Terra Point holds over 60 years of experience in heavy equipment and transportation sales including auctions, asset remarketing, fleet management and finance.
March 21 marked Terra Point's first sale on their proprietary live virtual auction platform. Featured items included earthmoving, excavation and material handling equipment, as well as trucks and trailers.
"We were blown away by the number of bidders and participation we had for this very first sale," said Terra Point CEO Tim Watters, "There was a lot of positive feedback from bidders about the design of the platform and ease of use."
The company announced in January 2018 that the relaunch of their website, terrapoint.com, would include a listings marketplace to buy equipment on demand and a live virtual auction platform where members could bid on equipment from anywhere in the world.
A free membership on Terra Point's website includes a host of exclusive features, such as watch lists, one-click auction registrations and fully integrated financing, shipping and warranty solutions. Terra Point also provides members with free unlimited access to their auction comparative indexer tool, Real Time Value.
"I appreciate all the support we have received from construction and transportation industry leaders. When building this new website, we really took the time to listen to key influencers to understand what they felt was missing from other platforms. I'm confident that this new platform has everything equipment buyers and sellers are looking for," said Watters. "Our goal has always been to be as transparent as possible with our members whether it's inspection reports or online fees. The buyers and sellers of our platform are colleagues, neighbors and friends - we want all parties to walk away feeling good about working with us.
"I would urge anyone that is looking to buy or sell equipment to join our movement! Sign up for a free account online and try out our new features. We're also holding our next Live Virtual Auction April 25 and we'll continue to have regularly scheduled online sales."
When asked what's next for Terra Point Watters said, "Grow, grow, grow! We are hiring new territory managers and national account managers every day. I could not be prouder of our team and how far we have come. I know our company has a very bright future."
Terra Point holds over 60 years of experience in heavy equipment and transportation sales including auctions, asset remarketing, fleet management and finance. To register for Terra Point's next Live Virtual Auction on April 25 or to view items for immediate sale in their marketplace, visit terrapoint.com or call 877-772-5998 for more information.