Yoder & Frey attracts new overseas consignors and bidder registrations soar
Latest one-day Kissimmee auction sets new International precedent for 2018 sales
November 01, 2017: Yoder & Frey (leading auctioneers of heavy construction and agricultural equipment in the USA) has just delivered a record breaking ‘end of year’ one‑day Kissimmee auction that saw a massive 20 percent leap in first time bidders registering; helping push the total number of bidders close to the 1200 mark.
The quality and number of International vendors has also soared as consignors start to appreciate the global reach now being achieved by Yoder & Frey scheduled auctions and opting consign quality used equipment into the sales. This in turn helped boost average lot prices by over 40% compared to the previous lot price achieved earlier in the year.
Every US state was represented with several hundred coming from Florida alone. They were also joined by buyers located in 36 separate countries including many from across the Caribbean, from Canada and Europe. Amongst the top countries by hammer total outside the US was Canada, Puerto Rico and Jamaica. Whilst floor hammer totals remain high, international interest in the lots is also reflected in the huge number of bidders selecting to participate via Yoder & Frey’s own internet bidding portal.
“We’ve been working extremely hard over the past year and we are now reaping the rewards,” stated Peter Clark, CEO of Yoder & Frey. “With increased promotional initiatives, new domestic and international consignors are entrusting us to maximise the hammer prices they can achieve. Having quality equipment also means we’re attracting more bidder interest from both across the US and increasingly from a wider number of international buyers all looking to acquire quality used, low hours equipment to meet their expanding equipment needs. We’re seeing buoyant interest in all our upcoming sales; particularly from operators looking for equipment to extent their capabilities in supporting the massive clean-up operations that are now being implemented following the recent destructive storms in the Caribbean and Southern States.”
Auctions in December plus upcoming ‘mega’ auction on 13-17 February 2018
The next Yoder & Frey auctions comprise an offsite auction for Mitchell Contracting Company LLC featuring a good mix of earth moving equipment, trucks and trailers on December 05 in Georgia and then on December 07 in Ohio the sale featuring the usual impressive selection of construction and earthmoving equipment right down to garage equipment, tools and spares, offering potential buyers a great opportunity to acquire some impressive lots.
Preparations are also well in hand for hosting the worlds largest ‘engine sale’. This mega event, part of the upcoming Kissimmee winter sale and being held in Florida between 13 and 17 February 2018, will see a host of specialized engines and power plants, being sold alongside a host of heavy construction and agricultural equipment. Over 1,000 lots have already been consigned to the February sale, including a growing inventory of diesel engines for trucks and heavy construction machinery, power plants for agricultural machinery and equipment. This sale is looking like a world beater and the range of new, refurbished and second-hand products mean there will be plenty of opportunities for all buyers.
Pre-registering for up-coming auctions
For further information please contact Yoder & Frey (www.yoderandfrey.com) by email at email@example.com or call 001 419.865.3990. Catalogues for all forthcoming events are also available at www.yoderandfrey.com