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Post by D

Jordan Sterling is new trade association coordinator

Wed., Aug. 28, 2013 - 9 pm | David Brotton

We are pleased to announce that Jordan Sterling has been named as the new trade association coordinator. In his new role, Jordan will be managing Purple Wave’s relationships and year-round activities with various trade associations. With Jordan’s experience in customer service and development, he is well positioned for his new role.

We are excited to be able to utilize Jordan’s skill set to further develop and support our trade association memberships and to help our customers who buy and sell equipment with Purple Wave.

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press release

Purple Wave named to Inc. 5000 four years in a row

Mon., Aug. 26, 2013 - 10 pm | press release

Inc. Magazine ranked Purple Wave no. 3579 on its seventh annual Inc. 5000, an exclusive ranking of the fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. The company was honored for achieving 85 percent growth and currently employs more than 81 people in nine central states.

Founded in 2000, Purple Wave focuses exclusively on selling construction and ag equipment for businesses and public institutions. Purple Wave now boasts the largest community of registered equipment bidders in the no-reserve, Internet auction business, with over 100,000 registered bidders and over 250,000 visitors each month to purplewave.com.

Purple Wave conducts auctions on the Internet without losing the auction experience. The auctions are all no-reserve, meaning only arms-length bidders set the prices and assets always sell. Sellers receive market values they can trust and benefit from a full-service experience, without the worry of bad weather or event logistics.

Inc. 5000 companies are distinguished for spurring innovation, providing jobs, and driving the economy forward. Purple Wave is one of 38 Kansas businesses recognized in 2013. Two other Manhattan, Kan., companies are recognized, including CivicPlus and GTM Sportswear. Additional Kansas companies include Freddy’s Frozen Custard and SafeMart.

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Post by A

September 19 Louks Construction retirement auction

Fri., Aug. 16, 2013 - 11 am | Aaron Traffas, CAI, ATS, CES

Louks Construction equipment

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Aaron Traffas: Hello and welcome to Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting a retirement auction of construction equipment for Louks Construction of Mantorville, Minn., that will close on September 19. I’m speaking this morning with Rodney Louks about this event. Good morning, Mr. Louks, and thanks for joining me.

Rodney Louks: Thank you.

AT: Tell me about Louks Construction. How did you get started and how long have you been in business?

RL: My father started the business back in 1965, pretty much on his own with some help from his brothers. It just continued to grow from there until he decided to retire at this time.

What kinds of projects have you handled in the past and what areas have you served?

We worked all over the state of Minnesota, in Wisconsin and into Iowa. We’re basically an underground telephone contractor. The majority of our work – we have done some underground power. We have done all sizes of jobs – some large jobs that were 300 miles to the small half-mile job. There’s never been a preference. We just continued to grow the business and do the best work that we could.

This event is billed as a retirement auction for your father, Richard. Tell me about that decision. Was it driven by anything specific or has it been a while in coming?

Oh, it’s been a while in coming. My father is now 75 years old, and it just came to a point where me and him decided it was just the best to retire. Being up there in age, it’s hard to continue a business and deal with everything that goes on from the day-to-day aspects of it.

1995 Case 9010B excavator

1995 Case 9010B excavator

Well that’s certainly a big decision, as is the selection of an auction firm. Why was it that you chose Purple Wave?

I read about Purple Wave on an article on AgTalk. It had some really good reviews that I read on there. People liked it, so then I did a little research on my own. When I met with John, I thought he was very well informed and understood what we were trying to accomplish. And, yet, there was an ease of it, of being able to set everything up without having to promote our product and our equipment and, I guess, it was done easily.

As we record this morning, we are a little over a month away, and I see almost 80 items listed at purplewave.com. Are there more items coming?

There are more items coming. There are trucks and trailers that will be added on, and that should be the final product. The trucks and the trailers will be the final listing.

Tell me about some of the different types of equipment we’ll be selling.

We’re selling rubber-tired backhoes, trackhoes – on the smaller side, 20,000 lb. machines and less. The trucks, basically, are Fords – 2-ton trucks. The trailers are all Tow Master trailers, to a certain extent.

That would you consider to be some of the marquee items in the auction?

We’ve got a 9010 Case trackhoe on there that we basically used when we were doing some digging during trench projects where we needed a three-foot-wide trench in development area. That machine only has 400-and-some hours on it. It’s just like brand new. There’s a Terex TC50 mid-sized excavator that has approximately 400 hours on it. If you take a look at the equipment – it was maintained, it was always shedded, it was never left to sit outside and it’s in excellent condition.

