Online data exchange designed for used equipment trade

May 23, 2012

AuctionPriceResults, Akron, Ohio, has established a searchable database at www.auctionpriceresults.com that provides real-time, actual auction pricing on five categories of commercial equipment: lab/medical, industrial machinery, agriculture/construction, truck/trailer, and food service/production.

The database contains thousands of comparable values of equipment sold at auction worldwide. The data is compiled through the company's proprietary algorithmic search software and the reporting of hundreds of associated auction houses so that users of the database get the price that buyers are willing to pay for the equipment in real time.

Users of the database are linked simultaneously to the company's proprietary BuyerFinder&serial;, a free search engine that finds equipment being offered by sellers and at upcoming auctions. Users can save searches and are notified by e-mail of any new activity matching their searches.