What's your Equipment Worth in Today's Market
By Renée Lauzon-Martin - General Manager, HDD Broker LLC - August 14, 2024
The Used Marketplace has changed dramatically in the last few years. It's time to change how you sell your HDD equipment.
Do you want to sell your equipment fast and not leave any money on the table?
How do you do that in today's ever-changing used market? What worked a few years ago will not work today; it's time to change the selling strategy, and we are here to help!
With hundreds of drills available for sale now, it's crucial that your equipment stands out to the maximum number of potential buyers.
Two Essential Things You Need to Sell your Equipment Fast:
- Marketing Assets: An eye-catching listing starts with great photos, videos and a detailed description. Learn more about it here.
- Strategic Pricing: When inventory was scarce, it was common practice to price equipment far above fair market value and wait for offers. In today's market, high prices simply scare people away; there are too many other choices and most buyers will scroll past overpriced equipment. The inventory has begun to normalize, and prices are changing constantly, so accurately assessing your equipment is key to selling it fast.
Not sure where to start? We can help! Request an appraisal here, or call us today and let our experienced and knowledgeable Equipment Specialists evaluate your equipment for today's market.
This commentary is presented for informational purposes only. It is not intended to be a comprehensive or detailed statement on any subject and no representations or warranties, express or implied, are made as to its accuracy, timeliness or completeness. Nothing in this commentary is intended to provide financial, legal, accounting or tax advice nor should it be relied upon. Neither HDD Broker LLC nor the author is liable whatsoever for any loss or damage caused by, or resulting from, any use of or any inaccuracies, errors or omissions in the information provided.