How to Get the Winning Bid at an Industrial Auction

How to Get a Winning Bid at an Industrial AuctionHGR has developed a comprehensive guide to help you get the winning bid at an industrial auction.

Industrial auctions are thrilling and can easily get you lost in the excitement of competing to place the winning bid. Amid all the excitement, people, and items involved, it is easy to over-bid and pay too much, or under-bid and lose the item.

Adopting a good strategy at the auction can help you buy industrial machinery. Read on to learn how to place the winning bid at an industrial auction.

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3 Key Tips to Scoring a Deal at an Online Industrial Auction

industrial equipment auctionIndustrial auctions are a simple solution to finding the equipment you need at the price you want to pay.

Auctions can be competitive: the highest bid wins the desired item, so what do you do to prevent someone from out bidding you the last minute, and what approach should you take to ensure that you get the best deal?

Buying at an industrial equipment auction may be a large purchasing decision, but how can you strategize your bids to get the best deal?

Learn key tips on the best approach to use when bidding at an auction, discover how to put emotions aside, and win the best deal without overpaying below.

FYI, if you are in the market for industrial equipment, check out HGR Auctions for the best deals at our very first auction on January 20.

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How Does An Industrial Auction Work?

how does an industrial auction workWhat is an industrial auction and how does it work?

An industrial auction is a process of buying and selling industrial equipment by offering them up for bids or taking bids and then selling them to the highest bidder or buying from the lowest bidder.

If you didn’t hear, HGR just opened our very own auction platform. Learn more about how industrial auctions work below, and register on our auction platform so you can participate in HGR Auctions.

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HGR Launches New Online Auction Platform

industrial equipment auctionWe are pleased to announce the launch of HGR Auctions, our very own online auction platform to bid for and sell industrial surplus.

Companies looking to buy or sell industrial surplus have an additional avenue to get the equipment they need or recoup the initial value on their surplus.

HGR Auctions will host regular live online auctions. Sign up for an account with us to get notified of live auction dates and start bidding! Our first auction goes live on January 20, 2022.

Learn more about buying and selling surplus through HGR Auctions below.

Continue reading HGR Launches New Online Auction Platform

What’s this about an auction?

HGR Auctions are listed here.

HGR partners up with multiple auctioneers to bring you online and in-person used machinery auctions. You can see all of the auctions here at HGR Auctions. The info is updated as new auctions come in. Plus you can view some of past auctions to see the type of items are typically up for bidding. All of the bidding is done outside of HGR’s website and HGR does not have any control or overall info on it. Each site will have you register and create an account to bid. Each auction will also have details on whether it is a timed auction, or if the bidding is opening for multiple days. These pages will also have info on purchasing the items. Make sure you check back often for updates.

HGR Industrial Surplus and local furniture designers raise more than $600 for hurricane relief

44 Steel desk
Desk by Jason Radcliffe of 44 Steel

3 Barn Doors table for HGR Industrial Surplus hurricane-relief auction

Rust Dust & Other 4 Letter Words lamp table
Lamp table by Larry Fielder of Rust, Dust & Other 4 Letter Words

HGR donated items from its showroom to three local furniture designers – 44 Steel, 3 Barn Doors and Rust, Dust & Other 4 Letter Words. These designers took their materials to IngenuityFest 2017 and did a live build of a desk, a table, and a reading lamp and table. The three pieces were auctioned through HGR’s eBay site and raised $606 that is being donated to Fresh Arts, a nonprofit arts organization in Houston, Texas, that is funding the Immediate Disaster Relief Fund for Texas Artists to help artists in the area rebuild after the hurricane. Thanks to everyone who participated for this good cause!

 

Euclid Chamber of Commerce’s Coffee Connections held at HGR Industrial Surplus

Euclid Chamber of Commerce Coffee Connections HGR Industrial Surplus

Euclid Chamber of Commerce Coffee Connection HGR Industrial Surplus coffee and pastryOn Oct. 3, approximately 25 members of The Euclid Chamber of Commerce and the business community visited HGR Industrial Surplus for an hour to mingle, network, take a tour of the facility and learn more about HGR while enjoying coffee and pastry catered by Manhattan Deli. Attendees included the City of Euclid police chief, City of Euclid Mayor Kirsten Holzheimer-Gail, radio celebrity Mark “Munch” Bishop, the executive director of Shore Cultural Center, and many others.

