Auctions

Selling your machine shop equipment at auction can be a smart way to liquidate assets, whether you're closing your business, upgrading machinery, or simply freeing up space. To ensure you get the best results, it’s essential to prepare thoroughly. This guide will walk you through the key steps to take before auction day, from inventory and documentation to marketing and final preparations. Inventory and Documentation The first step in preparing for an equipment auction is to conduct Read More

Tags: auctions, Marketing

If you're looking to sell industrial welding equipment, auctions can be a highly effective way to reach a wide range of potential buyers and get a fair price for your assets. Whether you have surplus equipment, are upgrading your machinery, or are closing a business, understanding how to navigate the auction process is crucial to achieving the best results. In this guide, we’ll explore the types of welding equipment in demand, the benefits of selling at auction, preparation tips, and current Read More

Tags: auctions, welding

Movie magic has a way of captivating our hearts and imaginations. For many of us, iconic movie memorabilia are a tangible connection to the cinematic experiences that have shaped our lives. Let’s take a journey through some of the most iconic movie memorabilia sold at auction and explore the stories behind them. The Wizard of Oz (1939) - Dorothy's Ruby Red Slippers One of the most iconic movie props of all time, Dorothy's Ruby Red Slippers from The Wizard of Oz (1939) are a cultural Read More

Tags: auction, movie auction, movie memorabilia

Welcome to the exciting world of auctions! Whether you’re a seasoned bidder or a newcomer to the auction house, understanding the lingo is key to navigating the fast-paced environment of buying and selling. Here’s your comprehensive A-Z guide to make the most out of your auction experience. A is for Appraisal - Before you bid, know the value. An appraisal gives you an estimate of an item’s worth. B is for Bid - The offer you make to buy an item Read More

Tags: alphabet, auction, auction alphabet, auction terms, glossary, guide

As a farmer, acquiring the right equipment is pivotal to the success of your operations. Auctions can be a goldmine for finding high-quality farm machinery at competitive prices. However, navigating an auction requires insight, preparation, and strategy. This guide will walk you through the types of farm equipment commonly available at auctions, factors to consider, and tips for bidding effectively. Types of Farm Equipment at Auctions Auctions offer a diverse range of farm equipment, from tractors Read More

Tags: auction, auction guide, farm equipment, farmer's guide

In the fast-paced world of business, staying ahead often means regularly updating equipment, machinery, and inventory to keep up with evolving technologies and consumer demands. However, this rapid evolution leaves behind a trail of obsolete assets that can become a burden. Fortunately, there’s a streamlined solution for turning these obsolete assets into cash: the auction approach. Understanding Obsolete Assets Before delving into the auction approach, it is crucial to understand what Read More

Tags: assets, auctions, obsolete assets

In the ever-changing landscape of business operations, there often comes a time when you may need to part ways with excess inventory, outdated equipment, or surplus assets. When faced with the task of liquidating these items, businesses are typically presented with two main options: traditional liquidation sales or auction-based approaches. Wondering which approach is the right fit for your business? Join us in today’s blog as we explore the pros and cons of each approach. Traditional Liquidation Read More

Tags: auction, liquidation, liquidation sales

In the world of construction, equipment is not just a tool but an essential asset. However, as projects evolve and technology advances, there comes a time when equipment may outlive its usefulness on a particular site. When faced with idle giants in your fleet, it's essential to consider selling them to maximize their value and free up capital for new investments. In this blog, we'll explore strategies that can help you get top dollar for your idle construction equipment.  Maximize Read More

In the world of heavy machinery, specialized equipment such as tractors, pavers, and combines play a crucial role in various industries. However, finding the right buyers for such specialized equipment can often be challenging. This is where auction houses like Backes Auctioneers come into play, with our extensive connections and expertise in reaching niche markets. In this blog, we'll explore the benefits of auctioning specialized equipment and how we can help sellers connect with the right Read More

Tags: Commercial Equipment, Sell Machinery

The world of auctions offers two primary avenues for eager bidders: live auctions and online auctions. Each format comes with its own set of advantages and disadvantages, catering to different preferences and needs. In this guide, we'll explore the characteristics of both live and online auctions to help you determine which platform works best with your bidding style and requirements.  Live Auctions: The Thrill of the Bid  Advantages:  In-Person Experience: Live Read More

Tags: Auction Advantages, Live Auction, Online Auction