Contractors and housing starts

25 09 2007

Does your construction business operate in a market where you are experiencing a decline in construction starts?  Or is your market strong?  If you’re in the United States or Canada it certainly depends on what state/province of the country you are in; or which markets you serve.  Some areas might be booming and need to source machines for upcoming projects (such as here in Western Canada) while other areas may need assistance disposing of surplus machines.

A myriad of major news sources reported on September 19th that “US Housing starts fell to their lowest level in 12 years last month, while permits for new construction also declined, pointing to a further weakening of an already battered housing market.

Washington Post – http://www.washingtonpost.com/wp-dyn/content/article/2007/09/19/AR2007091902243.html

CNNMoney – http://money.cnn.com/2007/09/19/news/economy/housingstarts/?postversion=2007091909

If your jobsite is full of Caterpillar dozers, John Deere excavators, Komatsu wheel loaders, Volvo articulating trucks, Case backhoes, or Bobcat skid steers …

1. Look to online marketplaces (such as http://www.usediron.com/) to dispose of machines to a large audience of buyers…

2. Talk to your local dealer to consign machines (try www.aedauthorized.com/ for factory authorized dealers… or call the dealer you know best)

3. Contact an auction company that is active in moving machines globally (175 auctions a year with Ritchie Brothers http://www.rbauction.com/)

For some who you operate in a market where general construction is booming (such as our backyard in Vancouver, British Columbia, Canada), you may be in need of sourcing machines… try those same three options listed above!

Since our Blog is titled the future of heavy equipment marketing, we feel that online marketplaces will continue to be a solid means of connecting buyers with sellers (and vice versa).  If you use an online marketplace… we would suggest a couple things:

1. When procuring machines, the door should be wide open allowing you to communicate and deal directly with the seller

2. If you’re selling, the advertising rates should be competitive and no commissions should be charged

3. Ask for details on traffic from the marketplace as many might claim to be able to drive traffic and leads but it’s always nice to see proof (note: at Point2 we post UsedIron.com’s monthly traffic numbers on our Blog …see August stats – https://manager.wordpress.com/2007/09/05/usediron-august-stats/ )

4. Do some searches on Google (and other search engines) to see how the marketplace ranks

Call or email us today if you have any questions or would like to discuss any of the options available in procuring or disposing of machines. 

Chester Hagen

Vice President Sales

Point2 Technologies Inc. – http://www.point2.com/
888.955.7900 toll free || 306.955.1855 outside N.A.
We create innovative technologies that empower our customers to lead their field  

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