The last few months have been challenging for most businesses, and it's hard to know what's going to happen next. But there's one thing you can count on in these uncertain times - Ritchie Bros. Auctioneers.
Ritchie Bros. offers you the certainty you need when it's time to sell your equipment - regardless of whether it's one piece or a complete dispersal. Here are a few things you can be certain about when you choose Ritchie Bros.
You'll save time, effort and money
Ritchie Bros. is a full-service auction company, which means that we take care of every aspect of the sale process for you. That includes secure storage, any necessary refurbishing, marketing to a global audience, answering questions from potential buyers and collecting payment after the sale.
In other words, we take care of the things you would have to deal with if you sold the equipment yourself. That allows you to focus on your business rather than expending your resources to do the same thing we've done for over 50 years. And because most of our auction sites have sales every 60 to 90 days, you'll be able to sell your equipment quickly to free up working capital or pay down debt.
You can count on us to deliver what we promise
We promise unreserved auctions to all of our customers, and that's what we deliver. There are no minimum bids or reserve prices on anything at any Ritchie Bros. auction. We promise to get our consignors global fair market value for their equipment. We deliver that with our unreserved auctions and a bidding process that allows people from anywhere in the world to bid on your equipment.
We'll also deliver when we promise to do something specific for you as a consignor. That may be an arrangement to transport your equipment to a sale site, or honoring a deal where we end up losing money. One of our Company's Core Values is that we do what is right. That means following through on the promises we make.
Your equipment will sell to the highest bidder
All Ritchie Bros. auctions are unreserved, meaning there are no minimum bids or reserve prices on anything we sell. The highest bidder - either on-site or online - is the winning bidder.
It sounds like a simple concept, and that's because it is. We attract bidders from around the world, they bid on your equipment and the person who bids the most is the one who takes it back to their job site after the auction.
Your equipment will sell on auction day
Because there are no reserves or minimum bids at Ritchie Bros. auctions, there are no barriers to your equipment selling. Everything sells to the highest bidder on sale day. It doesn't matter whether it's a $100 attachment or a million dollar crane - everything sells to the highest bidder. It's another simple concept that has worked for Ritchie Bros. for over 50 years.
The certainty of sale you get with a Ritchie Bros. auction allows you to manage the equipment sales process and your business as a whole in an orderly and efficient manner. It lets you free up capital on your timetable, and makes it possible to expand, upgrade or reduce debt load three weeks or less after your equipment sells.
You'll get better results than if you sell any other way
Better results for you may mean selling your equipment for the amount you hoped. For someone else, it may mean a hassle-free dispersal. Or the ability to easily sell equipment scattered through several states.
Regardless of how you define better results, you can be certain that you'll get them with Ritchie Bros. Our auctions attract more bidders, we make the process fast and convenient, we offer value-added services like refurbishing, you know that your equipment will sell on auction day, you get paid within three weeks of the sale and you get fair market value for your equipment. There will always be other ways to sell equipment, but you won't have the same experience. And you won't get the same results that you get with Ritchie Bros.
