14,500+ bidders compete for 6,500+ items
With our first Houston, TX site auction of the year, we attracted more than 14,500 bidders to compete for 6,500+ items, generating US$61+ million in gross transaction value.
Approximately 87% of the equipment in the February 14 – 16, 2023 auction was sold to U.S. buyers, including 48% purchased by Texans. The remaining 13% was purchased by international buyers from far away as France, India, and Japan.
“We had a fantastic selection of equipment last week in Houston, with something for everyone, attracting bidders from more than 60 countries around the world,” said Chuck Roberson, Regional Sales Manager, Ritchie Bros.
“We achieved strong prices for equipment and trucks all three days of the auction. As a result, we had a lot of happy sellers eager to consign more equipment for our upcoming Fort Worth sale in March and our weekly IronPlanet events.”
Three big sellers in Houston
Auction highlights in Houston included 1,100+ transportation assets, 1,100+ construction equipment assets, 700+ lifting & material handling assets, forestry equipment, and more—all assets were sold without minimum bids or reserve prices. Here are three of the biggest sellers in the auction:
Mr. Roberson continued, “For bidders who were unable to secure the items they need in Houston last week, we have a many upcoming auctions and online events, including our Premier Global Auction this week in Orlando, FL. More than 13,000 items will be sold in the massive five-day event. If you haven’t already, I encourage you to visit rbauction.com/orlando2023 to get registered and start bidding.”