Why Choose a Laboratory Auction?
Auction companies (generally) handle marketing
Experienced auction organizations have a strong understanding of how to best market your equipment. Laboratory equipment is a broad category, however, with the right auctioneer, they have the know-how and contacts to market directly to a large database of qualified, interested buyers for your equipment.
They handle the messy stuff
Auctioneers will organize, schedule, market and run the auction from start to finish. Some organizations, like The Lab World Group, will even come to your facility and perform an equipment assessment. They will also ensure that you receive payment from the buyer.
Sell large quantities quickly
Lab auctions are ideal if you are looking to liquidate a large quantity of assets quickly. Whether a division of your company is closing or relocating, or if you’re just looking to free up some cash, auctions offer a quick selling cycle and high conversion rate.
Things to keep in mind:
As with any form of laboratory equipment resale, there are certain trade offs that should be considered to make sure this is the right option for you. The main benefit of an auction is to quickly liquidate surplus equipment, this method while expediant may not always yeild the highest possible return on investment. The process is completely hands off, which to some is a big plus, but consider whether that’s right for your situation as you may prefer to maintain a certain level of control. Our goal at The Lab World Group is to make your lab auction as painless and simple as possible, but we also want to make sure the process meets everyones expectations and we’re here to work with you. If a lab auction is a solution of interest to you, feel free to contact us, together we can come up with a plan to suit your needs!