The day is almost here! Tomorrow, May 15th, 2021, the Municibid online government auction marketplace will celebrate its 15-year anniversary. This special day marks 15 years of helping municipalities, schools, police departments, and other government agencies sell their surplus assets for the price they deserve. Ever since they’ve started selling their fire trucks, school buses, ambulances, police cars, and more on Municibid, these agencies have made enormous profits that can be used to improve their communities.
Before Municibid, government agencies had to practically give away their surplus for pennies on the dollar all because so few people knew the items were for sale with the sealed bidding process. Now, Municibid helps government agencies reach a national audience online with 24-hour bidding and receive the full value (and more!) for their items. For instance, Municibid has helped the state of New Hampshire monetize over half a million dollars in surplus assets! Thousands of items are sold on Municibid every year, and there are currently over 4000 sellers — the new user growth rate is an astonishing 27%!
Municibid has also been a godsend for small business owners, as the marketplace helps entrepreneurs obtain well-maintained, used equipment they need to operate at affordable rates. Tech startups can bid on used computers and electronics in bulk, as well as furniture to outfit their offices. Landscaping business owners can find awesome deals on used mowers, tractors, tools, and heavy equipment. For those who have a side hustle where they buy and flip items, they can find products to buy, fix up, and flip. Municibid helps entrepreneurs get equipment they need!
One company, the Linvilla Orchards family farm in Pennsylvania, has won around 70 items (including tractors and construction equipment!) over the last 10 years on Municibid.
See their story in the below video.
“There have been some great deals, some really good deals that we’ve gotten. We’ve been very pleased with our experience over time.” – Linvilla Orchards representative
When users win an auction on Municibid, they are reusing a vehicle or equipment that often still has a lot of good life in it — this means they’re keeping it out of landfills. These items are also being upcycled in extraordinary ways! For example, bidders purchased a fire truck hose that they turned into wallets, accessories, and dog toys. Bidders have also won ambulances, buses, and fire trucks that they converted into campers!
Government agencies are definitely missing out on increasing profits if they aren’t selling their surplus on Municibid. It is so easy for them to adopt Municibid, as it’s a free service that can be used when needed. Municibid is designed to give users the best online auction experience possible, as it is easy to use and free of confusing options and barriers to bid and sell. From large cities to the smallest towns, schools, police and fire departments, and authorities have found great success by using Municibid. Other state governments and municipalities should definitely take note and adopt Municibid to sell their own surplus to the public.
Municibid was launched by CEO Greg Berry in 2006. As a councilman for the Borough of Pottstown, Greg noticed a huge problem: his borough and almost every one of the United States’ 86,000 local government agencies were selling surplus for dirt cheap because so few people knew the items were for sale. The sealed-bid process for which agencies would accept bids was also not a truly competitive process. Municibid solved these issues and now serves government agencies all over the US and Canada. www.municibid.com
