Government and Police Auctions
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In today’s article we’re going to feature a quick round-up of some what we believe to be some of the most valuable resources on the internet for anyone looking to take part in the surplus business trade. The resources consist of, in our opinion, many of the best products, services and educational and training information available to individuals. Some are free information resources, and some are paid products and services. But, all, we feel, will be highly valuable to most readers of SurplusBusiness.Com.
So, please, peruse the following surplus business resource list at your lesiure. We’re sure you’ll find something within the listing that you find to be of value.
Government Auctions School — A very handy and information-packed guide for taking advantage of government auctions is available from this resource. However, it mostly focuses on how to obtain vehicles — cars, truck and SUVs at government auctions. But, some information contained within the guide is sure to be of value to those seeking to obtain other types of merchandise at government auctions.
Government Auction Tracking and Listing Service — This site offers an exceedingly valuable service to those looking to take part in government auctions. Of course, knowing just when, and exactly where, government auctions are taking place near you is absolutely key in being able to grab the best deals on government surplus merchandise. This locating and tracking system maintains an exhaustive and constantly up to date list of all of the latest announced upcoming government auctions. The auctions are searchable by area, and the resource maintains a reminder service, so you can be constantly kept abreast of any new government surplus auctions that are scheduled to take place near you — or, in any area you choose.
Auction-Resource.Org — Claims to be the internet’s #1 source for government and police seized, surplus and unclaimed property auction listings. Maintains a database of more than 4,000 live, active and upcoming public auction listings — entirely searchable by area. Along with its extensive government auction listing service, Auction-Resource.Org also offers an extensive collection of training and instructional materials.
The Auto Auction Center — Provides a live, interactive search function enabling users to perform searches for specific vehicles currently up for auction from various government sources, including local, state and federal police agencies, military, and other federal, state and local governmental departments. Also provides access to browsable and searchable lists of all such vehicle auctions.
SherrifAuctions.Org — Includes online listings of country-wide Sheriff’s department auctions for items such as seized and repossessed cars, motorcycles, trucks, SUVs, vans, RVs, and boats. Provides listings of live, ongoing, Sheriff auctions currently taking place online in real-time, as well as listings for Sheriff auctions coming up in your specific, local area.
Ultimate Surplus & Wholesale Guide — For anyone looking to get into the game of making money by snatching up bargains at surplus auctions, or purchasing items at or below wholesale prices from various surplus, wholesale and liquidation sources, this is the ultimate guide which will detail absolutely everything you need to know in order to do it. The guide details exactly where and how to find and purchase surplus, liquidation and wholesale products at prices up to, and sometimes more than, 90% off the product’s regular retail price — and then, turn around and sell those items at a substantial profit.
Wholesale Sources Online — The #1 source on the internet for searching and finding active sources, providers and distributors of wholesale, close-out and liquidation items such as jewelry, watches, designer handbags and fashion accessories, clothing items, and more. Name brands listed include labels like Gucci, Prada, Chanel. Versace, and more — all available at wholesale, or below wholesale prices.
In case you didn’t know, the Canadian government maintains one, single online central hub from which it offers, takes bids on, and distributes most Canadian government surplus merchandise. This central hub is thee Canadian government surplus auction website.
Perhaps you’re thinking about possibly purchasing, at a rock bottom, surplus-level prices, a slightly used, but still well functioning and well maintained vehicle that used to occupy a spot in the fleet of RCMP automobiles? Or, maybe your interests lie more in acquiring entire pallets of high-quality computer printers? Heck, maybe you’re made out of money and you’ve even got your eye on purchasing a fully outfitted private jet? Well, where, exactly, can someone find such items, and many, many more, all up for auction at incredibly low government surplus prices? Why, at the central Canadian government surplus auction website, of course!
People who are deeply experienced in the surplus business game are sure to remember the days when possibly the most aggravating and time consuming task which made up a surplus trader’s daily grind was hunting down and trying desperately to keep abreast of all of the various government (and other) surplus auctions that were always sporadically held. Well, with the ushering in of the electronic age, the game has changed quite a bit. These days one need only know about the central Canadian government surplus auction website that the federal government maintains. And, regular visits, via your favorite web browser, right from the comfort of your own home, is now all that is needed for anyone and everyone to constantly stay informed regarding all of the incredible surplus goods that the federal Canadian government is offering to the public at any given time.
