By calauctions posted March 26, Buying items at wholesale and reselling those items for a profit is not a new concept. However, not many people think about government surplus auctions as a source to find items to resell. When government organizations or institutions police departments, city offices, schools. You can find just about anything at a government surplus auction including computers, furniture, electronics, and other odds and ends. Even real estate property or vehicles can be auctioned off. Nowadays, most of these items are available through online auctions. Every auction house or company hosting the auction has its own terms and conditions, but it usually is relatively easy to participate as a buyer. You may have to put down a deposit and register an account before you can begin placing bids. Some auctions require a minimum opening bid amount while other auctions have no minimum.