CORPORATE & INSTITUTIONAL

Corporate & Institutional Auctions

Structured auction services for surplus, obsolete and redundant organisational assets.

SERVICE OVERVIEW

Professional support built around a clear process.

Businesses, NGOs, institutions and other organisations often accumulate assets that are no longer required. Auctioning these assets can create a transparent disposal route while giving buyers access to equipment, vehicles and other useful assets.

What this service covers

Fleet & Transport

Cars, trucks, vans and other fleet assets that have reached disposal stage.

Office Equipment

Furniture, computers, equipment and other office assets where disposal is authorised.

Industrial Equipment

Machinery, tools and operational equipment that are surplus or redundant.

General Surplus Assets

Mixed asset lots prepared for auction according to the owner's disposal requirements.

How the process works

The exact requirements can vary by assignment, but the typical FANSA process follows these stages:

01

Asset Review

Review the organisation's asset schedule, disposal objective, ownership information and internal authorisations.

02

Asset Preparation

Organise, group and describe assets so that buyers can understand the lots being offered.

03

Marketing & Viewing

Publish the auction information and coordinate viewing opportunities for prospective buyers.

04

Auction & Bidding

Conduct registration and bidding according to the published conditions and the client's approved disposal instructions.

05

Sale Reporting

Communicate sale results and support the required post-auction documentation and collection arrangements.

Important: Organisations should ensure that internal approvals, ownership records and disposal authorisations are in place before assets are offered for auction.
READY TO DISCUSS THIS SERVICE?

Contact FANSA with the asset details, your objective and any relevant auction instructions.

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