Euro Auctions predicts massive turnouts for upcoming Brisbane UNRESERVED auctions. Everything will be sold on the day!
Customers race to sign up for upcoming Euro Auctions sales – 29th August 2019
Euro Auctions, the record-breaking international auctioneers of industrial plant, construction and agricultural machinery, is already receiving consignments for the next sale, being held in Brisbane, Australia. On 22th August. All Euro Auctions sales are UNRESERVED, and bidders will see an impressive array of quality equipment, much unused, being sold, without reserve, and interest in both amongst consignors and interested bidders is already high.
In the last auction on 20th June, a hammer total of $7.5 million was achieved, seeing more bidders than in any previous sale. In total, 1,705 bidders registered for the sale, of which 90% were online bidders. With Euro Auctions on-line ‘bidding platform’ bidding and buying online is easy, showing a 30% increase in bidders over the same sale in June 2018.
UNRESERVED – when the hammer is down, its sold!
“Demand for quality used equipment in this part of the world is definitely on the increase, which means we can satisfy sellers and deliver what buyers want. The fact that our sales are unreserved is very popular with the Australian buyer. At all Euro Auction sales, everything IS SOLD on the day to the highest bidder. Our buyers know they can get the equipment they want without having to worry about if the item will sell or not – if they are the highest bidder, it’s theirs” comments Paul Haynes, Euro Auctions’ Territory Manager for NSW.
“Our one-day online sales are also very popular, meaning consignors either located in remote areas or with particularly big pieces of kit can reach out to customers who in turn don’t need to travel to a specific location to participate in the auction process. However, our one-day physical onsite sale on 29th August will provide buyers with the perfect opportunity to personally inspect the various lots being offered, before bidding, plus it’s the perfect chance to meet up with mates, and likeminded people to discuss activities face-to-face.”
Paul continued: “We are seeing significant growth in bidder participation in all our auctions and the increased demand for new equipment is helping drive auction activity in the used equipment sector. We expect to see many consignors allocate quality used equipment to both these auctions over the coming weeks, releasing quality used equipment back into the market to meet the strong demand for it.”