Are you a regular attendee of AZ auctions or an owner or employee of an auction company? Check out this presentation from Auction Systems' President & CEO, Deb Weidenhamer on buying municipal property at auction. Also visit http://www.auctionANDappriase.com/ today.

1. City Surplus Auction in Phoenix: Why Buy Unwanted Municipal PropertyBy: Deb WeidenhamerPresident & CEO, Auction Systems

2. Why Buy Unwanted Municipal Property A city surplus auction in Phoenix is conducted when property is no longer needed to conduct municipal business. Often managed by an outside service, city surplus auctions provide a convenient way for buyers to purchase unwanted government assets. Greatly reduced pricing, high quality and huge varieties of items represent the major benefits for buyers.

3. Why Buy Unwanted Municipal Property Government auctions typically involve selling property from two sources: 1. Seized or abandoned property being sold according to law. 2. Government-owned assets not serving a useful purpose. A city surplus auction in Phoenix falls into the second category and offers buyers a huge collection of different property types. Examples of typical surplus inventory include vehicles, tractors, trailers, specialized equipment, tools, computers, office equipment, office furnishings, appliances, and much more. In fact, just think of all the departments operating within a city government. Any item used within these areas could become unwanted and auctioned as surplus.

4. City Surplus Auctions in Phoenix A city surplus auction in Phoenix is open to the general public. In many instances, prospective buyers can preview items before bidding. You may be able to see a photo and description online prior to the auction, and/or inspect the item during scheduled times. Auctioneers managing the city surplus auction will publish details of the event. In addition to dates and times, auction buying terms are usually made available to the public well in advance. These terms include deposit requirements, payment methods, item release criteria, refund policies and other stipulations involved in the transfer of property.

5. City Surplus Auctions in Phoenix Buyers attending a city surplus auction in Phoenix can benefit in multiple ways. Pricing: Receiving below-market prices on city surplus items is more the norm than the exception. You can even get big ticket items like cars and trucks at bargain prices. It’s not unusual for city surplus assets to sell for more than half of their current value. In addition, low priced items present an opportunity for resellers. When inventory can be purchased well below market prices, buyers can make a profit from reselling the merchandise. Reselling has become a lucrative and growing business for many people. And, a city surplus auction in Phoenix provides a steady stream of great deals.

6. City Surplus Auctions in Phoenix Buyers attending a city surplus auction in Phoenix can benefit in multiple ways. Quality: Although city surplus items are sold as-is and without warranty, property condition is often excellent. Government agencies follow established processes to inspect and maintain their assets. In the majority of cases, city surplus property will have received regular upkeep and be in great working order.

7. City Surplus Auctions in Phoenix Buyers attending a city surplus auction in Phoenix can benefit in multiple ways. Variety: Anything used in city business is fair game to be sold at auction. Municipalities continually analyze asset use and determine value. In other words, cities will compare the benefits of continuing to use the property versus receiving cash from a sale. In today’s tough economic environment, government agencies are often strapped for revenue and will sell high-quality items. Buyers can find considerable product diversity at a city surplus auction in Phoenix. Anything used to conduct city business can show up at auction. From unique items like fire department hoses to more common assets like computer equipment, city surplus auctions will provide something to pique the interest of every attendee.

8. City Surplus Auctions in Phoenix City surplus auctions are conducted regularly and offer an ongoing flow of valuable inventory. Buyers can check with local auction services for specifics about each event. With numerous opportunities to save on quality property, a city surplus auction in Phoenix should become a regular stop for savvy buyers.

9. About the Author Deb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals. Visit us at http://www.auctionandappraise.com or call 1-800-801-8880 for more information about our Arizona auction company.