2013 - 2nd Quarter

WebData Surplus On-Line Auction

By John Solomon, Manager Surplus Property and Asset Management


Surplus Property has been testing the WebData Surplus Property Software On-Line Bidding functions at the January & February monthly auctions. Auction bidders will be able to preview and place Proxy bids (think eBay automatic bids) from Fridays at 5:00 p.m. until Tuesday evening prior to each auction. Bidders can also manually place bids on-line while the auction is running, but we’ve found that the Proxy bid lets bidders (University employees for example) not have to take time out of their day to watch the auction and place manual bids. Auction lots will include pieces from any and all campuses. Payment will be collected at each campus when the buyer goes there to pick up their equipment.

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