IN these uncertain times, companies adapt to the “new normal” to ensure that they continue to thrive and look for opportunities on how to safely conduct business.
United Auctioneers Inc. is no different.
Addressing the health and safety of its customers and employees remains to be the top priority of United Auctioneers as it strives to remain true to its reputation as the country’s premier industrial auction company.
United Auctioneers’ novel move to conduct a safe and convenient way to bid is an industry first. Soon, UA will be holding the first and only online live parade auction in the country.
The live online bidding for the auction will be from March 24 to 27 and the sale starts promptly at 8:30 am. To ensure that participants know what they pay for, onsite inspection is allowed from March 19 to 23, 2021 by appointment. To find out more about this auction, interested bidders are asked to go online and register at https://bit.ly/UAIMarSale2021
UA’s track record of conducting a smooth and efficient auction is reflected in the way the online bidding process will be done. Its online bidding is secured and very easy. One can use any handheld or desktop device and bid online at the comfort of their offices or homes. Over a thousand trucks, heavy equipment, pre-owned passenger vehicles, and various industrial support items will be available to address transporting, construction and industrial business needs. Just like its live action biddings, there are no minimum bids, and every item will be sold to the highest bidder on auction day regardless of price.
This no-reserve policy has been the cornerstone of UA and has proven to give the best value to its customers.
In any crisis, there are opportunities. Another new category of UA’s auction is the sale of pre-owned passenger vehicles that are mostly from repossessed units from banks. “Banks with so many pre-owned units have tied up with us for the disposal of their assets. Our auction house is open to companies who wish to sell their non-performing assets. After the March event, we will continue to have cars and SUVs in our lineup,” said UA President Rommel Sytin.
As a policy, on-site inspection will also be available to registered bidders with deposits and will be entertained on a scheduled basis due to ensure social distancing measures. Bidders are encouraged to register early to reserve a slot. In order to bid, one must register to the live event to receive a sale day catalogue and a bidder number. A refundable and deductible deposit of P250,000 is required and can be paid through online payment. This is to ensure all bidders are credible and protect the integrity of the bid results. UA suggests that for the best bidding experience, bidders should use a laptop, tablet or desktop computer with webcam connected to a reliable internet connection.
Bidders will have the convenience of the simple process of just clicking and entering the “Enter the Live Auction” link sent via email which will be sent after registration that will already allow them to view UA’s award-winning and professional auctioneers to take the floor. To bid on an item, a participant only needs to raise the Bidder Number to the camera and wait for the bid to be acknowledged by UA’s Bid Catchers. For those customers with weak connections, they can choose to bid and reach to UA through its hotlines:
0908-241-5500 (SMART), 0999-999-9997 (SMART), 0917-149-5555 (GLOBE), 0977-344-1300 (GLOBE), 0917-726-2824 (GLOBE)
Once the auction is done, a bidder needs to settle his account’s purchases and take home winning bid items during the removal period. For the meantime, UA says it will only accept online payments and removal of purchased items will be by appointment. Payment and pullout dates will be from March 29 to April 12, 2021 (Except Saturdays, Sundays and Holidays). For more information, visit https://www.uauctioneers.net/
Alvin Uy wears many hats, foremost among them being an executive for a home improvement chain and real estate developer and part of a family-owned chemical business. Aside from writing about motoring news and car reviews, he loves to write about traveling, food and wine reviews, mechanical timepieces and classic cars.