Why Shouldn’t I Sell Used FDOT Barrier Wall at Auction?
We don’t recommend selling your used FDOT barrier wall at auction. This is because auctions come with limitations that often lead to lower profits.
• Auctions don't allow you to set the price for used FDOT barriers, which can lead to lower profits than if you sold the barriers directly to the consumer.
• Auctions don't allow you to retain your selling rights and may limit your audience, making it harder to find a buyer willing to pay your desired price.
• Auctions often charge a listing fee, which cuts into your profits.
• Auctions are not built to attract the most interested buyers for your FDOT barriers.
At Eiffel Trading, our website is tailored to attract buyers specifically looking for used FDOT barriers. This increases the chances of finding a buyer willing to pay a fair price. Though first-time sellers may be unsure about a direct buyer-to-seller approach, Eiffel Trading’s online marketplace makes selling your FDOT barrier wall easy, low risk and hassle free.
Here, we cover some of the main reasons why you shouldn’t sell your used FDOT barrier wall at auction, and why you should consider listing your barriers on Eiffel Trading’s online marketplace instead.
1. Auctions don’t allow you to name your price for used FDOT barriers.
In unreserved auctions, items are awarded to the highest bidder, even if the bidder’s offer is unreasonably low. Selling at auction can therefore be risky, especially if you're selling expensive equipment such as FDOT barriers. Moreover, if a low bidder wins the auction, there's no option to undo the sale, and you'll have no choice but to proceed with the transaction.
2. Auctions don’t allow you to maintain your FDOT barrier selling rights.
If you decide to sell your used FDOT barrier wall through an auction, you’ll miss out on the chance to promote it to a larger audience. In unreserved auctions, this reduces the chance of finding a buyer who is willing to pay your desired price, as the overall number of potential buyers will be smaller. In reserved auctions, it could take much longer than anticipated for your FDOT barrier wall to attract a buyer who is willing to pay your minimum price due to the limited number of buyers participating. In either scenario, you could have kept your selling rights by offering your used FDOT barrier wall for sale directly to the consumer on a broader marketplace.
3. Auctions charge a listing fee for FDOT barriers.
To overcome some of the challenges presented by small auctions, some sellers choose to participate in well-known online auctions. Nonetheless, popular online auctions usually impose fees for listing FDOT barrier walls, which cuts into your profit. Many sellers pay this listing fee because they don’t realize there are alternative methods, such as listing your barriers on an online marketplace. If you choose to list your precast FDOT barrier wall with Eiffel Trading, you can avoid paying listing fees altogether.
4. Auctions don’t promote FDOT barriers to the most interested buyers.
If you sell your FDOT barrier wall at auction, it’s unlikely the barrier will go to the buyer who needs it for their project and is therefore willing to pay your desired price. Rather, your FDOT barrier wall will be sold to an auction attendee who is hunting for a good deal on material, and who plans to later flip their purchases for a profit themselves.
At Eiffel Trading, we tailor our website to attract buyers specifically searching for FDOT barrier walls. This means you can earn a greater profit from your FDOT barrier wall system, as potential buyers who match with your equipment have a genuine need for what you're selling and is willing to pay a fair price. 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
Eiffel Trading’s online marketplace is a one-stop-shop for your precast barrier wall needs. Our inventory not only includes DOT-specific barrier wall, but also used k-rail barrier wall, used f-shape barrier wall, used low profile barrier wall, used jersey barrier wall, and 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 email@example.com.