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General U.S. Government Auction Links and Info!

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General U.S. Government Auction Links and Info!

Here are a bunch of great sites that will get you buying from government auctions in

no time! There are links on many of these pages that will lead you to thousands of

other great auction sites.

GSA Auctions

http://www.gsa.gov/public.htm

GSA Property Auctions

http://www.gsa.gov/property.htm

US Customs Auctions

http://www.treas.gov/auctions/customs

United States Postal Service

http://www.usps.gov/consumer/auctions.htm

FCC Auctions

http://www.fcc.gov/wtb/auctions/Welcome.html

IRS Auctions

http://www.treas.gov/auctions/irs

SurplusUSA

http://www.surplususa.com/

Defense Reutilization & Marketing Service

http://www.drms.dla.mil/

FDIC

http://www.fdic.gov/index.html

Tax lien Research Center

http://www.investorsnet.com/taxliens/tlcs-rc/index.html

Abamex

http://www.abamex.com

Larry Latham Auctioneers

http://www.lathamauction.com

Financenet

http://www.financenet.gov/sales.htm

Lone Star Auctioneers

http://www.lonestarauctioneers.com/

McCormack Auction Co.

http://www.auctionweb.com/mccormac/

SWICO

http://www2.cy-net.net/~swico/index.html

BEL Auctions

http://www.bel-auction.com/

Erkelens Sales & Auction Co.

http://www.erkelens.com/erkelens2.htm

TNT Auctions

http://www.tntauction.com/

WW-Sales

http://www.ww-sales.com/

Tampa Machinery Auction

http://www.tmauction.com

Manheim Auctions Government Services

http://www.govservices.com/guns.html

Auctions

• Government Asset Sales (FinanceNet)
  • Links to the various federal government web sites on auctions of seized property
  • Links to state and selected foreign government auction sites
• Treasury Auctions
  • Government auctions for property seized by the IRS and for criminal seizures
  • Links to other federal auction pages (e.g. housing, small business)

	Federal Government Sales - The U.S. General Services Administration Consumer Information Center document on federal government sales.    Federal
	Federal Window Government Auction Service Center - A complete online Government Auction Service Center, providing access, tools, and services you need to begin saving today.
	Government Auction Page - Free information on government auctions.
	GovSale.gov (By Financenet) - Information on the sale or auction of public assets offered to the general public electronically. Sale information is available on a state, federal and international level.    Federal
	Internet Auction List - Web portal to the Internet Auction Community.
	Online Government Auctioneers Directory - 76 listings of related links regarding government auctions.
	Seized Property Auctions - List of property and locations where seized property will be auctioned by the U.S. Department of the Treasury.    Federal

