Selling

Ritchie Bros. specializes in the marketing and selling, by unreserved public auction, of a broad range of used and unused industrial assets, including equipment, trucks and other assets used in the construction, transportation, petroleum, mining, material handling, marine and forestry equipment; agricultural equipment and land; and real estate. We have been conducting auctions for 50 years, and in 2007, handled nearly 35,000 consignments, totaling over 261,000 lots.

As a full-service, turnkey marketing and auction company, Ritchie Bros. handles all aspects of the asset disposition process.

Items to be sold are listed on the rbauction.com web site for the tens of thousands of people who visit the site daily. We mail an average of 50,000 full-color brochures for each auction to selected customers from our database of over 450,000 potential buyers. We also advertise in local and international industry-specific trade journals, magazines and news publications.

The end result of our comprehensive marketing efforts is worldwide auction participation and the highest possible recovery on the sale of assets.

Contract options

Ritchie Bros. has flexible contract options that can be tailored to satisfy each consignor's individual sale objectives and risk tolerance, including:

• Straight commission
• Guarantee of minimum proceeds
• Outright purchase

We also offer cash advances against future auction proceeds. This often allows consignors to address solvency issues before they turn into bankruptcy proceedings.

Learn more about the benefits of selling with Ritchie Bros.

Read testimonials from satisfied Ritchie Bros. customers