Case D475 crawler plow

Case D475 crawler plow

It sounds like you took really good care of everything. Has it all been well maintained?

Yes. Yes, the equipment has been very well maintained. Everything was done ourselves. Oil changes on the equipment were usually done every 100 hours. On our trucks, we basically changed oil and serviced every 2000 miles. I’m pretty proud of that fact that we’ve never had a motor failure or a transmission or anything of that sort on any of our trucks or equipment. No major items have ever been replaced. It’s always been maybe hoses or rubbing lines or something like that. Basically we did all the maintenance ourselves. None of our equipment was ever taken to a shop for major breakdown.

Is everything located there in Mantorville?

Yes, it is. Everything is located here at our site.

Tell me about the site. Is it easy to get to and is there good access?

Yes. We’re two blocks off Highway 57, just north of the actual main street of Mantorville three blocks. As you turn and go east on Eighth Street you just come to a big, red gate and right straight ahead is a stop sign and right straight ahead is our driveway.

We always recommend that a buyer takes a look at everything before placing any bids. To that end, we have an open inspection scheduled for Saturday, September 14, from 9 a.m. to 4 p.m. Anyone can swing by during that time and take a look at the equipment. If that day and time doesn’t work for someone, what does he or she need to do to make a special appointment to look at something?

I am available, if a person wants to come and look, by making contact with me. Even if I can’t be there, I can just set up a time because there are some dogs on the property and it’s kind of nice if somebody, if they could, let us know that they’re coming so we can take care of the dogs and put them away.

New Holland LB110 backhoe

New Holland LB110 backhoe

Tell me about pickup arrangements. After the auction, once payment has been made to Purple Wave and a buyer has receipt in hand, what does he or she need to do to come in and pick up the assets?

We will help load or whatever we can with what we have here. We do not have a loading dock. That is one little, minor downfall, so those arrangements have to be made if something needs to be put on a dock. Anything that we can help load or lift we will gladly help do.

Will you have a forklift or loader there of some kind that can help put something heavy on a trailer?

Yes. Yes, just make arrangements and my father would be more than happy to help them load stuff up.

How soon does everything need to be removed?

I would like stuff to be removed approximately by two weeks after the auction. That’s kind of flexible – we can make things work.

So communication is key, and the take-home is within 48 hours of the auction they need to let you know what their plans are and you will be fairly accommodating.

Yes, exactly.

2010 Terex TC50 compact excavator

2010 Terex TC50 compact excavator

Rodney, what does the future hold now for you and your father now that you’re out of the business?

I have continued my career by going to work for MP Nexlevel. I’m very happy with that so far. My father has plenty of mowing and chores to do around the house so that always keeps him busy.

Rodney, is there anything else you want to say about the auction?

If anybody has any questions about anything that’s there for sale, I’ll give them a straightforward, honest answer. Like I said, I’m proud of what we have.

I’ve been speaking with Rodney Louks about the Louks Construction retirement auction. Thanks again, Rodney, for visiting with me this morning.

Thank you.

Bidding for the Louks Construction retirement auction is open now and will close on Thursday, September 19, beginning at 10 a.m. central. If you have questions about any of the assets listed, or you’d like to schedule an inspection before the auction, contact Rodney Louks at ralouks@gmail.com – that’s r a l o u k s@gmail.com – or call 507.951.1335.

Like all Purple Wave auctions, there are no reserves or minimum bids. Items receiving bids in the last few minutes will be automatically extended to give everyone a fair chance to bid. There’s no advantage to waiting, so view the complete inventory listing – and place your bids now – at purplewave.com.

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Post by A

August 28 Lindsey Implement retirement auction

Tue., Aug. 13, 2013 - 3 pm | Aaron Traffas, CAI, ATS, CES

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Aaron Traffas: Hello and welcome to Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting a retirement auction of farm equipment for Lindsey Implement of Williston, N.D., that will close on August 28. I’m speaking this morning with Gary Lindsey about this event. Good morning, Mr. Lindsey, and thanks for joining me.

Gary Lindsey: Thank you.

AT: This was Lindsey Implement’s 23 year. Tell me how you got started those many years ago.

GL: Well, I worked for the previous Allis-Chalmers dealer for 10 years before. As he closed, I found the opportunity to open up. I applied for the franchise and got it, and started out in 1990 with two employees and myself and we started the business.