Abamex Auction Co. - San Diego, California[live] Real estate and personal property auctions. Government, banks, bankruptcies, foreclosures Bank & Estate Liquidators, Inc. - Houston, Texas[live] Conducts auctions for The United States Department of Justice, Southern Region and U.S. Bankruptcy Courts. Bendis Companies, Inc. - Riverside, California[live] Surplus auctions of all kinds including Cal Trans authorized auctioneers. bid4assets.com - USA[online] Your Internet Market for Government, Bankruptcy and Foreclosed Assets Cunningham & Associates - Phoenix, Arizona[live] Bankruptcy, Real Estate & Business Liquidations Auctions conducted in the Phoenix area. DGS Contract Services - Erwin, North Carolina[live] Auctions conducted for the North Carolina Department of Revenue, North Carolina Department of Public Instruction (Seized Vehicles) and United States Marshals Service (Seized Asset Durham Auctions, Inc. - Hattiesburg, Mississippi[live] Specializing in government surplus (cities, counties, state agencies), power associations, financial institutions, and contractors. FCC Auctions - Washington, District of Columbia[online] Listing of upcoming Federal Communications Commission auctions and auction newsletter info. Federal Deposit Insurance Corporation - Washington, District of Columbia[online] Auction of non-performing loans. FEDTRUST, Liquidations - Nationwide, USA[live] Nationwide sales of Seizure / Forfeiture and other property on behalf of secured parties, lienholders, state/local or federal agencies/ banks/estates/attornies/court ordered settlements/federal credit unions and other parties within the public and private Frank Collier Auction & Realty Co. - Brentwood, Tennessee[live] Government Property Seizures Government Auction Page - Nation Wide, USA[live & online] A Nationwide list of Government Auctions, and Auctioneers with links to their Pages. Auction Dates and, inventories. Harold Mather Auctioneers - Spanaway, Washington[live] Specialize in Government auctions including the WA Dept of Energy. Harv Levin, Inc. Auctioneers - Portsmouth, New Hampshire[live] Specialize in government foreclosure sales. IRS - Real and Personal Property Sales - Washington, District of Columbia[online] Auctions and sales of seized property, including automobiles and real estate. Larry Latham Auctioneers - Scottsdale, Arizona[live] A nationwide Auction company specializing in selling Real Estate for individuals, financial institutions and the federal government. Levy/Latham Global - Scottsdale, Arizona[live] Private Marketers of U.S. Government Military Surplus Assets Lone Star Auctioneers, Inc. - Fort Worth, Texas[live] Seized and surplus property for the U.S. Marshals Service, Internal Revenue Service, U.S. Bankruptcy Court, the States of Texas and California, and numerous cities, counties and other government agencies. McCormack Auction Company - El Cajon, California[live] Customs department auctions. Nationwide Auction Systems - Kansas City, Missouri[live] The world's largest professional auctioning corporation specializing in governmental, utility surplus and private industry. Official U.S. Government Site for Asset Sales - Washinton, District of Columbia[live] U.S. Commerce Department's Finance Net is developing a "one-stop-shopping" site for Information on the sale of all manner of public assets from real property and loans to planes, boats, cars, jewelry, and just about anything that any government, Federal, Oregon State University Surplus Property - Corvallis, Oregon[live & online] OSU sells hundreds of items at it's monthly auctions, and has recently added an "online" auction function. We sell everything that isused on campus- computers, typewriters, furniture, scientific equipment, heavy equipment, wood working and industrial mach Pleasant Auctioneers International - Kyle , Texas[live] Over 22 Years of Experience in Government and seized property Rene Bates Auctioneers - McKinney, Texas[live] We specializes in auctions of municipal fleet vehicles and equipment. Site includes up-to-date auction calendar and sale information, mailing list, contact information. Rosen Auctions - Honolulu, Hawaii[live] Siezed property of all types Salt Lake Commnunity College - Surplus Auction - Salt Lake City, Utah[live] Online auction of SLCC surplus property. Surplus USA - Kansas City, Missouri[online] Listing of government and military surplus auctions across the country. Tampa Machinery Auction, Inc. - Tampa, Florida[live] Holds monthly auctions of surplus government and utility company vehicles and equipment. Auctions held on the 2nd Saturday each month. Most auctions feature 400 vehicles and 400 pieces of equipment. Tax Lien Auction Listings - Online, USA[online] Resource for listing of tax lien auctions for all 50 states. TNT Auction - Salt Lake City, Utah[live] Auction Calendar, Auction Information, About TNT Auction, Why Use TNT Auction, Join Our Mailing List, Links to Affiliated Sites Tommy Lutes Auctioneers - Texas[live] Liquidating local government and school district property. U.S.Customs Department - Washington, District of Columbia[live] Auctions and sales of seized property, including automobiles and real estate. Vail International Auctioneers - Vail, Colorado[live] The designated sales contractor for the disposition of surplus property at the Rocky Flats Environmental Technology Site near Golden Colorado. Public Auctions of U.S. Government Property are held monthly.

• Contains financial and nonfinancial assistance programs administered by departments and establishments of the Federal government. The Catalog is a government-wide compendium of Federal programs, projects, services, and activities which provide assistance or benefits to the American public.

• Access U.S. health information, travelers' health information, and information from the National Center for Health Statistics.

• Provides access to basic United States Government documents, current and historical, that define the American democratic society.

• Scan the Federal Register database for the years 1995, 1996, and 1997.

• Provides easy one-stop access to all online U.S. Federal Government resources.

• Link to a broad range of consumer information from numerous federal agencies.

• Access to the Code of Federal Regulations, the Federal Register, the federal budget, GPO products for sale, etc.

• Offers information resources on Medicare and Medicaid

• Provides immigration forms and up-to-date information about the agency and its services.

• Offers links to each state's tax resources.

• Access to Congressional activity including bill summaries and statuses, House and Senate roll call votes, the latest floor actions. This site also includes The Congressional Record back to 1990, committee information, and much more.

• Provides links to government auction items.

• Offers fast links to some of the most requested government forms available on the Internet.

