Category Archives: Uncategorized

Observation Tower: Defend Your Kingdom

Observation towerFirst up on the auction block on this fine Wednesday morning is this military grade observation tower. The tower sits on a trailer so you can hitch this unit to your vehicle and bring it along on your next hunting excursion or adventure. You can also use it to protect your property from intruders and thieves. The inside of the observation tower is rather sparse, containing only a single red office chair and some controls, but with a bit of elbow grease and some creativity this observation tower can be so much more! We’re thinking mini-fridge and iPad docking station. The current bid on this observation tower is just $733 with 9 bids already placed and less than 3 hours left in the auction. The condition of this item is not warranted and some repairs may be needed to restore this observation tower to its former glory.  If you’d like to find out more about this online surplus auction then all you have to do is click here right now to activate your free trial!

Single Family Home In Denver, Colorado: Dude, This Deal Is Like Totally Sweet, Ya Know?

weedIf you’re interested in living in a state that absolutely loves their pot, then you might want to pay close attention to this next auction deal. Going up for live bid on February 26th, 2015 is this charming single family home located in Denver, Colorado. This single level home consists of 1,213 square feet of living space that rests on top of a 6,000 square ft lot of land. Once you step foot into this house, you’ll find that it has 2 spacious bedrooms, 1 full sized bathroom, an eat in kitchen, living room, family room with stone fireplace, covered front porch, storage shed, and a detached 2 car garage. This home additionally features a 816 square ft basement that contains a laundry room area and an additional bath. If you’d like to find out more about this upcoming live auction and how to attend it at the end of this month, then simply click here right now in order to activate your 3 day free trial account. Munchies not included.

 

 

Technology Tips For Successful Auction-Goers

Technology Blackboard

We’re still trying to wrap our heads around the fact that it’s 2015. That’s the year that was depicted in the timeless science fiction classic Back to the Future Part II, where Marty McFly and “Doc” Brown use the Delorean time machine to transport themselves far into the future. According to the film, everyone should have hover boards and flying cars by now. On this prediction, the film wasn’t too far off: do a basic Google search for either of those two seemingly improbable inventions and you will see that they both already exist, albeit not in the way that was depicted in the film and not readily available to the masses yet, but impressive nonetheless. Anyway, we digress. Since it’s 2015, we wanted to touch upon some useful technology tips that you can use as an auction-goer to make this year more profitable and efficient than ever. These tips can be used by anyone, even if you are not a reseller. Also, you can use them no matter if you’re attending a government auction, estate sale, garage sale, or other venue.

Sourcing Items For Resale

One of the most important factors when sourcing items for resale online or otherwise is knowing what similar items are selling for. This is why having an internet-connected smartphone is absolutely crucial to your success. With a smartphone, you can quickly and easily look up prices online for specfic items. Furthermore, we recommend downloading the eBay and Amazon apps so that you can look up prices directly on those sites. With the eBay app, you can look at completed listings to see what that specific item or similar items recently sold for.

Make Payments Easily

These days most auctions accept credit and debit cards as a form of payment. In fact, if credit cards are accepted we would encourage you to use them as long as you pay them off right away. This way you earn points while buying items. Having a smartphone handy will allow you to quickly transfer money into the right accounts.

​Take Pictures With Your Phone to Save Time

If you are selling expensive items and you really need high quality photos then you should definitely still use a quality camera. However, for most items, a smartphone will suffice. For example, I use a Samsung Galaxy Note 4, which has a 16 megapixel camera, and the photo quality is excellent. After you’re done taking pictures you can quickly upload them straight from your phone to the cloud (Google Drive or Drop Box) with a single button. From there, you can upload the pictures to any online marketplace. This simple trick has literally saved me hundreds of hours over the last couple of years when listings items online. You can also use your phone to take pictures at auctions in order to keep a digital record of items that have sold and how much they sold for. This will make it easier for you to know whether or not an item is a good deal in the future.

Five Simple Ways You Save Money With Government Auctions In 2015

Auction_Warehouse

With each new year comes a new set of financial resolutions. Whether you’re looking to save more money, spend less, earn more, or all of the above, we’re sure you can benefit from these simple tips from GovernmentAuctions.org.

Before you visit an auto dealership or search online, try attending a government auction for your next car purchase. Car dealers make their money by buying their inventory from dealer auctions or trade-ins, and marking up the vehicles by several thousand dollars. You can go around them by attending an auto auction yourself even if you don’t have a dealer license. Sure you can find deals by searching through online marketplaces, but government auctions are one of the few ways the public can buy autos at wholesale prices. You can potentially save tens of thousands of dollars in your lifetime by purchasing cars that are only a few years old, are in relatively good shape, and have low miles.  These types of cars are frequently auctioned off to the public.

