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50 years of auctioneering

Excellence in Auctioneering and Appraisals

Erkelens & Olson (E&O) is a third-generation auction, appraisal, and marketing company with nearly 50 years of professional experience. As a leader in the auction industry, E&O conducts weekly auctions for a wide range of assets, including real estate, business liquidations, government surplus, bank and credit union repossessions, heavy machinery, vehicles, jewelry, charity items, and more. We believe that the auction method is the most transparent way to determine the true value of assets, which is why all our auctions are open to the public.

find us online

+

50 years of auctioneering

Excellence in Auctioneering and Appraisals

Erkelens & Olson (E&O) is a third-generation auction, appraisal, and marketing company with nearly 50 years of professional experience. As a leader in the auction industry, E&O conducts weekly auctions for a wide range of assets, including real estate, business liquidations, government surplus, bank and credit union repossessions, heavy machinery, vehicles, jewelry, charity items, and more. We believe that the auction method is the most transparent way to determine the true value of assets, which is why all our auctions are open to the public.

find us online

+

50 years of auctioneering

Excellence in Auctioneering and Appraisals

Erkelens & Olson (E&O) is a third-generation auction, appraisal, and marketing company with nearly 50 years of professional experience. As a leader in the auction industry, E&O conducts weekly auctions for a wide range of assets, including real estate, business liquidations, government surplus, bank and credit union repossessions, heavy machinery, vehicles, jewelry, charity items, and more. We believe that the auction method is the most transparent way to determine the true value of assets, which is why all our auctions are open to the public.

Building trust through proven results

Comprehensive, Certified Appraisal Services

E&O is a full-service, certified appraisal company, having conducted thousands of appraisals across various industries and asset types. Our areas of expertise include equipment, vehicles, heavy machinery, furniture, fixtures, estates, and more. With certification from the Certified Appraisers Guild of America (C.A.G.A.), we are Utah’s trusted source for accurate appraisals, serving clients such as the Utah Bankruptcy Court, Chase Bank, Central Bank, Wells Fargo, America First, and many other institutions. Since 2015, we have appraised over $100 million in equipment alone, providing clients with Fair Market Value (FMV), Orderly Liquidation Value (OLV), and Forced Liquidation Value (FLV) reports.

Our extensive appraisal experience spans a diverse range of items, including:

  • Vehicles and Classic Cars

  • Metalworking Equipment

  • Firearms

  • Household Furniture, Artwork, and Jewelry

  • Restaurant and Food Processing Equipment

  • Dry Cleaning and Laundry Equipment

  • Warehouse and Distribution Equipment

  • Heavy and Construction Equipment

  • Medical, Agricultural, and Manufacturing Equipment

  • Office Furnishings and Computer Equipment

  • Laboratory and Scientific Equipment

  • Woodworking and Miscellaneous Equipment

With our dedicated team and comprehensive knowledge in Furniture, Fixtures & Equipment (FF&E) appraisals, E&O offers clients a one-stop solution for all their valuation needs.

Let's discuss how we can assist with your appraisal needs.
Call us today at 801-355-6655 for a free estimate!

Our extensive appraisal experience spans a diverse range of items, including:

  • Vehicles and Classic Cars

  • Metalworking Equipment

  • Firearms

  • Household Furniture, Artwork, and Jewelry

  • Restaurant and Food Processing Equipment

  • Dry Cleaning and Laundry Equipment

  • Warehouse and Distribution Equipment

  • Heavy and Construction Equipment

  • Medical, Agricultural, and Manufacturing Equipment

  • Office Furnishings and Computer Equipment

  • Laboratory and Scientific Equipment

  • Woodworking and Miscellaneous Equipment

With our dedicated team and comprehensive knowledge in Furniture, Fixtures & Equipment (FF&E) appraisals, E&O offers clients a one-stop solution for all their valuation needs.

Let's discuss how we can assist with your appraisal needs.
Call us today at 801-355-6655 for a free estimate!