New items are placed up for auction every day, and, at any given time, you’ll find this central Canadian government surplus auction website absolutely jam-packed with unique and valuable items ready for you to bid on. All you need is a valid credit card, and to sign up for a completely free account on the website. Once you’ve done that you may begin browsing the items currently up for auction, or searching for specific items, and placing bids on the surplus merchandise you’re interested in. If you’ve placed the high bid at the ending of the surplus auction for the particular item you’ve bid on, you’ll win the item and can then go and pick it up from government warehouse at which the item resides. Or, for some select items, even have it shipped to you.
So, where is this central Canadian government surplus auction website located? The website resides at Http://www,GCSurplus.Ca
The Canadian government surplus auction website is operated and maintained by Public Works and Government Services Canada, which is the particular Canadian government agency charged with handling the sales and distribution of federal government surplus goods in Canada. And, the GCSurplus website which they operate is the central Canadian government surplus auction website from where they conduct on-line surplus auctions for all such goods available from more than 100 different federal government departments, organizations and agencies.
Anyone can simply visit the GCsurplus.Ca Canadian government surplus auction website, register for an entirely free account, and begin browsing and bidding on the myriad of items that are up for grabs at any given time.
So, if you’re just looking to perhaps grab a few killer deals on some Canadian government surplus items, you should definitely be sure to make frequent and regular visits to the GCSurplus website. And, if you’re either already in, or have an interest in starting, your own business buying and selling surplus items, then the GCSurplus Canadian government surplus auction website will surely prove an invaluable asset to you. And, if you are looking to start a highly lucrative full or part-time business in the buying and selling of surplus goods and merchandise, you should make absolutely sure that you pick up a copy of The Ultimate Wholesale & Surplus Buyer’s Guide!
Whether you’re thinking of either starting a business, or growing your existing business, in the trade of surplus goods and merchandise, or you’re just looking to pocket extra cash part-time, then you really do need the guide. It will lay absolutely everything you need to know out for you. So, don’t even think about trying your hand at making money in the buying and selling of surplus goods unless you’ve already got the guide in your hand and have read through it thoroughly! You simply can’t afford to be without the amazing advantages it offers.
Good luck, and here’s hoping you score some mind-blowing surplus deals very soon!
So, you’ve started your own home business or small business — or, at least, you’ve finally made the decision to do so — and now you find yourself in need of all the required supplies. Of course, if you’re just starting out, your budget is quite likely to be somewhat on the lean side, and the cost of acquiring the necessary supplies to get your new small business off on the right foot can be somewhat costly. Luckily, there are methods for obtaining very good quality business supplies for much less than you’d regularly expect to pay — and, I do mean MUCH less! Acquiring such supplies via government surplus is one of the top options available to you.
Acquiring much needed business supplies from government surplus sources has long been a well established means of outfitting a small or home business with exceptional quality items while still managing to save a significant amount of money and, thus, going a long way in helping to keep your business’s budget from creeping into the red.
Practically anything your business might need in order to operate efficiently is regularly sold off by the government through surplus channels — if your business needs it, chances are that some government surplus outlet has it up for sale right now, or soon will. And, practically all of it is sold at or below cost, or below wholesale – sometimes significantly so. Sometimes they even practically give it away.
Whenever some government agency, either at the municipal, state, or federal level finds itself with extra items, supplies or equipment that they no longer require these items will sometimes be destroyed in some fairly rare circumstances, shipped to another government agency that may have use for the items, or, very often, sold off to non-government individuals or entities through public or private sales, or through public or private auctions.
The particular government agency offering surplus goods for sale will utilize different means and methods for selling off these goods. They may hold a public auction which members of the public may attend and place bids on the various items for sale. But, today, more and more, many government branches and departments are turning to on-line, electronic means for conducting such sales — even when their wish is to auction such items to the highest bidder. Some governmental organizations have even been known to use eBay in order to sell their wares. However, most now regularly utilize dedicated, government run services and electronic, on-line, central sales outlets.
