Keeping overhead low and margins high is critical for every contractor in Florida. More like worldwide. Following balance in how costs are handled helps them maintain projects aligned with the client’s budget. This also impacts quality and how the entire process is handled.
But how can they achieve this, considering that inflation and prices are taking over?
Tapping into liquidation tools for contractors and bulk construction equipment liquidation deals is the #1 option.
When sourcing surplus goods, you access overstock, government items, second-hand elements, and discounted items. This helps you save resources in the materials and products you acquire for your construction project.
By accessing discounted power tools, liquidation, and equipment, you can reduce overhead by up to 50% off retail. Many contractors in Florida have even experienced higher percentages and reductions.
Coastal Surplus Solutions knows this well as we work on sourcing surplus goods, connecting with items, and all materials. We help contractors find the perfect pieces and go over the best results.
What we want to do today is to give you guidance on how to find the best deals as a contractor. For this, we review the top platforms and how you can maximize your savings.
Platform 1: GovDeals – Surplus Government Equipment
Not many people know that government surplus exists.
Not only do they exist but also bring great benefits and allow you to access discounted products and equipment.
GovDeals is a leading online auction site for them. You can tap into the platform and seek for contractor surplus inventory deals, which bring major benefits in quality and prices.
You can find anything from vehicles and construction equipment to a wide range of tools and specific pieces.
Construction equipment alone ranges from pieces of retired public agencies, municipalities, and schools that don’t utilize it anymore.
Can you actually find the items you need?
Anything from power tools to specialty gear and machinery can be found.
What you must remember is that item and equipment conditions can vary. This makes it important to inspect opportunities and listings.
If it is so variable, why rely on it?
Government surplus is typically well-maintained and sold at a fraction of retail cost.
Auctions are also transparent and help you access different pieces. You can even inspect most of the items in person or view detailed information and photos of the deals before bidding.
According to USAGov, government auctions can include a wide range of items, from laboratory equipment to power tools. Vehicles and construction gear are also included on the list. This makes them versatile and an amazing source for contractors.
Platform 2: IronPlanet – Heavy Machinery Auctions
While GovDeals offers a wide variety, it can be lacking in larger equipment and machinery.
For this, IronPlanet is a safe bet since it offers a premier online auction marketplace. This specializes in heavy machinery and construction assets.
Being able to find excavators, loaders, bulldozers, and cranes makes it unique. You can also bet on light equipment and different pieces.
In fact, IronPlanet ranks as one of the best liquidation sites for contractors. It is all thanks to its reliability, brand-name equipment, and deep discounts.
The best part is that they offer verified inspection reports and transparent bidding process. This ensures you have access to all the relevant information and can invest with—almost—your eyes closed.
Bonus Sourcing: Local and Online Tool Liquidators
While platforms and large suppliers seem like the best option, they vary.
Not everything can be found in those places only, and you can definitely benefit from other sources.
Specialized tool liquidators like Tools Liquidation Colton offers discounted power tools for liquidation. All of them from top brands such as Milwaukee, DeWalt, and Makita. The best of it is how you can find discounts from 30 to 70%.
The same happens with other local liquidators.
They often focus on contractors around the area, but not really outside of it. this limits their reach, but brings more benefits for you.
If you are looking for open-box, overstock, and refurbished variations, these outlets are a safe bet.
Tip: Bid Offline to Avoid Price Inflation or Extra Expenses
Online auctions are bidding wars. They are difficult to handle and you always have to worry about inflated prices.
However, when you use offline bidding methods, you can avoid price surges easily.
Some of these methods include mail-in birds and in-person auctions. Since they cannot be changed easily, prices remain the same in most cases.
How to Access the Best Liquidation Deals
Coastal Surplus Solutions connects you to the best liquidation deals in Florida.
We help you keep expenses low, work on acquiring bulk construction equipment liquidation items, and much more.
We are experienced in sourcing surplus and leveraging liquidation tools for contractors.
Feel free to contact us and have your entire project saved in costs.