As your business grew, I understand you found yourself with quite a significant sales volume. Tell me how much you were selling and what kind of area you served.

Gary Lindsey

Gary Lindsey

Well we had about a 150-mile radius. Throughout the years we were one of the top volume dealers in North America for Gleaner. At one time, we were number one in North America in sales. Throughout the years, our customer base grew enough where we had significant combine sales and pretty much saturated this part of the country with Gleaners.

Was it predominantly Gleaner? What other AGCO lines did you sell?

We sold tractors. We sold pretty much all of the AGCO line. In the last couple years we just got in to the Massey. Gleaner was the number one for us in this wheat area here. Gleaner was accepted very well.

What were the challenges you faced that caused you to decide to close the doors?

Well, through the years, all the companies started where they wanted multiple store locations. The writing was on the wall where we were going to get pushed into a either-get-big-or-get-out-type situation. We’d seen the opportunity with the oil boom up here to sell our land – that our dealership was getting totally surrounded by oil companies and such. There wasn’t a good place any more for a dealership. At that time we had plans of building new and carrying on with the dealership, but that wasn’t in the company’s future plans. We’d seen the writing on the wall and decided it’s time to let things go.

That decision could not have been easy, nor the decision of selecting someone to help you sell the rest of your equipment. Why did you elect to partner with Purple Wave?

2001 Gleaner R62 combine

2001 Gleaner R62 combine

Well, I was approached by Philip, your sales rep, and he did a good job selling your auction business to me. I previously sold some items on TractorHouse. I’d looked from time to time on your website and it’s impressive. I just hope the sale goes as well as I want it to, but you never know on an auction. Your field personnel did a good job, so I was impressed with that.

Well, Gary, roughly 60 of the over 200 pieces in this auction are yours. Tell me about the different types of equipment you’ll be selling.

Well, most of my items are – they’re all rotary combines. They are anywhere from the later model 62s, 72s and later Masseys. A lot of the headers are the newer series. They’re all local machines. They came from this area. They came out of the wheat area where the wear factor isn’t a big item. We’ve found where customers like to get combines out of this area because of that – because there is very little picking up and there isn’t much abrasive crops going through them.

2002 Massey-Ferguson 8780XP combine

2002 Massey-Ferguson 8780XP combine

I see a couple of the headers are listed as unused. Tell me about the condition of the rest of the equipment – most of it was trade-in pieces?

Yeah, these were all trade-in pieces from local farmers around. Most of our cutting around here is all straight cutting – very little picking up. A lot of the headers – I mean, probably a half hour and you’d be in the field cutting fine with them – just regular maintenance. Combines – the same – very little to do with them. The older ones, of course, have been sitting for a little while. It wouldn’t take very much for any of them to – a little bit of work would get in the field and work fine for them.

1999 Gleaner R72 combine

1999 Gleaner R72 combine

This equipment is all located near your dealership in Williston?

Yes, I have them on a lot not too far from my previous dealership. It’s very easy to get to.

What does someone need to do to come take a look at something before placing a bid?

Well, they either contact me or Philip and we’d gladly show them whatever they want to see on them.

After the auction, once payment has been made to Purple Wave and a buyer has invoice in hand, what does he or she need to do to come in and pick up the assets?

Just contact me or Philip, show proof of payment and we will write up a separate invoice to them for tax purposes, just like we did on our last sale. We would release the combine to them and if they need anything to purchase to get it home, we’ll be able to help them with it.

1996 Flexi-Coil 5000 39' air seeder

1996 Flexi-Coil 5000 39′ air seeder

So there will be load-out assistance of some kind?

Yes. We have forklifts and such to load headers. Most people, when they send trucks, it’s just more or less to drive the combine on to the trailer.

How soon are you wanting everything to be removed?

I would like to see, since I’m renting a lot to put them on – I would like to see it no later than two weeks after the auction to have everything cleaned up.

One last question, Gary – what are you planning on doing after retirement?

Well, I have a number of things. I have quite a few businesses in town that would like me to come on board, but I have haven’t decided yet. I have about five employees I kept on and we’re going to be opening up a farm-type hardware store, which they will be running. I’m into classic cars, myself, so that’s a little sideline that I’ve always been doing. I enjoy it, so that type of thing, and then overlooking the hardware store. I’ve got to still keep in to the farm part of it.

Auction flyer

Auction flyer

Well, Gary, is there anything else you want to say about the auction?

Like I said, they’re all local machines and I don’t think anybody’d be hurt by any of them.

