Auctions
GovDeals
GovDeals is an online auction marketplace built for government agencies to dispose of surplus. Its catalog runs from cars, trucks and heavy equipment to fire and police gear, scrap metal and real estate, buildings and structures, and auctions are open to the public.
Agencies list their own assets on the platform and GovDeals carries the sale through to fund collection, which keeps disposition off agency staff time. Buyers register once and then bid across every seller, filtering by category, distance, price band, condition and reserve status. Each lot shows the selling agency, its city and state, the current bid and a posted close time.
The platform reports over 15,000 sellers, more than 1 million registered buyers, over 3 million auctions and more than $4 billion in completed sales across more than 20 years. It is a Liquidity Services marketplace and describes its parent as a publicly traded company with financial controls; a separate Canadian site serves buyers north of the border.
Real estate is a narrow slice of a catalog dominated by rolling stock and equipment, so anyone hunting municipal land or buildings should watch the real estate categories rather than the homepage. Because every lot names its own selling agency and location, inspection, payment and removal terms are worth reading on the listing itself before a bid is placed.
Best for
Investors willing to monitor surplus listings for municipal land, buildings and structures and to inspect a lot themselves. It is not steady deal flow: real estate is a small share of a catalog built around vehicles and equipment.
What they do
- Online auctions of government surplus
- Real estate, building and structure auctions
- Vehicle and fleet auctions
- Heavy and construction equipment auctions
- Surplus disposition programs for public agencies
- Buyer registration and bidding across North America
Details
| Attribute | Value |
|---|---|
| Ownership | Subsidiary |
What stands out
- Reports more than $4 billion in completed sales and over 3 million auctions.
- Over 15,000 sellers use the platform and more than 1 million buyers are registered.
- Sells in categories including real estate, buildings and structures, transportation and heavy equipment.
- Has run as a Liquidity Services marketplace for more than 20 years.
- Listings have included municipal property such as the Historic Miami Dade County Courthouse, offered for redevelopment.