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Since 1976 Rasmus has served the government, legal, business and banking community with commercial asset liquidations.

Rasmus conducts in excess of 250 online events each year in the Mid-Atlantic region. Unlike surplus asset portal sites, Rasmus events attract tens of thousands of ultimate consumers who are looking to put your excess assets to use.

Why should an agency use Rasmus Online?
  1. Rasmus Online is ideally suited public agencies. Our system enables agencies to manage their entire surplus inventory, while at the same time maintaining compliance with State regulations and policies. The system's specific features allow for the reallocation or auctioning of surplus items without actual, or the appearance of: waste, favoritism or collusion.
  2. Rasmus Online compliance with state and local regulations and policies! Many States require that public agencies maintain audit-records detailing the disposition of every surplus item.  Rasmus Online satisfies this requirement by maintaining complete records of all transactions on our system. The history of each item listed for auction will be saved for up to seven (7) years. Agencies have the ability to easily obtain a printed record of this information.
  3. Rasmus helps agencies attract larger numbers of community members to their surplus auctions. Our system increases the contact between an agency and the community it serves.  By being accessible, 24 hours, 7 days a week, an agency's auctions via Rasmus Online allows a larger percentage of the community to take advantage of the bargains surplus items provide.
What kind of surplus items can be sold on Rasmus Online?

Almost anything can be sold on Rasmus Online;  portable classrooms, automobiles, buses, heavy equipment, shop equipment, kitchen equipment, athletic equipment, musical instruments, computers, printers, furniture, etc, etc. It's amazing! Almost everything listed sells, no matter how old or how odd.

How often can an agency list auctions on Rasmus Online?

There is no limit! For most agencies continuous auctions are best. Meaning, there is no need to accumulate an inventory of surplus items to have enough for a live auction or sale. Instead of waiting, agencies are able to list items for internal reallocation or public auction as soon as they are declared surplus. This keeps warehouses and inventories streamlined and organized.

How much more revenue do public agencies generate using Rasmus Online compared to traditional methods?

Based on experience, agencies using Rasmus Online have increased total net revenue of surplus sales by at least 30%, and in some cases, exceeding 200%.

What is the cost of using Rasmus Online?

Due to the fact that each and every Agency is different and has unique needs, Rasmus Online has changed their "one size fits all" pricing model. Pricing is now calculated for each Agency based on many variables, including volume of business, value of items being listed, unique needs, etc. We strongly believe that no other company is able to offer a comparable product, at our level of service, and beat our price. Based on the variables described, it is possible the fee we charge the Agency can be as low as 1%.

Are Internet Auctions legal?

Absolutely! There are no regulations or statutes in any State prohibiting the use of Internet Auctions as a tool in the bidding process. Point of fact, the Federal Government and most States encourage public agencies to adopt modern technology to reduce costs and increase efficiency. The primary legal and operational concerns are related to the prevention of collusion between bidders, and public employees and bidders. A third-party enabled Internet Auction inherently has more protection against collusion than the traditional methods used by agencies for procurement and sales.

Does Rasmus require a long-term contractual commitment?

No! Rasmus Online is available on an, 'At Will,' basis. We understand that agencies would use Rasmus Online only so long as it is better than any alternative available to them. This provides us motivation to continuously provide the best service and technology available.

How does Rasmus Online’s system compare with systems offered by other companies?

Rasmus conducts in excess of 250 online only liquidations annually in the Mid-Atlantic region, all geared not to the dealer or profiteer, but towards the ultimate consumer. Our events generate tens of thousands of visitors and assure a commercially reasonable sale and fair value for your assets.

How does Rasmus attract buyers to an agency's auctions?

With our 'Buyer Contact Department.' The Buyer Contact Department sets us apart from other online auction companies by actively generating interest and activity to all auctions.

This is achieved by:

  • Helping agencies generate awareness and attract buyers located within an agency's own community.
  • Notifying our database of buyers about new items listed for auction. Since we have been working exclusively with public agencies on the sale of their surplus via Internet auction longer than anyone else, we have developed the worlds' largest database of specialty buyers.
  • Actively researching to bring additional specialty buyers to your specific items.
Is training and customer support provided?

Yes! Training and customer support is provided at no cost to all users of the system. However, the great thing about Rasmus Online is that it is so easy to learn and use that it only requires a short amount of training.

Does becoming a seller on Rasmus Online require an RFP?

No! The seller has absolutely no risk at all when using Rasmus Online:

  • Use of Rasmus Online on an "at-will" basis. No commitment or contracts are required before an organization can sell surplus on our system.
  • Also, our fee can be passed on to the buyers. If an agency chooses to do so, there is no need to go out for competitive bid. However, we understand some agencies may still want to go through a competitive process. We are happy to respond in these cases.
P.O. Box 30760, Alexandria, Virginia 22310
Phone: (703) 768-9000
Fax: (703) 823-5587
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