Save Money on Gas. Although the average price of a gallon of gas has fallen considerably over the past several weeks, you can still save a bundle by following a few simple steps. One of the easiest ways to save money on gas is to sign up for supermarket gas promotions. Look for items that qualify for gas rewards points and you can easily save anywhere from $0.50-$2.20 per gallon. Another way to save on gas money is to buy a scooter or a motorcycle, which you can use for short trips around town, or even longer trips if you are an experienced rider. Most scooters get close to 100 MPG. There are plenty of cheap, reliable scooters and motorcycles being auctioned off every week on GovernmentAuctions.org. Finally, make sure you do some research before filling up, because there can be a fairly large difference in price

Sell your old stuff online or buy things you can resell for a profit. It’s amazing how much stuff most of us having lying around the house. Looking around my own apartment, I recently found over $2,000 worth of things that I no longer needed, that I was able to sell online. That’s no chump change. Besides selling your own things, you can also attend flea markets, estate sales, and of course government auctions, to buy things that you can resell later. The beauty of government auctions is that many things are sold in bulk lots, which can be broken up and resold individually online. It’s best to buy small items with a high value, like cellphones, jewelry, coins, etc., because they are easy to ship.

Instead of buying brand new, buy gently-used stuff. As Americans, when we want something we just run to the store or go online, whip out the credit card and get whatever it is that we want. It’s amazing how much money you can save by buying second-hand items. It’s easy to save thousands of dollars per year on clothes, electronics, furniture, and more by buying a slightly used item. There are so many people who purchase a pair of shoes, a smartphone, or a couch, realize a few months later that they don’t want or need it, and decide to sell it for half of what they paid. You can also find thousands of seized and surplus items, most of which are gently-used or even new, on GovernmentAuctions.org, from iPad to office furniture, that are selling for deeply discounted prices.

Buy everyday (non-perishable) items in bulk. You can save a ton of money by buying things in bulk, especially when they are on sale. If there is a particular item that you use frequently and regularly, and you see it on sale for a lot less than you would normally pay, buy a lot of that item. As long as it’s not perishable, it will not go to waste. Buying in bulk also applies to government auctions. Usually, you can get a much better deal if you buy a bulk lot of 100 used cellphones as opposed to buying a single cellphone. The reason for this is that most people are either not looking to buy such a large amount or cannot afford to spend so much money all at once.

What You Need To Know About Civil Asset Forfeiture

Hopefully it hasn’t happened to you, but each year billions of dollars in assets believed to be connected to criminal activity, are seized by state and local law enforcement agencies around the United States. It is a common and accepted practice among law enforcement agencies, because it helps to finance their work and supplement state budgets.

The exact value of the goods seized by state and local authorities is somewhat difficult to estimate, but at least $4 billions in assets was seized last year alone.

The most common items seized are cars, houses, and cash. The reason for this is simple: authorities typically go after things they can easily dispose of. While they can generally seize any item if it is suspected of being connected to a crime, it can be somewhat difficult to make a connection between a toaster oven and a crime. On the other hand, criminals often use their homes for illegal growing operations and drug manufacturing. Cars and cash are also easy to implicate in criminal activities, and easy for police departments to get rid of or put to good use.

Once the assets are seized, they’re often auctioned off immediately, unless the owner pays to have them stored while the case goes to trial. That’s why there are so many of these property auctions taking place all the time.

To find seized property auctions, visit Governmentauctions.org, and then head to the government auctions tab on the homepage. From there, you can select the state you’re interested in and see if there are any seized property auctions coming up. A quick search revealed one coming up in New York and another in Ohio, but there are certainly others.

Finding Profitable Things to Sell Online

Government auctions can be an excellent source of items to flip or resell online. We recently saw one gentleman buy a single lot of 100 smartphones for $30 each and then turn around and resell them online for $75-$100 each. Most of the cellphones were seized or otherwise confiscated by police departments across the country. Why was this gentleman able to get the phones at such a discount, you might ask. One reason might be that many people who attend auctions are looking for the hottest phones on the market: iphones, sumsungs, etc. However, this bidder was able to see value in some less popular brands, which he realized still sold quite well in online marketplaces. Let’s face it, when someone loses their $700 smartphone, they need a replacement, and they aren’t always able or willing to spend an equivalent amount on it, so they turn to cheaper alternatives.

