25E - AGMT - BROKER SERVICES - Laserfiche WebLink

Home Browse Search

SERVICE CAPABILITIES In 2001-2002, Firetec sold over 20 units for the City of Las Vegas, Jennifer was account manager, and the sales garnered over $1,5 million. Fairview Valley FD in Apple Valley, CA has been utilizing our service in 2011/2012. To-date, we have sold 5 units for a total of $347,000. This Is on-going, Generally speaking, large governmental agencies do not have the awareness or willingness to strive for fair market value on their fleets. The easy way Is to send them to auction, and that is what tends to happen. Firetec's sales of approximately 200 annually, represent single sales for close to 200 different municipalities or VFDs each year, It is not often that we see entire fleets on the market. Normally, departments retain us to sell individual units or pairs as they become available. We recognize that Santa Ana's situation is somewhat unique and believe we can help. To place apparatus from fleets, our intent is to sell the most desirable units directly to departments, for top dollar, and while remaining open to offers from dealers on multiple units. Dealers will readily recognize the city's apparatus on our website and will call us, or may even try to reach city directly, to find out what kind of deal they can get. We have the ability to assess the value of the pieces, the likelihood of sale, and will advise the city accordingly when offers are presented, The arrangements are simple: an agreed upon commission is established, and we find the buyers. 2. Firetec is the only full time used apparatus broker in America, with the sole mission of blanketing the market with news of available apparatus and selling it for fair market value as fast as possible, if Firetec cannot place a piece with a fire department, it is not likely salable to a fire department. The timefrome involved depends on the condition of and demand for the apparatus, as well as whether the asking price is reasonable, given those two factors. 3. Firetec has not been privy to enough details on the apparatus to be able to establish a timeline for each. We welcome the opportunity to discuss each piece in greater detail. Desirable apparatus sells fast, Less desirable apparatus takes time. A very rough average would be four months. It is notable that the city is permitted to cease advertising through Firetec at any point, and unload via auction. Or, if some apparatus is difficult to move, Firetec could set a deadline for offers, but that is not recommended as the ideal first strategy. 4 25E-13 1