The auction process starts with sellers submitting their aircraft. From there our Cockpit Concierge Agents work with sellers to define a valuation based on current market conditions, an attainable reserve and develop comprehensive digital documentation including logbooks, airworthiness, historical profile, beautiful images and videos. We then create the listing with complete data in our virtual data room. The marketing period is from weeks where we promote every auction across all possible outlets so all qualified buyers know that their desired aircraft is coming up for sale.
Auctions typically run for days. After the winning bid is placed; the secure escrow closing process begins and completes quickly. The aircraft is picked up in a week or less. With meticulously gathered documents and write an objective description. This profile is displayed in our Virtual Data Room, spec sheet overview, including logbooks, airworthiness, historical profile, beautiful images, and videos. A dedicated point of contact takes the seller from defining a market driven reserve through closing and pickup for a Plane Easy experience.
Helping eachother build an understanding of the aircraft they are bidding on. When a bid is placed within the last minute of the auction.
Happens when an auction meets reserve. The winner and seller are automatically connected through a third-party escrow company for a secure transaction. Winning bidders typically pickup their new aircraft in a week or less. Every auction goes live with an informational listing in our Virtual Data Room, photo gallery, and meticulously documented logbooks that help ensure a successful auction.
You must create a user profile and submit a refundable deposit to place bids on AirSpace Auctions. A successful auction is when the listing ends over reserve or or the auction has no reserve. The buyer and seller then work together in step with the third party escrow company to complete the transaction and arrange for aircraft pickup. Our Cockpit Concierge agents are happy to assist in answering any questions.
