The General Services Administration [GSA] is an independent agency of the US government that helps manage and support the basic operations of federal agencies. GSA provides products and communications to US government offices and provides transportation and office space for federal employees. Many of the goods purchased by GSA become surplus goods and are then auctioned to the public at very low discount prices. Think of it as the way the government spends on recovering these items.
There are two reasons for the excess of these goods. The first one is quite easy: the government basically bought too many items for the federal office and wndeavors. In this case, usually the project is almost always brand new. Nonetheless, initial bids for these remaining items usually start only from a small part of the project. The second reason is because the remaining projects have been replaced by new or more technologically advanced projects. This does not necessarily mean that the item is defective or in poor condition. in contrast. It simply means that the government believes it should be replaced by a newer, more advanced model.
You may ask yourself which different types of items you can find in the GSA Remaining Property Auction. GSA [and its contractors] hosted several different auctions – including live auctions and online auctions – where they could sell almost anything you think of. Projects range from cars, trucks and tools to industrial machinery, mobile homes and office equipment. The list is really going on, which is why I suggest you check out these remaining real estate auctions.
If you are interested in an on-site GSA auction or an online GSA government auction, I suggest you try GovernmentAuctions.org. They are a website that gathers information, not just GSA auctions, but all
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Other types of government auctions, they cater to the United States, Canada and the United States. If you are looking for a possible real estate investment, their online database also contains more than 100,000 foreclosure lists.
Orignal From: GSA Government Auction
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