Equipment auctions
Timed online equipment auctions, with the details bidders need
Equipment buyers want thorough descriptions, plenty of photos and clear removal terms. AuctionZu helps regional and consignment auctioneers present all of it and settle with consignors afterward.
Many consignors, one sale. Tag each lot to its consignor once. When the sale closes, every consignor gets a statement built from their own lots and what their buyers paid.
Spring equipment sale, 9 lotsExample sale
Consignor C01Hollis Farms4 lots
Consignor C02County road department3 lots
Consignor C03Miller Excavating2 lots
One saleHammer $106,250Every lot tagged to its consignor
Statement, Hollis$43,650.00$48,500 less 10%
Statement, County$18,900.00$21,000 less 10%
Statement, Miller$33,075.00Draft: 1 lot not paid yet
What equipment auctioneers juggle, and how AuctionZu fits
Fewer lots than an estate sale, but each one carries more value and more questions.
What you juggle today
- Long descriptions and many photos for each piece.
- Multiple consignors in a single sale.
- Loading and removal schedules that bidders must accept before bidding.
- Higher reserves and bigger increments that must be applied exactly.
With AuctionZu
- Thorough listings. Each lot carries a full description, multiple photos, category, quantity, reserve and its own bid increment.
- Terms up front. Removal and shipping terms, buyer premium and tax are shown on the storefront before any bid.
- Rules that hold. Reserves, increments and closing times are enforced by the server, and anti-sniping extensions keep the finish fair.
- Consignor settlement. Attach lots to consignors and produce a settlement report for each one when the sale closes.
One statement per consignor, built from what sold and what buyers paid, with fees and credits before you finalize.
Ready to run your next auction?
Tell us how you run sales today, and we will walk you through a sale on AuctionZu from the catalog to the consignor payout.