Auction and Private Treaty

Process Timeline

FabExchange offers online auction services specializing in used semiconductor, lab, and test equipment. Our online auctions enable the effective disposition of any fixed asset to the highest bidder globally. We provide maximum exposure for liquidating our clients’ assets in the used equipment market while offering great value and opportunities to purchase used equipment for our buyers.

Evaluation

Our proven appraisal methodology provides accurate equipment and inventory valuation.

Using past auction comparables, on-the- ground knowledge, extensive industry networking, and a thorough understanding of used equipment value, we are able to consistently deliver the most accurate equipment appraisals in the used market industry.

Pre-Auction

Prior to each auction, FabExchange develops a comprehensive marketing plan designed to build global and local interest in the listed equipment.

Our goal is to elevate the visibility of the assets in the global marketplace to ensure a successful and effective auction.

Intra-Auction

FabExchange is available to answer inquiries and oversee the process and progress of the sale while providing up-to-date information.

We ensure our sellers are protected from any unforeseen or below market bidding.

We guarantee that buyers in any time zone are given the opportunity to place bids and have their questions answered promptly.

Post-Auction

We handle order fulfillment, including buyer invoicing, collecting sales proceeds, calculating and collecting all applicable taxes and customs paperwork, equipment removal, etc. Typically, items are paid for within a week and removed from the premises within 30 days.

Upon the successful sale of the assets, our logistics department works with buyers and sellers to coordinate the smooth de-installation, packaging, and shipping of the assets to the customer.