site lists the opening bid and reserve amount along with details on when the live bidding opens and when the proxy bidding opens.  There is a link on each auction page that takes you directly to our easy registration process.  We do caution that you allow at least one business day for your bidding registration to be approved.  For any further questions, please contact your Ad Representative or call Auction Customer Support at 800-334-7443 or 402-479-2119.


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