Our Services
Buy – Sell/Consign & Appraisal
NO MINIMUMS * NO RESERVES *
Every Item is sold to the Highest Bidder- ProTEAM™Auction
Buying at ProTEAM™ Auction
Once you have received a bidder number, you will be ready to bid on auction day. An online bidder number will be different than on the ground.
If you win an item, you must settle on the same day of the auction or if you are an online bidder, you will receive an invoice the following morning with the email you registered with with an invoice and wiring instructions attached
Payment is as follows: Cash, Check (Personal or Company only when accompanied with a Bank Letter Guarantee) Cashier’s Check or Bank Wire. Make Checks Payable to ProTEAM Auction™ or if you wish you send a bank wire, contact auction company for instructions
This Only Applies To Absolute Auction Consignments
- Selling For: Contractors, Rental & Leasing Companies, Lending Institutes, Farmers, Dealers & Others
- Absolute Auction Contract To Be Signed By Lawful Owner
- All Items Approved By Auction Company Representative
- Sellers to Maintain Insurance While Under Contract With Auctioneer Until Settlement Is Made
- Sellers To Furnish Clear Title to All Items
- 50.00 Seller Title Fee
- No Buy-Backs, No-Buy-Bidding, No Minimum Price Protection
- All Items To Be Delivered, Tagged and Cataloged Four (4) Days Prior to Auction Date
- Online Bidding Available
- NO SELLERS COMMISSION (0% COMMISSION)
- Learn More
Buyers Terms at ProTEAM™ Auction
- All Items Paid In Full Sale Day
- Must Have All Paid Tickets Before Items Are Removed From Yard
- Buyers To Self Insure While On Auction Site
- Sales Tax Will Be Charged On All Items When Applicable
- Sales Tax Exemption only with Resale Certificate or Tennessee Agriculture Exemption Card Or Bill Of Lading
- Otherwise, you are subject to Tennessee State Sales Tax of 9.75% under the Tennessee Sales & Use Tax Regulations When Applicable=
- 10% Buyers Premium Will Be Added To Each Purchase
- An Additional 2% Will Be Charged To All Online Bidders (12%)
- Bidding Platform
ProTEAM™ Auction’s Appraisal Service
As Members of the Certified Appraisers Guild Of America, we are able to conduct a detailed appraisal report for all of your personal property needs. Whether you are an Individual, Bank, Lender, Attorney, Executor of an Estate, or part of a Corporation, we are able to execute a fast and reliable certified document of appraisal. We specialize in Construction Equipment, Farm Equipment, Industrial Assets, Personal Property (Motorcycles, Boats, Motor Homes, etc…) Trucks & Trailers.
We will provide you a detailed report including, Owner Information, Third Party Information (if any) Appraised Items in Detail with either a Fair Market Value, In-Plant Liquidation, Liquidation Value, or Replacement Cost. In this report, we will analyze the market in which appraisal is conducted, the condition of the property and the marketability if the need to sell arises.
- Bankruptcy
- Loan Collateral
- Divorce
- Estate Tax
- Insurance
- Charitable Deduction
- Gift Tax
- ProTEAM™ Auction Company is a CAGA Certified Appraiser