The Services We Offer
What does Global Tradedays do?
Through our website we aim to speed up and simplify the process of buying
and selling power and utility equipment, oil and gas leases, rigs and tankers,
airplanes, ships, heavy industrial equipment and international real estate.
How Long Have Global Tradedays Been Operating?
We started out in 1994 as a place on the web for those looking to buy and
sell oil and gas leases in the USA. Though those who run the company have
been involved in brokering industrial equipment since 1972.
Why Global Tradedays Auction Service Is Unique?
Our six-day option process allows the top bidder six days in which to
inspect the item they have placed top bid on, once satisfied they can
negotiate a final price with the seller.
How Does The Six Day Option Work?
Instead of bidding on the final overall price of a listing, buyers at our
auctions bid on the six-day option price. The highest bidder wins the
guarantee of a six day period of time to check over the auction item and
negotiate a final price with the seller without the risk of being outbid.
The option fee is paid to the seller; the buyer is in effect paying for
the auction item to be taken out of service for the six day time period.
What Are The Advantages For The Buyer?
Global Tradedays will administer the payment of the six day option fee,
leaving the buyer free to concentrate on inspecting the auction item. If
the buyer so wishes they can negotiate a longer option period with Global Tradedays(?).
What Are The Advantages For The Seller?
The seller sets an initial sale price or minimum bid level, which the buyer cannot
lower. The seller also benefits from the services of Global Tradedays in administering
the six day option fee. This ensures a smoother and more timely transaction.
What is the buyer charged?
A buyers premium of 1% of the sale price is charged, if though the buyer takes out a
sponsorship with Global Tradedays this can be as little as ½% (see below).
What is the seller charged?
The seller is charged 1% of a successfully completed auction, again as for the buyer
this fee can be cut to as low as ½% if the seller signs up as a sponsor with the site.
There is no charge to the seller for an auction that attracts no bids.
Who can participate in Tradedays?
All those registering to either buy or sell on Tradedays must have the neccessary industry
qualification from their home countries in the auction category for which they are bidding.
How To Become A Sponsor of Global Tradedays?
There are several levels of sponsorship fees listed on the globaltradedays.com site. These are
ranked according to value of the deals that a sponsor wishes to participate in.
The Advantages of Becoming a Sponsor.
1 You will know in advance what will be available at the auction.
2 You will only pay 1/2% commission instead of the standard 1% commission.
3 You will be able to participate in Global Tradedays auction category chat rooms.
4 You will be open to other global networking advantages as yet planned.
Extra Services
Global Tradedays is building the largest free database of industry contacts the world
over, take a look at our site to find out more.
Anymore Questions?
You can contact Hal MacClure of Tradedays at hal@cottagesoft.com. Further contact
details are listed on the site.