Business
Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders
Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidder...
About this update from Rb Global, Inc.
[{"type":"text","content":"\n \n \n \n Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n 17,000+ online bidders registered for the three-day, CA$53+ million auction last week\n \n \n \n EDMONTON, AB\n \n ,\n \n March 1, 2021\n \n /CNW/ -\n \n Ritchie Bros\n \n . drove strong results for consignors with its first big Canadian auction of the year, selling 5,100+ equipment items and trucks in\n \n Edmonton, AB\n \n for CA$53+ million (US$42+ million) last week. The three-day, online auction attracted more than 17,000 bidders from 66 countries, which is up 50% from the\n \n February 2020\n \n event.\n \n \n \"We drove record demand in\n \n Edmonton\n \n last year, registering more than 100,000 bidders through six auctions, and it continues in 2021 with a 50% increase in bidders year over year for this event alone,\" said\n \n Trent Vandenberghe\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"Leading up to and during the auction we safely welcomed thousands of bidders onsite to inspect items they were interested in. Then they would drive to their home or office to bid from their laptop or phone. This hybrid-style auction, with equipment onsite and 100% of bidding online, provides safety and results. Buyers love the quality of the equipment; they just want more—now is a great time to sell.\"\n \n \n The\n \n February 23\n \n – 25, 2021 auction set new online demand records for the February Edmonton auction, including new records for online page views (1.7+ million and up 55% YOY), watchlist adds (103,200+ and up 75% YOY), and PriorityBids (11,300+).\n \n \n \"\n \n Ritchie Bros\n \n . is the easiest way to sell equipment,\" said consignor\n \n Mark Oleksyn\n \n , Chief Operating Officer for Mill Creek Sand & Gravel, based in\n \n Redwater, AB\n \n . \"We've been buying and selling with\n \n Ritchie Bros\n \n . for 20 years. They provide excellent service, are extremely knowledgeable, and will get you the best prices for your equipment. It's that s...