If you think about it, commercial auctions feel like an enormous undertaking. With our long-time industry experience, we can attest that it never stops being exciting. If you're looking to liquidate your assets in an auction, here is a five-step guide to getting you through it smoothly.
Inspect and Record All Your Equipment's Current Performances
The core of all commercial auctions is your equipment, facilities, devices, and other items you'll present to your buyers. To ensure you're correctly advertising their performances, record their last day of operations or reboot all of them and simulate a full workday. If you want to attain higher data accuracy, you can simulate an entire week or month of using them.
Have an Appraiser Value Your Properties.
Present your performance data to a commercial auctions appraiser, which you can find through auctioning services or as individual consultants online. Industrial and commercial equipment appraisers offer exceptional insight into device performance, allowing you to enhance and improve critically-needed details.
Use Repair Teams, Technicians and Other Specialists
Once your appraiser gave their estimates and areas to improve, you can use repair teams, technicians, and other experts to restore your machine's functionality or take it to the next level. In some cases, you might need "upcyclers" who can soup up your equipment and devices' performances, especially for obsolete equipment.
Research Audience Populations in Different Auctioning Channels
It's easy to overestimate interest in your commercial facilities and equipment. Therefore, it's best to check various auctioning channels to gauge audience interest in your area. Additionally, research prospective buyers and directly contact them if you believe they're a strong prospect.
Allow a Dependable Auctioning Service To Help
Truthfully, auctioning is a taxing task. Fortunately, you can use specialist auctioning teams specializing in industrial auctions to save time and allow you to focus on your core business.
You Won't Need to Look Far To Find One
If you have yet to find an auctioning team you can count on, you can always trust Infinity Asset Solutions for all your needs. Contact us today to learn more about everything that we can do for you.
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