Some say that knowledge is power, and thanks to representatives with EHE Auctions, the new blog series they have created will empower heavy equipment and farm equipment sellers with information they need to ensure that their items sell at the highest price possible. “Like selling a car, there are just some things that you won’t know…
There’s an old saying that two heads are better than one, and representatives with EHE Auctions say they are taking that same approach when it comes to its auctions by officially launching its Timed Auction. “Our new Timed Auction service will serve as a complement to our Live Virtual Auction,” said Milissa Wise, Director of Operations for Expert…
There’s an old adage that says numbers don’t lie, and representatives with EHE Auctions, say that based on statistics, the company is now incorporating the researched proven strategy of low starting opening bids. “Often you see auctions that will have an opening bid of 50 percent or 70 percent of the market value of the equipment,”…
Representatives with EHE Auctions announced today that it will now focus solely on reserve auctions rather than absolute auctions. Milissa Wise, Director of Operations for Expert Heavy Equipment, the parent company of EHE Auctions, which provides a marketplace for buying and selling used heavy construction and farm equipment, explained that the company made the decision to shift toward…
Representatives with Expert Heavy Equipment announced today that it is now a resource in which buyers and sellers of heavy construction or farm equipment can use to determine the fair market value. “We are a resource to get general market pricing whether they are buying and or selling,” said Milissa Wise, Director of Operations for…
Reed Construction Data is a leading construction information source that provides accurate and reliable project leads and marketing intelligence. Early this year, they provided an extremely valuable outlook for the construction segment. This outlook analyzed construction spending from 2005 – 2012, including future projections. In the analysis, there were distinct changes in the total amount…
Wall Street Journal reported today that China is ramping up increased demand for steel, equipment and other materials used in construction. This information is also validated with a recent post we made concerning the mining industry. After disastrous results the first two quarters of 2013, Chinese steel prices are beginning to rebound. In addition the…
Equipment Watch released their 2nd QTR 2013 Auction Results on Crawler Mounted Hydraulic Excavators. During these last few months, there was an interesting shift in the pricing when Komatsu upset Caterpillar as the manufacturer with the HIGHEST average unit sale price. Caterpillar has maintained this position for nearly two years previous to the change. Contributors…
There is no question that in today’s global economy, China’s behavior affects the rest of the world. This is especially true for mining companies whose business depends on China’s demand for commodities. So what happens with China’s rate of economic growth slows down? Both commodity prices and corporate investment decisions are directly affected. According to…
Equipment Watch released their most recent market data reviewing the different segments on Auctions for 2013. Based on the data they provided, the average unit sales prices began plateauing in June – July time-frame. In addition, after experiencing a full year of price decreases, the Komatsu wheel loader had a notable price increase in Q1…