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What does a Machinery Broker do?

A machinery broker acts as a middleman between buyers and sellers of industrial equipment or heavy machinery β€” kind of like a real estate agent, but for machines.

Here’s what they typically do:

πŸ” 1. Source and Evaluate Equipment

  • Find used or surplus machinery for sale (from manufacturers, contractors, or liquidation sales).
  • Inspect and verify condition, specs, and operational status.
  • Sometimes arrange for reconditioning or certification.

πŸ’Ό 2. Match Buyers and Sellers

  • Maintain a network of buyers (e.g., factories, construction companies, machine shops).
  • Match those buyers with equipment that meets their needs.
  • Negotiate terms, pricing, and delivery.

🧾 3. Handle Sales Logistics

  • Prepare purchase agreements or bills of sale.
  • Coordinate shipping, rigging, or installation.
  • Manage payment and escrow arrangements to protect both parties.

πŸ’¬ 4. Provide Market Guidance

  • Advise clients on current market values for specific machines.
  • Help companies liquidate excess equipment efficiently.
  • Sometimes appraise equipment for insurance or financing.

🏭 Common Industries They Work In

  • Construction and mining
  • Manufacturing (CNC, metalworking, plastics, etc.)
  • Agriculture
  • Energy and transportation

πŸ’° How They Make Money

  • Usually earn a commission (5–15% of the sale price).
  • Some charge a flat fee or buy equipment outright and resell it at a profit.