Types Of Government Auctions

• Invitation for Bid Auctions: The government agency prepares an informational sheet that describes the property up for auction. You submit your auction bid to the government agency. On the bid-opening date, the auction bids are read publicly and the award is made to the highest auction bidder.

• Public Auctions: The government agency follows traditional auction procedures and gives prospective buyers a description of the property to be auctioned along with bidding instructions before the auction. The auctioneer conducting the auction offers the auction property item-by-item and awards the auctioned item to the highest bidder. When buying through an auction, the buyer must be present at the auction to bid, unlike the sealed bid auction method, which is conducted by mail.

• Sealed Bidders Auctions: A sales method that combines aspects of the "Invitation for Bid Auction" and Public Auction methods. Auction bidders submit sealed auction bids on the item being offered for auction and the highest sealed bidders are then allowed to participate in a public auction. The public auction bidding starts with the highest sealed bid.

• Spot Bid Auctions: Auction bidders are usually required to attend the auction to place their bid in written form. The property is offered item-by-item, as in a public auction. However, in a public auction, the bids are voiced; with the spot bid auction, the written form allows a one-time chance for the auction bidder. The highest bidder is announced publicly, receives the award, and the sale is made. Buyers are encouraged to be present at the award.

Learn Auction Basics

Public Auction or Open Auction- An auction that anyone can attend. The auctioneer offers items for bids.

All items are sold to the highest bidder.

Absolute Auction- This is the best type of auction to attend. An Absolute Auction has no reserve prices

pre set. The auctioneer must except all bids. If there is only one bid of one dollar on an item. The

auctioneer must sell to that bidder.

Private Auction- Operates the same as a public auction. But the public is not invited. Bidders must be

invited by the auctioneer, or his employer.

Reserve Auctions- A reserve auction is generally open to the public. The auctioneer offers items for bids

with a minimum price. If that price is not reached in the bidding. That item is not sold. If the owner of the

item is present at the auction. The auctioneer will ask him if he will except the lower bid. Sometimes yes

Sometimes no.

Sealed Bid Auctions- These auctions or most often conducted by mail. On your request the government

will send you an "Invitation to Bid" form (for each item you wish to bid on ). You must fill it out. Include

a deposit (set by the auction). Then mail it to the auction by a preset cut off date. All bids will be opened

at the same time , and the highest bidder wins. If you do not win the bid. Your deposit will be returned

along with the results of the auction.

Spot Bid Auctions- Similar to a sealed bid auction. But you would be present at the auction site. As each

item comes up for sale if you wish to bid you will write down your bid and bidder number. Insert it into an

envelope. Then hand it to the auctioneer. He opens all bids. The highest bid wins.

Negotiated Sales Auctions- Bids are made before you attend the Auction .

What Government Agencies Have Auctions

U.S. Government Surplus Auctions

Defense Reutilization Marketing Office

General Services Administration Reutilization

U.S. Postal Service

U.S. Government Seized Property Auctions

Internal Revenue Service

U.S. Marshals Service

U.S. Customs Service

Small Business Administration

U.S. Government real-estate

Department of Housing and Urban Development (HUD)

Department of Veterans Affairs (VA)

Federal Deposit Insurance Corporation (FDIC)

Small Business Administration (SBA)

Internal Revenue Service (IRS)

Local Auctions

State Surplus Agency

County Tax Liens

Local Police

What Government Agencies Have Auctions:

U.S. Government Surplus Auctions Defense Reutilization Marketing Office General Services Administration Reutilization U.S. Postal Service U.S. Government Seized Property Auctions Internal Revenue Service U.S. Marshals Service U.S. Customs Service Small Business Administration U.S. Government real-estate Department of Housing and Urban Development (HUD) Department of Veterans Affairs (VA) Federal Deposit Insurance Corporation (FDIC) Small Business Administration (SBA) Internal Revenue Service (IRS) Local Auctions State Surplus Agency County Tax Liens Local Police GOVERNMENT AUCTIONS Here are a bunch of great sites that will get you buying from government auctions in no time! There are links on many of these pages that will lead you to thousands of other great auction sites. GSA Auctions http://www.gsa.gov/public.htm GSA Property Auctions http://www.gsa.gov/property.htm US Customs Auctions http://www.treas.gov/auctions/customs/ United States Postal Service http://www.usps.gov/consumer/auctions.htm FCC Auctions http://www.fcc.gov/wtb/auctions/Welcome.html IRS Auctions http://www.treas.gov/auctions/irs/ SurplusUSA http://www.surplususa.com/ Defense Reutilization & Marketing Service http://www.drms.dla.mil/ FDIC http://www.fdic.gov/index.html Tax lien Research Center http://www.investorsnet.com/taxliens/tlcs-rc/index.html Abamex http://www.abamex.com/ Larry Latham Auctioneers http://www.lathamauction.com Financenet http://www.financenet.gov/sales.htm Lone Star Auctioneers http://www.lonestarauctioneers.com/ McCormack Auction Co. http://www.auctionweb.com/mccormac/ SWICO http://www2.cy-net.net/~swico/index.html BEL Auctions http://www.bel-auction.com/ Erkelens Sales & Auction Co. http://www.erkelens.com/erkelens2.htm TNT Auctions http://www.tntauction.com/ WW-Sales http://www.ww-sales.com/ Tampa Machinery Auction http://www.tmauction.com/ Manheim Auctions Government Services http://www.govservices.com/guns.html LIST OF GOVERNMENT RETAIL OUTLETS IN THE U.S. This listing of info can be found on the web at: http://www.6com.com/govern.htm