On their tour, they learned of HGR’s auction of one-of-a-kind handcrafted furniture by 44 Steel and Rust, Dust & Other 4 Letter Words to benefit hurricane relief.

 

hurrican relief auction furniture HGR Industrial Surplus 44 Steel Rust, Dust & Other 4 Letter Words

Hurricane-victim relief auction goes LIVE

44 Steel desk
Desk by Jason Radcliffe of 44 Steel
Rust Dust & Other 4 Letter Words lamp table
Lamp table by Larry Fielder of Rust, Dust & Other 4 Letter Words
3 Barn Doors table for HGR Industrial Surplus hurricane-relief auction
Table by Aaron Cunningham of 3 Barn Doors

 

You can own a one-of-a-kind piece of handcrafted furniture by one of Cleveland’s premier contemporary-furniture designers AND help hurricane victims at the same time.

You can reach the auction from a button on our home page at hgrinc.com or go directly to the landing page here to read about the arts organization that will benefit from the auctions. To learn more about 44 Steel’s desk, click here. For info about Rust, Dust & Other 4 Letter Words’ lamp table, click here. For info about 3 Barn Doors, click here.

Help hurricane victims recover, and gain a conversation piece for your home or office.

One-of-a-kind pieces of furniture by local designers to be auctioned for hurricane relief

These Cleveland-area industrial/contemporary furniture designers (Jason Radcliffe, 44 Steel; Larry Fielder, Rust, Dust & Other 4 Letter Words; and Aaron Cunningham of 3 Barn Doors) visited HGR Industrial Surplus to find inspiration for a one-of-a-kind piece of furniture to be built live during Ingenuity Fest, Sept. 22-24, 2017.

The pieces are on display at HGR Industrial Surplus, 20001 Euclid Ave., and will be auctioned by HGR with all proceeds going to aid an arts organization in the Houston area to rebuild and offer programming in the aftermath of Hurricane Harvey.

A picture tells 1,000 words. Here are the “before” and “after” photos showing the items selected from HGR’s inventory and donated to the designers. The “after” pictures show the finished pieces on display in HGR’s office and how these designers took industrial surplus and repurposed it into a functional object for home or office use.

BEFORE:

44 Steel maple workbench
44 Steel: Maple-topped workbench
44 Steel positioner
44 Steel: Two positioners
Rust Dust & Other 4-Letter Words magazine dispenser
Rust, Dust & Other 4 Letter Words: Magazine dispenser
Rust Dust & Other 4-Letter Words mixer
Rust, Dust & Other 4 Letter Words: Mixer
Rust Dust & Other 4-Letter Words wrench
Rust, Dust & Other 4 Letter Words: Wrench
Foot Shear purchased by Three Barn Doors for use in HGR Industrial Surplus hurricane relief auction
Three Barn Doors: Foot shear

AFTER:

44 Steel desk
Desk by Jason Radcliffe of 44 Steel

 

Rust Dust & Other 4 Letter Words lamp table
Lamp table by Larry Fielder of Rust, Dust & Other 4 Letter Words
3 Barn Doors table for HGR Industrial Surplus hurricane-relief auction
Table by Aaron Cunningham of 3 Barn Doors

MEET THE DESIGNERS:

Jason Radcliffe of 44 Steel
Jason Radcliffe of 44 Steel
Larry Fielder of Rus, Dust & Other 4 Letter Words
Larry Fielder of Rus, Dust & Other 4 Letter Words
Aaron Cunningham of 3 Barn Doors
Aaron Cunningham of 3 Barn Doors

If you are interested in bidding on any of these pieces, from Oct. 4-13, 2017, you can click a button from our home page to see more information on each item and designer then place your bid. Winning bidders will be required to pick up the item from HGR or pay actual shipping cost.

 

Three furniture designers to do live build at Ingenuity; HGR to auction pieces for hurricane relief

Ingenuity Fest 2017

From Sept. 22-24, some folks from HGR Industrial Surplus and Jason Radcliffe of 44 Steel, Aaron Cunningham of Three Barn Doors and Larry Fielder of Rust, Dust and Other 4-Letter Words will be onsite on the second floor of Ingenuity Fest, Cleveland, finishing the live build of three pieces of contemporary, industrial-designed furniture that were started after the F*SHO, a contemporary furniture show, which was held on Sept. 15 in HGR’s 500,000-square-feet showroom.

