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Post by A

Ross Schochenmaier new territory manager in S.D. and Minn.

Fri., Mar. 8, 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. Today, I’m going to speak with Ross Schochenmaier from Waconia, Minn. Ross is Purple Wave’s new territory manager for eastern S.D. and southwestern Minn. Good morning, Ross, and thanks for joining me this morning.

Ross Schochenmaier: Good morning, Aaron.

AT: Begin by speaking to your background. Where did you grow up?

RS: I grew up in a town in western Minn. called Hutchinson, Minn., kind of a mid-sized community of about 15-16,000 people. It had an ag influence and then also still had some manufacturing in that community.

Ross Schochenmaier

Ross Schochenmaier

How did you end up in Waconia?

Through job transfers and changes, we’ve been here since 1998, which is the year my first, oldest daughter was born. A job brought me here and we’ve been here ever since. We love the community.

Well talk about those jobs if you would. You’ve got an extensive experience in marketing and sales. Tell me about that.

My background has been in the equipment finance world. For the last 13 to 15 years I’ve been in the equipment finance world, working with various companies – working not only with end users which would be construction contractors, ag producers, but also had dealer representation – various sources, working with manufacturers from Cat to Deere to even small lines, but working primarily one-on-one with either a dealer or a customer contact and putting together packages, reviewing opportunities with them, marketing – cold calling to various customers within my territories.

How did you hear about us and what was it that made you want to be a part of Purple Wave?

Well, I actually heard about Purple Wave probably six or seven years ago where a rep that was with the company – he and I used to come in contact and I came across the opportunity with the company. I was able to attend the Winona Excavating retirement auction with Andy and John and Richard Bates. Aaron was down there also. That was really the deciding factor that said I want to work with this company. I was very impressed with the technology behind the auction, very impressed with how they dealt with the people, the personalities – keeping the auction forefront but also considering that there’s a person behind the scenes that’s dealing with a wide range of emotions at this point. It kind of sold me on the company, made me see that – you know what? My background and how I deal with the customer on the relationship side – it’s a perfect fit. I just said, hey – you know what? This is going to be a great opportunity for both of us.

You started not too long after that particular auction. You started in late January. Tell me about your last month and a half on the ground.

The last month and a half has been a whirlwind. I called my boss yesterday, Andy Artley, and said, “You know? I really am having fun,” which is a great thing. Every day is a little bit different. I’ve been out and doing data capture on the Ruzic auction, which was great. I enjoyed the people, I enjoyed the opportunity. I’ve been out calling on customers, working on leads that I’ve already established, trying to get a firm understanding of my territory and who’s all out there. The one thing I can tell you that has truly impressed me, Aaron, is that fact that everybody I seem to talk to, whether they have a background with Purple Wave or experience with Purple Wave or whether they don’t, they are very open to talk to you. Now some say, “You know what? We just don’t use auction services.” And that’s understandable, but, especially those ones that have dealt with Purple Wave, I like the reaction that I’m getting that everybody likes this company and is willing to help us take it to the next step.

You mentioned your territory and, for anyone who may be listening to this on a portable device, maybe subscribed to iTunes through our podcast page or something – somebody who hasn’t had a chance to look at your profile page on the Web and see the map – why don’t you describe your territory for us, if you would?

Ross's territory

Ross’s territory

My territory covers southwestern Minn. and then also eastern S.D., as you mentioned. Southwestern Minn. puts me into the metropolitan counties of Carver, Scott, Wright and, I believe, all of Hennepin County, so a very big chunk of the Twin Cities metropolitan area. I then travel basically west all the way to Aberdeen and then down to the Neb. border, covering the Sioux Falls metropolitan area and then track back around not quite to I-35 and then travel north. So the key metropolitan areas that I handle are the Twin Cities – let’s call it Minneapolis – and the west and southwest suburbs, a little bit into the north, northwest – Mankato; Sioux Falls; Aberdeen; Watertown, S.D.; Brookings, S.D.; Yankton, S.D.; Newell, Minn. – I don’t want to leave any areas out, but I’m very pleased with the geographics we have. As I look at it, if you look at construction, we are very similar geographics and we’re going to see a lot of aggregate production, road builders, good general construction. On the ag side, you’re going to see a lot of the same type of production, kind of wide open cropland. I do have a fair amount of ag experience so I’m looking forward to hitting both areas fairly strongly.

Well, let’s jump right into that. When you hit both areas very strongly, tell me what you’re going to be doing. Tell me about your roles and responsibilities. What’s going to be an average day?