The Ten Most Asked Questions About Auctions

#1 -- What type of merchandise is sold at auctions ?

Almost every product that is for sale in the United States will at one time

or another be available at Auctions.

This is a partial list of the most common items : Automobiles , Trucks ,Vans ,

Buses , Jeep Cherokee , Motorcycles , ( Most Vehicles are in excellent condition,

with low mileage. at G.S.A. Government Auctions.) , Boats , Ships , Airplanes ,

Cameras , Office equipment , Computer equipment , Building Materials , Electronic Equipment,

Farm Equipment , Homes , Commercial Real Estate , Bicycles , VCRs , Stereos , Power Tools,

forklifts , Audio Visual Equipment , and much much more.

#2 -- Why does the government sell goods at auctions ?

All Government Agencies rotate their inventory on a regular basis. Government Agencies

are mandated by law to put their surplus up for public Auction.

#3 -- Where Does All This Merchandise Come From ?

Most merchandise that ends up in government auctions is surplus. Goods that are over stocked,

no longer needed, or updated. Real estate, Commercial property, and Homes are sold as surplus.

When the government no longer has a use for them. Or the property was seized. Or went in to

foreclosure from a loan default.

#4 -- How good are the Prices ?

The prices are varied from Auction to Auction. To get the best deals on Vehicles , Airplanes,

and Boats. The G.S.A. Government Auctions, and U.S. Customs Auctions are the best to attend.

To pick up TVs , VCRs , and Household goods a local Police Auction is your best bet .

#5 -- Who can attend these Auctions ?

Any one can attend. These auctions are open to the Public.

#6 -- What must I do to bid at an Auction ?

Almost all Auctions have some type of registration. You will have to show some form of

identification. When you are registered you will be given a bidding number. This Number

must be shone to the auctioneer when you make a bid. The auctioneer will accept bids

only from registered bidders.

#7 -- Is Auction merchandise sold " as is" ?

In almost every case Auctions sell "as is".

#8 -- Can I inspect the merchandise before I bid ?

All Auctions have an inspection period. It can range from a few hours before the Auction to a

day or two.

#9 -- If I buy something when can I take it home. ?

All items must be paid for in full. Before they can be removed from the Auction site. In the

case of motor vehicles title will be transferred to you when they are paid for in full.

#10 -- What forms of payment can I make ?

Cash is always accepted. Cashier's Checks , and Post Office money orders , are the preferred

forms of payment. Some Auctions if run by a private company will take Visa, and Master Card.

Always check with the Auction to be safe.

Auction Terms You Need to Know

Absolute- As in Absolute Auction. This means that whatever is put up for sale will be sold to the highest

bidder.

Example:

Say an Airplane is put up for sale and the only bid is $100 . That’s what the airplane sells for.

"AS IS"- Selling the property without warranties as to the condition and/or the fitness of the property for

a particular use. Buyers are solely responsible for examining and judging the property for their own

protection. Otherwise known as "As Is, Where Is" .

Bidder Number- The number issued to each person to registered at an auction.

Candle Auction Sale-A candle sale is a type of auction that uses phone mail as the method of bidding. A

minimum bid or asking price will be established for a property and prospective bidders will be required to

place a deposit with the State in order to participate.

Conditions Of Sale- The legal terms that govern the conduct of an auction, including acceptable methods

of payment, terms, buyer's premiums, possession, reserves and any other limiting factors of an auction.

