Ritchie Bros. Houston Online Auction Brings More than US$48 Million

A record 12,250+ bidders from 66 countries registered for the Aug. 24 – 26 online auction Ritchie Bros.' most recent online auction in Houston, Texas, from Aug. 26-26, sold more than US$48 million. The auction attracted more than 12,250 bidders from 66 countries. About 88% of the equipment was sold to U.S. buyers, including 40% sold to Texans, while the remaining 12% was bought by international buyers from as far away as Australia, Israel, and Peru. Leading up to the auction, Ritchie Bros. saw a 26% increase in online equipment views per lot, while item watchlists were up 14%. "We continue to drive strong prices in 2021 across nearly every single asset category, exceeding customer expectations, and resulting in a lot of satisfied consignors," said Alan McVicker, regional sales manager, Ritchie Bros. "Now is a great time to sell and we have a ton of opportunities, including our weekly featured IronPlanet events and Marketplace-E. Five Big Sellers From Houston: • 2014 Tadano ATF70G-4 75-ton 8x8x8 all terrain crane – US$405,000 • 2016 Soilmec SR30 crawler drill – US$255,000 • 2017 Volvo L180H wheel loader – US$160,000 • 2014 Caterpillar 336EL hydraulic excavator – US$132,500 • 2019 Freightliner Coronado 122 day-cab T/A truck tractor – US$120,000