Liquidity Services – MDNA Online Auction Partner – 2016 2nd sale Announcement

MDNA/Industrial Manufacturing Equipment Market Sale 2 for 2016 is coming soon.  As previously communicated,  the MDNA has partnered with Liquidity Services to provide aLiquidityLogo free online auction program exclusively for MDNA members.  List your own assets, set reserves if necessary; Liquidity Services will market the sale, invoice and collect the proceeds and send you a check/wire. Best of all, there is 0% seller commission to members who choose to participate!

Changes this year:

  • Auction sales will be held on both the GL and GoIndustry website
  • You will be able to list start prices for each lot
  • Reserves will need to be removed or lowered by 25-50% if asset remains unsold after 2 sales

ALL ASSETS UNDER $5,000 to be sold ABSOLUTE (no reserve), must be priced to sell

Sale #2:   Closing on 6/23/16  – START LISTING ASSETS NOW FOR THIS SALE AND UPCOMING GOVERNMENT LIQUIDATION SALES

Sale #3:   Closing on 9/21/16

Sale #4:   Closing on 12/08/16

Each event will be a combination of assets from MDNA members along with high quality inventory from our corporate clients including Caterpillar, Celestica, Eaton, Honeywell, Orbital, Lockheed Martin, Parker Hannifin, Intel, and many more.

Timeline for the 2nd 2016 Go-Dove Industrial Manufacturing Marketplace Sale is as follows:

  • Member assets submission deadline  June 1 (Start listing now, you can pull assets up to June 10)
  • Catalog review week of June 6th Sale go live date June 10th (No Assets can be listed or pulled after this date)
  • Inspection by appointment up until sale close
  • Sale Close Date June 23rd
  • Buyer Payment collection by Liquidity Services in the following 72 hours
  • Buyer asset removal by appointment June 27th – July 14th(coordinated between buyer and seller)
  • Ship confirm notification received before July 1st will be paid to the member week of July 15th
  • Ship confirm received before July 15th will be paid by July 30th (Or sooner if ship confirmation returned promptly)

For additional details on these sales and to begin listing your own assets into the upcoming events, please contact:

Jim Spencer, Liquidity Services, (248) 508-1684/ james.spencer@liquidityservices.com

Questions regarding this great new MDNA member benefit and other valuable benefits can be directed to: Mark Robinson , MDNA/ 703-836-9300/ office@mdna.org