Auctions in 2021: Here s what to look out for this year
While 2020 saw its auctions quickly transform from in-person to virtual, it s unclear if the same will hold true for 2021, or if the beginning of the end of COVID-19 will allow auctions to go on as they were pre-pandemic.
Mark Stock, co-founder of BigIron Auctions, licensed auctioneer and realtor with BigIron Realty, said auction hawks should expect to see less machinery for sale, although late-model tractors are making a comeback, selling with record highs. That s because manufacturing companies have slowed production due to COVID-19 and are still having to pick up a backlog of orders, making supply tight.