The majority of state governments now employ the use of some sort of central auction and/or sales website that members of the public may visit, browse the items currently up for grabsm and place bids on the items they’re interested in. Many municipal governments are now doing the same sort of thing as well. However, with federal government, there is still no such entirely comprehensive, all-in-one, central on-line service maintained by any one central branch. Instead, there are a number of governmental departments responsible for the selling off of surplus goods and items from various areas of government.
The General Services Administration, or GSA, is tasked with getting rid of the bulk of items and property that a number of areas of government find themselves no longer in need of. But, the Defense Department takes care of their own surplus sales and does not use the services of the GSA in most cases. Along with that, various federal level law enforcement agencies also run their own surplus auctions, sales and property disposal.
The following information is already readily available on SurplusBusiness.Com, but we’ll include it here briefly again for easy access. Here’s a quick run-down of some government surplus related Internet sites that you’ll most certainly find exceedingly useful in helping you to save money while procuring the supplies your business requires to operate effectively and efficiently:
Govsales.Gov – This is the official on-line Federal Asset Sales Portal for the United States Federal Government. Operated by the General Services Administration, it contains a comprehensive, searchable and browseable, listing of most surplus items currently available for sale, or at auction, from a vast array of different federal government departments and sources. At any given time you’re likely to find just about anything from soup to nuts being offered up for sale from the federal government on this site — from fully functional helicopters, to pens and pencils. From high-tech medical equipment, to coffee-makers and work boots.
Gov-Auctions.Org – An exhaustive, all-in-one on-line resource comprising the largest single source of all state-level, and federal, US government surplus auctions including government surplus pre-owned and seized cars, trucks, SUVs, boats, real-estate and a wide array of personal property items — all at up to 95% off book-value on many of the individual items being offered.
DispositionServices.Dla.Mil – Home page for the U.S. Defense Logistics Agency Disposition Services. This website makes available surplus items, goods and property obtained from the various branches of the U.S. military. Don’t skip over this valuable resource if you’re not interested in strictly military-style items, however. The military uses a great deal of items that aren’t immediately associated with being strictly military items, and any excess goods that have been owned by any branch of the military and is now available for surplus sale is offered on this site. It is not at all uncommon to find incredible deals on things like office supplies, kitchen supplies, furniture, and much else on this site — along, of course, with all of the standard military surplus fare.
GovernmentAuctions.Org – An incredible and valuable private government auctions listing service. This powerful resource keeps track of all upcoming federal, state an local government surplus auctions and keeps you informed, ahead of time, on all such events that will be taking place in your area, and elsewhere. If you’re thinking of making money by acquiring surplus goods and flipping them for a profit, this resource is absolutely indispensable for providing you with the upper edge you’ll need to maximize your chances of success — get a leg up on the competition by being kept informed of the most obscure of government sales in order to take advantage of the very lowest of surplus prices.
U.S. Marshals Service Assets Forfeiture Service – Home page for information regarding the sales of seized and forfeited property available through the U.S. Marshall’s Service. This Internet site contains listings of currently available seized and forfeited real estate, vehicles and other property that the U.S. Marshall’s Service has available for public auction.
Insider Wholesale & Surplus Products – Government agencies aren’t the only places available to you for acquiring goods, items and property at incredible, far-below wholesale surplus prices. There is a wealth of commercial retail and private sources that you should be informed regarding. This site contains all of the information you’ll need to learn about such avenues and take advantages of the incredible deals available through them.
United States Treasury Real Property Auctions – This website is operated by the U.S. Treasury Department and lists auctions of seized Real Property currently for sale throughout the country. Listings regularly include all manner of both residential and commercial buildings, land and property — including single and multi-family dwellings, commercial warehouse buildings, commercial retail properties, even fully operating businesses that you can purchase and take over.
IRS Real and Personal Property Sales – This website, operated by the United States Internal Revenue Agency lists all items currently up for sale or auction to the public that have been seized due to tax defaults. Items regularly offered include just about anything you can think of — from clothing, to jewelry, to automobiles, office equipment, furniture, artwork, real estate, etc., etc., Anything that has value and has been seized by the IRS can be found offered for sale to the public on this website.