An average day is going to change from day to day, but I see it as an opportunity to go out and get the Purple Wave name out to as many contacts – customers in our area in my territory as we can. I feel we’re still fairly new in this geographic and a lot of it – probably the next six to twelve months – is going to be getting the Purple Wave name out. We do have some nice auctions coming in April which we are promoting extensively and we hope to build off of those. We do have some very good leads in this territory that we’re going to be working hard to continue to grow that, but I feel there’s great opportunities within the contracting arena – also in the municipality area. I’ve had a few discussions with some counties in S.D. that are interested in talking to us further, and then we’ve also had a little success with the S. D. ag market and a couple customers that have used Purple Wave have agreed to sign on with us and bring us some opportunities. So we’re going to slowly get our feet wet and build this territory up quickly.

Well, Ross, tell me about some of your personal interests. What kind of things do you like to do in your spare time?

I’d love to, Aaron. I’ve got four kinds – a wife and four kids, so I spend a lot of time with kids’ activities. My oldest daughter is a freshman in high school, so you can imagine there’s a lot of things going on. We’re a big hockey family. She plays softball so we do a lot of stuff there. If I don’t have my kids activities and I am not working and I’ve actually got some free time, I’m a fisherman at heart and you’ll find me tucked away in a boat somewhere with probably one of my kids – somewhere fishing or in an ice shelter somewhere. If I can get away from everything, that’s what I truly enjoy doing.

I’ve been speaking with Ross Schochenmaier, Purple Wave’s new territory manager for eastern S.D. and southwestern Minn. Thanks again, Ross, for joining me today.

Thanks, Aaron.

Find Ross on the web at purplewave.com/rossschochenmaier. Contact him at ross.schochenmaier@purplewave.com or call 612.834.9836.

Don’t forget to find us on Facebook at facebook.com/purplewaveinc or follow us on Twitter at twitter.com/purplewave. Subscribe to Purple Wave’s Auction Podcast on iTunes. Search iTunes for “Purple Wave” or use the link on the podcast page on our website at purplewave.com/podcast.

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Post by D

Lender-owned equipment auctions

Wed., Mar. 6, 2013 - 12 pm | Dave Sommers, AARE, PRI

I attended a bank leadership conference in Kansas City recently and was pleased with the high level of Purple Wave familiarity. I was greeted with handshakes and gratitude for our practice of UCC research and clear communication with creditors of sellers. Subsequently, I learned that many lenders noticed we were selling assets for some of their best customers.

With this realization, the most common question asked of me was, “how does it work?” I first noted that a debtor-controlled sale is almost always a better situation for the seller and creditor than a lender-owned sale. Evidently, creditors agree, as they have referred many borrowers, both good-standing and troubled, to Purple Wave.  I then offered details of how we help when a lender-owned equipment sale is inevitable.

During my gripping explanations, I was advised repeatedly that this would be a good topic for our newsletter. Hence, here’s an overview of selling lender-owned equipment and vehicles via purplewave.com.

Auction planning 25-60 days to auction close
You need to remarket one or more construction, agricultural or transportation assets and have the following goals.

    • You want market-value recoveries.
    • You want your role in the sale to be minimal.
    • You want the next movers of the assets to be the new owners.
    • You want this challenge off your desk ASAP.
    • It must be a commercially-reasonable sale with documentation provided.

Give me a call at 785.313.2094; I will listen, ask and answer questions. Together, we will decide if Purple Wave is the right fit. You decide if we proceed.

When you say go, I will contact your local Purple Wave territory manager who will call you to schedule a visit. You meet; review the assets, which remain in-place throughout the auction; tie up loose ends and complete a contract. Your TM will conduct data capture, taking pictures, and perhaps video, of your assets and recording listing information. This information will be sent to our web operations crew, and your assets will soon be posted and open for bidding on purplewave.com.

Marketing period 14-30 days to auction close
Traditional, electronic and telephone marketing is aimed at targeted individuals and masses. Increasing daily, about 250,000 potential bidders view assets on purplewave.com each month. Bidders may call you with asset-specific questions and schedule inspection visits. Competition builds.

Auction closing day
On sale day, asset bidding closes incrementally. This method is convenient for bidders and beneficial to your recovery. Current market value is found.

After the auction
The buyer pays Purple Wave promptly in verified funds and a paid invoice is emailed to you and the buyer. The buyer will contact you to schedule asset removal and present you his paid invoice prior to load-out. Removal is the buyer’s logistic and financial responsibility. Purple Wave handles title distribution. Your proceeds and sales documentation are typically in your hands within two weeks of auction close.

You have met your sale goals and completed the mission.

Straight. Simple. Sold.
Purple Wave has many lender-clients and most are repeat sellers. Whether you or your borrower has a large grouping of equipment, or one vehicle, dozer or tractor to sell, we are probably the right fit. Each situation is unique, and treated as an interview for our next sale.

Please visit purplewave.com and call me as needed.

