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Avoiding Common Mistakes When Selling Fabrication Equipment at Auction

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Posted On: February 10, 2025 by Backes Auctioneers in: Fabrication

As a fabrication equipment owner, selling your assets at auction can be a daunting task. With the right strategy and preparation, you can maximize your returns and avoid costly mistakes. At Backes Auctioneers, we've seen many sellers make common mistakes that can negatively impact their auction experience. So, let’s highlight the most common mistakes to avoid when selling fabrication equipment at auction, as well as provide tips on how to stay productive throughout the process. Mistake #1: Inadequate Equipment Preparation Before the auction, it's essential to prepare your equipment to attract potential buyers. This includes: Cleaning and refurbishing equipment to showcase its condition Providing detailed documentation, such as maintenance records and manuals Ensuring all equipment is in working order and functional Tip: Set aside dedicated time to prepare your equipment and consider hiring professionals to help with refurbishing and documentation. Mistake

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