Sale, transfer & payment

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Sale, Transfer & Payment

IronPlanet® walks you through every step of the selling cycle, including post-auction transfer of title 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 an 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 business days after the date of sale.