Selling with AuctionWaves.com

AUCTIONWAVES.COM is an event based liquidation company devoted to the sale of commercial assets including Rolling Stock and Vehicles, Restaurant Equipment, Store Fixtures, Office Equipment, Supermarkets, Automobile Operations, Building Material Inventories, Pallet Racking, Computers, Forklifts, Landscape Equipment, Plant Relocations, etc.

Each event has a location, scheduled preview, closing and removal.

AUCTIONWAVES.COM offers free project/asset evaluations with most projects being able to be evaluated either over the phone/internet or with an on site visit scheduled within a day or two.

Spreadsheets and photos can be emailed to freeanalysis@auctionwaves.com.

AUCTIONWAVES.COM does not offer written appraisals for project evaluations, they do not require written, line item appraisal reports. One of the many consulting services that we do provide are formal written CERTIFIED appraisals, less formal letters of opinion and photographed asset inventories.

If you have a valuation project which requires detailed identification, valuation, strategizing and testimony, AUCTIONWAVES.COM can provide detailed appraisal reports in as little as 7-10 business days for a reasonable fee.

AUCTIONWAVES.COM does offer national service and support with one of the most comprehensive databases of buyers that can be called on to serve any regional market.

FEES

Our fees are flexible, and scaled to match the needs and resources of our clients.

We offer full service turn-key liquidations.

Our initial call or visit will allow us to summarize your requirements and provide you with an immediate quote.

SCHEDULING

The entire sales process from start to finish averages 10-14 days. We routinely complete sales within one week. The highest return is generated from projects which provide 14 or more days.

• Step 1. Evaluation
  AUCTIONWAVES.COM will interview you regarding the specifics of your project, prepare a schedule and tailored sales solution.

• Step 2. Engagement
  AUCTIONWAVES.COM will forward a letter of agreement outlining the details of sale.

• Step 3. Identification
  AUCTIONWAVES.COM will provide staff and/or materials necessary to prepare a detailed inventory. The identification process can be completed by either AuctionWaves staff or the seller. Identification consists of applying a bar code label, preparing a detailed description with dimensions, manufacturer and model number, taking a digital photo and assigning a location code. The identification process normally takes between 2-8 hours to complete.

• Step 4. Web Posting

  AUCTIONWAVES.COM prepares the event details and inventory for posting to the web. Each event is featured by closing sale date and has unique terms of sale, inspection, closing and removal times. Most events are posted with 1-3 days of the identification process.

• Step 5. Online Preview & Bidding
  Once the event and assets are posted to the web, the inventory is fully searchable for preview and immediate bidding. While the bidding phase can be as short as a few hours, we recommend a preview/bidding period of 6-14 days. Projects which are prepared well in advance of the closing date can substantially benefit from prolonged exposure, marketing time and extended bidding.

• Step 6. Marketing
  Once an event is posted the marketing plan begins utilizing a combination of direct mail, E-MAIL, newspaper, online newsletters, telemarketing, web promotion, online advertising and press releases.

• Step 7. Inspection/Open House
  While not strictly required, most events include a one day presale inspection or open house, staffed either by AUCTIONWAVES.COM or the seller. The inspection is usually conducted one or two days prior to the event closing.

• Step 8. Event Closing
  The event will begin closing online starting with the first catalog item and continues 3-10 items per minute until all items have been sold. AUCTIONWAVES.COM utilizes a “dynamic” closing system which automatically extends the closing time on any item which is being actively bid upon. Most events conclude within 2-6 hours.

• Step 9. Transaction Processing
  At the conclusion of the sale, all bidder transaction are automatically processed for payment and delivery of e-mail delivery of sales receipts.

• Step 10. Removal
  The removal is supervised by the AUCTIONWAVES.COM staff and come prepared to disconnect and remove assets. Most purchasers use professional movers. Removals can be scheduled during the day, evenings and/or weekends. AUCTIONWAVES.COM can coordinate and supervise all aspects of the removal with building management. Most removals require 1 or 2 days.

• Step 11. Reconciliation
  With the conclusion of the removal AUCTIONWAVES.COM prepares a detailed reconciliation with complete inventory, bidding history, revenue, costs of sale and proceeds disbursement.

All information is posted online and can be viewed 24/7. Inventory items are added, edited, removed, sold, delivered and reconciled based upon the lot number and detailed item description.

Buyers and sellers watch the entire sales process unfold online. In addition to the photo catalog, the sales inventory shows the current number of bids on each item, the bid history, the current bidder number, current bid and next required bid in real time.

At the conclusion of the sale, the sales results are left online for a period of 6-12 months.

For initial Consultation contact us at info@auctionwaves.com