Onsite Auctions

Auction sales conducted on company premises generally render results in sale proceeds approximately 30-50% higher than when items are removed to another selling arena. When buyers can see the plant and equipment installed and working in situ they are more confident about the purchase, and as a result more willing to buy. Removal and transport costs are passed on to buyers, lowering sales costs for the vendor.

Our experienced auction team can assist in landlord negotiations to secure the site over the auction period. Opening that line of communication between the landlord and Hymans can also ensure that all removals are completed to landlord requirements, mitigating any risk of make good claims from the landlord after the fact.

Our thorough risk assessments ensure correct safety procedure is upheld on the site. Our full project management offering takes the stress out of your disposals.

Simulcast

Simulcast sales are auctions where online and in-rooms bidders can live bid against one another. The auction is broadcast over a web-based platform which allows online bidders to compete against bidders in the room in real time.

Hymans has developed a custom simulcast system that integrates perfectly with either onsite or in-rooms auctions. The system can be run from any 4G-capable device, including desktop and notebook computers, tablets, and mobile phones, meaning we are the only truly mobile simulcast provider in Australia.

Simulcast opens up your sale to a broader range of potential buyers. This is especially important for assets located in regional or remote locations, or highly-specialised assets with a limited local market.

Online Auctions

As with our other auction methods, we select the most appropriate online sales technique depending on the asset type, market, and current industry factors. We launched our new and improved online auction system in 2015, and we also hold online sales in conjunction with our partner auction yards across Australia.

Online auctions broaden the geographical scope of the sale, opening up our asset sales to domestic and international buyers, no matter how remote the asset location.

In-Room Auctions

In-rooms auctions are often the best option for large quantities of remote assets and for assets located on high risk sites such as mines and refineries. We also undertake a number of in-rooms and event-based charity auctions every year (see our Charity page for further information). Our team of expert valuers and project managers will recommend a sales program where safety and access are

Tender Sales

Hymans recommends tenders and expressions of interest sales in cases where single or specialised assets can remain securely in situ for an extended sale period. At Hymans, we are dedicated to maximising the return to our clients, and assets sold in situ tend to yield higher results than decommissioned or removed assets.

Auction Yards

Hymans maintains strategic partnerships with auction yards across Australia, so we can arrange the recovery and removal of assets from any location to one of our secure yards with minimal notice. Each of these yards schedules weekly or monthly auctions, meaning that your assets won’t be sitting in storage for months on end before being offered for sale.