Industrial Auction Seller FAQs
Thinking about selling surplus equipment at auction? These answers cover how the process works, how to prepare your equipment, how we find buyers, and how removal and payment work. Don’t see your question? Contact our auction team for a free, confidential consultation, or learn more about our auction services. Looking to buy instead? See the buyer FAQs.
Frequently Asked Questions About SellingEquipment at Auction
How involved do I need to be in the auction process?
You can be involved as much or as little as you’d like. Our team of knowledgeable experts can handle auctions of any size and industry, from your first consultation all the way to final payment. With a team dedicated to your auction, we create a custom plan aimed at getting you the best value for your equipment. Learn more about the auction services we provide. We do the work so you can focus on your business operations.
What does the auction process look like?
Every auction follows a plan built for your equipment. In general, it works like this:
- You start with a free, confidential consultation, where we learn your goals and what you need to sell.
- Our team organizes and photographs your equipment and places machines, tooling and surplus into lots.
- We build a marketing plan aimed at the buyers most likely to want your equipment and promote the auction to them.
- Buyers bid online, and the auction closes on its scheduled end date.
- Winning bidders are invoiced and must pay before they remove their purchases.
- Buyers remove their equipment, and you receive your final payment once the auction is complete and all invoices are paid.
What should I do to prepare for an auction?
First impressions matter, and making your equipment look its best can go a long way. Before our auction team comes out to take photos, dust and clean your equipment. If you are able, repair any critical components. Repainting can also make an item more appealing. Small touches like these can help attract more bidding.
If you have an asset list, share it with the auction team. The more detail, the better, because buyers want to know everything about a piece of equipment they are interested in. While our team will take photos and videos, please also share any you have, along with machine specifications, service records, spare parts, available tooling, warranties, and any other information.
How will you find buyers who are interested in my equipment?
Finding the right buyer at the right time is critical to moving your equipment quickly. Our team builds a custom marketing plan for each auction, aimed at the audiences most likely to purchase your equipment. We promote available equipment and upcoming auctions through organic channels and paid advertising.
Do you offer a free consultation?
Yes. Contact our auction team for a free, confidential consultation. We will talk through your goals and the equipment you want to sell.
What types of equipment do you auction?
Revelation Auctions sells surplus CNC, fabrication, and process equipment, along with equipment from industries such as packaging, plastics, and recycling. Browse our past auctions to see what we have sold.
Can you handle a complete shop or plant closure?
Yes. Our team has run auctions for complete machine shop and facility closures, and handles each one from the first consultation through final payment. Learn more about our liquidation services, or browse past auctions for examples.
How and when is equipment removed?
You will work with the auction team to determine pickup and removal dates. Winning bidders are responsible for removing their purchases after they pay their invoice, and pickup is typically by appointment only. Pickup details, including the exact address and point of contact, are emailed to each winner. Once the auction is set up, pickup and removal information is also available on Bidspotter and on the invoice.
When can I release a machine?
A machine can be released once the buyer has paid their invoice. Invoices are typically issued within 48 hours after the auction date, and buyers must pay before removing their purchases. Revelation Auctions will work with you to let you know who has paid their invoices.
How do I get paid after an auction ends?
Revelation Auctions will send you your final payment once the auction is complete and all invoices are paid.
What sets you apart from other industrial auction companies?
You choose how involved you want to be, and our team handles the rest, from your first call to final payment. Each auction gets a custom marketing plan aimed at the buyers most likely to want your equipment. Our team is located throughout the country and can come to your shop to discuss your goals. Revelation Auctions is also a member of the Machinery Dealers National Association (MDNA) and the National Auctioneers Association (NAA).
What industries have you worked with?
Revelation Auctions has worked with businesses across many industries, including aerospace, bakery, breweries, cannabis, chemical, cosmetic, food & beverage, lab, metalworking, packaging, pharmaceutical, plastics, and recycling. Learn more about our experience by viewing companies we’ve worked with, our past CNC, fabrication, and process auctions, and our upcoming equipment auctions.
Who is Revelation Auctions affiliated with?
Revelation Auctions is a member of the Machinery Dealers National Association (MDNA) and the National Auctioneers Association (NAA). Learn more about our affiliations.
What if I have a question that is not answered here?
Reach out to our team of auction experts at Revelation Auctions today.