ders enough information to act, even if they can’ t see the item in person before auction day.
US Auctions, based in California, leans on decades of experience with public agencies and utility companies to move everything from construction equipment to fleet vehicles. One of the first firms in the West to simulcast on-site auctions online, the company now markets to more than 240,000 registered buyers worldwide. For sellers, that global reach means greater competition for their assets and potentially stronger prices.
Digital Tools Gain Ground
As more contractors turn to online platforms, auctioneers are adapting to meet new expectations. Ritchie Bros., one of the industry’ s largest players, has rolled out a streamlined digital checkout process for buyers. After winning a bid, buyers can now instantly access invoices, manage tax information and choose flexible payment options, including credit cards, bank transfers and financing.
The shift is not just about convenience for buyers. Sellers also benefit from Ritchie Bros.’ upgraded tools. A new“ Seller Experience” dashboard provides real-time breakdowns of deductions, timelines and payouts, removing much of the guesswork that used to accompany consignment. For contractors looking to track sales across multiple pieces of equipment, the digital statements help simplify reporting and reduce delays in payment.
www. contractorshotline. com November 14, 2025 7