September 26, 2013 at 09:01 AM EDT
EHE Auctions Unveils Platform Giving Sellers Top Dollar for Their Equipment
According to a recent study by Equipment Watch, the world leader in heavy construction research, resale prices for heavy equipment have steadily declined over the last year with a slight increase in June 2013, but representatives with EHE Auctions say their online platform is positioned to give sellers the most money for their equipment.
"We know and understand that sellers not only want, but 'need' to get the most money for their equipment, so we've created a way for them to sell their equipment in a hassle-free way," said Milissa Wise, director of operations for Expert Heavy Equipment, the parent company of the recently launched EHE Auctions, which is owned and operated by former Marines, two of which are female.
EHE Auctions provides a service for individuals and companies that want to dispose of their heavy construction or farm equipment.
"Unlike most auction companies that charge listing fees, plus 3 to 18 percent of the sales price, with EHE Auction, there are no consignment fees," Wise pointed out, before adding that sellers receive huge benefits by using EHE Auctions to sell their equipment.
One of the main benefits, according to industry statistics, is that auction sale prices have proven to be higher than resale prices.
In fact, the heavy equipment construction market statistics, according to Equipment Watch, showed an uptick in auction sales during the second and third quarters of 2013.
Year over year, the market has seen a 20 percent increase in total sales, and a 1 percent decrease in volume. Canada, specifically Western Canada, showed significant increases in market activity.
In the special Commercial Truck Analysis, prices for both medium and heavy duty trucks remained steady.
"We have a turn-key, stress-free online marketplace for buying and selling used heavy construction and farm equipment, which places sellers in perfect position to receive all of the benefits that come along with higher auction sales," Wise said.
Part of benefits that sellers have access to are the benefits that come along with EHE Auction's partnership with WeGoLook and National Equipment Registry (NER).
"This gives customers peace of mind when bidding on used equipment online, which is very import for an item to sell, often higher than a normal resale as shown in the industry trend statistics," Wise noted.
In addition, WeGoLook has agents who will take a complete set of photos and a video of the machine so everything is disclosed, an added benefit for sellers, which builds trust in potential buyers, according to Wise.
"Our partnership with NER provides IRONcheck reports to ensure the machines being offered are not stolen and have no outstanding liens," Wise said. "Because there is no titling process for heavy construction and farm equipment, this allows individuals and companies to avoid potentially huge problems by clearly establishing ownership rights," Wise said. "IRONcheck reports eliminate any surprises for the buyer."
Another benefit that sellers can use to their advantage, Wise pointed out, is the company's partnership with Proxibid, which allows EHE Auctions to offer the largest base of global, qualified buyers.
"This ensures a high return on your equipment," Wise said. "What's even better is that with EHE Auctions, there's no transportation costs, no negotiations, and no hassles with photos and video."
Bill Miller of Texas, said he's living proof that the benefits EHE Auctions provides sellers with are top-of-the-line.
"I was selling a couple of pieces of equipment, Miller recalled. "It was frustrating because I was only receiving low-ball offers. EHE Auctions contacted me and explained the benefits. I got them the photos and video they needed so I could save money. I watched online the day of the auction and I got exactly what I wanted out of the skidsteer and I got more than my original listing price on my backhoe. This is a no brainer. I would definitely recommend them."
For more information, please visit http://www.eheauctions.com.
Read the full story at http://www.prweb.com/releases/heavyequipmentauction/womeninbusiness/prweb11161343.htm
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