Purple Wave Dave

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Post by E

Sheila Fahey joins Purple Wave as director of accounting and controller

Thu., Feb. 28, 2013 - 5 pm | Eric Williams

Sheila Fahey

Sheila Fahey

I am pleased to announce the addition of a key manager to our growing company. Sheila Fahey has joined Purple Wave as director of accounting and controller. Sheila brings 10 years of technical experience to her new role.

“I’m looking forward to working with a team of truly dedicated individuals who are knowledgeable and clearly top-notch in the industry,” says Fahey. “I look forward to learning and growing with Purple Wave and looking for opportunities for continuous improvement that will allow for the acceleration and growth of the company.”

Originally from Chapman, Kan., Sheila is a CPA and holds a Master’s of Accountancy and a bachelor’s degree in accounting from Kansas State University.

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Post by A

March 7 George J. Shaw Construction Company

Wed., Feb. 27, 2013 - 4 pm | Aaron Traffas, CAI, ATS, CES

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Aaron Traffas: Hello and welcome to another episode of Purple Wave’s Auction Podcast. My name is Aaron Traffas. We’re conducting an auction for George J. Shaw Construction Company of construction equipment including dozers, scrapers, dump trucks, vehicles, tools and more in Kansas City, Mo., that will close on March 7. This morning I going to speak with Mark Teahan about this auction. Good morning, Mr. Teahan, and thanks for joining me this morning.

Mark Teahan: Oh, my pleasure.

George J. Shaw Construction Company auction flyer

AT: Tell me about George J. Shaw Construction Company. When and how did it start and what kind of work have you done?

MT: Well, George Shaw started his business back in 1928 here in Kansas City as a hauling contractor. Then, in the ’40s and ’50s, expanded into the earth work business. In the probably early ’90s we added a concrete division, both structural concrete and flat work. So we’ve been around Kansas City doing work here in the greater Kansas City area doing commercial earth work for about the last 85 years.

You’re not going out of business. Tell me why are you having an auction?

Well, over the last 15 to 20 years during the construction boom here in Kansas City we’ve acquired several pieces of equipment. Unfortunately, as most contractors in this area have experienced during the last three years during the great recession, we have lots of pieces of equipment that we’re just not utilizing to their potential. The costs of securing and insuring and maintaining these have come to the point that we thought it’d probably be best that someone – another individual or company who could put these to use – it would be better for everyone. So it is not a total liquidation. As a matter of fact, it’s only a small, small part of our fleet of equipment, but they’re good pieces of equipment that we think will be beneficial to other individuals.

1996 Caterpillar D8R dozer

1996 Caterpillar D8R dozer

Why did you select Purple Wave from among your other options?

Well, we believe Purple Wave provides us with many more viewers than you would get at a normal auction. It also gives the buyer more time to see the machine, and, also, we like the contact that both the buyer and the auction company has with the owner of the equipment. So it allows us to talk one-on-one with the potential buyers, talk about the equipment, how they’ve been maintained, and whatnot.

Well, let’s talk about the auction. Tell me about the quantity and the different types of equipment we’ll be selling for you.

Well, we have about 25 large pieces of equipment – earthwork equipment and trucks. We also have probably about another 80 some plus items that we’ve used not only in our earthwork division but also our concrete division. We have some marquee items that we think will be very interesting to buyers, and that is a D8 dozer, a 140H motor grader, a nice Hyundai track hoe, as well as several Volvo articulated trucks and some Cat scrapers.

2001 Caterpillar 140H VHP motor grader

2001 Caterpillar 140H VHP motor grader

Tell me about the condition of the equipment. As you mentioned earlier, you’re selling it because it’s excess. Has it been well maintained?

Definitely. We like to believe all our equipment is dirt ready, as we call it. It has been utilized by our company over the years. Some of it, like I said, have set idle, but, for the most part, these items have been used by us but just not to the level we’d like to see. They all have good tires. All the safety features work. We’re very persistent about oil samples and maintenance records. Bill Gunnels, who’s our equipment manager, stands ready and available to answer any and all questions about the equipment.

Tell me where is everything located?

The majority of the pieces are located here at our main office in Kansas City at 1601 Bellefontaine here in Kansas City, Mo., right off of I-70. Some of the scrapers are located at our satellite storage lots, one actually in Clinton, Mo., and then the other just a couple miles from our office.

2004 Hyundai Robex 210LC-7 excavator

2004 Hyundai Robex 210LC-7 excavator

I see that there is an open inspection period scheduled on March 6 from 11 a.m. to 3 p.m. If I have a conflict at that time, or that doesn’t work for me for one reason or another – if I want to ask Mr. Gunnels questions or schedule a time to come and take a look at something before placing a bid, what do I need to do?

