HOW TO SELL YOUR EQUIPMENT AT AUCTION

 

Yoder & Frey Auctioneers conduct multiple types of auctions including one owner, outright purchases, consignment, absolute and non-absolute. We can handle any size auction, large or small. When you have made the decision to liquidate your equipment, contact one of our knowledgeable Sales Representatives to help walk you through this easy process.

V. Peter Clark, President 800.842.6221
Kevin Teets 304.266.2955
Daryl Houle 603.856.1689
John Murra 419.351.2324

CONTRACT
Your salesman will send you a contract and review with you all the Terms and Conditions of the auction. Rates will be negotiated based on the type and volume of equipment you will be selling. If you have a pre-established rate, please contact us for a contract at info@yoderandfrey.com or phone 419.865.3990. If you are interested in obtaining a basic appraisal of your equipment before you decide to sell, please contact our professional sales staff at 419.865.3990.

After the commission rates have been established, complete the contract, with company’s complete legal name, and return to our office at fax number 419.865.4595 and you will be assigned a consignor number. This number will never change and can be used at all Yoder & Frey Auctioneers auctions. We will not be able to sell any equipment without an executed contract prior to the auction.

We gather the description of your equipment by asking you to complete Equipment Listing Sheets or Truck & Trailer Listing Sheets. The information you document on these sheets will be used to create our auction catalog and industry advertising. Double check all serial numbers and descriptions for accuracy as we will use this information to place your equipment in line at the auction. Deadlines for the auction brochure (the flyer sent to customers in our mailing list) and the auction catalog (the updated book with lot numbers handed out on sale day) can be found on the web page for each auction. All listing sheets can be faxed to 419.865.4595; please do not send duplicate listing sheets.

EQUIPMENT DELIVERY
You, as a seller, will be responsible for arranging and paying for delivery to our sale site. Yoder & Frey Auctioneers will have field personnel and equipment on site to assist you in unloading. Keep all shipping documents from your trucking company showing proof of delivery to the sale site with a signature of a Yoder & Frey Auctioneers representative.

Your consignor number must be written on ALL equipment delivered to the sale site. No equipment will be received at the sale site without a signed contract and consignor number.

We ask that you send two sets of keys per piece to the auction site and any manuals or service records. These items will help increase the selling price of your equipment.

PRIOR TO THE AUCTION
Request a statement of your equipment from our registration office and verify all listings are accurate and accounted for. Titles must be turned into the office at least three days prior to the auction.

TITLES
Title laws and regulations vary from state to state. Please go to the auction website and view the link for the auction you are interested in.

AUCTION DAY
Auction day will be filled with bustling activity as buyers arrive at the auction site to register and inspect equipment. Rest assured that our professional staff of auctioneers and ringmen will obtain the best results for your equipment.

POST AUCTION
After the auction, you will receive an audit list from us to verify your equipment and its selling price. As a general rule, payment will be made 14 banking days after the last day of the auction (18 banking days for the Kissimmee, Florida auction). After all lien holders have been paid, settlement checks will be mailed to the address on your contract.

Yoder & Frey Auctioneers will always recommend the most profitable option for you and your company. Your salesman will recommend any optional services to your equipment that will help increase its value; however, we will never force you to make any repairs or improvements. And as always, we NEVER mark up vendors services. We charge you what they charge us.