Member of the Auctioneers & Valuers Association (AVAA - Corporate Member) company profile and services information
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1 Member of the Auctioneers & Valuers Association (AVAA - Corporate Member) company profile and services information
2 Bid Buy Sold Auctions was founded in 2006 by Brad Ballantine. This was an extremely important transitional time in the auction industry, with most auction companies closing down their live auction facilities and moving their operations to an online only format. This industry shift towards online only auctions left a huge void in the market place, especially with assets which do not sell successfully online. There was a huge volume of consumers who regularly attended traditional live public auctions, and they were discarded or left behind if they did not wish to participate in online auctions. It was stated by many major competitors that traditional live auctions were no longer viable, and Bid Buy Sold have proven the industry wrong time and time again. Bid Buy Sold also have the knowledge, staff and facilities to market and sell goods online when the asset is deemed more suitable to do so. Bid Buy Sold Auctions are attended by hundreds of buyers and are promoted to the highest possible level. GENERAL PROFILE AND COMPANY INFORMATION DEDICATED LIVE PUBLIC MONTHLY AUCTIONS 2 X MONDAY CATERING & HOSPITALITY EQUIPMENT, GROCERIES & CONSUMABLE AUCTIONS 2 X SUNDAY HOMEMAKERS/ RENOVATORS AUCTIONS 4 X TUESDAY COMPUTERS, MOBILE PHONES & OFFICE EQUIPMENT AUCTIONS 4 X THURSDAY GENERAL AUCTIONS MANY PRODUCTS CANNOT BE SOLD ONLINE THERE IS A STRONG AND CONTINUING DEMAND FOR TRADITIONAL AUCTIONS. Bid Buy Sold s traditional auctions provide a marketplace and an opportunity for a large percentage of the market that do not participate in Online Auctions for the following reasons. A majority of buyers don t have the confidence given the amount of online fraud. It is a lot harder to buy some goods online and photos sometimes don t show the true value of the goods. At live auction there is greater access to a larger ranger of items which can be bought in one day without the added costs of expensive online freight charges. Large items bought online generate expensive freight charges which add extra costs to the initial purchase price of the goods. A large percentage of buyers don t have the same confidence bidding online as they do at live auction they can see who they are bidding against at a live auction. Damaged goods, factory seconds, returned stock, furniture and household items need to be well inspected and assessed before purchase. A large percentage of the market, still enjoy the thrill and excitement of bidding at a live auction this strong competition generates higher returns for our vendors. Online Auctions in most circumstances attract freight charges for every item and in some cases, higher buyers premiums greatly reduces the vendors returns. Bid Buy Sold Specialises in: Major Insurance Claims (Fire & Flood) Surplus Stock Company closures & buyouts Importers clearances Retail Outlet Closures Liquidation assets Transit Damaged Stock Discontinued product lines 3
3 Bid Buy Sold - The Partners Brad Ballantine - Managing Director Ben Coleman General Manager Brad has been in the Auction Industry for over 25 years, working for numerous top tier firms. Brad is well known in the industry for his vast product knowledge, and in the marketing and sale of these products. An innovative marketer, Brad has repeatedly changed promotional and advertising systems in keeping with an evolving and ever changing marketplace, ensuring the best possible return to all of his clients. Brad is a gifted auctioneer who controls the crowd and sets the tone for each auction, and creates a real live atmosphere and competitive buzz amongst even the most static crowd of potential buyers. Ben has been in the industry for over 15 years, working for numerous small and top tier firms. Ben has a reputation as being one of Australia s most aggressive and skilled auctioneers, along with being well known for his skills in achieving the best price for his clients. Ben is also well known for his experience and prowess in co-ordinating the set up of in rooms and onsite auctions, along with marketing and advertising these sales. Ben is a fully qualified valuer experienced across all industry and product areas. Brad is also a fully qualified valuer, experienced across all industry and product areas. 5
4 Bid Buy Sold - Valuations Join Our Growing List of Successful Business Relationships Specialist Valuers Retail & Importers Stock Hardware, Power tools, Machinery Household Furniture Clothing, Shoes & Fashion Accessories Industrial Plant & Machinery Electrical Items & Appliances Computers & Office Equipment Catering & Hospitality Equipment Ben Coleman AVAA Certified Practising Valuer & Auctioneer AVAA Valuer Member Number: 459 AVAA Auctioneer Member Number: 354 Valuation Charge Out Rate: $250 plus GST per hour Brad Ballantine AVAA Certified Practising Valuer & Auctioneer AVAA Valuer Member Number: 308 AVAA Auctioneer Member Number: 269 Valuation charge out rate: $250 plus GST per hour Insurance Stock Buyouts Company Closures Financial Matters Relocation Asset Management Administration Administration and office charge out rate: $85 plus GST per hour For the purpose of: Bid Buy Sold provide a wide range of services to a huge number of businesses including: All major Australian Insurance Companies Several International Insurance Companies Australia s leading loss adjusters Several Liquidation Companies Leasing, Finance & Asset Management Firms Major Banks Government Departments Retailers & Distributors Major Transport & Warehousing Companies Major Appliance & Computer Companies Australia s Largest Supermarkets Manufacturers in all product areas For a confidential discussion on how Bid Buy Sold can assist your business, please contact: Ben Coleman Mobile: ben@bidbuysold.com.au Brad Ballantine Mobile: brad@bidbuysold.com.au 7
5 Furniture & Bedding Computers & Laptops Appliances TVs & Electricals Wine / Beer / Spirits Catering Equipment Tools & Hardware General Merchandise Retail Stock Lines Groceries & Food Stock Machinery Boats & Motorbikes bidbuysold.com.au Auction Complex & Head Office Address: 66 Christina Road, Villawood, NSW, 2163 Fx:
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