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HOW TO GET YOUR SHARE OF BILLIONS!
Good Advice From Ahren Lotze
FEDERAL GOVERNMENT SURPLUS
The U. S. General Services Administration (GSA) and the Department of Defense (DOD) are the primary agencies offering federal personal property. Any one of three sales methods may be used to sell surplus personal property. No preference is given to any individual or group no matter which method is used.
SEALED-BID AUCTIONS: Bidding forms are provided to
Participants. The "Invitation For Bid" (IFB) form describes
the property being offered, indicates where the property may
be inspected, where bids can be submitted, and any special
conditions regarding the sale. Sealed bids are opened publicly
and awards are given to the highest bidder.
TRADITIONAL PUBLIC AUCTIONS: Property is offered, item
by item, and sold to the highest bidder. Bidding instructions are
given by the auctioneer on the government property being sold.
SPOT BIDDING: Here, a buyer has the opportunity to write down
and mail in his bid. Property is awarded after full payment is
received.
The best way to keep yourself informed abouut sales is to get your name on the GSA's prospective mailing lists. Tens of thousands of luxury cars, sports cars, RV's, Semi's, pickup trucks, and more, are sold each year. You will have to write to each of the 11 regional centers indicated at the address resources page if you want your name to appear on each of their mailing lists. Each one has a different application. When you write, ask that your name and address be placed on the bidder's list.
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