How It Works

We connect qualified buyers and sellers quickly and facilitate successful transactions.

The following steps describe the process involved in buying and selling used machinery and surplus equipment or materials on Veracity Connect.

Each party's role and respective actions are outlined below.

Join

Buyer: Register for our Mailings


Seller: Register your account with us

Veracity: Verify new members, welcome and orient new members

Listings

Buyer: Search listings, "Request Quote", to receive listing via email


Seller: Send listing details, agree terms with Veracity

Veracity: Confirm listings, assist as needed, market all listings, supply or share sales agreement

Pricing

Buyer: Make offers


Seller: Review offers

Veracity: Communicate offers, insight on fair market value, facilitate negotiations

Agreement

Buyer: Negotiate with seller and agree to pricing and Terms and Conditions


Seller: Accept best offer

Veracity: Agree Terms and Conditions

Payment

Buyer: Send payment to Veracity Connect


Seller: Receive payment less agreed commission

Veracity: Receive payment from buyer, issue receipts, send payment to seller

Delivery

Buyer: Receive or pick-up items


Seller: Ship items or ready to pick-up

Veracity: Removes sold listings, connects buyer/seller to arrange delivery

Questions? Contact us or review our FAQ
View Veracity Asset Services Inc profile on Ariba Discovery