Well, that’s once again one of the nice aspects of working with Purple Wave is making our equipment manager available to all potential bidders. Bill’s available pretty much 24/7 at 816.215.5119. Bill will either talk to you over the phone and give you the details about the equipment or schedule a time where you can come by and view the equipment.

After the auction, once payment has been made to Purple Wave, what does a winning buyer need to do to arrange pickup?

Well, first of all, of course, they need to pay for it and get a receipt from Purple Wave. They would then just call, once again, Bill Gunnels with our firm to set up a time. Bring that receipt with them and we’ll help them get that piece of equipment or item loaded.

1997 Volvo A35C articulated dump truck

1997 Volvo A35C articulated dump truck

You mentioned help. What kind of load out assistance will you be providing and how long does a buyer have to remove purchases?

Well, we’re definitely here to help to get the equipment on the lowboy or in their truck. Here at our yard we have all the equipment necessary to help with the loading and we’ll definitely do that. We would, of course, like to have the equipment and the other items removed within probably the first couple weeks after the auction, so hopefully by Friday, March 22, we’ll have everything removed from the premises.

I’ve been speaking with Mark Teahan from George J. Shaw Construction about the auction of construction equipment that ends on March 7. Thanks again, Mr. Teahan, for joining me this morning.

My pleasure. Thank you.

Bidding for the George J. Shaw Construction auction is open now and will close Thursday, March 7, beginning at 10 a.m. central. If you have a question about the assets or you’d like to take a look at an item before placing a bid, stop by the open inspection period on March 6 or contact Bill Gunnels at 816.215.5119.

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

March 8 S.L. Cornelsen Farms partnership dispersal

Tue., Feb. 19, 2013 - 5 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 an auction for S.L. Cornelsen Farms of harvesting equipment, vehicles and tillage implements in Oxford, Kan., that will close on March 8. This morning I going to speak with Michael Slack, one of the partners in S.L. Cornelsen, about this partnership dispersal auction. Good morning, Mr. Slack, and thanks for joining me.

Michael Slack: Good morning.

Auction flyer

Auction flyer

Tell me about S.L. Cornelsen. How did you get started?

Well, the S.L. Cornelsen – the initials S. L. stand for Stanley Leon. Stanley was Rick’s and my predecessor. Stan was a really wonderful, generous person. When Stan passed away due to illness, Rick and I took over the reigns in a partnership effort. Some partnerships struggle, but Rick and I work really well together. We’ve grown our business, leased more acres and bought land. We also have ag lime we sell to farmers in the area, and we just opened a second pit up in Ark City. Rick and I, we’ve kind of been on a roll, building a foundation on what Stan and his family had laid.

This event is billed as a partnership dispersal. Tell me why you’re having an auction.

Well, let me first state, I guess, that I talked to Rick and he’s okay with me sharing this – it’s a little bit personal. Rick’s fought a medical condition for a few years and last summer the condition became much more serious. By late summer, Rick was unable to work at all. As we got into fall, Rick’s condition worsened to the point we were all concerned he might not even survive. So Rick and his wife Karen, my wife Janice and myself came to realize that as much as we hated to admit it, Rick was not going to be able to come back and farm. It was a tough reality, but that’s the way it is. So Janice and I are continuing S.L. Cornelsen Farms and operating the lime business. We have our farm with a full line of equipment and we simply don’t need the items we are selling.

1992 Case IH 1680 Axial-Flow 222BC RWA combine

1992 Case IH 1680 Axial-Flow 222BC RWA combine

So you would characterize this equipment as excess and not exhausted? There’s nothing wrong with it, you just don’t see a need for it going forward.

Yeah, we don’t need – you know, just for instance, we have three front end loaders and we don’t don hay, and we don’t have any livestock, so it’s a lot of overkill there. We no-till, so we don’t need the tillage equipment, of course, anymore. So, to complicate things a bit more, we’re exiting the custom grain business. We didn’t use any of these combines or headers or grain cart in our custom effort, but since we’re getting out of that then that was even more equipment that we were planning on using that we don’t need. The service trucks that are on here, the combine trailers and the double header trailers were all used in our harvest business. They’re all in really good shape. We were planning on being in business for a long time and plans change, so we’ve got a lot of nice items for sale that we really weren’t planning on selling, but that’s just the way it is.

Well, I’m sure you investigated other options to sell this equipment, but in the end, you selected Purple Wave. Why was this the right decision for you?

Well, we did think about it quite a bit and even have a good friend that is a local auctioneer that does a really good job. I had some things that not everybody would bid on. Some of these items are pretty specialized, and we needed to get the word out – way out. I felt like Purple Wave could reach some of those people that otherwise probably wouldn’t find out about this equipment so that’s why I went this direction.

