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New Consignment Shop Approved in North Adams
Stephanie Melito of Adams said her second hand clothes won't open officially until mid-March but she wanted to take the opportunity presented by Winterfest to let the community know about her Holden Street business. "It's just to introduce myself," said …
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Art and furniture consignment store opens in Five Points
Breckyn Alexander, owner of Athens interior design and LEED consulting firm BMA Designs, started the new venture. The store, at 1662 S. Lumpkin St., will carry interior décor, consignment pieces and custom upholstery. According to a news release, the …
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Leesburg's Consignment Boutique Celebrates Five Years Of Fashion
The Consignment Boutique in Leesburg, which has worked to offer brand new and consignment designer fashions at practical prices to women of all ages since 2009, will celebrate its five-year anniversary with a customer appreciation event Wednesday.
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League City, TX (PRWEB) October 13, 2013
Representatives with EHE Auctions today unveiled a blueprint for sellers to follow on how to select an auction company when selling construction, farm and industrial equipment.
Milissa Wise, Director of Operations for Expert Heavy Equipment, the parent company of EHE Auctions, which provides a service for individuals and companies that want to dispose of their heavy construction or farm equipment, explained that when selecting an auction company, the seller needs to find out what fees they must pay to participate.
They need to ask about whether the auction has a sellers premium, which is a percent of the sale price, in addition to listing and administrative fees, Wise pointed out. This is important to understand, because this can easily become anywhere from 5 percent to 15 percent of the sale price.
Unlike most auction companies that charge listing fees, plus 3 to 18 percent of the sales price, with EHE Auction, there is no consignment fee, Wise stressed, before adding, The seller needs to find out if there are any transportation requirements. For example, traditional physical auctions require the sellers to transport their equipment to a physical location. This can be extremely costly whether they transport it themselves with the current fuel prices or if they have to hire a transport company.
The company spokeswoman went on to note that the seller also needs to find out if inspections are required for consignment, which is another cost that must be factored in the decision.
In addition, the seller, according to Wise, needs to find out if he or she has control of the sale price in the cases of absolute auctions and reserve auctions.
With absolute auctions the machine will sell for the highest bid, Wise said. This can be potentially dangerous for the seller as there are so many variables that affect bidding. With reserve auctions, the seller works with the auction company to determine a realistic and competitive reserve price so it reduces the risk.
Wise pointed out that the seller needs to find out if the auction company already has qualified buyers.
With EHE Auctions, the seller has an opportunity to market their equipment to global buyers via its strategic partner, Proxibid.
The companys partnership with Proxibid allows EHE Auctions to offer the largest base of global, qualified buyers.
This ensures a high return on your equipment, Wise said. Whats even better is that with EHE Auctions, theres sellers fees, no transportation costs, no negotiations, and no hassles.
Lastly, Wise revealed that the seller needs to find out how the equipment is being marketed.
For example: If the auction company is only a local auction company and depending on the local market, it has less of an opportunity to have a high sale price, versus an online auction company that has a global audience, Wise said. Because the United States is the number one provider of used equipment worldwide, it is always better to have global exposure.
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