Our Expert Team

The Team Delivering Reliable, Secure, and Efficient Auctions Every Time

Robert A. Olson

President

With over 40 years in auctioneering, Rob Olson has led high-profile auctions for both government agencies and Fortune 500 companies. Known for his engaging style and deep industry expertise, Rob’s leadership has solidified E&O’s reputation as a respected name in the auction community, driving forward our mission to connect sellers and buyers across industries.

Robert T. Olson

VP of Sales and Marketing

Robert graduated from the University of Utah in Psychology and the Missouri Auction School in 2002.  He helps drive the business forward by cultivating and managing the major partnerships. He has also built a reputation at charity auctions for his high energy style and his unique ways to connect to a crowd.  

David A. Olson

VP of Appraisal Services

Certified by the Certified Appraisers Guild of America (C.A.G.A.), David Olson leads E&O’s appraisal division with precision and professionalism. From machinery to estates, David ensures each appraisal meets the highest standards, empowering clients to make informed decisions based on trusted valuations.

Lynden T. Wood

Director of Operations

With a business management degree and an MBA, Lynden oversees E&O’s operations with a focus on efficiency and service quality. His leadership helps streamline processes, ensuring clients receive seamless support throughout the auction and appraisal experience.

Frequently asked questions

Where are you located?

We are located at: 954 S 4400 W St 390, Salt Lake City, UT 84104. Feel free to visit us or contact us for more information about our auctions and services.

How can I participate in your auctions?

You can participate in our auctions by registering online through our auction platform. Simply browse upcoming auctions, create an account, and place your bids during the event. For assistance or more information, feel free to contact us—we're here to help!

Can you preview?

No you can not. We don’t allow any in person previews. You are able to view descriptions and photos of the items. That way everyone is on the same even playing field.

What makes your consignment auctions so successful?

Our consignment auctions succeed because we combine nearly 50 years of expertise with advanced auction technology. We host weekly online auctions that connect assets to a nationwide network of motivated buyers. Our transparent process, targeted marketing, and flexible formats ensure maximum exposure and top-dollar returns for consignors.

What style of auctions do you conduct?

We conduct weekly online auctions using a timed sale format. Our streamlined approach connects sellers with a nationwide audience, ensuring maximum visibility and competitive bidding for a wide range of assets. For specific auction formats, feel free to contact us for details.

What can participants expect from your auctions?

Participants can expect a seamless online auction experience with competitive bidding and a wide variety of items, including surplus inventory, lost freight, and high-value assets. Our auctions are transparent, professionally managed, and designed to deliver value for both buyers and sellers.

How often do you have auctions?

We have auctions every Thursday but an auction is almost always going on online. The auction ends Thursday at 8:00 AM with each lot closing 15 seconds after that.

Where does all of this stuff come from?

This comes from shipping vendors and everything we have are items that don’t originally reach the shipping destination. Most of the items are in good condition, some are not. Keep that in mind when you are bidding.

What payment terms do you accept?

We accept cards (you can store them on file) or cash.

Can anybody bid on these auctions?

Yes if you have money, you can participate.

Do you do shipping?

Yes we have options for local and national shipping!

How does pick up work?

You can come to our warehouse and pick up the items on auction day and the morning after the auction. We have pallet jacks, loading docks, and forklifts. Our guys can help you with the forklift and they love tips!

What does as is/where is mean?

That means you are buying this as recovered freight and what you see is what you get. Some times you will receive items that are broken but many times you will receive items that you weren’t even expecting so it works both ways!

How do the online auctions work?

The online auctions are similar to eBay. If you put in a bid it will be considered your max bid. You can also put in a max bid and it will automatically bid you up to the next increment.

What are the bid increments?

The increments we have chosen are 25.00

How do I know if I’ve won my lots?

You can click on your bidder profile and it will show you. We also send out e-mails after the auction announcing the winners.

Do you need the pallets and gaylord boxes back?

Yes we do please.

What is a gaylord?

A gaylord is a large box.

What time do you close?

