Group 1 - Scioto County Career Technical Center's Real Estate Division is conducting its first online surplus property auction in partnership with GovDeals, a leading online marketplace for government agencies [1][5] - The auction features a 5-acre property with significant industrial potential, including a 100' x 200' metal shop building constructed in 1997, which includes office space, a showroom, and manufacturing area [3][4] - Bidding for the auction will open with a starting bid of $120,000 and will close on January 7, 2026, with a refundable bid deposit of $2,000 required from interested bidders [2][4] Group 2 - GovDeals specializes in the sale of surplus government and educational assets, including real estate, and has completed over $15 billion in sales to date [5] - The platform allows sellers to manage their listings with more control and lower fees compared to traditional auction solutions, enhancing the efficiency of surplus asset disposition [5]

Core Insights - Jefferson County successfully conducted its first online surplus property sale, auctioning a 29.52-acre land parcel for $387,000 [1][2] - The move to an online auction format aimed to expand the buyer base and increase sale totals, reflecting a shift in how local governments can leverage online platforms for asset sales [2][3] Company Insights - GovDeals is the leading online marketplace for government agencies to sell surplus assets, including real estate, with a focus on transparency and efficiency in the sales process [4] - The platform has facilitated over $15 billion in sales, showcasing its effectiveness in the surplus asset market [4] Industry Trends - The trend of moving government surplus sales online aligns with consumer behavior, as more people are accustomed to purchasing items online, from everyday goods to high-value assets [3] - The success of Jefferson County's auction indicates a growing acceptance and potential for online platforms in the public sector to enhance revenue from surplus sales [2][3]