At the average customs auction, one is quite likely to locate surprising bargains on a wide array of items, providing that the interested buyer does two things correctly. The first thing, of course, is finding out exactly where and when the customs auction is taking place. The second thing is to know as much as you can about the particular items that you’re interested in bidding on.
Conducting a simple online search, using the right search terms, is sure to bring up a host of websites announcing such upcoming customs auctions — almost all of them being open to members of the public. The problem, however, as I’m sure you’ll find if attempting to locate public customs auctions via this method, is that the vast majority of the information you find will very likely be outdated — announcing ‘upcoming customs auctions’ that have already taken place. Internet search engines are great tools for tracking down information. But, due to their nature, they’re often not great tools for ‘timely’ information.
What is a customs auction?
Customs auctions are pretty much what the term implies. Every day in this country border agencies and other customs services seize a wealth of goods that are being imported into the country. The importers may not have gone through the correct channels, or otherwise not properly followed the correct procedures, when attempting to import certain goods into the country. If the matter can not be settled with the importer, for whatever reason, (and it’s not uncommon that it actually can’t), the customs agency will take possession of the goods through seizure. Every so often they will attempt to clear out their stock of such items. They do this, in large part, by holding public customs auctions where such goods are made available to bidders.
Not too long ago a friend of mine, who regularly attends customs auctions, was able to purchase an entire lot of assorted electric lamps at one of these auctions. He managed to place the high bid on the lot at a price of $950.00. The lot contained exactly one-hundred and fifty electric desk lamps — brand new, right from the manufacturer — that regularly retail for $49.95. His cost, per lamp, was about $6.33. Within a week he found a buyer for the entire lot at a price of $3,800.00 — for a total, quick profit of $2,850.00. He could have made a fair bit more if he had chosen to piece the lamps out instead of selling them off all at once, but the opportunity to move them all at once presented itself and he took it. The lamps were being auctioned off in the first place, it seems, merely because an Asian importer had failed to file the proper paperwork, and had failed to follow up with the customs agency in a timely manner. The customs agency had difficulty establishing contact with the importer and, after a time, the items were put up for bid at auction.
There are so many stories like the one above when it comes to these customs auctions, I could literally fill an entire volume of books just relating them. These customs auctions are going on all the time, and a fair number of people are earning a good living from them — just buying and re-selling items they obtain at these customs auctions for a profit. Oddly enough, however, it seems as though not all that many people, in the grand scheme of things, actually know about them. And, of course, even fewer people are aware of how to locate when and where customs auctions, which the’re able to participate in, are actually happening.
How do you find customs auctions?
A lot of people with a casual interest in attending such customs auctions tend to quickly become frustrated if and when attempting to locate them. Such people might hear about such auctions from various sources, become excited about attending one, and simply hit Google, Bing, or some other such search engine in an attempt to locate a customs auction which might be taking place near them at some time in the future. As mentioned above, however, they quickly discover that they need to wade through a sea of useless, outdated information. They quickly become frustrated and give up — usually thinking that finding customs auctions requires some sort of insider information, or special experience or know-how.
So, how do you find customs auctions that you can attend? By far, the most effective way of locating and keeping apprised of any such upcoming auctions in your area (or, any area you choose to apprised of) is to join a qualified auction listing service. Such services keep constant tabs on all public auctions that are taking place around the country. They use their pool of established contacts to maintain extensive and exhaustive lists and notices of any customs auctions, and other types of auctions as well, that are upcoming. The auction listing service will then provide its members with on-line search functionality that will allow you to perform exacting searches by area, time, location, etc. The better services will even allow you search by the specific type of merchandise you’re interested in bidding on. You can also use the listing service to send out e-mail alerts to you whenever an auction is announced to be coming up within the boundaries of a geographical area you specify.
There are a number of such services currently in operation. Here’s a short list of some of the tops ones, listed in order of our recommendation:
As with most people, it’s very likely that you’ve heard of federal government organizations like the Department of Justice’s U.S. Marshals Service, the IRS, the FBI, the ATF, DEA, and many other such agencies, actually seizing things like automobiles, houses, boats, and all sorts of consumer goods and merchandise and then holding auctions to move these items to the highest bidders at public auction for incredibly low prices. Just about everyone knows this goes on. Ask just about anybody and they’ll tell you that they’re aware that such activities are commonplace. Then, ask them if they know how one might go about participating in such customs auctions and they’ll tell you that they have no idea. This is the common experience of most people. Of course, they’d be very surprised to learn that all that is required is to take advantage of one of these qualified auction locating services that will actually do all of the work for them, and they too could be acquiring incredible merchandise at public customs auctions, and a myriad of other types of auctions, at up to 90% off the regular retail price of such goods.
