The lowly rubber tire skid steer loader

bath ideaexpedition 069Problem: The lowly rubber tire skid steer loader – many see these as a tough sale. Product and market knowledge is essential to a successful sale. This style of skid steer loader has generally fallen out of favor to the more recently introduced “track’ style of machines – which are great on a conventional construction site since you never have to foam fill the tires or worry about a nail causing a flat tire. However, machines that fall out of favor with the US market can still be popular in foreign markets or with “niche” contractors.

Solution: We recently conducted a liquidation featuring a large amount of these “old’ style rubber tire skid steers. We were not going to settle for bargain basement prices. Instead we marketed the units heavily on sites and brokers who buy for overseas markets-as well as snow removal contractors who love these older style units as they out perform track machines in heavy snow situations.

Result: The machines brought great money and headed to East Coast Ports for shipping overseas and Snow Belt areas where snow removal contractors utilized them in their winter operations. Let our 30 years of experience work for you. Anyone can post a jpeg picture on line and call themselves an auctioneer. Settle for the best.




Rental Center Story-Moon Bounce

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Moon Bounce

We liquidated a Metro area rental center which also featured about 2 dozen amusement rental pieces – Kids Castles/ring Toss Games and Moon Bounce inflatable style amusements etc. When the units are not in service they fit in a huge tote sack and are carried with a special hand truck. The unit resembles a tent in it’s carrying case – only on steroids. We knew line description in an auction catalog was going to garner very little interest. We inflated the units, recorded any damage or previous repairs and featured the description, dimensions and photographs of the actual units. We let the bidders know that we would assist in shipping and the units did far better than anyone expected with one unit going all the way to Texas. The units brought far more money with this marketing. Let our 25+ years of full time commercial recovery work benefit your unique needs.




Heavy Equipment

truckA Metro area landlord called us about a variety of heavy equipment, trucks etc which had been abandoned on his property. He was initially going to pay an outfit to haul all the items away based on weight. We performed a lien search to determine nothing was encumbered.

Afterwards we inspected the units and verified that several units were indeed scrap-however some units still had value. The truck seen in the enclosed photo was equipped with a very popular 7.3L Diesel motor and ended up selling to a buyer in Texas. We sold the other units and even brokered a deal with a scrap dealer who split the proceeds of the scrap value with the landlord. We took a situation which was going to cost the landlord and turned it into one that put money in his pocket. We can arrange private treaty/negotiated sales for your heavy equipment and trucks from $5000.00 to 1M dollars. Contact us today.




16 cars in 60 days

packard formal limoProblem: We worked with an Estate in the Shenandoah Valley representing a recently deceased owner who had a wonderful collection of 1930’s thru 1940’s classic cars. The cars were scattered over several estate properties he owned and carriage houses storing the collection. There were several problems. Most of the cars had not been started in 3-4 years and the real estate represented in the estate had contracts on it – these units had to move fast – but the Executor did not want to “give them away” either.

Solution: On day one, we started photographing and marketing the cars on classic car sites pointing interested parties to our website as being available with sale date TBA in the near future. We started to shuttle the cars off site and swung into action – with almost an assembly line mentality. The cars went up on a lift to drain the fuel tanks of their stale gas, inspect the transmission, differential fluids, photograph and evaluate the undercarriage for upcoming marketing. Then, new batteries, clean and gap plugs and set the points and timing. When we got the cars up and running, we then cleaned and detailed the units for their final phase advertising and marketing. The on line auctions enjoyed both US and foreign bidders.

Result: Out of 16 cars, only 2 remained in the DC Metro area with the other 14 being shipped to 9 other States and British Columbia.

 




This warehouse building had to go

004Problem: The elderly owner’s husband had passed several years ago and she just shut down the business and closed the doors. Several deals with traditional realtors always fell apart at the last minute. The Industrial park had fallen on hard times being located in an area in transition.

Solution: Our attempt to auction the property initially resulted the same results-we didn’t get is sold. Despite that we knew it was a unique building with good zoning and a drive thru bay-more suited to industrial application and not a destination bound business. We kept working the call list on the property and worked with a Baltimore based Contractor that needed to base of operations in P. C. County.

Result: We entered into a 14 month lease with option purchase. The rental income and purchase option price will result in a total equivalent to the Realtor’s contracts which failed to go to settlement. Yes – it took a year to get it done – but sometimes you have to think outside of the box.




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Testimonials

Bob Tyler-Chapter 7 Trustee (Retired)

When someone has the responsibility for turning property of any sort into as much cash as the market will bear, it’s pure folly not to engage the services of an experienced liquidator like Nick Arrington. Not only is it necessary to “know the territory” in which sale of the property should take place, the seller also needs to know who the prospective purchasers for the property are likely to be, the best way to reach them – internet, news media, direct mail, -- and what the probable sale price range is likely to be. During the twenty-five years or so that I used Mr. Arrington as my agent for the purpose of liquidating property in bankruptcy cases where I was Trustee, we successfully sold real estate, cars, machinery, furniture, computers, and more other stuff than I can remember. Always the professional, he had a knack for making people enjoy dealing with him, was always prepared, and made me look good. I can’t thank him enough.

A. Henry-Executor Rappahannock Co. Virginia

We can’t thank you enough for your services in liquidating the antique cars in the Sperryville, Va. Estate. The entire process from pickup to arranging delivery to the new owners was seamless. Your pre auction estimates met or exceeded the values on each vehicle. We never imagined the cars would end up in so many different states and outside of the United States. Thanks again.