I’ve been speaking with Gary Lindsey with Lindsey Implement about his retirement auction in the August 28 ag equipment auction. Thanks again, Gary, for visiting with me this morning.

Thank you.

Bidding for the August 28 ag equipment auction is open now and will close on Wednesday, August 28, beginning at 10 a.m. central. If you have questions about any of the assets listed for Lindsey Implement, or you’d like to schedule an inspection before the auction, contact Gary at glindsey@harvestmail.net or call Purple Wave’s Philip Mathias at 701.429.1561.

Like all Purple Wave auctions, there are no reserves or minimum bids. Items receiving bids in the last few minutes will be automatically extended to give everyone a fair chance to bid. There’s no advantage to waiting, so view the complete inventory listing – and place your bids now – at purplewave.com.

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Post by D

Lender feedback

Fri., Aug. 9, 2013 - 5 pm | Dave Sommers, AARE, PRI

The Purple Wave family is blessed to be helping a lot of people in a lot of places. I may visit with a Minnesota banker one minute, then an Illinois, Wyoming or Texas banker the next. We’re growing into new seller territories in all directions which has led to many conversations with lenders unfamiliar with purplewave.com. I owe them an introduction, so I’ve reviewed notes and am sharing some paraphrased lender-customer feedback.

General feedback of purplewave.com from lenders

  • Purple Wave’s auction results is a useful source for equipment values.
  • We just wired a payment; I found a tractor on purplewave.com that a customer was seeking and he won the bid.

Lender-consent sales feedback

  • Thanks for going to the trouble and expense of researching UCC filings.
  • I appreciate your communication; we didn’t know our borrower was selling.
  • We have received jointly payable proceeds as requested.
  • Your settlement statements and supplemental auction reports are fantastic.
  • Does Purple Wave sell for banks too? Yes. All the time.
  • I’ve got another guy who will be calling Purple Wave soon.

Lender-owned sales feedback

  • Purple Wave made the sale easy for us and exceeded expectations.
  • Thank you for the clear communication and sales documentation.
  • The buyer is from Australia – your marketing is amazing!
  • I’m glad we found out we could sell a single asset with Purple Wave.
  • We didn’t have to transport assets and you saved other holding costs.
  • Purple Wave did a great job in gathering asset information.

Lender-inspired, lender-referred, and debtor-controlled sales feedback

  • The borrower is pleased, I’m pleased and we’re glad we were able to sell this way.
  • I was taking a chance in recommending Purple Wave and you didn’t let me down.
  • The proceeds wire came in. Purple Wave saved us a lot of paperwork, irritation and money.
  • Thanks for requesting consent; I actually recommended Purple Wave to the seller.
  • I recommend you guys all the time and have purplewave.com bookmarked.

Most Purple Wave customers work in the agriculture, construction or transportation sectors. They come to purplewave.com as they need to buy and sell tools of their trades. With the exception of ag lenders who are also ag producers, most lenders don’t have a baler, dozer, or semi sitting in their yards. The point is that purplewave.com may not seem like a natural destination for lenders, yet you may find it a useful tool, as do many lenders.

Purple Wave shares a customer base with commercial and ag lenders. In fact, you and I are most likely to meet when I call you in requesting consent and payout guidance for borrowers selling collateral. I’m told most of our mutual customers are good-standing borrowers, which shows we are the first choice in selling for many upstanding businesses.

In geographic areas where purplewave.com is well known and trusted by the lending community, our volume of lender-inspired sales has grown significantly. Lender-inspired sales work well as all parties work toward the same goal, recovering the most possible. They are certainly preferable to disappearing collateral, “suddenly” distressed equipment, fractured relationships and lengthy and expensive replevin actions.

I promise to call you when your customers sell, and ask that you consider us when equipment needs to be remarketed. Please visit and bookmark purplewave.com. If the site is blocked, tell IT you would like to use Purple Wave as a lending tool.

Purple Wave Dave

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Post by J

Bid for Blue impacts 10 chapters with second quarter donations

Mon., Aug. 5, 2013 - 8 am | Jordan Sterling

Purple Wave made donations to 10 local FFA chapters in the past quarter to continue the success of the Bid for Blue program. Through this program, the buyers of the 11 assets earmarked for Bid for Blue in April, May and June chose 10 unique chapters to receive donations. In the second quarter of 2013, we were able to donate a total of $1,681.50 back to Kansas and Nebraska FFA. We encourage you to visit www.bidforblue.com to stay updated on the recent and upcoming Bid for Blue assets and chapters receiving the donations as selected by our winning bidders.

