It will be done in a way that won’t sound too damaging for you but honest for the buyer. Plus, they can also think of the best way how to market your item by using the right keywords, product details, and descriptive captions. Moreover, they will know what kind of photo to use to boost sales wherein buyers would be able to look at it as if they are looking at your actual used industrial equipment. More importantly, you would want to partner with an auctioneer that knows how to keep your information safe and secure, without exposing sensitive information about you or your company.
Finally, in terms of payment, there are a lot of payment options available that the auctioneer may offer. However, make sure that you know all the details about each payment scheme and choose the one which you think suits you best. If you are planning to auction high-cost used industrial equipment or huge machinery, opt for auctioneers where you can use a trust service for payments or an equivalent. It serves as an escrow service wherein the buyer’s payment will be accepted and once your item has been delivered, you will receive the payment.
Or it could also be done in a direct contract through a written agreement with the auctioneer wherein you will arrange a payment scheme arrangement and leave all the works to them. In this way, you can simply wait for a successful bid in which a buyer has willingly place the bid and pays the price set by the auctioneer. Then you just receive the amount you expected as your original selling price, no more, no less.