Liquidation Auction returns excellent financial returns with Europe wide online activity!

25th November 2013

Liquidation Auction returns excellent financial returns with Europe wide online activity!

Saturday 23rd Nobvember saw large crowds attend the unreserved auction of Triangle Engineering Company Ltd in Administration.  The auction which was ran with the innovative i-bidder system which allowed buyers from as far away as Bulgaria and as close as Ballymoney to bid online in real time helped to increase returns for the administrator and the companies creditors. The ibidder system can be ran from anywhere with a broadband or 3G phone signal.

"This new system has fantastic potential as the auctions are marketed to a worldwide audience of auction buyers registered with I-Bidder, it does not rely on in-house databases which only contain past buyers"