Usually included in published advertisements or announced by the auctioneer prior to the start of the

auction.

Buyer's Premium- An advertised percentage of the high bid or flat fee added to the high bid to determine

the total contract price to be paid by the buyer.

Reserve- This means that the item for sale has a set dollar amount it must be sold for. If no one bids that

amount or more. The item will not be sold. It will be set aside by the auctioneer. Set aside items are

usually brought up for bidding again at the end of the auction session.

Minimum Bid- This means their is a minimum dollar amount you must bid to buy this item. A minimum

bid item typically indicates a reserve on these items.

Opening Bid- When an item is offered the Auctioneer will set a price.

Example:

Who will give me 100,100,100,100. Asking for a bid of $100 dollars. Just because an auctioneer is asking

for an opening bid of a $100 does not mean you have to bid a $100 dollars. You can bid anything you like.

If you start the bidding at $ 20 dollars . The final bid will be much less than it would be if you started at

$100 dollars.

Half- A bid that is half what the auctioneer is asking for.

Example:

During the bidding on an item the auctioneer will reach a point when he has a bid of say $500. He will

announce, got 500 who will give me 6 , several times and very fast. If you want to bid on the item but not

$600 . Pass your hand in front of your chest palm down . The auctioneer will give you the bid for $550.

Upset- This applies to residential or commercial property that has been foreclosed on. The residential or

commercial property can not be sold for less than the upset amount. Just like a reserve bid.

Knockdown or Hammer Price- The auctioneer will warn that he is going to knockdown on the last bid

offered. Meaning he is going to sell the Item if no higher bids are offered. He will bring down his gavel

and yell Sold to the bidder number that had the highest bid.

Lots- The auctioneer will tell you when he is selling items in lots. He might have 10 CD players in one

lot. He will auction them all for one price. This is the best way to buy for resale . The price per unit is less

than if each CD player were auctioned by it self.

Inspection- Specified date, time and place property is available for prospective buyer viewing and

evaluation. Also known as a Preview.

Shills- A shill is a bidder at an auction like you with one exception. This person has no intention of

buying anything. His sole purpose is to drive the bidding as high as he can without having the final bid.

Shills work for the auctioneers who receive a commission on the total dollar amount that is sold. Shills are

illegal. If you see some one who bids a lot but never buys anything watch out he may be a shill. Stay away

from this auction. To be fair to all the honest auctioneers It is very rare to find a situation like this.

When Auction Day Comes

If this is your first auction try hard not to overbid

I know how you feel. You have read all the information. Discovered some items you can not live without .

But remember you are still a newbe. This is the time to learn-- not plunge. Be very conservative in your

bids.

The Bidding Process

The seasoned bidder , and the beginner size up the first item up for bid. Get a feel for the auction . Note

the way the auctioneer starts the bidding. A good auctioneer leads the bidders. A bad auctioneer is lead by

the bidders. Watch the bidders closely. If every thing is running smoothly. Try a few very conservative

bids.

The Auction Catalog

Catalogs are a list of the items for sale at the auction you are attending. Each item has a lot number the

auction uses to identify it. As the items come up for bid. The auctioneer will start by saying. This is lot

number 5555 , and start the bidding. The items are auctioned in the order they are listed in.. The auction

catalog makes a great note book. Check off the items you want to bid on , and the highest price you will

pay.

Inspection Time

All public auctions set aside a time period for you to view the items up for auction. Use this time wisely.

This is your only chance to closely inspect the goods. Never bid on an item without inspecting it first.

Two Heads Are Better Than One

Bring a friend . It's easy to get carried away at an auction. Having someone you trust along helps settle

everything down. Especially if they know something about the items you are going to bid on.

Pay Attention

Auctions move at a very fast clip. A good auctioneer will sell an item every minute or two. Practice

keeping tract of who has the bid. When you bid on an item be careful not to over bid yourself. That is

probably the most common mistake a novice makes.

Auction Fever

The worst thing that can happen to you. Is to totally lose control. I have seen two bidders get mad at each

other , and run the bid up to twice the retail cost of the item they are bidding on. Set the price you will pay

BEFORE THE AUCTION STARTS.

Never Buy More Than You Can Handle

Remember at most auctions you must pay for and, remove the items the same day . Some auctions will

give you more time if you make arrangements in advance. Always be aware of the auctions time frame ,

H.I.R. Investments