1999 Freightliner FLD semi service truck

1999 Freightliner FLD semi service truck

Well, let’s talk about the equipment. Tell me about the types of equipment that we’re going to be selling for you and give me some details on a couple of the marquee items in this event.

Well, we put a lot of effort and money into the service trucks. The bed on the Freightliner was – on the Freightliner service truck – we bought that new about a year ago, so the tanks, the pumps, the lights – I have a youngster that works for me that’s really good. He’s painted for years and he did a really nice professional paint job on the box and the truck. Also, a lot of that stuff’s like new – it’s a year old. We didn’t intend to sell them, but we are so that makes that a really nice unit. Let’s see – the 1680 combine, we had a professional diesel shop overhaul that with the original Cummins parts. We didn’t cut any corners on it at all – $9205 to do that. The 1688 is a good combine, too. The 1680, we bought new; it’s a one-owner combine. The little 4440 that’s on the auction is just a really slick little tractor. Of course the harvest trailers are all in really good shape. They’ll pass DOT inspections. The tires are good because we were planning on running them from Texas to Canada.

1979 John Deere 4440 tractor

1979 John Deere 4440 tractor

Tell me where is everything is currently located. It’s all in Oxford. Is it all in one place?

Yeah. We made the effort to get it to one spot to make it easier for people to come and look if they were interested in one item. Our physical address is 1442 E 60th Street South, Oxford, Kan. From Oxford – you go to Main Street in Oxford. There’s a bank at the corner, there. You go five miles south to 60th Street and then three-and-a-half west on the north side of the road.

Well if I have questions about the items, or if I want to stop by and take a look before placing a bid, who would I need to contact to make that happen?

You can contact my partner Rick, and his number is listed with all the items that he’s the most familiar with, or you can contact myself. We’ve got my name with some of the things that I’m more familiar with. My number is 620.222.8630 and I don’t have Rick’s number memorized. I don’t have it with me right now.

It’s 620.704.3013 as listed on the website, and so that kind of explains why we have two locations, two different locations, listed on our details page. Everything’s physically at one spot but the contact information for each item varies depending on whether you’re most familiar with it or whether Rick is. That’s why there are two locations listed on our auction details page, but everything’s in one place. Once payment has been made to Purple Wave, what does a winning buyer need to do to arrange pickup?

Well, if they’ll just call those numbers I’ve got a big forklift here, a small forklift, front end loader…we can pretty much get about any of this stuff loaded, barring the field cultivator. We have really good load out possibilities. We could help arrange with shipping, even, if needed. The GPSs that are – the autosteers that are on the auction, we could help get those mailed to them – shipped to them. We’ll do whatever we can to help the people.

1999 John Deere 1760 Conservation 12 row planter

1999 John Deere 1760 Conservation 12 row planter

It sounds like you’re being very accommodating. What kind of time frame are you hoping to have everything removed by?

It’d be nice if it was out of here in two weeks. If somebody’s in a jam, we’ll try to work with them a little bit.

Okay. Well, Michael, is there anything else you’d like to say about this auction?

Yeah, I guess a final word would be that Rick’s condition has improved some and he’s happy and eager to receive calls, so don’t hesitate to call him or my number, too, and we’ll answer any questions – do whatever we can to help people make their decision.

I’ve been speaking with Michael Slack from S.L. Cornelsen about the partnership dispersal auction of ag equipment that ends on March 8. Thanks again, Mr. Slack, for joining me this morning.

Bidding for the S.L. Cornelsen partnership dispersal auction is open now and will close on Friday, March 8, beginning at 10 a.m. central. To schedule an inspection before bidding, call the number listed on the website with the asset in which you’re interested.

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 J

David Brotton joins Purple Wave as vice president of marketing

Mon., Feb. 18, 2013 - 9 am | Jerrod Westfahl

I am pleased to announce the addition of a key leader to our growing company. David Brotton has joined Purple Wave as vice president of marketing. Dave brings 20 years of relevant industry experience to his new role.

His observations about what we do as a company underscore the reasons he has come aboard. “Purple Wave is dramatically changing the way Internet auctions are done. Customers are turning to Purple Wave to utilize an extensive buyer base, industry-experienced staff and leading edge technology to gain a competitive advantage when re-selling their assets,” said Brotton. “I am excited to be part of the Purple Wave team and look forward to helping the company grow to the meet the needs of our buyers and sellers everywhere.”

Originally from Wellington, Kan., Dave holds an M.S. degree in management from Baker University and a B.S. degree in chemical business from Wichita State University.

When you see Dave out and about, please say hello and share your observations about what we can do to continue improving our business for the good of our customers.

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Post by A

February 2013 trade shows

Fri., Feb. 15, 2013 - 1 pm | Aaron Traffas, CAI, ATS, CES

We’ll be attending several ag and construction industry trade shows in February. Stop by and see us.

