Ritchie Bros. sold more than $48 million in equipment at its recent Houston auction, which was held from Aug. 24 to Aug. 26. This followed sales of more than $50 million at the company’s auction in Fort Worth, TX, in July and sales of more than $99 million for Barrilleaux earlier this month.

The company’s latest Houston auction attracted a site record of more than 12,250 bidders from 66 countries. Approximately 88% of the equipment was sold to U.S. buyers, including 40% sold to Texans, while the remaining 12% was purchased by international buyers from countries such as Australia, Israel and Peru. Leading up to the auction, Ritchie Bros. experienced a 26% increase in online equipment views per lot, while item watchlists were up 14%.

“We continue to drive strong prices in 2021 across nearly every single asset category, exceeding customer expectations and resulting in a lot of satisfied consignors,” Alan McVicker, regional sales manager for Ritchie Bros., said. “Now is a great time to sell and we have a ton of opportunities, including our weekly featured IronPlanet events and Marketplace-E. Our upcoming Texas site auctions will be held in Fort Worth next month and our final Houston sale of the year will be in November — contact us to sell today.”

Five Big Sellers

• 2014 Tadano ATF70G-4 75-ton 8x8x8 all-terrain crane – $405,000
• 2016 Soilmec SR30 crawler drill – $255,000
• 2017 Volvo L180H wheel loader – $160,000
• 2014 Caterpillar 336EL hydraulic excavator – $132,500
• 2019 Freightliner Coronado 122-day cab T/A truck tractor – $120,000

Auction Quick Facts

• Gross Transaction Value (GTV): More than $48 million
• Total Registered Bidders: More than 12,250
• Total Number of Lots: More than 3,850
• Total Number of Consignors: More than 600

Ritchie Bros. will sell more than 50,000 equipment items and trucks in its upcoming auctions and online marketplaces, including more than 2,200 items in Phoenix on Sept. 1, more than 2,500 items in Orlando, FL, from Sept. 2 to Sept. 3 and more than 1,600 items in a Southeast regional event from Sept. 9 to Sept. 10.