Many people start reselling businesses by buying and selling products at police surplus auctions. Because these auctions are conducted on a regular basis, you have a regular supply of quality inventory. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Police Surplus Auctions.

1. How to Make Money Buying and
Selling at Police Surplus Auctions

2. POLICE SURPLUS AUCTION
• A police surplus auction presents a great opportunity for you to snag a deal
on any number of items. Then, you can turn around and sell what you buy
for a profit!
• Many people start reselling businesses by buying and selling products at
police surplus auctions.
• Because these auctions are conducted on a regular basis, you have an
ongoing supply of quality inventory.
• So what can you expect to find at a police surplus auction? Anything you
can imagine! Items include vehicles, RVs, sporting goods, household items,
art, antiques, jewelry, collectibles, furniture, appliances, electronics, office
equipment, computers, tools, machinery and much more.
• Auction items come from a variety of sources. Property may be auctioned
after it’s been confiscated in conjunction with criminal activity.

3. POLICE SURPLUS AUCTION
 If someone is convicted of a crime, any property used during the crime, or
purchased with money gained from a crime, can be confiscated and later
auctioned at the discretion of the law enforcement agency.
 Unclaimed property is also eligible for auction. If an item has been found,
turned in to police and unclaimed after a certain time period, it can be sold
at a police surplus auction.

4. POLICE SURPLUS AUCTION
Making Money in Four Easy Steps
Step One – Get the Auction Schedule.
You first need to find a police surplus auction.
Your local auctioneer’s website will have updated schedules and locations.
The website will provide details of each auction, including the terms regarding
participation.
You can learn whether any particular auction will be conducted live, online
or both.
No need to pay a service for this information because it’s free.
Just visit the law enforcement agency’s website or get on the mailing list of
the local auction house.

5. POLICE SURPLUS AUCTION
Making Money in Four Easy Steps
Step Two – Review the Items for an Upcoming Auction.
Once you decide on a police surplus auction you want to attend, you need to
carefully review the items to determine what you may want to bid on.
The auctioneer will have provided full descriptions including any pertinent
notes on the item’s condition, if available.
However, you must not rely solely on the item’s online description and photo.
It’s imperative you inspect the item at the scheduled preview times.
These times will usually be held a couple days prior to the auction and/or
the day of the auction.

6. POLICE SURPLUS AUCTION
Making Money in Four Easy Steps
Step Three – Bid Carefully.
If after inspecting the item you want to place a bid, do so cautiously.
Determine the item’s current market value based on its condition.
Then, decide how much you’re willing to pay at the top end and don’t exceed
this amount.
Remember, you’re not buying the item for your personal use, but to resell for
a profit! Therefore, you’ll want to be sure you pay below market prices for all
items you buy at police surplus auctions.
Make sure you know the final price you’ll be paying too. In many cases, this
won’t be your ending bid price.

7. POLICE SURPLUS AUCTION
Making Money in Four Easy Steps
Step Four – Resell Your Items.
You can resell your police surplus auction items through a number of
venues.
Many people use online auctions like eBay. But other sites exist, so check
them out too.
You can explore additional options besides online auctions too. Examples
include selling items at garage sales or thrift stores.

8. POLICE SURPLUS AUCTION
• Reselling items you buy from a police surplus auction
is one of the most fun ways to earn some extra cash.
• Just make sure to factor in all your buying and selling
costs so you are sure you calculate your true profit.

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 800-801-8880 for more information about
Police Surplus Auctions.

10. 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
Police Surplus Auctions.