About BidItUp - Company Info

FAST FACTS ABOUT BIDITUP Auctions Worldwide

Overview:
BIDITUP Auctions Worldwide is a global leader in asset conversion and provides auction, real estate, and appraisal services to a comprehensive array of markets. Services feature on-site auctions, live BidCast webcast auctions in real time, and online auctions. BIDITUP sells individual or aggregated assets across the globe, 24 hours a day, seven days a week. Whether selling an individual asset, inquiring as to the value of business assets, or liquidating an entire operation, BIDITUP prides itself on matching buyers and sellers to maximize value. Today, BIDITUP Auctions Worldwide is recognized as one of the world's leaders in the auction industry.

Real Estate Services:
BIDITUP also delivers a range of real estate services and will act as a principal to purchase, auction, or list real estate in conjunction with committed partners. BIDITUP provides property appraisals/valuations, but most importantly, streamlines the disposition process for clients.

Then & Now:
Established: 1977 - Current Headquarters: Los Angeles, California.

BidCast Webcast:
BIDITUP provides an innovative way to participate in auctions if unable to attend in person. BidCast webcast auctions are traditional on-site auction events, except that bidders from around the world may participate by competitively bidding in real time with bidders on the factory floor. All that is necessary is a computer, Internet connection, and telephone. Assets can be viewed online prior to the auction, and the bidder will be guided through them one-at-a-time by the auctioneer on the factory floor.

WWW.BIDITUP.COM:
The website serves as an extension of the business and increases the visibility of assets. Visitors search auction inventory, learn about upcoming auctions, view auction results from the past 36 months, participate in live BidCast webcast auctions in real time, register for auction alerts via email, and review media coverage. Since auctions are held globally, visitors can access information in Chinese, French, German, Italian, Japanese, Korean, Portuguese, and Spanish.

History of Auctions:
The word "auction" first appeared in the Oxford English Dictionary in 1595, and the London Gazette reported that artwork was auctioned at coffeehouses and taverns. The great auction houses began in the 18th century: Sotheby's in 1744 and Christie's in 1766. In America's early days, auctions were used to liquidate estates; and in the Netherlands and Germany, auctions were used to sell fruit, vegetables, and fish to the highest bidder.

Who We Serve:
BIDITUP's clients represent a myriad of industries: aerospace and defense, chemical, commercial and industrial manufacturing, computers and peripherals, consumer goods, electronic equipment and components, fabrication and machining, printing and publishing, rubber and plastics, technology, telecommunications, and transportation; the legal and financial communities of accountants, attorneys, trustees, financial institutions, and secured lenders; and the corporate community.

Competitive Advantage:
BIDITUP will purchase your assets for cash or provide a guarantee or commission.

For more company information about BIDITUP, please contact us at (818) 508-7034