Here are a few notes we’ve received in recent months from our friends in Kansas and Nebraska FFA.

The Ulysses FFA Chapter would like to thank you for your tremendous support! Thanks for supporting the Bid for Blue through Purple Wave.
M’Lynn Blundell
Ulysses, Kan., FFA chapter in response to a recent donation

Thank you for your participation in the Bid for Blue program. Support from members like you helps our students reach their full potential.
Oxford, Kan., FFA chapter in response to a recent donation

Thank you so much for your investment in the Bid for Blue program. Next year will be the first year for FFA at Flinthills and your contribution was the first donation and deposit for our chapter. Thank you for your support.
Flinthills, Kan., FFA chapter, chartered 2013, in response to receiving its first donation as a newly chartered chapter

Thank you so much for your sponsorship of the Ag Communications FFA CDE on the state level. We appreciate all the support and help you give with the FFA. We hope to represent Kansas well at the national level.
Ag Communications Team
Girard, Kan., FFA chapter in response to our support of career development events at Kansas FFA State Convention

Good luck to the Girard FFA Ag Communications Team as they compete at National FFA Convention from October 30 through November 2, 2013.

If you have a comment or question about the program or want to share how FFA and Bid for Blue has impacted you or your chapter, let us know through our feedback form or by email to jordan.sterling@purplewave.com.

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Post by A

Patrick Crouch is new ag industry specialist

Fri., Jul. 26, 2013 - 8 am | Aaron McKee, CAI, AARE, ATS

Patrick Crouch

Patrick Crouch

We are pleased to announce that Patrick Crouch has been promoted to ag industry specialist. In his new role, Patrick will be working with the territory managers to assist in evaluations and large ag packages. In addition, he will also be working with marketing and operations ensuring accurate communications, assisting with trade shows and keeping us up to date on the latest from the ag industry. With Patrick’s background in agriculture as well as his time as a territory manager, he is well positioned for his new role.

We are excited to be able to utilize Patrick’s skill set to further support our customers who buy and sell ag equipment with Purple Wave.

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Post by A

August 21 Vista Design and Construction auction

Thu., Jul. 25, 2013 - 12 pm | Aaron Traffas, CAI, ATS, CES

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Aaron Traffas: Hello and welcome to Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting a dispersal auction of construction equipment for Vista Design and Construction in Milwaukee, Wis., that will close on August 21. I’m speaking today with Yan Nenaydykh about this event. Good afternoon, Mr. Nenaydykh, and thanks for joining me.

Yan Nenaydykh: Good afternoon, Aaron. Thanks for having me.

Auction flyer

Auction flyer

AT: Vista has been around since 2003. Tell me why it was created and what kind of services it has offered.

YN: Well, we actually had a previously established and developed civil engineering consulting firm. By 2003 we decided to combine our engineering services with construction and pursue what’s called design-build projects. By that time, we also started a federal group and entered a nine-year federal program. We found out federal projects are led by construction and that was the main idea for starting a construction branch of our company.

What geographies did you serve and what kinds of projects have you completed with Vista in the past?

Well, our headquarters is in Wisconsin, so obviously a majority of our projects were in Wisconsin with maybe 60% or more in the southeast of Wisconsin. We also competed some projects in Illinois and Minnesota. A majority of our projects were infrastructure-type and specialty structures like bridges, retaining walls, culverts, concrete dams – we did both new construction and rehabilitation of existing structures. We also completed some buildings and facility rehabilitations.

1974 Lima 700-HC crawler lattice boom crane

1974 Lima 700-HC crawler lattice boom crane

I understand this is a dispersal auction of the construction equipment and that you’ll continue to offer the design and engineering services. Why did you decide to discontinue the construction component?

Your statement is correct. We will continue to offer our consulting and engineering services which we started with, and that branch will be continuing operations. We’ll be focusing on that. There are several reasons why we decided to discontinue construction services. Our federal program has ended and while we utilized it to some extent on the design-build projects, right now we have a limited used for it and we closed our federal group. Unfortunately, Wisconsin and Illinois still have state statutes restricting the use of design-build projects, and that also limited the regional idea of starting construction services and combining it with engineering. We also found out that there are some disadvantages of working for the same clients on both engineering and construction sites. And, finally, our international division has picked up tremendously and we decided to focus on consulting and engineering services here in the United States as well as internationally.

Why did you elect to use Purple Wave to sell your equipment?

