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Re: choosing an Auction Company live or online??


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Posted by rockyridgefarm on June 15, 2018 at 06:13:47 from (96.61.191.150):

In Reply to: choosing an Auction Company live or online?? posted by picassomcp on June 14, 2018 at 18:20:24:

Quoting Removed, click Modern View to see

BarnyardEngineering obviously never put forth the effort to go on K-bid. I'd never heard of them either, but it looks like they're pretty popular in Minnesota. They've got auctions closing daily, but it looks like they seldom get farm equipment. I clicked on "closed auctions", scrolled back 4 pages, and didn't see a lot of ag stuff. There was a 656 that "needs fuel pump, but runs great" that sold for $1975 on May 16th. Non-farm stuff seems to sell well enough.

I'd find out their terms - how much they're gonna charge you (listing fee, percent of sale fee, processing fee, ALL fees), how much they charge the bidders, how much they promote their auctions, etc. If they have a lot of registered bidders in Minnesota, and that's where you are, they might be just as good as any national site. But I would also look into other auction sites as well. Bigiron is pretty popular, purplewave might be worth looking into, maybe another local auction site would be best, just pay attention to fees.

Anybody who refuses to bid on online auctions are only hurting themselves anymore. On site auctions are rapidly becoming obsolete. I wouldn't have said that 10 years ago, but I am saying it now.


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