The designers selected industrial-surplus equipment from HGR’s showroom to use in the build of the furniture. We’ll all be there Friday and Saturday evenings and Sunday afternoon. Then, the finished furniture will be displayed the week of Sept. 25 in HGR’s lobby. We will host an auction, and the highest bidders will be proud new owners of one-of-a-kind pieces. All proceeds will be donated to hurricane relief in the Houston area.

Stop by our area on the second floor at Ingenuity to learn more about HGR, if you’ve never strolled through our showroom of anything and everything that you could imagine, and watch Jason, Aaron and Larry in action. They’ll be happy to share tips and tricks with aspiring makers and designers.

We can’t wait to see the finished products!! Make sure to check HGR’s Facebook, Twitter or website, or grab a card at Ingenuity to learn how you can bid on these one-of-a-kind pieces of furniture.

HGR Industrial Surplus is hosting F*SHO on Friday, Sept. 15

This is a reminder to stop by on Friday, Sept. 15 from 5 p.m. to 10 p.m. at the back entrance of HGR’s building to check out 30 contemporary furniture designers’ work, have a beer and eat some grub provided by Noble Beast Brewing Company and SoHo Chicken + Whiskey restaurant. Everything but the furniture is free! The ninth-annual show is presented by Jason and Amanda Radcliffe of 44 Steel.

But, this year, there’s a twist: Jason Radcliffe of 44 Steel, Aaron Cunningham of 3 Barn Doors and, possibly, one other surprise designer will be picking out industrial items from HGR’s showroom the night of the show to work all week after and all weekend (Sept. 22-24) at Cleveland’s Ingenuity Festival to build their pieces of furniture. They will be delivered the week of Sept. 25 to HGR’s lobby for display. Then, that same week, we will post them on our eBay auction site that you can get to via a link on our home page at hgrinc.com. The donated furniture will be auctioned to the highest bidder, and proceeds will be donated to an arts organization in Houston to help with Hurricane Harvey relief.

The F*SHO is a win for everyone and a mighty good time! We hope to see you there. F*SHO ad

What type of employer is HGR? Q&A with HGR’s eBay Auctions Department

HGR eBay Auction Department

(Courtesy of Guest Blogger Fred Holmes, HGR’s eBay Auctions Department supervisor)

What does your department do?

eBay Auctions Department lists and sells small, high-value items with strong market demand, Our department is expected to find the hidden treasures in Deals that could easily be missed.

How many people work in your department, and what are their roles?  

Five people. We have two full-time eBay clerks who inventory; one full-time UPS shipping person; one floater/teardown person who pulls parts from machines, helps in UPS and incoming; and a supervisor who tries to find the best items, fixes problems and coordinates with the customers.

What qualifications do you need to be successful in your department?

You need to be very detail oriented, mechanical with strong typing skills and have an eye for value. We do Internet research, and you must be willing to learn every day.

What do you like most about your department?

Constant learning of different types of tech or machines and finding new items the we have never seen before.

What challenges has your department faced, and how have you overcome them?

We have a lot of challenges from eBay itself. eBay always is adapting and changing its website, and we must constantly improve to keep up with them. We have challenges with product flow and types of product, and we work together to figure out what we are selling.  The team has adapted by taking on more responsibilities, when needed.

What changes in the way your department does business have occurred in the past few years?

Very little. There have been minor adjustments to our listing styles, but, overall, it’s stayed the same.

What continuous improvement processes do you hope to implement in the future?

You can’t improve perfection! J We always are stressing the importance of accuracy and speed — always striving to be more efficient.

What is HGR’s overall environment like?

It’s a work environment that gives you the flexibility to be your best. Everyone gets part of the profits, and everyone has opportunity to better himself/herself and the company.

What is your perspective on manufacturing, surplus, investment recovery/product life cycle/equipment recycling?

It’s a valuable business for small companies to buy from and for large companies to liquidate assets. Recycling what we can’t sell is good for the environment and our natural resources.