  • Nebraska AGCNebraska AGC Annual Convention
    February 19 through February 21
    Embassy Suites Hotel
    Lincoln, Neb.
    Find Richard Bates, Scott Wiese and Chuck Fischer at our booth and ask them about the successful construction auctions Purple Wave has conducted in Nebraska.
    www.agcne.org
  • KBA Bank Technology ConferenceKBA Bank Technology Conference
    February 19 and February 20
    Capitol Plaza Hotel
    Maner Conference Center
    Topeka, Kan.
    Find Dave Sommers and Mike Braun and see how a Purple Wave auction can help lenders solve asset ownership problems.
    www.ksbankers.com
  • Western Farm ShowWestern Farm Show
    February 22 through February 24
    American Royal Complex
    Kansas City, Mo.
    Find Amy Todd, Jordan Sterling and Amy Shaneyfelt and ask them why Purple Wave is the leader in ag equipment auctions.
    www.westernfarmshow.com

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Post by A

March 12 Interstate Electrical Construction auction

Thu., Feb. 14, 2013 - 4 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 an auction of construction equipment, vehicles, trailers and tools in Parsons, Kan., that will close on March 12. I going to speak with Kenny LaForge of Interstate Electrical Construction this morning about this auction. Good morning, Mr. LaForge, and thanks for joining me.

Kenny LaForge: Good morning. Thank you.

AT: Let’s say I’m from outside the area and I’m not familiar with Interstate Electrical Construction. Tell me about the business. When did you start, what kind of projects did you complete and what kind of area did you serve?

KL: Well, as you said, Interstate Electrical is closing. We’ve been in it since 1980, basically. I’m kind of the owner and founder. We started with a couple people and grew to probably 35 to 40 at certain points. I decided due to age – I’m 59 – it’s time to kind of change gears and slow down a bit. It’s been good to us for a lot of years but it’s time to move on and do something else. We mostly did commercial, industrial, institutional – which would be hospitals and schools – a lot of utility type work, water and sewer plants. We worked all through Kansas. We stayed out of the metro areas. We did work in probably eight to ten states, mostly chasing government work in different installations throughout the country as far as North Carolina one way and Nevada the other way. We just did whatever we had to do to make a living through the years and it’s all kind of come to an end now. We’re happy with it.

2002 Caterpillar 236 skid steer

2002 Caterpillar 236 skid steer

AT: This is a very large auction, billed as a business liquidation for Interstate Electrical Construction. Tell me about LaForge Construction. Will it continue to operate?

Yes. That’s a company we started in 1990 just in southeast Kansas. It’s a limited market and we didn’t want to travel as much as we did in our younger days. It was established to diversify. I grew up in construction so I had a pretty good knowledge of equipment. I was an operator when I was in high school and college. I worked for my dad’s construction company so I had a pretty good base. That company does primarily – that’s LaForge Construction Corporation – does water and sewer lines mostly, cross-country rural water-type stuff, in-town city infrastructure-type projects. It has probably 10 to 15 employees now and – of course that varies – it’s what I’m going to focus on going forward.

Kenny, the selection of the auction firm to conduct a liquidation of this scale is always a big decision. Why, in the end, did you elect to use Purple Wave?

Well, to be honest, I talked to several online companies and a couple live auction companies. I just felt Purple Wave offered the best value. I had not been to a live auction probably in 10 years. I think I’m not alone in how I buy equipment. I just don’t want to stand around in a crowd of people raising my hand. I’d rather do it on computer. It just makes good sense to me. Purple Wave is widely recognized as probably being the leader in certainly the Midwest region. I can’t speak out of this area, but they’re spoke about often in pretty good regard so we teamed up with them and it’s working very well so far.

Well let’s talk about the auction. Tell me about the types of equipment that we’ll be selling for you in this event and give me some details on a couple of the marquee items.

Ditch Witch 3700DD trencher

Ditch Witch 3700DD trencher

Well, as I said, we’re just a mid-sized electrical contractor. We have a lot of tools – threading tools. We do a lot of rigid-type work and have some big, fairly expensive benders, a lot of Hilti hammer drills – battery and corded both, and a lot of them. We have a lot of miscellaneous items. We have the gang box, the lifts, several office trailers – no great marquee item, but good quality stuff that’s been well maintained. Most of it was bought new. Some of the lifts we purchased through outside vendors, but most of our tooling has been bought new – maybe several years ago, but some fairly recently, too. It’s all in good shape and been maintained. What didn’t work, we tossed in the trash pile or fixed it and it’s a pretty good assortment of things to pick through.

