Overview of american iron auctions
American Iron Auctions, LLC is a company that deposits cash with sellers and provides on-site facilities for buyers. The company specializes in the sale of agricultural machinery, construction machinery, and vehicles. It sell real estate and real estate services in partnership with American Land Auctions. American Iron is owned and operated by his third generation auctioneer in the family who has been saying “sold” since 1962. They keep there equipment rules simple. There are no fees (0%) for sellers and buyers, and a flat buyer premium. Auctions involve transactions and sales, not listings.
PA Auction Business License – AY 002398They are also licensed to operate in West Virginia and Ohio.
Table of Contents
American Iron Auctions sells equipment and other valuable assets without fees to sellers. They charge a flat fee that buyers pay, but sellers like you never pay a fee to sell our products. They are a regional leader in conducting online auctions that reach local, national and international buyers.
Simple. All you have to do is hand over your assets to us, set a minimum price if you wish, and wait for your check. To save you time, They take care of human resources, salaries, questions, etc. External options are also available for larger devices.
Published. This is a completely online public auction. Assets can be bid on by anyone from anywhere in the world. This also maximizes your return on investment.
Have insurance. There is no one in your facility who could get hurt. We assume all risks. The company is fully insured and has liability insurance.
Fast Payment. Checks will be shipped within a few days of receiving the item. We do not release assets until funds are secured.
Anonymous. We do not reveal the identity of sellers (unless asked). This means you won’t be bothered with questions or buyers wasting your valuable time.
How to buy and sell in American Iron Auctions
Sales
They sell equipment, vehicles, real estate and other valuables to sellers for Є0.00. They charge buyers a buyer’s premium for products we hold as a commission for on-site sales. Example: someone bring in a tractor that brings her $10,000 in revenue, the buyer pays us her $11,250, and you receive her check for $10,000. people can set up reservations for devices costing more than $1,500. Reserve means that people will receive at least this amount, but also more.
Example: You set the reserve deposit at $4,000, the item is sold for $5,000, the buyer pays us $5,500, and you receive a check for $5,000.
Reserves cannot be placed on gas-powered tractors or lawn mowers (lawn or farm).Items with a minimum rate of $5,000 or less will not be subject to a sales fee of $30 per item if the item does not sell (if the minimum rate is greater than $5,000, there will be no sales fee).
Fees: Sales fees are 0%, but fees may apply for items sold for less than $2,000 or that can be stored indoors.
Payment will be made by check within two weeks of collection and/or payment by Buyer.
Buy
All bids are made online. Visit www.AmericanIronAuctions.com and click on “Current Auctions.” You can place a bid or view the lot by clicking the red button (see above before the sale begins). Please note payment options and collection dates and times. People can place your bid in two ways:
Enter highest bid now and sit back.
Example: Let’s say you want to bid $500 on an item.
Current bid is $100.
If you enter $500, your bid will be up to that amount.
Assuming the other bidder stopped at $295, your bid would be $300.
Bid every time you bid.
People can increase your bid one amount at a time.
*Note – Many people bid in the last three minutes of the auction.
With option 1, you won’t lose your items in the last seconds if you’re not careful. Click here for more information
