Article supplied from Ritchie Bros.
Following a large unreserved live auction in Dubai in May that featured 1,600 lots and attracted more than 840 bidders, the local Ritchie Bros. team is already gearing for their future equipment events.
Since Ritchie Bros. acquired online auction company IronPlanet, it has diversified its channels to buy and sell machinery. Besides live unreserved onsite auctions, the company’s portfolio now also includes a reserved online marketplace, called Marketplace-E, and monthly online auctions on IronPlanet.com. For the July edition of the monthly online auction, the Dubai team is preparing something special: A massive online event with special focus on equipment from the Middle Eastern region. Businesses in construction, mining and other industries will have a great opportunity to sell or buy items they need at this event.
Designed to work with your schedule and location
Selling equipment on IronPlanet.com is a little bit different than selling at a live unreserved Ritchie Bros. auction. The biggest difference? Items are inspected by a team of qualified equipment specialists and can be sold directly from the owner’s yard without having to transport to an auction site. For added buyer confidence, IronPlanet offers IronClad Assurance, which lets buyers know that inspectors have personally visited the item, taken pictures and conducted a comprehensive inspection of key systems and components.
But there’s also similarities with Ritchie Bros.’ live onsite auctions. Large groups of bidders from all over the world are joining to buy the items they need, and a team of professionals is working effortlessly behind the scene to make sure items are exposed to the right buying audience, attract competing bidders on auction day and arranging payment within 15 business days.
Interested in adding items to the July 25th online auction on IronPlanet.com? Contact the Dubai office at: +971.4.8120600