How do I find the Ritchie Bros auction results?

Get Free Past Auction Results Ritchie Bros. provides free past auction results on over 600,000 heavy equipment items on the rbauction.com website. With past auction results you can look up the past sale prices for nearly any type of equipment sold in the past 24 months at any global Ritchie Bros. unreserved auction.

How much does Ritchie Bros charge to sell?

Each purchased Lot will be subject to a transaction fee of: (a) 10% on all Lots selling for USD 12,000 or less, (b) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000, with a minimum fee of USD 1,200 per Lot or, (c) USD 3,638 on all Lots selling for over USD 75,000.

Who started Ritchie Bros?

David Edward Ritchie
Ritchie Bros. Auctioneers

How many locations does Ritchie Brothers have?

▸ LOCATIONS: Headquartered in Vancouver, BC, Canada, Ritchie Bros. has over 110 locations worldwide, including more than 40 auction sites in North America, Europe, the Middle East and Australia.

What happens if you bid at an auction and don’t pay?

Dummy bids In New South Wales, if someone makes a dummy bid for the seller, they could be prosecuted and fined up to $55,000. The property seller who may have asked that person to bid can also be fined up to $55,000, as can the agent and the auctioneer if they were involved in any way.

Do you pay commission when buying at auction?

The answer is that they charge fees – commission – to the seller and to the buyer. All you as the buyer need to do is know what those auction fees are and then take those charges into account when you decide how much to bid. The auction fees to buyers are typically added on to the hammer price.

Who is the CEO of Ritchie Brothers?

Ann Fandozzi (2020–)Ritchie Bros. Auctioneers / CEO

How old is Dave Ritchie?

Dave Ritchie (ice hockey)

What happens if you lie at an auction?

The seller will repossess the house, auction it or otherwise sell it again, The seller will then go after the (original) buyer for any difference between the second auction and the first one, plus costs involved. The buyer will see a defaulted loan on their credit report, which will ruin their credit history.

Can you change your mind after auction?

There is no cooling off period if you buy your home at an auction. This means that you cannot cancel the contract if you change your mind without being in breach of the contract.

What is a typical auction percentage?

In general, you’ll pay a sales commission equal to 20 to 50 percent of the sale price. If your sale totals less than $300, you’re more likely to pay that 50 percent; more expensive items are charged lower commissions. But fees are negotiable and often depend on how much an auctioneer wants to sell your goods.

Why are auction fees so high?

So why are property auction fees so high? Property auctions offer a faster and more convenient way to sell compared with going through an estate agent. They also give you a much higher likelihood of success. It’s normal to expect to pay a higher price for better results, so a higher price is justified.

How to bid at Ritchie Bros auctions?

First listing closing on {0} Industrial auctions Agricultural auctions Auction Registrations Add to my calendar Ritchie Bros. Auctions Enable Bidding Enter Auction Enter Timed Auction View Auction Register to Bid Online Action Required: Increase your bid limit to enable bidding. You are registered to bid at this auction.

Where can I find farm equipment auctions?

AuctionTime.com features farm equipment auctions, including tractor auctions, combine auctions, planter auctions, hay baler, sprayer, cotton picker & stripper, and header auctions, plus much more. These online auctions take place each week, standard bidding begins 7 days before the close of each online heavy equipment auction.

Who is the largest auctioneer of heavy equipment?

Ritchie Bros. is the world’s largest auctioneer of heavy equipment and trucks. We’re the auction experts—and we’ve been helping people around the world buy and sell with confidence since 1958. In 2018, Ritchie Bros. sold $4.96 billion of used equipment and other assets.

How do I access my selling prices through auction results?

Account holders can access 24 months of selling prices through Auction Results. First sign in or create an account. It’s fast and free. A free account gives you access to all the features of rbauction.com: Sign up now!