Sell Your Surplus Networking Equipment For Cash

If you are going for an equipment upgrade in your networking business, you can sell off your old, surplus equipment and earn some money which you can add to your budget for the new equipment. Read on to know how to find a reliable vendor who offers a good value for your items.

Growing companies in the dynamic networking and IT business typically require frequent upgrades, expansion, network backing up and so on. This calls for frequent IT equipment purchases (new ones) and sale (old ones). To buy the equipment required to upgrade their businesses, IT companies have the choice to either go for brand new or refurbished network equipment. This is a familiar scene for companies who have been running their networking and IT businesses for years. There are used equipment from most of the popular manufacturers such as Cisco, Extreme Network, Juniper, Foundry etc., available. However, if you are new in the field, you might have to do a little more homework.

Every time you want to upgrade your business with new equipment, it is often advised that you go buy refurbished equipment from reliable seller to save your budget. However, at the same time you plan to purchase and upgrade your business, you also have surplus equipment that you have been using up till now. In some companies, such surplus equipment are seen lying around unused, although functional. If you have such used equipment, collecting dust and taking up your office space, then you should realize that they may have more value than a junk.

Just as there are sellers of used or refurbished networking and IT equipment, you can also find companies who deal in such equipment. They typically provide this service under the Asset Recovery banner. By selling off your surplus equipment you earn a certain amount of money. It also allows you to free up the space and cost of storing the equipment. You can find many service providers on the Internet, if not in your area. However, to ensure that you get the right money for your asset, finding a company that offers the right value is important. You should also go for a specialized dealer of your equipment. For instance, if your surplus equipment are from Cisco, it is recommended that you sell it to a specialized dealer who focuses on Cisco equipment.

To start with, it is good to identify, organize, evaluate and keep an accurate record of the used equipment you intend to sell before contacting any buyer. If you have a better knowledge of the hardware and their value in the current market (keeping in mind the condition of your hardware), you have a better idea if the potential buyer is offering the right value for your assets. You can start by the type of equipment, quantity, condition, specifications, detailed and accurate description including serial numbers and so on.

Next step for you is to send the prepared list with as much information as possible. Along with the information for the equipment, ensure that you provide accurate and detailed information of your company. You can send the same list and information to various interested buyers and compare the prices and conditions (if there is any) each offers.

While at it, you can find out the payment mode made by the buying party. In case if the company has limited payment methods which are not convenient for your company, see if they can make other arrangements. After the price is settled and the payment method is suitable, you are required to send the equipment to them so that they can inspect, authenticate them and finalize the deal prior to making the payment. Once the inspection is passed, they will submit the payment and you get rid of your used Cisco or other network equipment and earn some more money too. If you are happy with their offer and service, you can contact them directly for any future deal too.

The author of this article is associated with Network Systems Resale, a company that deals in used Cisco and other network equipment.