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.
Hereβs what they typically do:
π 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.
πΌ 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.
π§Ύ 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.
π¬ 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.
π Common Industries They Work In
- Construction and mining
- Manufacturing (CNC, metalworking, plastics, etc.)
- Agriculture
- Energy and transportation
π° How They Make Money
- Usually earn a commission (5β15% of the sale price).
- Some charge a flat fee or buy equipment outright and resell it at a profit.
