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If you have ever attended an auction or are thinking about attending one, a common question that may cross your mind is “where do these auction items come from?” This is a great question because there are so many different answers. Our auctions have items from many different places which allows us to provide you with diverse and unique items to choose from! Continue reading to find out more about where auction items come from!  

Out-of-Business Sales  

One place that auction items can come from is out-of-business sales. When a store or business closes and goes out of business, it will generally want to sell its assets and inventory. Out-of-business sales can provide great pieces of equipment and extremely useful items at a lower price for buyers to find at auctions!  

Excess Inventory  

Excess inventory is another source from which auctions receive items. Excess inventory can be inventory that a retailer no longer wants on the shelves or excess inventory that a manufacturer no longer wants in their warehouse. To make room for the new stock they will sell excess inventory at auctions. 

Estate Sales and Foreclosures  

Many auction items also come from estate sales. Liquidating items, collectibles, and equipment are the main goals in estate sales and they can provide auctions with unique and one-of-a-kind items! Another way that auctions receive their items is through foreclosures. Foreclosures can allow auctions to sell unique items and buyers can find them at a low price!  

When it comes to auction items, there are endless ways and places to get them from which is what makes auctions so exciting! Many items that you find at auctions you won’t be able to easily find somewhere else and sometimes you may even find one-of-a-kind items. Auctions are the best way to find unique and functional items at a great price. If you are interested in attending any of our auctions or have questions about where our auction items come from, contact our team today!