Our Services
Buy – Sell/Consign & Appraisal
NO MINIMUMS * NO RESERVES *
Every Item is sold to the Highest Bidder- ProTEAM™Auction
Buying Process at ProTEAM™ Auction
Register to Bid
- Online/Mobile: www.Proxibid.com
- In Person: Onsite the day before the auction or the morning of the auction. Please bring your drivers license for registration
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 The 12th Annual 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)
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
For Tax Exemptions, if you are a Dealer
- Fax a copy of your business’s Resale Certificate OR Dealer’s Tax Exemption Form to (865) 674-0727 or email it to proteam@proteambid.com Reference your Buyers Number
- Goto https://www.tn.gov/content/dam/tn/revenue/documents/forms/sales/sst_exemptioncertificate.pdf and send completed Form
For Tax Exemptions, if you are a Farmer
- You must provide your Tennessee Agricultural Exemption Card at time of purchase or fax to (865) 674-0727 or Email to proteam@proteambid.com. We cannot accept a Famers Card from any other state.
- You may also register for this at https://www.tn.gov/content/dam/tn/revenue/documents/forms/sales/f1308401.pdf
If you are an Exporter
You must hire a Common Carrier to remove your equipment and have them supply ProTEAM Auction™ with a 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%)
ProTEAMTM 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
Pro Team Auction Company is a CAGA Certified Appraiser
Get in touch
Inquiries
Join Our E-Newsletter
Subscribe