Tutorials

Short, practical notes on how public auctions generally work. Rules vary between agencies and auction houses, so always read the terms published for the specific sale you plan to attend.

How government auctions work

Government bodies sell property they no longer need or that has come into their custody: retired fleet vehicles, office equipment, tools, real estate, and unclaimed or seized goods. The sale is usually handled either by the agency itself or by a contracted auction house. Items are sold as-is, with no warranty and no returns, and the seller reserves the right to withdraw a lot before it is sold.

Live and internet auctions

A live auction is held at a physical location on a set date, and bidding happens in the room. An internet auction runs online over a period of days, and only the inspection and pickup happen in person. Live sales move quickly and reward preparation; online sales give you more time to research, but often close with automatic time extensions when late bids arrive.

Before you bid

Register before the sale. Most auctions require identification and a refundable deposit, and some require registering days in advance. Use the published inspection window to look at the lot in person if you can; photographs and descriptions are a summary, not a guarantee. Read the terms for buyer's premiums, sales tax, and any storage fees, and set a maximum price that includes them before bidding starts.

Payment and pickup

Winning bidders usually have to pay in full within a short window, often one to three business days, and accepted payment methods are limited. Removal deadlines are also short, and you are normally responsible for loading and transport. Title or ownership paperwork for vehicles and real estate can take longer to arrive than the item itself, so ask what will be issued and when.