Have you ever found yourself with a curiosity about making money by purchasing items at auction at low prices and then re-selling those items at a profit? It is, in fact, somewhat surprising just how popular this notion appears to be. In fact, to a fairly large number of people, the thrill of obtaining interesting items at auction for low prices, just in itself, seems like both a fun and interesting endeavor. And, if truth be told, flipping those items that you manage to acquire at auction for a profit is a good way of making money — one that you could even easily turn into either a lucrative part-time, or even full-time business for yourself.
Indeed, there are quite a number of people out there, right now, who are earning substantial incomes doing just that. They attend government surplus auctions, bid on the items up for grabs, and actually have loads of fun doing it. They then turn around and flip the items they’ve won through channels like eBay, or even through local classified advertisements, or a number of other channels. Not everyone has the time to attend government surplus auctions — nor the know-how required in locating them, or how to participate in them. So, if you can obtain items by placing winning bids at, say, a 500% discount over what the fair-market resale price is for such a used item (which isn’t all that difficult to do at a government surplus auction) you can mark-up the item by, say, 400% over your bid price, and still sell it off to a buyer for, what would be to them, a substantial discount.
For the purposes of illustration, using the above the figures, let’s say you managed to obtain the fictional product of a ‘widget’ at auction. A used widget in good condition regularly sells for about $1,000.00. You, however, won your widget for a 500% discount below that price. That means you will have spent only $200.00 to acquire your widget. You then mark-up your resale price by 400% and advertise your widget for sale at a price of $800.00. A buyer, paying your full asking price, would still be purchasing your widget at a savings of $200.00 below what they could normally find used widgets selling for. And, you’ve still made a profit of $600.00! The reason for this is because the ‘fair-market resale value’ of used merchandise is based, for the most part, on the prices of used items that have originally come from retail sources — not from surplus sources. And, retail sources begin with a higher cost for most merchandise.
The used widgets, in our fictional example, that most people are used to seeing for sale, are priced on average at $1,000.00, because almost all of these widgets are being re-sold by people who originally purchased the widgets at retail — not through surplus auctions. The bulk of those widgets being resold, therefore, are being resold for less than what the seller actually paid to acquire the widget in the first place, and the seller is attempting to recoup as much of their original purchase price as they can. This is what dictates the average resale value of a used widget.
So, how can you get involved in making money with government surplus auctions? Of course, the very first thing you’ll need to do is to actually find such auctions that are taking place in your area. Practically anywhere you might live, there are most likely many such auctions taking place relatively close to you on a regular basis. The problem is — and this is one of the reasons why not a lot of people take part in these auctions — is that the auctions usually aren’t well publicized. And, there’s a reason for that. The entire thing about these auctions is that the people who do attend them are looking for great deals — and the agencies that hold such auctions are looking to dump their surplus inventories quickly. That’s exactly why they sell this stuff through an auction format — their primary concern is to get rid of the stuff fast, and they do this by selling it all in one go, at auction, for very little money. Of course, doing it this way, however, while it does work to unload their surplus inventory quickly, it doesn’t result in huge profits for the agency when each auction is assessed individually. So, the agencies have an interest in keeping costs low in order to maximize their returns. And, publicity for the auctions cost money.
It’s not bad for them, however, because there are a dedicated group of regulars who attend these auctions, who will put forth the effort to hunt down the auctions and find them. And, that’s all the agencies really need — just this dedicated group. Because, of course, this dedicated group are made up mostly of re-sellers — so, they buy and buy and buy. If you get into attending these government surplus auctions on something of a regular basis, one of the first things you’ll notice is that you’ll see the same faces at many of these auctions, over and over again. And, by actually not widely publicizing government surplus auctions, it works out better for the agencies holding the auctions.
