Auction Systems Auctioneers & Appraisers Inc. Releases New Guide Titled "Top 5 Things to Know About Government Surplus Auctions"

PHOENIX, July 10, 2014 /PRNewswire-iReach/ -- Auction Systems Auctioneers & Appraisers, Inc. has released its latest guide on selling at auction.  Titled "Top 5 Things to Know About Government Surplus Auctions," the resource provides an overview of these events.

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The guide outlines what bidders can expect by attending a government surplus auction.  Topics discussed include the likelihood of bidders finding below market prices, the diversity of items available, what condition the items may be in, how a typical surplus auction is conducted and all the parties who benefit from the sale of government surplus items.

Surplus auctions can be held by any government agency at the municipal, county, state or federal level. When an agency has property they no longer need to conduct ongoing business, they can sell it to the highest bidder at auction.

"In a government scenario, a surplus refers to any item that has outlived its useful life for a particular agency," said Deb Weidenhamer, CEO of Auction Systems Auctioneers & Appraisers Inc.  "The agency has determined selling the item at auction makes better financial sense than maintaining, repairing and/or storing it for possible future use.

"However, just because it's considered surplus, does not mean the item no longer has value," continued Weidenhamer.  "It can actually have lots of useful life left.  Our new guide discusses the main things bidders will need to know about participating in these auctions and getting the best deals."

To download the guide, interested parties can visit the company's website here.

About Auction Systems Auctioneers & Appraisers, Inc.

Auction Systems Auctioneers & Appraisers, Inc. is the Southwest's most active auction and appraisal company. Auction Systems features live and live simulcast auctions and appraisals of stolen and confiscated Police and personal product including cars, tools, electronics, jewelry, sporting, coins and surplus, as well as auctions of commercial and heavy equipment, real estate, antiques, guns, estate and business liquidation and bankruptcy.

Based in Phoenix, Arizona and an INC. 500 company, Auction Systems is one of the fastest growing privately held companies within the United States. Additionally, Auction Systems is an ICIC INC. 100 company and is ranked as the #1 fastest growing woman-owned business and the fifteenth fastest growing business overall within the inner cities of the United States.

Auction Systems Auctioneers & Appraisers, Inc. can be found on the web at http://auctionANDappraise.com.

Media Contact: Inge Glees, Auction Systems Auctioneers & Appraisers, Inc., (602) 252-4842, [email protected]

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SOURCE Auction Systems Auctioneers & Appraisers, Inc.