Where Can I Sell Precast LADOTD Barrier Wall?
LADOTD barrier walls include all barrier walls approved by the Louisiana Department of Transportation and Development (LADOTD) for highway, bridge, and roadway projects. In Louisiana, the DOTD often uses F-shape barrier wall for road and highway projects. Because precast LADOTD barriers are durable and come in standardized sizing, they retain their value and can be uninstalled and resold to another LADOTD project.
There are six main options for selling LADOTD barriers: on a global trading platform, at auction, through an online materials seller, on a local listing site, through a broker, or on Eiffel Trading’s Online Marketplace. Here, we outline the pros and cons of each in order to help determine the best strategy for selling used LADOTD barrier wall.
Option 1: Sell your LADOTD barriers on a global goods trading platform.
Online global goods marketplaces are a popular way for sellers to reach a larger audience and sell their products around the world. However, global goods marketplaces often charge sellers a fee to list their products for sale. This fee can range up to hundreds of dollars per listing, depending on the platform and the product being sold. Additionally, most global goods marketplaces take time—sometimes days—to push new listings live. This delay often applies to sellers who don't pay extra for a membership through the platform and can be frustrating for sellers who need to sell their products quickly.
Pros: High traffic means more buyers looking for LADOTD barriers.
Cons: It often costs a fee to list your barriers for sale, and some sites will delay your listing unless you pay extra for a membership.
Option 2: Sell your LADOTD barriers to an online materials seller.
Unlike global goods marketplaces that offer a broad range of products from sellers around the world, online materials sellers focus specifically on selling construction materials to contractors and other buyers in the local area. When you work with an online materials seller to sell your LADOTD barriers, they’ll start by offering you a quote.
This quote will estimate how they’re willing to pay for your barriers based on a range of factors, including the condition of the barriers, their age, and the current market demand for LADOTD barriers in your area.
Online materials sellers typically offer quotes lower than market value for LADOTD barriers. This is because they need to turn around and resell the barriers for a profit themselves.
Pros: Often local, caters to individual sellers.
Cons: Will often pay less than market value for LADOTD barriers.
Option 3: List your LADOTD barriers on a local listing website like Craigslist, Facebook Marketplace, Offer Up or eBay.
Local listing websites such as Craigslist, eBay, Facebook Marketplace, and Offer Up allow you to connect with local buyers who are specifically looking for LADOTD barriers. Being able to work locally can simplify the process of transferring ownership of the barriers.
However, when you use a local listing website to sell your precast LADOTD barriers, you'll be responsible for handling the sale from start to finish. This includes creating the listing, communicating with potential buyers, negotiating the sale price, and facilitating the actual transfer. This can be time-consuming and can add stress, especially if you're dealing with difficult or unreliable buyers.
Another potential issue with local listing websites is that there are no mechanisms in place to handle disputes if the sale falls through or if there is an unexpected disagreement between you and the buyer. This means that if something goes wrong, you may be left without any recourse to resolve the situation.
Pros: Local listing sites put an emphasis on local sales.
Cons: You’ll be responsible for the entire sale start to finish, including the associated risks.
Option 4: Sell your LADOTD barriers at auction.
Selling your precast LADOTD barriers at auction means the auction house will handle the logistics of the sale and act as an intermediary between you and potential buyers. Selling your LADOTD barriers at auction is an easy way to hand off the materials with minimal work.
The downside of selling your LADOTD barriers at auction is that you don’t get to name your price or keep your selling rights, you’ll have to pay a selling fee, and you won’t have the benefit of selling your barriers to the most interested buyer who needs it for their project. Rather, your barriers will likely be sold to an auction attendee looking to get a good deal, who may later flip the barriers for a profit themselves. This means you’ll make a much smaller profit for your precast LADOTD barriers.
Pros: Auction houses handle the logistics and require minimal work.
Cons: You won’t be able to name your price when you sell your barriers at auction, and you will have to pay a selling fee.
Option 5: Work with a broker to sell your LADOTD barriers.
When you work with a broker to sell your precast LADOTD barriers, they provide a network of interested buyers, which they’ve worked to curate. Brokers also act as an intermediary and help handle the sale, taking much of the responsibility off your shoulders. However, some brokers have smaller selling networks when compared to online platforms, which may reduce your chances of finding a buyer willing to pay your desired price in a reasonable timeframe.
Pros: You can take advantage of a broker’s network and allow them to handle the sale.
Cons: Brokers tend to have smaller selling networks compared to online platforms.
Option 6: List your LADOTD barriers on Eiffel Trading’s online marketplace for contractors.
Listing your precast LADOTD barriers on Eiffel Trading’s online marketplace is a great way to maximize your profits for the lowest hassle. Our platform allows you to list your LADOTD barriers for free, set your price, sell for a profit, and retain your selling rights. We put your listing in front of buyers who are interested in your exact item and will help you attract potential industry buyers who are shopping for other materials and stumble upon yours in the process. This can mean a quicker sale. Listing your LADOTD barriers on our online platform requires minimal effort, and your materials will not leave your possession until the sale is complete. Unlike many other selling avenues, when you sell LADOTD barriers on Eiffel Trading, you’ll never pay a listing or commission fee.
Pros: Eiffel Trading allows you to set your price and retain your selling rights. You will never pay listing fees or commission fees. Listing your barriers is easy, and if you have questions or need assistance, we have a team standing by to help you.
Buy and Sell with Eiffel Trading
Did you know that in addition to selling used barrier wall, you can also purchase used barrier wall directly from our marketplace? Our inventory includes DOT approved barrier wall, f-shape barrier wall, k-rail barrier wall, zipper barrier wall, low profile barrier wall, and so much more.
Ready to sell your used heavy equipment or construction material? List your products today for free on Eiffel Trading’s online marketplace.
If you have any questions or would like additional information, please call us at 1-800-541-7998 or email firstname.lastname@example.org.