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Online vs. In-Person Auctions: Which is Right for Your Machine Shop Equipment?
March 19, 2025
Categories: Auctions, Auto and Shop Equipment
When it’s time to sell your machine shop equipment, choosing the right auction format is key to maximizing your return. With Backes Auctioneers, you have two main options: online auctions or in-person auctions. Both have their advantages, but which one is the best fit for your equipment, timeline, and goals? Let’s break down the pros and cons of each so you can make an informed decision. Online Auctions: Convenience and a Larger Buyer Pool Online auctions have become increasingly Read More
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Protecting Your Heavy Equipment: A Guide to Maximizing Value at Auction
February 24, 2025
Categories: Auctions, Construction and Industrial
As a heavy equipment owner, you understand the importance of protecting your valuable assets from damage and depreciation. Not only does proper maintenance and protection preserve the equipment's functionality, but it also maximizes its value when it's time to sell. At Backes Auctioneers, we've seen many heavy equipment owners make common mistakes that can significantly reduce the value of their equipment at auction. Today, we'll discuss the importance of protecting your heavy Read More
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5 Reasons to Sell Your Heavy Equipment at Auction
January 8, 2025
Categories: Auctions, Construction and Industrial
Selling heavy equipment can be a daunting task, but choosing the right method can make all the difference. Auctions have become a popular and effective way to sell heavy machinery, offering numerous benefits over traditional sales methods. Here are five compelling reasons to consider selling your heavy equipment at auction, backed by insights from Backes Auctioneers: 1. Maximized Exposure Wider Audience Reach: Auctions attract a broad pool of potential buyers, including contractors, brokers, Read More
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Preparing Your Machine Shop for an Equipment Auction
September 25, 2024
Categories: 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
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How to Sell Industrial Welding Equipment at Auction
September 18, 2024
Categories: Auctions, Construction and Industrial, welding
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
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From Reel to Real: Iconic Movie Memorabilia Sold at Auction
August 21, 2024
Categories: Auctions
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
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Auction Alphabet: The A-Z of Bidding and Buying
July 17, 2024
Categories: Auctions
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
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Maximizing Your Auction Success: A Farmer's Guide to Buying Farm Equipment
May 29, 2024
Categories: Agriculture, Auctions, Farm Industry
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
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Turning Obsolete Assets into Cash: The Auction Approach
April 24, 2024
Categories: Auctions, Downsizing or Liquidating
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
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Auction vs. Liquidation Sale: Which Is Right for Your Business?
April 10, 2024
Categories: Auctions, Downsizing or Liquidating
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