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
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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.

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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

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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

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Absolute Auction Contract To Be Signed By Lawful Owner

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All Items Approved By Auction Company Representative

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Sellers to Maintain Insurance While Under Contract With Auctioneer Until Settlement Is Made

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Sellers To Furnish Clear Title to All Items

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50.00 Seller Title Fee

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No Buy-Backs, No-Buy-Bidding, No Minimum Price Protection

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All Items To Be Delivered, Tagged and Cataloged Four (4) Days Prior to Auction Date

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Online Bidding Available

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NO SELLERS COMMISSION (0% COMMISSION)

Buyers Terms at ProTEAM™ Auction

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All Items Paid In Full Sale Day

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Must Have All Paid Tickets Before Items Are Removed From Yard

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Buyers To Self Insure While On Auction Site

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Sales Tax Will Be Charged On All Items When Applicable

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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
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.

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

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Otherwise, you are subject to Tennessee State Sales Tax of 9.75% under the Tennessee Sales & Use Tax Regulations When Applicable

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10% Buyers Premium Will Be Added To Each Purchase

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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.

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Bankruptcy

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Loan Collateral

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Divorce

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Estate Tax

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Insurance

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Charitable Deduction

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Gift Tax

Pro Team Auction Company is a CAGA Certified Appraiser

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