Well as you understand and people probably know, we are very busy with everyday business and don’t have the time, means and resources to deal with equipment and asset sales. We decided to go with Purple Wave which has the ability to reach nationwide and international markets. It also has means for advertising and reaching all potential buyers and also allows us to utilize our equipment and assets all the way until the Internet sale has occurred on August 21.

1975 Lorain L-790 crawler lattice boom crane

1975 Lorain L-790 crawler lattice boom crane

Right now as we record this I see around 80 lots listed at purplewave.com for this auction. Tell me about the different types of equipment and materials that we’ll be selling.

All our equipment and assets, of course, are related to the type of construction we’ve been completing. Some of the main pieces of equipment include the two cranes with the high capacity for bridge construction required – one Lorain 100-ton crane and one Lima 80-ton crane. Both are excellent universal do-it-all for bridge equipment. Both cranes have three lines which are very useful for doing any type of piling jobs. Also, we’ve completed sheet piling installation of all brackets and steel structures including two crane peaks for big bracket beams, 50- to 80-ton. So excellent machines, as well, we have two smaller cranes, two backhoes, both excavators – a Volvo 330 and mini-excavator – have breakers which make them also universal machines for all types of demolition and construction services. Another very useful and practically must-have for all civil types of construction – we have a practically new 6-inch Goodwin pump which allows you to get ahead of any type of construction related to the water, of course. There are other smaller equipment – generators, welders – as well as inventory including beams and forms and supporting brackets; all are required for bridge construction.

2004 Volvo EC330BLC excavator

2004 Volvo EC330BLC excavator

Tell me about the condition of the machinery itself. Has it been fairly well maintained?

Condition, of course, varies from one piece of equipment to another, but mostly we’ve maintained very good maintenance and repairs. All cranes had their annual inspections and of course all required repairs as well as maintenance to keep them all operating. All our jobs – government types of jobs for federal, state and municipality level – they all require certification of equipment and cranes being in good condition before they allow it on the construction site.

This equipment is all located in New Berlin. For someone who may not be familiar with Milwaukee, talk about the location. Where is it and is it easy to find and access?

That city is located just 15 miles west from downtown Milwaukee and easily accessed by Interstate Highway I-94. It’s actually about five minutes from the exit 301A on Highway I-94. Going on Moorland Road south about 2.5 miles and then 1.5 miles west on Lincoln Ave, so five minutes from the interstate highway.

We have a couple of open inspections scheduled, one on Wednesday, August 7, from 8 a.m. to 4 p.m. and one on Saturday, August 17, also from 8 a.m. to 4 p.m, during which time anyone can come in and take a look at any of the equipment or vehicles or materials. In the event that those dates don’t work for someone, what does he need to do to make an appointment to schedule an inspection outside of those times?

We understand that people are busy and we arranged it so it’s possible to look at equipment practically most of the time between now and August 21 which is the remaining four weeks. Just contact our contact person Scott and arrange a time which is good for you and we’ll be able to accommodate showing any piece of equipment.

2009 Goodwin 6" Dri-Prime water pump

2009 Goodwin 6″ Dri-Prime water pump

After the auction, once payment has been made to Purple Wave and a buyer has invoice in hand, what does he or she need to do to come in and pick up the assets? Will there be load out assistance and how soon does everything need to be removed?

Yeah, we expect the buyer, of course, to arrange his own transportation means. We’ll be available to assist with loading equipment or inventory assets on the trucks and we definitely prefer most of the equipment to be removed from our yard by Friday, August 30, so we can have a good Labor Day after that.

Yan, is there anything else you want to say about the auction?

We have very available equipment and assets which we are currently utilizing still in our construction, so we would encourage everyone who is in this type of business to look at the assets and we’ll be happy to answer any questions if potential buyers have and bidders have and encourage people to contact us. We’ll be happy to assist with any type of information.

I’ve been speaking with Yan Nenaydykh with Vista Design and Construction about the dispersal auction of construction equipment that ends on August 21. Thanks again, Yan, for visiting with me today.

Thanks for having me and good luck with your bids.

Bidding for the Vista Design and Construction auction is open now and will close on Wednesday, August 21, beginning at 10 a.m. central. Open inspections will be held on Wednesday, August 7, and Saturday, August 17, from 8 a.m. to 4 p.m. To schedule an inspection outside of those times, contact Scott Christman at scottchristman123@gmail.com or 414.788.8199, or speak to Purple Wave’s John Hengel who has been working on this event.