We close at 4:30 on auction day. You can pick up Friday until noon.

When can I pick up my lots?

You can come down on Thursday as soon as you have purchased an item to pick up your lot.

Can I call or e-mail with questions about a certain lot?

Absolutely you can. Just make sure it isn’t the night before the auction or the morning of.

Where are you located?

We are located at: 954 S 4400 W St 390, Salt Lake City, UT 84104. Feel free to visit us or contact us for more information about our auctions and services.

How can I participate in your auctions?

You can participate in our auctions by registering online through our auction platform. Simply browse upcoming auctions, create an account, and place your bids during the event. For assistance or more information, feel free to contact us—we're here to help!

Can you preview?

No you can not. We don’t allow any in person previews. You are able to view descriptions and photos of the items. That way everyone is on the same even playing field.

What makes your consignment auctions so successful?

Our consignment auctions succeed because we combine nearly 50 years of expertise with advanced auction technology. We host weekly online auctions that connect assets to a nationwide network of motivated buyers. Our transparent process, targeted marketing, and flexible formats ensure maximum exposure and top-dollar returns for consignors.

What style of auctions do you conduct?

We conduct weekly online auctions using a timed sale format. Our streamlined approach connects sellers with a nationwide audience, ensuring maximum visibility and competitive bidding for a wide range of assets. For specific auction formats, feel free to contact us for details.

What can participants expect from your auctions?

Participants can expect a seamless online auction experience with competitive bidding and a wide variety of items, including surplus inventory, lost freight, and high-value assets. Our auctions are transparent, professionally managed, and designed to deliver value for both buyers and sellers.

How often do you have auctions?

We have auctions every Thursday but an auction is almost always going on online. The auction ends Thursday at 8:00 AM with each lot closing 15 seconds after that.

Where does all of this stuff come from?

This comes from shipping vendors and everything we have are items that don’t originally reach the shipping destination. Most of the items are in good condition, some are not. Keep that in mind when you are bidding.

What payment terms do you accept?

We accept cards (you can store them on file) or cash.

Can anybody bid on these auctions?

Yes if you have money, you can participate.

Do you do shipping?

Yes we have options for local and national shipping!

How does pick up work?

You can come to our warehouse and pick up the items on auction day and the morning after the auction. We have pallet jacks, loading docks, and forklifts. Our guys can help you with the forklift and they love tips!

What does as is/where is mean?

That means you are buying this as recovered freight and what you see is what you get. Some times you will receive items that are broken but many times you will receive items that you weren’t even expecting so it works both ways!

How do the online auctions work?

The online auctions are similar to eBay. If you put in a bid it will be considered your max bid. You can also put in a max bid and it will automatically bid you up to the next increment.

What are the bid increments?

The increments we have chosen are 25.00

How do I know if I’ve won my lots?

You can click on your bidder profile and it will show you. We also send out e-mails after the auction announcing the winners.

Do you need the pallets and gaylord boxes back?

Yes we do please.

What is a gaylord?

A gaylord is a large box.

What time do you close?

We close at 4:30 on auction day. You can pick up Friday until noon.

When can I pick up my lots?

You can come down on Thursday as soon as you have purchased an item to pick up your lot.

Can I call or e-mail with questions about a certain lot?

Absolutely you can. Just make sure it isn’t the night before the auction or the morning of.

We're eager to keep you in the loop

Receive emails packed with our latest auction news.

We're eager to keep you in the loop

Receive emails packed with our latest auction news.

We're eager to keep you in the loop

Receive emails packed with our latest auction news.

Turning Pallets into Profits,
One Auction at a Time.

© 2024 Pallet Auctions. All rights reserved.

Built with

by Auction Experts

Turning Pallets into Profits,
One Auction at a Time.

© 2024 Pallet Auctions. All rights reserved.

Built with

by Auction Experts

Turning Pallets into Profits,
One Auction at a Time.

© 2024 Pallet Auctions. All rights reserved.

Built with

by Auction Experts