Remember, the primary concern of the agencies that are holding the government surplus auctions is to unload their surplus inventory quickly in order to make room for new inventory, and to rid themselves of the associated costs and efforts in storing their surplus goods. If the auctions are well publicized, a lot of regular folk will attend and that will drive the prices up. More people attending means more bids — more bidding wars. Which means the individual auction lots end up selling for more money. It’s kind of counter-intuitive, I know. You may think that would be desirable for the agency selling the items. But, it’s not! The higher prices drive away the professional buyers.
The professional buyers are there to acquire stuff cheap for the purpose of turning a profit — they’re there to acquire LOTS of stuff. If they can’t obtain the items at prices that make it worth their while, they’ll go away, and the agencies will be left with a room full of average joes looking to spend a hundred bucks or so to get their hands on one or two items. The agencies don’t want that. They want professional buyers who have business channels set-up to quickly move all the items they can get their hands on. Because, even though these professional buyers will buy more cheaply on a per-item basis, they still buy, and buy, and buy, and buy. And, they will buy items that casual buyers just wont bid on — pallets full of industrial machine parts, and what have you — because the professional buyers have the contacts and the means to resell such items. Casual buyers — members of the general public — just don’t. They have no interest in acquiring such things.
So, if by over publicizing such auctions the agency drives away the professional buyers and are left with a room full of average people — people who merely saw an ad somewhere and decided to go and try to grab a bargain or two on some piece of merchandise they might want to acquire for their own use, there’s a much greater chance the auction is going to conclude and that the agency conducting the auction, while, on a per-item basis having received higher prices on the items that did sell than they otherwise would have, are left stuck with a ton of excess goods that didn’t move. And, this is exactly what the agency doesn’t want. They want rid of the stuff. They don’t want to have to deal with it any longer. They need to make room. That is their primary concern.
Due to this tendency to under-publicize these auctions, most people don’t have time, dedication and know-how that’s required to hunt them down and discover exactly when and where these auctions are taking place. They might attend one if they, by chance, happen across a small notice in their local paper, or something. But they wont go out of their way to actually seek out the information — which is what is required, really, if you wish to attend these auctions on anything approaching a regular basis.
So, what must you do to put forth the effort in actually locating these auctions? Well, there really are two methods. You can do all of the footwork yourself — keep browsing the classified sections by daily routine in local papers, find and contact auction services that handle such auctions on a regular basis and ask them to notify you of any scheduled auctions, and do the same with the government agencies directly. Or, you could incorporate the services of an organization that does all of that work for you. Services such as the one located here.
Such a service will provide you with a comprehensive and frequently updated database of all upcoming government surplus auctions that are scheduled to take place in your specific area. You can set the service to notify you through e-mail whenever a new auction, in any area you specify, has been scheduled. Or, you can search through their database any time you choose. Their service will provide you with dates, times, locations, contact information for representatives involved in running the auctions, and in most cases even detailed and comprehensive listings of the specific items that will be available for bidding on at those auctions. You can even browse the auction listing by state, or conduct searches based on Zip code and choose to have results returned based on a specific radius in which you’re willing to travel to in order to attend such government surplus auctions.
The particular government surplus auction locating service mentioned above, that you can visit by clicking here, will even allow you to search by a specific item that you’re interested in and will then return results for any upcoming auction that is selling that item — it will provide you with the date, location, information you need to know about the auction itself, and specific, detailed information regarding the particular item that’s up for sale. Along with that, they maintain a nationwide database of foreclosure and pre-foreclosure properties — if you’re interested in purchasing real-estate at surplus auction prices. They also provide a wealth of educational materials — including a library of videos of actual surplus auctions being conducted — in order to familiarize you with the process of taking part in a government surplus auction. They maintain a list of recent surplus auction results and sale prices — providing you with an idea of what to expect to pay in order to actually win bids at any auction you might be interested in attending. A good auction locating service, such as the one linked to above, will provide all of these features and more.
There’s no doubt at all that making money with government surplus auctions is a very workable avenue toward real revenue generation for just about any individual. And, there’s also no doubt that taking advantage of a qualified locating service is practically a must for anyone with an interest in really making money with government surplus auctions on a regular basis.