{"id":12236,"date":"2014-04-09T16:27:34","date_gmt":"2014-04-09T20:27:34","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/the-recession-and-auction-businesses\/"},"modified":"2022-12-01T05:59:58","modified_gmt":"2022-12-01T10:59:58","slug":"the-recession-and-auction-businesses","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/","title":{"rendered":"The Recession and Auction Businesses"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>The auction business has always been viewed as somewhat recession proof. When times are good, companies need to sell off old equipment to make room for the new. And when times are bad, companies need to sell off old equipment to pay the bills. But in this long-lasting recession and slow recovery, some auctioneers have noticed that this old rule doesn\u2019t necessarily hold true. Struggling businesses still want to sell their equipment, but other struggling businesses don\u2019t have the money to buy it or don\u2019t have the need for it.<\/p>\n<p>A lot of NEBBI members are auctioneers who have found that a CMEA certification does a lot to help their business. So we want to hear from our auctioneer members who also hold a CMEA certification. How has the recession affected your business? Have you noticed fewer people buying? Or has it been business as usual?<\/p>\n<p><i>The<\/i><a href=\"http:\/\/www.nebbinstitute.org\/\"><b><i>NEBB Institute<\/i><\/b><\/a><i> endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery\/equipment appraisal and brokerage.<\/i><\/p>\n<p>By:<a href=\"https:\/\/www.certitrek.com\/nebb\/\"><b>NEBB Institute<\/b><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The auction business has always been viewed as somewhat recession proof. When times are good, companies need to sell off old equipment to make room for the new. And when times are bad, companies need to sell off old equipment to pay the bills. But in this long-lasting recession and slow recovery, some auctioneers have [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12236","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Recession and Auction Businesses - NEBB Institute<\/title>\n<meta name=\"description\" content=\"A lot of NEBBI members are auctioneers who have found that a CMEA certification does a lot to help their business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Recession and Auction Businesses\" \/>\n<meta property=\"og:description\" content=\"A lot of NEBBI members are auctioneers who have found that a CMEA certification does a lot to help their business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-09T20:27:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-01T10:59:58+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"The Recession and Auction Businesses\",\"datePublished\":\"2014-04-09T20:27:34+00:00\",\"dateModified\":\"2022-12-01T10:59:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\"},\"wordCount\":453,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-recession-and-auction-businesses\/\",\"name\":\"The Recession and Auction Businesses - 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