Sale, transfer & payment

Sale, transfer & payment

IronPlanet walks you through every step of the selling cycle including Post-auction checkout and payment.

  1. We collect payment - After the auction, the buyer places funds into a custodial bank account managed by us specifically for the Beneficiary of Sellers.

     

  2. You release the equipment - Once the funds are deposited from the buyer, you will receive a notification to release the equipment for shipment. The buyer will also receive a transportation authorization to arrange equipment transport.

     

  3. We make payment - The Final Sales Price less our commission and fees are remitted to the seller within fifteen (15) business days after the date of sale.