Selling : Contract Types

MEGA Auctions offers several contract options for sellers, with various degrees of risk and reward. It’s important to understand the differences and weigh the pros and cons to decide what’s right for you. Here are our most popular contract options:

Commission: A traditional arrangement where you pay a commission on the total sales. The sale expenses are deducted from the proceeds.

Minimum Guarantee: A shared-risk format. We guarantee a minimum amount you’ll receive from your auction, and then split the proceeds that are achieved greater than the guaranteed amount.

Cash Purchase: MEGA Auctions assumes all risks of the sale. We evaluate your assets up front and pay you a negotiated amount before the sale.

Private Negotiated Sale: We can conduct a privately negotiated sale either with or without time-specific deadlines. The sale is personally managed by a MEGA Auctions account executive who acts as the agent between the buyer and the seller, allowing both parties to mutually agree on a price. The executive also arranges preview, inspection, and postsale dismantling and removal of equipment.

Product Lines and Intangible Assets: We can sell your entire manufacturing and / or service business at auction, including any and all intangible assets, such as:

BRAND NAMES
DIES / MOLDS / DESIGNS
WEB SITES
PHONE NUMBERS
CUSTOMER LISTS

The business or business assets can be sold in any configuration deemed most desirable by the owner and auctioneer.

No matter which contract type you choose, MEGA Auctions provides the same great service from start to finish.