Like all Purple Wave auctions, there are no reserves or minimum bids. Items receiving bids in the last few minutes will be automatically extended to give everyone a fair chance to bid. There’s no advantage to waiting, so view the complete inventory listing – and place your bids now – at purplewave.com.

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Post by A

July 18 Kelley Construction retirement auction

Thu., Jul. 11, 2013 - 6 pm | Aaron Traffas, CAI, ATS, CES

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Aaron Traffas: Hello and welcome to Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting a retirement auction for Kelley Construction in Pierre, S.D., that will close on July 18. I’m speaking today with Mike Kelley about his retirement auction. Good afternoon, Mr. Kelley, and thanks for joining me.

Mike Kelley: Sure. It’s nice to be with you today.

AT: I understand your family’s been in the construction business for a very long time. Tell me about your company and how you got started.

MK: My dad started the company in 1946 when he got out of the service. His brother, Tom, later joined him in the company – and his father. I joined in when I was out of school in the mid-60s and have been with the company ever since. My dad retired around 2000, as did Tom. I’ve been running the company since around that time. I have a brother in the business with me and three sons. I’m retiring. My brother wants to do something else, so it was up to my sons whether they wanted to continue with the business and they opted to do some other things. We’re having a sale and shutting her down.

Kelley Construction retirement auction flyer

Kelley Construction retirement auction flyer

Tell me a little bit about the business itself. What geographies did you serve and what kinds of projects have you completed in the past?

Historically, we work within about a hundred-mile radius of Pierre. Anything beyond that, given our location here in the center of the state, you start to get closer to the bigger towns that cover those areas. That hundred-mile area has worked well for us. We’ve built a little bit of everything. We’re predominantly commercial construction, so mostly commercial buildings – we built a school in White River. We built a fertilizer storage building in Onida. We’ve been around the area. We’re mostly commercial. We built all the banks in the Pierre area, with the exception of two, I think, over the years, and all the branch banks and the YMCA and just a lot of commercial stuff and a lot of specialty type construction. We’ve made a pretty big imprint.

You explained why you’re having an auction. Deciding how to sell your equipment after such a long and successful career couldn’t have been easy. Why, in the end, did you elect to use Purple Wave?

Well, actually, a good friend of mine Gary Johnson, over in Ft. Pierre, had an auction with Purple Wave and he recommended them very highly to me. He said they were very well organized and a very well run operation and could do the things that probably we really weren’t set up to do when it came to organizing the auction. I just liked the idea and I liked the fact that it worked so well for Gary and that’s how we hooked up with James.

I see nearly 300 lots listed at purplewave.com for this auction. Tell me about the different types of equipment and materials we’re selling.

2006 Bobcat S130 skid steer

2006 Bobcat S130 skid steer

Well, we’ve got a little bit of everything. We’ve got backhoes and loaders. We’ve got a couple forklifts. We have a small motor grader that’s proving to be a draw – a lot of interest. We have a Schield Bantam crane from 1964 that’s still operational and still a good crane. We have a selection of trucks – dump trucks, flatbeds, box trucks. We have a couple of skid steers. We have a tractor with a hydra hammer on the back. We have a lot of concrete forms. We have a lot of concrete tools. We have a power screed for concrete. We have a lot of metal shop equipment – metal bending, metal cutting equipment. We have a lot of hand tools, both carpentry hand tools as well as mechanic hand tools, and compressors and other shop equipment. We have a couple of old lathes that are in good working order and have been used a lot by carpenters around here – pretty much a selection of any type of construction equipment. We have a small sweeper and the two forklifts – one’s a large outdoor forklift, the other one’s a warehouse-type forklift – that both operate well. We’ve got a lot of cords – a lot of safety equipment. The concrete forms, the foundation forms, are a complete set with all the accessories that go along. You know if somebody’s wanting to get into doing concrete foundational work, this set of forms has everything you need to do a complete job, so we expect to draw somebody that’s looking to do that. That’s kind of a cross section of everything.

Tell me about the condition of the machinery. Has it been fairly well maintained?

Allis Chalmers motor grader

Allis Chalmers motor grader

It’s been maintained well. It’s in good running order. Some of it hasn’t run for a few years, but everything started when we pulled the stuff that hadn’t been run for a while. Everything started up and was moved around and put in its position. Some of them have a lot of years on them – 1968 trucks, you know, are going to probably have some issues. But, around town, the trucks, the way we use them for around town to haul gravel, haul snow, haul whatever – they work well. The tractors and the pickups and all those things are well maintained. The 2001 pickups – the Chevy and the GMC – are in very good condition and have been operated right up until the time of the sale. All in all I think everyone’s going to find that everything’s in pretty nice condition, given its age, of course, and accepting the fact that the ones that maybe have sat for a while might need a little tune-up before they be put online somewhere.

