This is the first leg of what will be an auction anywhere two ways. Anywhere in the US physically as we will be doing it from city to city, and anywhere via MADE/AWG Simulcast.
We are working day and night to get the integration done and
ready for the first MADEaa.com event. There are many details to be
finished coordinating the different technologies we have brought together so
you have a great experience. The listing should be up over the weekend so
you can dig in.
You will see the UCR/Pricing on Monday 2 December by
going to MADEaa.com. I know that is too short of time prior to the sale
but get used to it. Every time we have enough units to be a big enough
magnet to attract enough eyeballs to have a critical mass sale, we’re pulling
the trigger. You will decide if you are coming in to the auction to join
us or will dissect the inventory listed and start placing your
proxies. And don’t forget that the cost of sale fee is less than
half the cost per transaction we experience today. Of course we prefer to
have you in the lanes. But we created MADE remarketing recognizing the fact
that the lanes often are too far, too time consuming and are an inefficient way
to find inventory that matches your specific needs.
For this initial sale we are post-sale inspecting all units
offered. The Columbus Fair Auto Auction Staff are going way out of their
way to accommodate the event. It is because they are just as convinced as
I am that MADE is the “next generation” in our world. Also, we have
joined hands with them because I want to bring some of our inventory closer to
the loyal buyers we have in that part of the country. So many dealers
tell me they just can’t come that far to do business. My response is,
“use simulcast”. Their response is, “but the units don’t fly here we
still need to get the out here, plus the fees kill me”. So here we are
physically and via MADE/Simulcast on the internet a step closer to you.
I want to get a few points in the open so you understand the
impetus of MADE. In short, MADE is an industrial strength platform
designed by the trade for the trade. MADE exaggerates the definition of
transparency with the Universal Condition Report, market driven pricing…(prices
are all listed prior to sale on the UCR), and fees that are a throw back in the
time machine. You remember, when a fee was something you could absorb and
overlook as opposed to be something equivalent to your net profit…remember that?
Those old time fees are back and will remain intact until you read my
obituary. Fundamental premises of MADE is to exaggerate the beauty of the
auction which we all love, not emasculate it. But not waste time with
illogically arranged listings. We want to logically expose inventory to
buyers, eliminate barriers created with policies that have nothing to do
with transparent buying and selling. MADE empowers the buyer and
seller with tools that exaggerate transparency, thus trust, and enables
the market to flow. We want buyers to view our live market pricing
listed on the UCR and compare it to any book or guide you use
today. We do this to exaggerate transparency and eliminate fear.
The validation of other professions bidding within the range will help all
participants recognize the value and soon depend on it when placing proxy bids
or buying on the fly.
Separate from making the buyer’s experience cost less
and more transparent there are other real benefits. By matching
the units you are looking, your buying profile, to logical
groupings of inventory the time you waste wearing a raccoon tail hat like
Daniel Boone hunting in the wilderness of “buy it now” meshugas, feeling like a
retail customer, we let you hit and run buy looking specifically at what is
logical for your inventory. Part of the logic of this, and very
important to the MADE process is every unit gets condition/price qualified so
the buying experience is not frustrated. The inventory that makes
it to MADE is going to be sold. The MADE mantra is based on
my (Robert Hollenshead’s) theory which is quite simple. “What we
own them for has no bearing on what we sell them for, some are more and many
are less. We don’t make the market, we sell to
the market, live (or die) by the auctioneer’s hammer. The only
Buy It Now button you will find at MADE is the one that says you
bought it out of the auctioneer’s mouth, “you bought it, sign up”.
The emergency of the moment,” all in and all done, sold”, will be.
More coming later today. In the meantime, in between
time Be a MADE MAN (or Woman),
Get MADE