Selling My Lab Equipment and Feeling Good About It

One of the questions you may often come across at your lab is “How do I sell my lab equipment?” Like selling anything in a secondary market it can be quite the jungle to navigate. You don’t know who to turn to or who you can trust. A host of questions arise when you start the process: What is my equipment worth? What should the payment terms be? How will I ensure I get paid? What is the current value of my equipment and how do I know the assessment is fair?

Like many things in life not all laboratory equipment brokers are made the same. That is because not everyone is just a broker. Like ice cream, we come in all different flavors and some are just downright better than others and some people just make better quality ice cream. To put it simple we are the best at what we do.  

When selling your lab equipment, the first thing to consider is reputation. Has the person I am working with been in business a long time? Being in business the longest may not be a sole advantage either as sometimes innovation can go a long way. Have I seen this company conduct an auction before and if so, how did it do? Did the items bring top dollar and if you purchased from that auction what was the quality of the equipment you received?

It certainly is confusing, to begin searching for a way to sell old lab equipment or sell your old scientific equipment. You will start hearing industry buzz words like guarantees, guaranteed payments, and a whole bunch of other lingo, which you will be sick of in no time. Anyone can slap a guarantee on a piece of paper or a box. That guarantee is only as good as the person behind it. It’s very easy to figure out- go look at our reviews and then look at our competitor reviews. You will notice they don’t have any reviews; people usually tend not to say anything if they don’t have much nice to say. You can also take a look at our reviews on Google and on the BBB. It should make it pretty simple to choose the best choice.

If you want to work with lab equipment resellers that are honest forthright and ready to work to a shared mutual benefit than you should just contact The Lab World. It is as easy as contacting us by clicking here or calling us at 617-999-5746.

We are an honest company that will bust their behinds to ensure that you make the most money, whether you choose a lab liquidation auction or want a quick buyout. It can be as simple as giving us a list of all your lab equipment, a quick video tour and some pics and within days we can be removing equipment and paying you or planning your top notch auction.  

Some sellers might have a little more time or want to take a little more risk with the current market. Like any market, lab equipment sales and auctions have ebbs and flows. Hitting an auction at the right time of month, around the correct schedules or just right in capital expense season can all make a difference. Just the type of equipment you are selling can fluctuate with the sub industry of lab equipment you are selling or even any novel changes in the type of assets you are selling.

At the end of the day one of the best feelings is to know that you sold your lab equipment or were able to close out your business and not feel taken advantage of. We would all love to get exactly what we paid for our assets, but unfortunately, like cars, equipment depreciates grossly the minute your purchase it. Like anyone we are working to make a profit, but we believe there is enough money to not be greedy and make everyone happy. All parties in the transaction can be satisifed if done right.  You make a fair return on your asset, we make a profit working for you, and our customer has a great new piece of lab equipment that can put to use in some wonderful new research.

The choice is simple.  If you want to sell your lab equipment or need a partner to help liquidate your lab auction style, then contact us or call us at 617-999-5746