View Full Version : Ritchie Bros. Auctioneers
Fieldman12
04-02-2007, 09:35 PM
They built one of these huge facilities not far from where my girlfriend lives. I think they bought 140 acres and it is covered with construction equipment, dump trucks, and some ag equipment. I must say it is a huge place and all the equipment that I saw driving by it looked nice. Not junk like you usually see. Some of it came from rental companys so Im sure they had somewhat of a hard life. There grand opening is April 11th and 12th I think. Anyone ever dealt with them? Anything good or bad to say about them? They have the most big construction equipment I ever saw at one place. It is a heavy equipment man's heaven. They had some Cat dozers out on a pad next to the highway that looked new. Not sure if they was painted up or what. They had a Terex dump truck out a the road on a pad also that looked new.
http://www.rbauction.com/index.jsp?OVRAW=ritchie%2520brothers&OVKEY=ritchie%2520brother&OVMTC=standard
Gravel Rat
04-02-2007, 10:10 PM
Ritchie bros started out as a very small company in Richmond B.C. back in the early 80s then over the years they grew to the largest equipment auctioneers in the world. Any time I go to the Surrey Auction site which was their first auction site I still see the founders of the company. They make big money but their roots still come back to B.C.
Mowingman
04-02-2007, 10:55 PM
Everything from good solid machines to junk at those auctions. It all looks good though, with a "Sherwin Williams overhaul". I used to buy and sell equipment at those auctions for a company I worked for. It is amazing how good a total piece of junk can look at one of those auctions.
DiyDave
04-02-2007, 10:57 PM
I have heard nothing but good about this organization. They don't let owners run up the bid on the buyers. That being said, I don't go to auctions where the auctioneer charges a buyers penalty/fee. Auctioneers are supposed to be an agent of the seller, not both the buyer and seller! If a lawyer or real estate agent did that, he/she would be brought up on ethics charges. Not saying that Richie bros is that way, just wanted to rant!:angry: :angry:
2004F550
04-02-2007, 11:06 PM
The biggest and the best for heavy equipment.
Gravel Rat
04-03-2007, 12:15 AM
I have been guilty of driving up the bid then pull out before I end up owning it :laugh:
When you go to a Ritchie Bros Auction you consider the equipment as is where is you take a gamble on buying it. Ritchie Bros cleans and paints the equipment if the customer wants it done to get a better price. Its amazing how a 5 gallon rebuild makes people buy worn out junk :cool2:
I have been going to Ritchie Bros Auctions with Dad for years about 20 years and dad has been going for 25 years or more.
zedosix
04-03-2007, 09:13 AM
People get carried away at auctions, and spend too much. Thats my theory anyway. I was in Orlando this March and could not believe how much equipment was at that auction. Heard they sold 175 million in machinery.
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