On-Site Auctions

Your Assets. Our Expertise. Mutual Success.

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If you’re looking to retire, liquidate, or are simply trying to make some room in your warehouse, Southern Minnesota Auctions has the resources, equipment, and know-how to get your assets in front of the right audience, maximizing your potential revenue.
 
At Southern Minnesota Auctions, we believe that the auction process should be as painless and stress-free as possible. It can be intimidating to take on something like this on your own. That’s why we’re here. With our expertise, we are able to give you honest opinions on the value of your assets, which selling platform they’d perform best in, and how to best market them.

The Auction Process

We discuss the assets you want to sell and other logistics. 
 
Do you want to have the auction inspection and loadout on your premises? At our warehouse? Sometimes people don’t like strangers milling about their property and that’s okay. We have plenty of warehouse space to house as much or as little as you need.

We sign a contract that benefits both parties. Your success is our success!

Terms, conditions, dates, and the coordination of the auction are outlined in this process. Things such as commissions, fees, and when to expect your final check will be discussed at this point.

We work hard to ensure this process is easy to understand so you know what to expect.

Download our Consignment Agreement here

Photos are taken and accurate descriptions are created.

We work with you to create descriptions base on your information about the asset, demonstrate its functionality, and include anything else that the bidder may need to know about. Before the auction goes live, you have the opportunity to review the listings and make the necessary changes, if any.

Your auction is posted in front of thousands of bidders.

Watching the bids on your assets grow virtually overnight is exciting! At this point we will answer all the questions bidders may have, host inspections, and ensure that marketing has been implemented to ensure your assets get in front of the ideal audience.

Bidders are notified and the items are picked up.

We’ll handle collecting the money, paying the sales tax, and coordinating loadout dates and times. As a value-add for the buyers, we are willing to ship your items to the winning bidders. This not only makes buying larger or bulky items more appealing, this may also entice buyers to bid on more assets!

About two weeks after the auction pickup ends, you get paid!

A copy of the settlement will also be provided to you. This will outline what assets sold and for what price. A detailed report of the fees and commissions paid will be included.