There are one of the most diverse, if not largest, liquidators so give them a visit if you’re looking for anything that your tax dollars paid for! GovDeals is the branch that sells, you guessed it, government surplus. GovDeals is a LiquidityServices company as is, AllSurplus, and Machinio. There are really only a couple of large auction houses and most of them have several outlets and marketing tactics for different types of items. They are a worldwide company where you find just about every type of surplus that you could possibly need. AllSurplusĪllSurplus has sold over eight billion dollars worth of goods and counting. I’ve never purchased anything here as I can’t imagine there is much money to be made but this will be my first start if I ever need to dig to the center of the earth. main hub for auctioning off heavy equipment. While there is a good amount of government surplus to be had, this is Ritchie Bros. If you’re looking for auctions of surplus from construction companies and manufacturers then IronPlanet is the place to be. If you are looking for heavy machinery or trucks, start here. While I do look through GovPlanet on occasion I find that it is more suited to the buyer who is looking for something specific to keep. Traditionally the company is known for auctioning heavy machinery and trucks but GovPlanet focuses on military surplus such as Humvees, cargo trucks, etc. GovPlanet is a legitimate website that is run by Ritchie Bros., one of the largest auction houses in the world.
Simply create an account and start bidding! 2. Of all the surplus and liquidation sites this one might the easiest to register on and use. This includes all aspects of the school system so you can get anything from laptops to welders to classroom projectors. They handle surplus from all public institutions but seem to get a good deal of their inventory from school districts. When it comes to bidding on government surplus, PublicSurplus was one of the first to take it online. 5 Best Places To Buy Government Liquidation & Public Surplus 1. So let’s do a quick run-through and review of the best places you can shop. While I haven’t made $24,000 on a single flip (yet) I have made some great money and found some awesome things for myself. I obviously started attending local auctions and subscribed to as many government and public surplus auctions sites as I could find to try and score killer deals. Now, sure, they had fees and taxes to pay but there’s no denying that they made a chunk of change and seemed to be about 3x as smart as I. They had bought a high lift cherry picker truck as a local surplus auction for $6,000 and sold it to a local business for $30,000.
#Government liquidation full
Of course, I was pretty intrigued that they managed to make as much as most eBay sellers make in a full year within a week. One day I was sifting through other people’s eBay sales on Instagram and saw someone post that they had just made $24,000 on a single flip.
I had bought thousands of items from thrift stores, perused yard sales until my eyes bled, and even bought a dozen pallets from. As an Amazon Associate I earn from qualifying purchases.Ībout a year ago I hit a wall when it came to my eBay reselling business.
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