Ritchie Bros. attracted more than 11,200 online bidders to compete for more than 6,000 items, generating more than $64 million in gross transaction value at its final auction of the year in Houston.

Approximately 87% of the equipment in the Nov 8 – 10 auction was sold to U.S. buyers, including 44% purchased by texans. The remaining 13% was purchased by international buyers from Thailand, Egypt and Great Britain. Auction highlights included all assets were sold without minimum bids or reserve prices, including  more than 1,600 transportation assets, 1,100 construction equipment assets, more than 1,000 agricultural assets, more than 600 lifting & material handling assets and more.

“We had great weather and a lot of interested bidders inspecting equipment onsite ahead of the sale, resulting in strong competition through all three days of the auction,” Chuck Roberson, regional sales manager, Ritchie Bros., said “This was our last Houston auction of the year, but we still have a ton of buying and selling opportunities, including an onsite Fort Worth, TX auction on Dec 13 – 15, weekly IronPlanet events, our daily marketplace-e solution and Ritchie List.”

Five Big Sellers from Houston:

• 2017 Mack GU714 concrete pump truck – $410,000
• 2005 Terex HC275 crawler crane – $310,000
• 2015 Grove RT 880E 80-ton 4x4x4 rough terrain crane – $270,000
• 2020 Vermeer D23X30III directional drill – $250,000
• 2019 Caterpillar 336 hydraulic excavator – $185,000

Auction Quick Facts: Houston, TX (November 2022)

• Gross Transaction Value: more than $64 million
• Items Sold: more than 6,000
• Bidders: more than 11,200
• Consignors:  more than 700