The Steffans will fulfill their dream of taking a cross-continent road
trip after the auction
RED DEER, AB, Sept. 29, 2011 /CNW/ - On October 15, 2011, Ken and Gayle
Steffan will sell their residential acreage and executive home in Red
Deer, Alberta, along with their car and much of the home's contents, at
an on-site unreserved public auction conducted by Ritchie Bros.
Auctioneers (NYSE and TSX: RBA), the world's largest industrial
auctioneer (www.rbauction.com). The Steffans are set to retire and plan on fulfilling their dream of
travelling throughout Canada and the U.S. in their motor home.
The property is 1.83± title acres with a 2,650± sq. foot, four-bedroom
home. The Steffans are selling close to 80 items in the auction,
including their 2008 Chevrolet Corvette convertible, three flat screen
TVs, furniture, a John Deere utility tractor, lawn mowers, snowmobiles,
a skid steer loader and a boat. Every item will be sold to the highest
bidder on auction day, with no minimum bids or reserve prices—including
"The certainty of sale makes this a great opportunity for both the
buyers and sellers," said Tyler Ruttan, Area Manager, Ritchie Bros.
Auctioneers. "There's a fantastic selection of items at this auction,
and buyers should make sure they're registered to bid so they don't
The Red Deer auction is open to the public. Anyone can bid in person on
auction day, online in real time or by proxy. Auction and bidding
details, including property and item photos, can be found at www.rbauction.com.
The Steffans have bought equipment at Ritchie Bros. auctions in the
past, and this will be their first time selling.
"We chose to sell through Ritchie Bros. because they're honest and
upfront," says Ken Steffan, "and we knew their advertising would help
us reach bidders worldwide. Our house, car and other home items will
all be sold to new owners in one day which makes it much easier for
In April of this year, Ritchie Bros. conducted an auction in Lacombe,
Alberta for Dean and Vicki Gordon who sold 374 items including 10
parcels of real estate. The auction attracted almost 900 bidders from
across Canada and 12 other countries, including Italy, Saudi Arabia and
"We've had great success with high-end real estate in this area," added
Mr. Ruttan, Area Manager. "We're looking forward to helping the
Steffans make an easy transition to retirement—and travelling."
The auction will be held on-site at the Steffan's property in Red Deer.
The auction starts at 11 a.m. on Saturday, October 15, 2011. The home
and real estate will be sold at 12:00 p.m. Interested property buyers
can contact Cody Rude (Ritchie Bros. Territory Manager) for more
information and to arrange an inspection at 780.722.9777.
Directions to the auction:
From Gasoline Alley in Red Deer, AB, turn right (West) on McKenzie Road
and go 1.9 km (1.2 miles), then right 0.2 km (North) on Waskasoo
Avenue, then turn right 0.3 km (East) into Oakwood Estates. The auction
site is on the right hand side of the road.
About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is
the world's largest industrial auctioneer, selling more equipment to
on-site and online bidders than any other company in the world. Ritchie
Bros. offers services that enable the world's builders to easily and
confidently exchange equipment. The Company conducts hundreds of
unreserved public auctions each year, selling a broad range of used and
unused equipment, trucks and other assets utilized in the construction,
transportation, agricultural, material handling, mining, forestry,
petroleum and marine industries. Ritchie Bros. has over 110 locations
in more than 25 countries, including 43 auction sites worldwide. The
Company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.
ATTENTION MEDIA: Photos of the Red Deer property and Chevrolet Corvette are available
for download and use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on
SOURCE Ritchie Bros. Auctioneers
For further information:
Vicki Cunningham, Supervisor, Corporate Communications, Ritchie Bros. Auctioneers
Phone: +1.778.331.5464 or email email@example.com
Tyler Ruttan, Area Manager, Ritchie Bros. Auctioneers
Grande Prairie site phone: +1.780.538.1100