IronPlanet® walks you through every step of the selling cycle, including post-auction transfer of title and payment.
We collect payment
After the auction, the buyer places funds into a custodial bank account managed by us specifically for the Beneficiary of Sellers.
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 an authorization to arrange equipment transport.
We make payment
The Final Sales Price less our commission and fees are remitted to the seller within fifteen business days after the date of sale.