Everything is listed at one location. Tell me about about it. Is it easy to find and access?

1991 Case 590 Construction King backhoe

1991 Case 590 Construction King backhoe

It’s easy to find. It’s on one of the main streets that goes clear through Pierre. If you come in across the bridge – if you’re coming in from the west or the south and you get across the bridge, you turn off the bridge on Dakota and you stay on Dakota Avenue all the way through town. We’re on the far end of town. If you come in from any other direction – actually, you can probably see the Harvest States grain elevator from about anywhere, and we’re located right next to the elevator on Dakota Avenue at 1812 E Dakota. It is pretty easy to find.

We’ve listed open inspection periods on July 16 and July 17 from 8 a.m. to 5 p.m. each day, during which time anyone can come in and take a look at any of the equipment or tools or materials. If, for some reason, those times didn’t work for someone, what would he need to do to take a look at the assets outside of those inspection periods?

They just give me a call. My number’s listed on the website as well as my brother’s. You can call either one of us and make arrangements for one of us to stop down and show you around and open up the warehouse to see the stuff in there. A lot of everything is outside anyway, so it’s not too hard to look at, but we’d be glad to stop down if somebody needs us to come down.

Well let’s talk about after the auction. Once someone has made payment to Purple Wave and has an invoice in hand, what does he need to do to come in and pick up the assets? Will there be load out assistance and what kind of time frame are we operating under?

1964 Bantam Schield crane truck

1964 Schield Bantam crane truck

We’re going to keep the forklift here – that’s in the agreement that we’re going to keep the forklift here until everything’s picked up so that we can provide load out assistance. We’re asking that everybody have their items picked up by August 1. We want to have everything cleared up by then and then, at that point, we’ll expect to turn the forklift over to the high bidder. If there’s a specific type of load out assistance needed – I’ve talked to a couple of the bigger operators around here with some big trailers and things if we need to help somebody get something up on their trailer – I guess there isn’t anything that can’t be figured out.

Mike, is there anything else you want to say about the auction?

No, other than that I’m really looking forward to it – looking forward to folks coming down for the open house. I want to thank Purple Wave for everything they’ve done. They’ve helped us out a lot. James has really gone the extra mile to help us get this set up. I appreciate everything you guys are doing for us.

One last question, Mike – what are you going to do after August or have you had a chance to think about what you’re going to do after this auction’s behind you?

Well, I think I’m just going to see how good I am at being retired. Right now I seem to be getting the hang of it.

I’ve been speaking with Mike Kelley with Kelley Construction about his retirement auction of construction equipment, tools and materials that ends on July 18. Thanks again, Mr. Kelley, for visiting with me today.

You bet, and thank you.

Bidding for the Kelley Construction retirement auction is open now and will close on Thursday, July 18, beginning at 10 a.m. central. Open inspections will be held on July 16 and 17 from 8 a.m. to 5 p.m. To schedule an inspection outside of those times, call Mike at 605.280.7805 or talk to Purple Wave’s James Beal who has been working with Mike on this event.

Like all Purple Wave auctions, there are no reserves or minimum bids. Items receiving bids in the last few minutes will be automatically extended to give everyone a fair chance to bid. There’s no advantage to waiting, so view the complete inventory listing – and place your bids now – at purplewave.com.

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Post by L

Outbid notifications now available by text

Fri., Jun. 21, 2013 - 11 pm | Lucas Thornton

We are excited to bring another technology upgrade to the Purple Wave experience. We often hear from customers who were unable to continue bidding on items because they didn’t see the outbid notification emails or were unable to check their email accounts. Starting today we will now offer the option to receive outbid notifications by text instead of or in addition to email.

If your current profile settings allow for email communication from Purple Wave, you will continue to receive email notifications when you have been outbid. To enable text notifications, you will need to log in to your account, click update account and then click manage your notification preferences. To enable text notifications, click on text me when I am outbid. You will be asked to enter your phone number. A verification code will be sent to the phone number you enter. Enter the verification code to verify your number. You will now receive text outbid notifications.

We are always trying to improve the customer experience. As always, submit suggestions or comments through our feedback form.

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