GLENDALE, Calif., Nov. 17, 2016 /PRNewswire/ -- RepoKar.com formally announced today that they are in negotiations of buying out Public Auction Finder and Auction Media Group, both private companies promoting private auctions and auctioneers nationwide.
When these negotiations push through, RepoKar will further grow their already large network of online auctioneers by reaching out to a bigger audience who also liquidates other types of property.
While RepoKar is still the nation's leading online auto auction site that provides car dealers a safe online platform, the staff at RepoKar believe that they are providing an essential service to businesses that need urgent sales of their inventories. This expansion from the auto sales industry industry to other auctioneers is a way to tap into a market with different needs.
The prospective auctioneers on RepoKar, similar to car sellers, will have three options on how to liquidate their inventories: buy now option, auction, and make-an-offer. A buy now option is an as ease non-negotiable purchase. But a sale by auction creates competition allowing buyers to bid against each other. Similarly, make-an-offer option builds excitement by allowing buyers to negotiate the price with the car seller.
When it comes to generating sales events, auction houses need to generate a big buzz to compete with other dealerships and private sellers. RepoKar is the perfect platform because they already have all the established tools, such as social media, print media, and other forms of advertising, to assist auctioneers with their much needed publicity.
RepoKar has developed their strategy to assist sellers, both private and public, with reaching out to a diverse market looking to purchase quality goods at great prices. When auctioneers share their inventories on RepoKar, it is automatically posted to 100s of websites and social media platforms.
With RepoKar.com's services, certified sellers will:
- Gain more trust from buyers, because they know RepoKar is a reliable brand;
- Be confident selling their inventories because all RepoKar users are verified;
- Own a personalized website that is packed with SEO and SMO strategies to increase their website's traffic;
- Receive free advertising on RepoKar.com and Car-Liquidation.com, the largest car selling network;
- Increase their online visibility; and
- Enjoy the profit they will gain through the multiple selling options on RepoKar
When negotiations with Public Auction Finder and Auction Media Group come to fruition, buyers from all walks of life will find amazing auctions from real estate, automobiles, and jewelry. RepoKar.com and Car-Liquidation.com will become the nation's number one source of people's auctioning needs.
For more information, visit RepoKar.com or call at (800) 946-0890.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/repokarcom-is-expanding-announces-buy-out-of-private-auction-companies-300365052.html