The Jefferson County Department of Public Works in Washington successfully conducted its first-ever online surplus property sale on GovDeals, an online marketplace for government agencies to sell real estate and other surplus assets.
The county auctioned a 29.52-acre vacant land parcel located in Quilcene. The auction ended with the parcel selling for a total of $387,000. With a population of roughly 33,000 people, Jefferson County was able to dramatically increase its pool of potential buyers for this auction by moving to an online format.
“We chose to move this process online in an effort to expand our buyer base, make bidding more convenient and ultimately recoup higher sale totals for our surplus,” Monte Reinders, Director of the Jefferson County Department of Public Works. “Results like this show us how continuing to innovate helps us better serve the people of Jefferson County.”
The post Jefferson County Sells 29-Acre Property in Online Surplus Sale appeared first on Connect CRE.
Gillian Executive Search is a leader in Industrial Development, Financing, Design and Construction recruiting. www.gessearch.com