Based in Silver Spring, Md., Bid4Assets is an online auction marketplace of distressed and high-value assets, such as real estate, jewelry and rare collectibles from private sellers, financial institutions, government agencies and private industries. The company partners with various federal, state and county government agencies to sell a wide variety of forfeited, surplus, tax-defaulted and foreclosed properties online. It conducts online auctions for a wide range of federal and state government agencies, including more than 40 counties throughout the United States, the state of New Jersey, the United States Marshals Service and the Department of Treasury. The company sells a wide range of products, including cars, planes, vehicles, coins, computers, consumer electronic equipment, financial instruments, luxury items, memorabilia and sports equipment. Bid4Assets is a privately held company that was launched in 1999.
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