AuctionTime.com finished 2018 by breaking their sales record during their end of the year auctions. The online only platform focused on auctioning off construction equipment, commercial trucks, and trailer sold $113.6 million worth of assets and product during the month of December. Just under 19,000 different bidders, from all 50 states, every Canadian province, and 52 different countries took part in the four day auctions held at AuctionTime.com. In total 1,194 auctioneers used the platform to sell off over 10,000 different vehicles in just December.
AuctionTime.com is a product of Sandhills Publishing (the Nebraska-based tech company behind Machinery Trader, CraneTrader, ForestryTrader, TractorHouse, Truck Paper, and a number of other brands). Since its launch in 2010, the platform's end-of-year auctions have grown exponentially.
December AuctionTime.com Highlights:
Gross auction proceeds: $113.6+ million
Total unique bidders: 18,876
Total assets sold: 9,929
"Product growth and brand extensions across each of our core industries and the niche markets within them have continued to fuel the success of AuctionTime.com," explains Sandhills' Director of New Products Evan Welch. "The year-over-year growth of AuctionTime.com, and especially its December sales, can be attributed directly to the unique value the platform offers both buyers and sellers."
Edited by M. Hunt
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