Let’s talk briefly about volume. Right now I see 78 items listed at purplewave.com, but I know we just got another thousand pictures this morning, so we’ll have quite a bit more early next week than what’s currently listed. What kind of an item count can we expect by the time everything is completely listed?

You know I’m not really sure, to be honest with you. I’m sure we’ll be probably 150 or more, I would think. We’re selling a lot of inventory, both in boxes, on shelves and on pallets, all the way from fittings to brand new flag pole lights to many, many different items. It’s all on shelves and on pallets as we speak. It’s quality stuff. It’s still dry. It’s not been laying around in the water getting wet. It should be usable for anybody who wants to pick up probably a bargain on inventory.

2005 Caterpillar 303 CR mini excavator

2005 Caterpillar 303 CR mini excavator

Tell me where is everything is currently located. Is it all in one place? What would somebody need to do – if I’m a prospective bidder and I want to take a look at something before placing a bid, what do I need to do to come look at something before bidding?

The scheduled inspection times are going to be March 7, March 8 and March 11. Those are – come any time from 8 to 5, basically, with no appointment. Anything beyond that needs to be – there’s a phone number to call and an individual to talk to. All we need’s a phone call to be sure there’s someone there to show them what they have interest in. We’ll be happy to do that at any point, but just need a few hours notice. Come to the front desk and we’ll show you whatever you have interest in. All the material and tools and trucks are at one site, one parking lot. We have an 80 x 80 building, fairly new, out back that was our warehouse. Most of the stuff is in that that needs to be inside and dry. Trucks, of course, lifts, gang box are outside. It’s all on one site, easy to get to, lit nicely and shows pretty good.

How will the after-auction process work for winning bidders? Once payment has been made to Purple Wave, what can a buyer expect he’ll need to do to come and pick up any of the vehicles, any of the tools or the equipment?

Once everything is settled up for and people show up to haul stuff off, we’ll have forklifts on site, a little extra help to possibly load things. We have a lot of parts still on the shelves. We’ll accumulate boxes and pallets here to further help people maybe get things off timely because it could be a hectic time. We have two dock doors in our warehouse, dock height- if someone comes with a two ton truck or some kind of flat bed they can back right up to that and we’ll have pallet jacks and fork trucks and we’ll get you loaded pretty easily and pretty quickly, I believe. It’s always nice to bring some help with you as you come because there are a lot of items to be sorted through.

1995 Skyjack SJ4626 scissor lift

1995 Skyjack SJ4626 scissor lift

Is there anything else you’d like to say about this auction?

We’re really happy it’s to this point. It’s maybe three and a half weeks away. We’re starting to get some calls. We’d love to see some people stop by. We’ll tell them what they want to know and be up front about it. We’ll start trucks if they want to hear them run. We’ll run lifts if they want to see them go up and down and about. We’re just happy to be at this point and look forward to getting things wrapped up in the next 30 days.

I’ve been speaking with Kenny LaForge about the auction of construction equipment, vehicles, trailers and tools we’re conducting for Interstate Electrical Construction. Thanks again, Mr. LaForge, for joining me this morning.

Thank you. I appreciate your time.

Bidding for the Interstate Electrical Construction auction is open now and will close Tuesday, March 12, beginning at 10 a.m. central. If you have questions about the assets listed, or are interested in taking a look at the equipment before placing a bid, attend one of the open inspection periods on March 7, 8 or 11 from 8 a.m. to 5 p.m. To schedule an inspection outside of those days, contact Bob at 620.421.5510.

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 Y

New department to focus on customer development

Thu., Jan. 24, 2013 - 5 pm | York Hekel

Here at Purple Wave, we pride ourselves on delivering a full-service experience to our buyers and sellers. As our customer community expands, we continue to grow too. We recently created a group dedicated exclusively to providing a high level of phone and email-based service to potential customers. This new Customer Development Department serves as a liaison for new customers by ensuring they are comfortable with our bidding process. It also looks for ways to provide proactive customer support. The department currently comprises three full-time professionals, Jordan Sterling, Nicole Stieben and Sherri Lowry.

While we recognize we are an Internet auction company, we still see the value in having personal conversations with our customers to make sure they are equipped with everything they need to bid with ease and buy with confidence. We believe a personable and well-rounded auction experience helps our customers recognize Purple Wave as the easiest and most straightforward way to buy and sell used equipment.

Why does this matter to you? Purple Wave places a high value on continuing to develop and improve the experience not only for our sellers, but for our entire community of bidders. Whether you are a bidder or seller, from registering and bidding to buying and beyond, our customer development staff is here to help.

We look forward to hearing from you.

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Post by A

New Jersey rescue vehicles auction

Mon., Jan. 14, 2013 - 8 am | 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 an auction of rescue vehicles in New Jersey that will close on February 5. I going to speak with James Samarelli about these vehicles and why we’re selling them. Good morning, Mr. Samarelli, and thanks for joining me.

