LiquiTec works with our client to identify surplus or non-strategic assets to sell.

We provide recommendations on the best way to bundle, or group, assets to maximize value.

Our sister company, AccuVal, can be independently engaged to determine the expected return from the sale.

Assets are prepared for sale.

Sellers either provide descriptions and photographs of each lot or LiquiTec sends our field service crew to gather the sale information for the website.

Sellers determine what minimum prices will be accepted in the sale, if applicable.

Once this sale information is collected, the sale is set up online with an easily navigable lot catalog to guide bidders.

LiquiTec researches the market and devises a targeted strategy to promote the sale and drive traffic to the sale. Our approach is always multi-faceted and may include e-mail campaigns, website advertising, industry newsletters, banner advertising, print advertising, direct mail, newspaper advertising, telemarketing, press releases, radio or television.

Once the strategy is approved, our team rapidly deploys the various facets, preparing creative advertising campaigns that are engaging, straight-forward and action-oriented, creating demand for the assets.

The impact of the advertising is monitored real-time and is modified, as needed, to ensure it maintains effectiveness.

Whenever possible, assets are made available for physical inspection. Depending on the client’s preference, viewing of assets may be by appointment only or specified for certain dates.

It is at this time that interested parties should complete their due diligence and satisfy any questions they have about the assets being sold since they are being offered “as is, where is.” Questions can be asked during the inspection or emailed to LiquiTec.

Registration is free and easy. All bidders must register and agree to all Terms of Sale to participate in the sale.

Some lots may require a deposit be placed prior to bidding. When required, the refundable deposit serves to confirm the financial ability and intent of the bidder to complete the transaction.

Buyers may make an offer to LiquiTec at any time during the orderly liquidation. Offers on most assets can be submitted verbally (along with a signed bid submission document agreeing to the Terms of Sale) and, if the offer is accepted, LiquiTec will (at a minimum) require a 25% non-refundable deposit to be applied against the full purchase price of the assets. Often, payment in full for the asset is required within 24-hours.

The successful purchaser will be emailed an invoice with buyer’s premium and tax added to the sale price, when applicable. Full payment is typically required to be received within 24 hours of the buyer being notified that their offer has been accepted. LiquiTec accepts payment by wire transfer, MasterCard, Visa, cash and, in some cases, a company check accompanied by a bank letter of guarantee. Example of bank letter of guarantee >

Example of bank letter of guarantee

(must be drawn on a U.S. bank and written on bank letterhead): (Name of bank) guarantees payment to LiquiTec Industries, Incorporated from (name on account)’s account #____________ up to the amount of $____________. This letter is valid for purchases made at the sale of (name of sale) on (date of sale).

Once full payment has been confirmed, the purchases may be removed. Please read the removal terms carefully as they vary by sale, but usually buyers must make their own arrangements to remove the purchases within a specified timeframe at their own expense.