Surplus are goods that are sold at public government auction when no longer needed by the federal government, state government, county government or city government to liquidate fleet vehicles, heavy machinery, computers and office equipment when no longer needed. Entrepreneurs often buy these goods for resale. Businesses and individuals often take advantage of surplus auctions to pick up bargains as well.
If you are considering buying or selling in a government auction, a professional auctioneer can offer valuable advice. Auctionservices.com has created an Auction Community that is free and open to the public. Members include professional auctioneers who can answer your questions.