The Benefits of a Phoenix Police Surplus Auction

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The Benefits of a Phoenix Police Surplus Auction

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Surplus personal property confiscated by a police department is typically auctioned to the public. Held on a regular basis, Phoenix police surplus auctions present opportunities for bidders to receive great deals on all kinds of merchandise, including big ticket items. Interested bidders can learn ahead of time what’s being auctioned and can inspect items prior to bidding. – PowerPoint PPT presentation

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Title: The Benefits of a Phoenix Police Surplus Auction


1
The Benefits of a Phoenix Police Surplus
Auctionby Deb Weidenhamer,President CEO
2
Bargain Hunters and Police Auctions
  • Surplus personal property confiscated by a
    police department is typically auctioned to the
    public.
  • Held on a regular basis, Phoenix police
    surplus auctions present opportunities for
    bidders to receive great deals on all kinds of
    merchandise, including big ticket items.
  • This presentation will provide Interested
    bidders information ahead of time whats being
    auctioned and can inspect items prior to bidding.

3
Police Auctions and Surplus Property
  • Can you really get a good deal at a Phoenix
    police surplus auction? Stories abound about
    people getting items at rock-bottom prices. Some
    people may think its too good to be true and
    look for the catch, like added costs or poor
    item quality.
  • But the skeptics may be pleasantly
    surprised once they learn more and attend their
    first police auction.
  •  
  • Police departments handle and store seized
    items and evidence used in court cases.
  • When the items are no longer needed, they
    may be given back to the original owner,
    destroyed or sold at an auction, depending on
    what the law dictates.

4
Police Auctions and Surplus Property
  • Surplus personal property, such as what the
    police department has confiscated, is usually
    disposed of at an auction conducted by an outside
    auction service.
  • These auctions are held on an ongoing
    basis. Interested bidders can learn ahead of
    time the items for auction and can inspect them
    prior to bidding.
  •  
  • Phoenix police surplus auctions offer a
    wide range of benefits for bidders

5
Something for Everyone
  • Large Variety. Phoenix police surplus
    auctions have something for everyone. Because
    the items come from confiscated, forfeited or
    surplus property, bidders can expect a diverse
    laundry list. Typical items include jewelry,
    electronics, tools, antiques, memorabilia and
    other collectibles, appliances, household items,
    sporting goods, furniture, commercial property
    and even cars, boats and trailers.
  •  
  • Reduced Prices. It really is possible to
    get all sorts of merchandise, including big
    ticket items, at bargain prices. Because police
    departments are more concerned with reducing
    inventory than making a profit, items can sell at
    40-90 discounts.
  •  
  • Proven Process. Unlike eBay where
    individuals conduct their own auctions, Phoenix
    police surplus auctions are conducted by a
    third-party auction house. Acting as an agent
    for the police agency, the auction house controls
    the products and all aspects of the bidding
    process.

6
Police Auctions are Easy
  • Easy Bidding. Most Phoenix police surplus
    auctions are simulcast auctions, meaning they
    allow onsite as well as Internet bidders to
    compete against each other. Auction houses give
    advance notice of upcoming auctions, as well as
    list all items for sale.
  •  
  • Item Preview. Items sold at a Phoenix
    police surplus auction carry no guarantee and are
    sold as-is, where-is. However, auction houses
    offer previews prior to the auction. Potential
    buyers are able to inspect and test items prior
    to bidding.
  •  
  • Straight-Forward Terms. Whether bidding
    online or in person, bidders may be required to
    register prior to the auction. Registration is
    free for most Phoenix police surplus auctions.
    To encourage serious bidders, registration may
    require a credit card and the auction house may
    put a hold on the card in an amount between 20
    and 200, depending on the type of auction. The
    hold is released at the end of the auction. Items
    are paid for at the end of the auction using
    cash, certified funds, travelers checks or a
    major credit card.

7
Minimal Risks
  • Prospective buyers have the opportunity to
    thoroughly inspect items before bidding. In
    addition, important documentation will be
    included unless otherwise noted in the listing.
    For example, a title will accompany a vehicle
    purchase. Reputable auction houses will refund
    purchase prices for items described incorrectly.
     
  • To take maximum advantage of any auction,
    you should first familiarize yourself with its
    procedures. You can review bidding requirements
    at the auction houses web site. You can also
    decide to participate as a visitor to learn the
    ropes before actually bidding.  
  • Phoenix police surplus auctions take place
    on a regular basis and are advertised prior to
    the event. Dates, locations and item lists can
    be easily found in newspapers and web sites.
    These auctions present huge opportunities for
    bidders to receive great deals on tons of items.
    The potential rewards easily outweigh any risk.

8
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
    800-801-8880 for more information about Phoenix
    police surplus auctions.
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