Online Auctions Sales through auction Online are made through our website, offering second-hand assets and allowing buyers from all over the world bid over the internet. Our auctions help sellers […]

Online Auctions

Sales through auction Online are made through our website, offering second-hand assets and allowing buyers from all over the world bid over the internet.

Our auctions help sellers to penetrate the local market barriers and reach a global market. Assets of the sellers are offered individually in such sales and buyers can bid including in time real. Sale closes and ends date and estimated time. All lots that have matched or exceeded the reserve price are sold to the best bid received.

Online autcion:

  • provides sellers easy exposure to world markets, and allows buyers from anywhere, with access to the internet, the opportunity to bid and buy used industrial assets
  • is a fast and reliable process allowing sellers to turn surplus assets into cash in a timely and cost effective manner
  • is marketed by us to expanding and hot-buying regions, thus becoming a conduit in the recycling of used industrial equipment around the globe

An extensive marketing campaign that accompanies each auction also offers dedicated branding and spotlights for clients in order, to leverage existing brand recognition.

The Auction Process

There are common processes for both auction sale types: -Information gathering, – publishing and marketing, – Conclusion, – final settlement.

Information gathering

When an organization has identified surplus assets and decided to sell, the first step is to value the items (known as assets) and create a lot catalogue. The lot catalogue details the individual items, has a range of photographs, full descriptions and the reserve price. The reserve price is the minimum price below which the organization (the seller) will not agree to sell the item. This is generally not published, known only to the client and the Auctioneer. Our experts will advise on suitable reserves based on the valuation, current market conditions and real time evidence-based data from similar sales being conducted. The reserve is sacrosanct allowing our internal expert knowledge to advise the seller and also allowing the seller to retain control throughout the selling process.

Publishing and marketing

Once the lot catalogue is complete, our marketing team launches a high impact marketing campaign to create demand and drive potential bidders to the website, where they can sign up for the event. At this point, any potential buyers are also encouraged to view the assets in person (at viewing times typically set by the seller).

Conclusion

The auction then opens for bidding; bids are accepted and processed; and lots are sold to the highest bidder. When the last lot closes, the auction event closes.

Final settlement

The last step is the withdrawal and the final settlement. Our team of project managers will monitor with buyers for the payment of invoices, withdrawal and collection of lots. Once the payment and collection have been made, our accounting department carries out the liquidation less any Commission or charge to apply directly with the seller.

Private Treaty.

A sale by private treatment or negotiated sale is a method of sale of individual assets, production lines and complete plants on a global market. This method of sale takes the form of a negotiation between buyer and seller through Pacelma Auctions, SL. We agreed a strategy and a price of sale with our vendor customers, publishing assets and carry out individual sale contracts with buyers.

Sales by private treatment are a method of selling in the long term, where the markets and buyers are limited. Each sales draft is unique and is developed by our team specializes in private treatment. Each Member of the team has extensive experience in the sale of industrial assets, assisting both buyers and sellers.

Sales by private treaty are the best option to sell an asset of high value or specific assets with a limited market. It is also appropriate if talking about sales of complete plants. A broader sale period is necessary in order to carry out inspections in detail, make the appropriate decision and seek the necessary funding. In this way, the seller also has enough time to consider all offers or combination of them to take the right decision