We bring up this case to demonstrate that there are several important considerations that need to be made when searching for an item to resell profitably online:

Profit Margin

The reason the gentleman in the example was successful was because he found an item with a considerable margin of safety. It’s important to remember that popular online marketplaces have selling and payment processing fees, which can amount to as much as 20% of the final purchase price. In some instances, you may also have to offer free shipping in order to stay competitive in the market place. If you’re planning on doing some advertising for the items you bought, then this expense also needs to be taken into account. Because the gentleman was able to resell the phones for more than twice what he paid, he was still able to make a nice profit on each phone.

Size of the item

Smartphones are an excellent item to sell because they are small and east to ship. With large items, either you are the buyer are likely to incur considerable shipping costs, which will ultimately eat into your profits. With larger items, you are better off unloading them via a classified site or local listings. However, it might be somewhat time consuming to get rid of 100 office chairs using this method. That’s why it’s important to know how you will be disposing of an item before bidding on it at auction.

Popularity of the item

Another consideration to make is the popularity of the item in question. For instance, you might see a great deal on a piece of medical equipment that you know is worth triple the amount you will pay for at the auction, but unless you have a medical office or a hospital that is willing to purchase this item from you, there may be no way for you to unload it. Do some research before the auction, by looking up how many and at what price certain items recently sold for at online marketplaces. Information of this nature is easily obtainable, and at no cost to you.

Start searching for profitable items to resell online or in person at Governmentauctions.org. If you have a particular item in mind, click on the items tab on the homepage, then type in the name of the item and click Go. From there, you can sort by city and auction date. If you’re not sure about what you’d like to sell yet, click on the Government Auctions tab, and search for general auctions in your area.

Fire Extinguishers (Lot of 50): Load Up The Truck

Fire ExtinguishersNext up on the auction block is this lot of 50 fire extinguishers. These fire extinguishers are loaded with 20 lbs of purple k dry chemical, and mounting brackets are included. The approximate dimensions are 10″ long by 9″ wide by 28″ high and weighing appx 45lbs. These fire extinguishers retail for over $100 each, so the winner of this auction could walk away with a real bargain. There are currently just 5 bidders with the highest bid at $606.  This online auction will be ending in exactly 1 days 1 hour and 0 minutes so if you’d like to find out more about it then all you have to do is activate your free trial account right now!

80″ Tall Ficus Tree In Fort Worth, TX: Don’t Be Fickle, Get a Ficus!

ficusCheck out this next auction is something you don’t see every day. It’s for this 80″ tall Ficus Tree. Also commonly known as a weeping fig or Benjamin’s fig, this plant is native to southeast Asia and Australia. Fun fact: it’s also the official tree of Bangkok! In its natural conditions this tree can reach up to 98 feet tall and has gracefully drooping branches and glossy leaves. Don’t worry though, this particular plant won’t ever grow to be that big and would look great in any living room or office workplace. All potential bidders are strongly encouraged to come in and inspect this item before bidding. The current asking price for it is just $10 with no bids as of yet. If you’d like to find out more about this auction ending in 6 days, 22 hours, and 44 minutes, so if you’d like to find out more than be sure to click here right now! It’s that easy!

 

Trident and Torque Kayaks: 2 Kayaks, 1 Low Price!

kayaksAre you in need of a kayak? How about two kayaks? Well if you are, then you’re in luck because now up for online auction is exactly that! The first kayak is for a Trident 11 Camo Angler kayak. It comes in gray and measures 11.5 feet long and has a max capacity of 350-400 lbs. The second kayak is a Torque Camo U3 (serial# XTC39114L213) and it also has a 350-400 lbs capacity. Both kayaks are in great condition and have no stated defects. A thorough inspection of these two items is strongly suggest. The current asking price for this online surplus auction is just $261 with 2 online bids already placed. This auction will be end in precisely 5 days, 1 hour, and 35 minutes so to learn more about it and how to participate then simply click here now to begin your 3 day free trial account.

 

Lof of Assorted Items: You Never Know What You’re Gonna Get!

fan lotFirst up on the auction block is this lot consisting of assorted items. What assorted items you may be asking yourself. Well it’s a lot of stuff so get ready! This lot has: one hydromatic submersible pump, model D-A1, Lexmark X6570 color printer, Lexmark X5495N color printer, Schwinn IC Pro Exercise bike, 9 piece luxury Chris Madden bedding set, 7 piece JCPenny bedding set, bench grinder, DeWalt Emglo air compressor, Keystone Platinum Plus custom wheel rims, American Racing wheel rims, Kingcraft grass shear & shrubber 18 volt combo, GE Profile Microwave model JVM1860SF, a 42″ Decorative ceiling fan model TB42VWH-LC1, and a ton more stuff! These items are mostly either new or gently used. The current asking price for the bulk is only $550 with 4 online bids placed. This auction will be ending in just 4 days so be sure to activate your 3 day free trial right now.