How long does it take to get paid from Ritchie Brothers?
How long does it take to get paid from Ritchie Brothers?
Every item is sold to the highest bidder on auction day, and you'll have cash in hand within 21 days.
How much does it cost to sell something at an auction?
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.
What happens if you dont pay Ritchie Brothers?
If Ritchie Bros. If Ritchie Bros. does not receive full payment within seven (7) days of the end of the auction, interest on overdue amounts will be paid by Purchaser at a rate of 18% per annum or at such other maximum rate as allowed by law, together with any legal or collection costs incurred by Auctioneers.
What companies does Ritchie Bros own?
' group of companies and solutions also includes Marketplace-E, an online equipment marketplace; Mascus, an online equipment listing service; GovPlanet, an online marketplace for selling surplus government, military and other public agencies' assets; TruckPlanet, a marketplace for the transportation industry; Kruse
When did Ritchie Bros go public?
1998
How much does Ritchie Bros make a year?
The average Ritchie Bros. salary ranges from approximately $50,923 per year for an Inspector to $113,765 per year for a Territory Manager. Ritchie Bros. employees rate the overall compensation and benefits package 3.9/5 stars.
Where is Ritchie Brothers headquarters?
Burnaby, Canada
How does Ritchie Brothers work?
Ritchie Bros. conducts live auctions at physical auction sites, with real time bidding on-site and online. We sometimes sell smaller items, like equipment attachments and consumer goods, in an online Timed Auction.
Where did Ritchie Brothers Auctions Start?
Kelowna, British Columbia
What is the best auction site?
- Best Overall: eBay.
- Best for Real Estate: Auction.com.
- Best for Auto: Copart.
- Best for Business Equipment: BidSpotter.
- Best for Luxury/Collector Items: Sotheby's.
- Best for Government Surplus Items: GSA Auctions.
Can you view a property for auction?
Auction properties often do not allow a home inspection or any legal way to view the interior in person. If you can't afford the risk of buying a property in poor condition, stick with auctions that allow you to inspect the property before bidding.