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Help Desk - F.A.Q.
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Liquidations
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Liquidations
What are liquidations?
How do I have my machinery placed into a liquidation?
Is there a fee to have my machinery placed into a liquidation?
Am I guaranteed to sell my machinery under liquidation?
Other FAQs
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What are liquidations?
A Liquidation is simply a listing of equipment with a suggested list price announcing that you are open to offers. This differs from auctions by there being no bidding process or normally a fixed set time for bidding. You can liquidate a single piece or multiple machines. Normally financial institutions, funding companies, leasing companies etc. will try an orderly liquidate first before going to auction.
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How do I have my machinery placed into a liquidation?
To have your equipment placed in liquidation contact us to receive our auctions and liquidations package.
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Is there a fee to have my machinery placed into a liquidation?
Yes there is a maximum of a 10% administrative, listing and marketing fee to have your machinery placed into a liquidation.
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Am I guaranteed to sell my machinery under liquidation?
No, there is no guarantee to sell your machinery on liquidation, as there are many factors in a successful liquidation. Our goal is to liquidate your machinery as quickly as possible achieving the best return to you.
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