James Samarelli: Good morning, Aaron, how are you doing?

AT: I’m doing alright. Let’s start by talking briefly about the vehicles that will sell on February 5. Roughly how many of each type of vehicle are we going to be selling?

JS: Approximately four ambulances, four fire trucks, one six-wheel-drive FWD and four electric cars.

1988 KME firetruck

1988 KME firetruck

You initially contact us over a year ago about selling some equipment for you and we had initially listed these vehicles in an auction that was scheduled to close at the end of last November. Due to the impact of the storm, these items were halted and postponed until now. Tell me why you originally contacted us to sell these vehicles at auction.

I originally contacted you guys to sell vehicles at auction due to figuring out that you guys are the best auction company and were getting the highest price for the auctions – for the vehicles. I picked you guys out over a couple other, you know, many, many auctions. I watched you guys for a while – over six months. I watched what your vehicles were doing and that’s how I picked you.

It’s understandable that someone who simply sees the auction listing now might assume based on location that the storm damaged these vehicles and that’s the reason for the auction. Tell me where the assets were when the storm came through.

The assets were almost 25 miles away from any damage. They were stored at a secure lot – gated – with no water around them at all. They were secured at actually a forestry location, like I said, almost 25 miles away from the storm damage, and if anybody finds that there is any storm damage, I will refund their money fully.

Since these vehicles were not damaged by the storm, talk about their condition. What kind of shape is everything in?

Each one was a volunteer organization they were taken out of, so everybody knows the volunteers usually take care of the trucks better than the paid departments. I have been fire chief in Seaside Heights for over 20 years. I do know my vehicles. They are all maintained. They were all winterized and they are all ready to go. I would not have a problem driving them anywhere in the country.

Give me some details on a couple of the highlight vehicles in this event.

1969 Ford LB6-3317 flatbed truck

1969 Ford LB6-3317 flatbed truck

I have a 1969 FWD six-wheel drive with 1,700 miles on it. I also have four pumpers that are 1500-gallon-a-minute pumpers that are ready to go right into service. I also have four ambulances, also ready to go. Everything has been serviced, and you need to spend no money but just lettering them.

Where are these vehicles currently located and what would someone need to do to come and take a look before placing a bid?

You could come. You could contact me at my phone number, 732.904.6588. That’s my cell phone number. They’re on Route 9 in Bayville, New Jersey, right off the main highway – unaffected. You could come take a look at them any time. Just give me a few hours’ or a day’s notice when you’re coming, no problem. You could drive them, you could look them over – whatever you want to do.

Well it sure sounds like you’re being very accommodating to prospective bidders. How does the after-auction process work for winning bidders? Once payment has been made to Purple Wave, what can a buyer expect he’ll need to do to come and pick up one of these vehicles?

2003 Ford Econoline E350 Super Duty

2003 Ford Econoline E350 Super Duty

I will be accommodating as much as you can. You could take as long as you want to pick the vehicle up. You could have it shipped – I’ll meet the shipper there. I’ll help load. Whatever you need to do to pick the vehicle up – I can fax you titles. All the titles are clear and open. No ifs, ands or buts – I’ll meet you whenever it is.

Well, sir, it sure sounds like it would be difficult to find a seller who is more willing to work with bidders and buyers than you are. Would you speak to why you are holding this auction so soon after the storm?

As Hurricane Sandy came in, I spent 60 days working. I lost my house. I lost my wife’s business. I lost everything that I’d known. I put all my money in these trucks and this is all I have left. My home was destroyed, like I said. I probably have two or three years of rebuilding. We’re actually living at a friend’s house right now because I waited so long to rent homes, and if I do move I can’t take my children out of school right now – it’s the middle of the school year. So this is why I’m trying to put this auction on right now, to get my life back together.

Sir, is there anything else you’d like to say about the vehicles in this auction?

I just want to say that you’re not going to have any problems with them. You’re not buying junk. I hand picked them myself. Like I said, I’ve been with the fire department over 20 years. I know what I’m buying. The assets are pure and good.

Chief Samarelli with New Jersey Governor Chris Christie after Hurricane Sandy

Chief Samarelli with New Jersey Governor Chris Christie after Hurricane Sandy

I’ve been speaking with James Samarelli about the February 5 rescue vehicles auction. Thanks again, Mr. Samarelli, for joining me this morning.

Thank you, Aaron.

Bidding for this rescue vehicles auction is open now and will close on February 5 beginning at 1 p.m. eastern, noon central. If you have questions about the assets listed, or are interested in taking a look at any of the vehicles before placing a bid, contact James Samarelli at jamessamarelli@aol.com or 732.904.6588.

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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