Call now: 1300 716 595

Sydney Auctions

How It Works

Step 1

Submit Your Personal Assets for Appraisal

Once we have received your personal asset information, we will request a second call with you to clarify the information you have provided & ask additional questions (if required) to enable us to complete the desktop appraisal.

There are 10 primary factors we consider when appraising your personal assets.  Subsequently, the desktop appraisal will take some time to prepare & will be heavily reliant on the information you provide.

  

Estimated Time Frame: 1 - 10 Days

 About 11 Weeks to a Cheque

Step 2

The Appraisal

Once we have received your plant & machinery information, we will request a second call with you to clarify the information you have provided & ask additional questions (if required)  to enable us to complete the desktop appraisal.  There are 10 primary factors we consider when appraising your plant & machinery assets.  Subsequently, the desktop appraisal will take some time to prepare & will be heavily reliant on the information you provide.

 

Estimated Time Frame: 1 - 10 Days 

About 11 Weeks to a Cheque

Step 3

What your Personal Assets could Sell for if Sold today ...

Once the appraisal has been completed one of our experienced appraisal experts will give you a range as to what your personal assets could sell for, if sold today…

 

Estimated Time Frame: 1 - 2 Days

 About 10 Weeks to a Cheque

Step 4

The Assest Divestment Strategy

If you instruct us to proceed to the Asset Divestment stage we will provide you an Agency Agreement document for your approval & signing.

An agency agreement is a legally binding contract between you (the vendor) and us (the agent).  It includes your (the owners) details, the agent's (our) details and the Personal asset details.

It also details what you (the vendor) and us (the agent) have agreed in relation to responsibilities, fees & charges for our professional services in acting on your behalf to assist you divest your Personal asset(s).

  

Estimated Time Frame: 24 - 72 Hours

About 8 Weeks to a Cheque

Step 5

The Agency Agreement

If you instruct us to proceed to the Asset Divestment stage we will provide you an Agency Agreement document for your approval & signing.

An agency agreement is a legally binding contract between you (the vendor) and us (the agent).  It includes your (the owners) details, the agent's (our) details and the Plant, Machinery & Equipment details.

It also details what you (the vendor) and us (the agent) have agreed in relation to responsibilities, fees & charges for our professional services in acting on your behalf to assist you divest your Plant & Machinery asset(s).

 

Estimated Time Frame:  24 - 72  Hours

About 8 Weeks to a Cheque

Step 6

Information Gathering

Once the agency agreement is signed, we will visit your premises / site so we can build a detailed list / inventory of your Personal assets.

This includes but is not limited to;

  • a detailed description of your assets including description, make, model, year, size, features, capacity etc…
  • Photography of all your assets
  • Videos’ of your assets (if appropriate)

  

Estimated Time Frame: 1 - 7 Days

 About 8 Weeks to a Cheque

Step 7

Copywriting & Graphic Design

With all the information and photographic imagery we have now gathered, our in-house copywriters and graphic designers, create both traditional and digital marketing literature to promote your Personal Assets to a global audience.

  

Estimated Time Frame: 1 - 5 Days

 About 8 Weeks to a Cheque

Step 8

Assets To Market

Once our copywriters and graphic designers have finalised the tailored marketing material, we implement our agreed marketing strategy promoting your assets to a global audience.

We use three different marketing approaches to find a buyer for your personal assets.

  • We promote your assets to our extensive buyer database.
  • We promote your assets via our marketing channels. We have 15 different marketing channels we use to find buyers looking for assets to acquire, just like yours.
  • We look for synergistic buyers and create a target list of dealers / collectors / merchants / suppliers / distributors and contact them directly.

Interested buyers will have a range of questions about your assets – we answer all the questions we can ourselves, if we can’t, we get the answers from you and respond to the buyer.

Viewing – we conduct and manage viewing days (buyer inspections) to enable prospective buyers to inspect your assets, this increases the confidence of the buyer for their purchase of your personal assets.

We offer your assets to a global market.

  

Estimated Time Frame: 2 - 4 Weeks

 About 7 Weeks to a Cheque

Step 9

Auction Catalogue

This document is an extensive listing inventory with complete descriptions of your assets, including description, make, model, year, size, features, capacity etc…along with photos & videos, from various viewpoints.  This is the document, along with the marketing literature we use to promote your assets to a global audience.

 

Estimated Time Frame: 2 - 4 Weeks

 About 6 Weeks to a Cheque

Step 10

Assets Go To Sale 

The assets are offered for sale via our selected sale methodology.  The asset sale process is “live” for an extended period, enabling our marketing strategy to drive buyer interest & buyers to bid freely to purchase your assets.

  

Estimated Time Frame: 7 Days

About 3 Weeks to a Cheque

Step 11

Invoicing & Pick Up

 

We issue invoices for buyer purchases and dedicate specific days for buyers to attend your site to collect their purchases, which is managed by us.

  

Estimated Time Frame: 1 - 10 Days

About 2 Weeks to a Cheque

Step 12

We Send The Cheque 

The final step is we send you the cheque along with a tax invoice documenting your asset sale prices and itemising the expenses, fees & charges.

 

Estimated Time Frame: 1 Day

Cheque

CALL NOW – 1300 716 595

Call us now for more information on how we can assist you in developing your asset divestment strategy

Contact Us

The Sydney Auctions MARKET PLACE is where SELLERS go to turn their assets into CASH.

Sydney Auctions provides a turn-key solution for your asset divestment requirements, from creating the marketing strategy to sending the cheque.

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