Sell farm equipment: onsite vs. auction options

Should you sell farm equipment from your location or an auction site? Here are your options

Jason KellerFebruary 13, 2024 · 3 min read

When you’re thinking about selling agriculture equipment, one of the biggest decisions to make is where to sell from – your location or an auction site.

It might depend on the size of your consignment. If you’re selling the entire operation, going through a complete dispersal, including property, it will make more sense to have the sale from your farm, creating a big event and selling everything in one fell swoop.

If you have a select number of items to sell, an auction site event could be the better way to go. That way, your assets get included in a big auction event with a large buyer base looking for equipment similar to yours. Here’s a further breakdown of the benefits of both, and which could be your best option.

Sell farm equipment directly from your location

On-the-farm auctions, like the ones Ritchie Bros. has been conducting for decades, provides an all-inclusive service start to finish. The process is designed to make it as easy as possible on you, so you can focus on the important stuff while Ritchie Bros. gets to work creating a world-class event and getting you the best returns possible.

A team of agriculture industry specialist will market your equipment, handle all inquiries, conduct the auction, collect proceeds and deliver payment within 21 days of auction (we even submit any applicable sales taxes on your behalf).

Set-up crews will take photographs and creates detailed descriptions of your assets, ensuring your assets are presenting in their best light to thousands of prospective buyers.

Even you have one or a few pieces of equipment you need to sell, you can save on transportation costs (and time) by selling directly from your location. By placing your consignment in a Ritchie Bros. online auction – called Timed Auctions – you can sell directly from your business and get access to thousands of online bidders.

Full-service auction sites and satellite yards

If you choose to sell your farm equipment in a Ritchie Bros. live event, we offer over 40 permanent auction sites across North America, including multiple sites in Alberta, Saskatchewan, B.C. and Manitoba.

These sites are constantly conducting big auctions events, so you have an extensive choice of scheduled auctions to choose from depending on your selling schedule. Our sites also provide an inspection forum for prospective buyers to view your equipment ahead of the auctions and kick the tires. This leads to buyer confidence and better returns for sellers.

Ritchie Bros. auctions have earned a reputation for consistently drawing record-breaking bidder participation, strong buyer demand, and delivering exceptional results for our sellers across the country.