Industrial Auctions  Manufacturers, Traders, Suppliers

The auction format is becoming increasingly popular in the used machine trade. Auction houses, which in the past only conducted live auctions, now offer the possibility of online auctions. Often it concerns thereby combined operational readiness auctions with the possibility for on-line bid submission.Were it first consumer goods, today also high-priced goods within the B2B range are auctioned on-line. Industrial auctions have become an integral part of the Internet. This is an advantage, as machines are often traded internationally.The process of industrial auctions is usually based on classical auctions. These can be extended if further bids are received shortly before the end of the auction. The end of the auction is reached when no new bids are placed within a given time.A comprehensive market overview of industrial auctions offers the portal TradeMachines.de, which bundles the bids and creates transparency for buyers and better prices for sellers.