Martin Auctioneers and Valuers were appointed sole agents to market an entire fleet of underground mining plant and equipment which had become surplus to the vendor’s requirements.
Martins employed a two stage approach to realising the assets. The first stage was a tender process which was successful in achieving premium prices on some higher value equipment prior to auction. Once this process was finalised, an online auction was conducted achieving a 100% clearance rate and realising more than 105% of the valuation figure.
The client was impressed with Martin’s cutting edge digital marketing and highly professional management of the sale. These are two key aspects that sets Martin Auctioneers and Valuers apart.