Unlike traditional live auctions or eBay online only auctions, Rasmus brings you a piece of every aspect of the auction buying experience. We are a little bit traditional (with previews and pickups), a little bit eBay (online bidding), and something altogether different (event based, photo catalogs and credit card only payments).
Even if you’re familiar with our auctions, take a look around, you will likely find information about our process, policies or techniques which will help you better navigate the site and have the best bidding experience possible.
If you need additional assistance, our customer service team will be more than happy to assist you.
Please note: Anytime you see a (+) symbol just click on it to expand the selection for more information. The “helpful links” are really helpful.
Liquidations are special events with unique methods of merchandising and marketing which have been refined by liquidators and auctioneers for hundreds of years. Our methods create a competitive bidding environment that pits the bidders against each other rather than the Seller.
Many of the innovative marketing and merchandising techniques we employ have been developed by Rasmus. Our pioneering use of online marketing, online presentation and online sales allows Rasmus to provide solutions with unprecedented speed. Your project can benefit from our ability to quickly prepare and present your assets for sale in record time.
The key to maximizing the success of any personal property liquidation is to provide the purchaser with complete product information and to conduct the sale in a manner which promotes comfort, flexibility and confidence with the purchase decision.
In our business every client is different. Each liquidation event has a unique beginning, middle and end. We treat each event like one-time-only cannot miss opportunities to encourage the best price for our clients. Below is a listing of event types.
Let us help you choose the perfect fit.
Unlike eBay or craigslist, which sell a single item to a single buyer, rasmus.com is an event based liquidation site and each event sells many assets to many buyers. Each auction has a set location, preview, closing and removal.
From the time you decide to liquidate your excess assets until you turn the empty space over, Rasmus provides the evaluation, identification, marketing, sales, transaction and site management to assure a turn-key, low impact success. Sellers only need to identify items to be liquidated (or not), then Rasmus can independently manage every aspect of the liquidation process.
Clients with fewer assets often appreciate the flexibility to prepare their own inventories and manage their own inspection and/or removal. Rasmus assists in this process by providing an inventory application, which can be used on any Apple product or web browser, as well as barcode labels for all sale items.
The self-supervised event benefits from all of the marketing and sales resources of Rasmus.com, while reducing the cost to the client. An added benefit of the self-supervised event is that the seller maintains control of the production, sale, and removal schedule.
Many times organizations want employees, sub-tenants or associates to have the exclusive opportunity to purchase assets. Rasmus provides multiple solutions to assure the buying experience is fun, fair, efficient and appreciated.
In some circumstances, assets are best suited for bulk sale in their entirety to a single purchaser. Rasmus can provide a sales solution that assures the Seller achieves the most commercially reasonable sale within the framework of the schedule and removal requirements.
The relocation, redeployment and liquidation process depends upon having accurate information to make good decisions. Rasmus can quickly prepare detailed asset inventories complete with barcodes, digital photos, description, manufacturer, model, serial numbers and location codes. Reports are available in both spreadsheet and fully searchable online form, allowing clients from across the country to collaborate in real time to refine inventory allocation decisions.
The low impact and flexibility of the internet only sale affords Rasmus the ability to provide an infinite number of solutions customized to the unique requirements of our clients.
Rasmus will interview you regarding the specifics of your project then prepare a schedule and tailored sales solution.
Rasmus will forward a letter of agreement outlining the details of sale.
Rasmus will provide staff and/or materials necessary to prepare a detailed inventory. The identification process can be completed by either Rasmus staff or the seller.
Rasmus prepares the event details and inventory for posting to the web. Each event is featured by closing sale date and has unique terms of sale. Most events are posted with 1-3 days of the identification process.
Once the event is posted to the web, the inventory is fully searchable for preview and immediate bidding. While the bidding phase can be as short as a few hours, we recommend a preview/bidding period of 10-14 days for maximum success.
The marketing plan begins by utilizing a combination of direct mail, newspaper, online newsletters, telemarketing, web promotion, online advertising, social media and press releases immediately upon posting.
While not strictly required, most events include a one day presale inspection or open house, staffed either by Rasmus or the seller. The inspection is usually conducted one or two days prior to the event closing.
The event will begin closing online starting with the first catalog item and continues 3-10 items per minute until all items have been sold. Rasmus utilizes a dynamic closing system which automatically extends the closing time on any item which is being actively bid upon. Most events conclude within 2-6 hours.
At the conclusion of the sale, all bidder transaction are automatically processed for payment and sales receipts are e-mailed to the winning bidders.
The removal is supervised by either Rasmus staff or the seller. Buyers come prepared to disconnect and remove assets. Most purchasers use professional movers. Removals can be scheduled during the day, evenings and/or weekends. Rasmus can coordinate and supervise all aspects of the removal with building management. Most removals require 1 or 2 days, either from 9-5 or 6-11 PM.
With the conclusion of the removal Rasmus prepares a detailed reconciliation with complete inventory, bidding history, revenue, costs of sale and proceeds disbursement.
After delivery of the reconciliation report and sale proceeds, Rasmus will conduct a closing interview.
Rasmus evaluations are free of charge. Having sold millions of items for thousand of clients, most projects can be evaluated with just a brief telephone interview. If an onsite visit is required, it can usually be scheduled within a day or two.
After our initial conversation, you are welcome to forward photos and spreadsheets by email. Rasmus also has a public FTP (file transfer protocol) site which allows seller to transfer large files with ease and efficiency.
No, project evaluations do not require written, line item appraisal reports. One of the many consulting services we provide are formal written appraisals, less formal letters of opinion and complete barcoded and photographed asset inventories.
If you have a valuation project which requires detailed identification, valuation, strategizing and testimony, Rasmus can provide detailed appraisal reports in as little as 7-10 business days
Yes. Certain assets are well suited for individual sale. Value is the primary factor in determining the viability of a project. Examples of individual items suitable for sale include telephone systems, large generators, trucks and vehicles.
Yes. Many of our Fortune 1000 clients liquidate assets from multiple locations simultaneously. The online sale provides complete flexibility to sell assets on different floors, in different building or in different parts of the country.
Our fees are flexible, and scaled to match the needs and resources of our clients. Fees are a function of many factors including: total value of your assets, number of items to be sold, quality and condition of items, marketing time available for sale and removal, location of the assets and removal requirements dictated by the landlord or clients schedule.
We have an infinite number of solutions from extremely affordable self-supervised sales to full service turn-key liquidations. Our initial call or visit will allow us to summarize your requirements and provide you with an immediate quote.
Rasmus lives in a world of inventory. Every item sold receives a unique inventory number, barcode label, complete description, location code and digital photograph. All information is posted online and can be viewed 24/7. Inventory items are added, edited, removed, sold, delivered and reconciled based upon the inventory control number and detailed item description.
At the completion of the removal process, the final reconciliation report and distribution of proceeds is generally completed within 15 business days.
Rasmus holds all proceeds in an escrow account. Final disbursement is made by FedEx company check.