Buncombe County tops $1M in sales revenue on GovDeals

Buncombe County recently surpassed the $1 million sales milestone with GovDeals (www.govdeals.com), an online auction service for local and state governments to sell surplus property and equipment. As of mid-May, the county had sold 4,196 items on GovDeals totaling $1,012,407.

In December 2003, the county became one of North Carolina's 20 earliest adopters of the GovDeals auction service.

"Selling our surplus online with GovDeals allows us to attract buyers from all over the United States," said Cindy Williams, an accounting technician for Buncombe County. "I believe the competitive Internet bidding process gets us more for the surplus property than the limited market base we had with the traditional on-site auctions. The beauty of this is that anyone with access to the Internet can bid on these items."

The most expensive item the county has sold on GovDeals is a Rex 3-70 Landfill Compactor, sold to a bidder in Iredell County for $21,000.

GovDeals is endorsed by the NCACC as a strategic service partner. In addition to Buncombe County, 3,070 units of governments nationwide – including 385 in North Carolina – are utilizing GovDeals' online auction services.

GovDeals is specifically designed to enable governmental entities and their agencies the ability to sell surplus and confiscated vehicles, assets and property over the Internet, as well as to support redistribution of excess assets within public institutions. Since 2003, GovDeals has assisted N.C. governmental agencies in the sale of more than $35 million worth of surplus and seized property.

For more information on Buncombe County's participation in GovDeals, contact Cindy Williams at (828) 250-4801 or cindy.williams@buncombecounty.org.

For more on GovDeals, visit www.ncacc.org/services/govdeals/about.html or contact Terry Bazzoon at (865) 406-3783 or tbazzoon@govdeals.com.