At Bid-2-Buy we are dedicated to the simple—but vital—mission of helping our clients and customers build value. When you become our client, and grant us the privilege of selling your assets, you can trust that we will do everything we can to put your mind at ease and put cash in your pocket. Across the thousands of auctions we’ve conducted over the past two decades, we have developed a set of core promises that help us uphold our mission to deliver value for our clients.
Not long ago, we worked with a client named Ellen whose husband of 29 years had recently passed away. Ellen’s husband owned a small business, and owned several vehicles, pieces of heavy equipment, and tools that he kept for personal use. Ellen’s husband handled all the paperwork. And essentially all the major assets were solely in his name. And, to make matters more complicated, Ellen’s husband hadn’t been the most organized recordkeeper, so, the important paperwork—titles, receipts, loan documents, etc.—was kind of all over the place.
Sadly, Ellen’s situation is all too common. When a loved one either loses the capacity to care for themselves, or unexpectedly passes away, on top of the emotional burden that it presents, the process of asset liquidation can also pose real complications for the beneficiaries. We have supported numerous clients through these kinds of estate transitions, and, based on our experience, we’d like to propose some steps you can take to support your family and loved ones on the road ahead.
Are you thinking about retiring and/or considering liquidating your business? It can be an overwhelming process trying to figure out how to get the best return for your valuable assets.
As you’re weighing your options about when and how to liquidate your assets, it's important to consider the uniqueness of this moment. Today’s market—with its supply-chain shortages and economic variables—has created unprecedented opportunities for sellers, especially as it relates to: construction equipment, heavy equipment, and vehicles. So, if you’re thinking about retiring and/or liquidating your business, we encourage you to get in touch with us, so we can learn more about your needs and the opportunities we can provide.
We’re here to help.