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Episode 3: Online VS. Live Auctions
Articles
Information to improve your auctions
Reading our blog will give you an edge in the auction market and help you make informed decisions that will maximize your investment, whether you're buying or selling.
The FAQs
Help center
Everything you need to know about the process of bidding and selling.
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We specialize in converting your farm, construction, or commercial assets to working or bankable capital. You'll have our promise of commitment and attention to detail. Wide area promotions, and solid equipment knowledge coupled with our ability to bring seller and buyer together, makes our group your auction solution. Contact us, as we have a plan tailor-made for you.
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Proudly serving the Upper Midwest, covering ND, SD, MT, IA, WI, & MI, with our headquarters in Grand Forks, ND. We've hosted auctions across diverse locales, including South Dakota and Michigan. Our services are subject to project scope — Please contact us to determine if your auction would be a fit for our capabilities.
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Commission rates vary and are determined by the item you are selling. Reach out to a member of our Sales Team to discuss what your commission rate will be.
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You will find pickup locations on either the Auction description page or the lot may have specific pickup addresses.
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Resource Auction takes cash, check, credit card, debit card, wire transfers, and ACH payments. You can pay your invoice through our payment portal with a credit card, debit card or ACH payment.
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Successful bidders will get an invoice for their items after the entire auction closes. We can not take payment for any lots won until you have received this invoice. Once you have paid for your item(s), you will receive a paid-in-full invoice, which you will bring with you to pick up your item(s).
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Within ten business days of the auction closing you will receive a call from a member of our staff to discuss the name you want your title in and how you will receive your title.
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Just like live auctions, we want to give all prospective buyers a chance, therefore, extended bidding may occur if additional bids are placed in the last minutes of the auction. This is to prevent last-minute bidders from sniping the lot and to give all bidders a fair chance to acquire the piece.
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Selling with Resource Auction is a fast and easy process. Contact a member of our sales staff to discuss the selling process.
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We do host benefit auctions. Please contact David Gorder at 701-757-4015 to discuss this further.
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