The Steps that Go into Preparing a Rabin Auction

One of the reasons that Rabin auctions are so successful is that we carefully plan out everything right down to the very last details.  We start the process weeks, and in some cases, months before the auction even takes place to ensure it is well-organized and runs without a hitch.  Our sellers and buyers alike have come to expect nothing less of a Rabin auction.

 

To set up a factory for an auction, our experienced team goes through the facility and does a complete inventory of the equipment, which helps to determine the order of the sale. The next step is to clean the equipment and machinery and then arrange it so it can be optimally viewed during the auction.  We do our best to keep big pieces of equipment hooked up and ready to demonstrate operational abilities.

 

For smaller equipment, we gather it together and visually display it so buyers can see what they are bidding on.  Much smaller items are grouped together in lots and generally offer a good value.  From here the Rabin team catalogs the items recording all of the pertinent information including photographs and tagging each item with a number. 

For over 60 years, Rabin has taken a comprehensive and detailed approach to all of our auctions.  As leaders in the industry, we have sold equipment assets in every trade sector and on almost every continent.  We have the leverage to purchase complete factories, including real estate, and conduct auctions of any size on behalf of our clients. Please contact us if you are interested in selling or buying at one of our auctions. 

Rabin is an international company that specializes in creating liquidity for complex manufacturing facilities with idle or marginally productive assets.  Rabin’s operations include selling entire plants, multiple plant locations, or surplus individual items by auction or liquidation and much more. Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward, and the Railway Express Agency.