Title: The Benefits of a Phoenix Police Surplus Auction
1The Benefits of a Phoenix Police Surplus
Auctionby Deb Weidenhamer,President CEO
2Bargain Hunters and Police Auctions
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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. - This presentation will provide Interested
bidders information ahead of time whats being
auctioned and can inspect items prior to bidding.
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3Police Auctions and Surplus Property
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- 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. -
4Police Auctions and Surplus Property
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- 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 -
5Something for Everyone
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- 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. -
6Police Auctions are Easy
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- 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. -
7Minimal Risks
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- 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. -
8About the Author
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- 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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