◀ ARCHIVE / VHS-2026-674

TAPE SHEETCATALOG RECORD

William J. McCorkle’s Government Auctions

Tape details

Catalog no.
VHS-2026-674
Year
Not recorded
Type
Infomercial
Format
VHS
Condition
Excellent

I opened this one on stream. It had been sealed, and I wanted to see what William J. McCorkle was selling. He introduces Steve Steiner, who spends most of the tape explaining how to find government auctions that hardly anybody knows about. At first I was listening for the deals. Then Steiner got to a man buying three trucks for $50 each because he was the only bidder, and I started wondering how many of these stories were supposed to make me feel like I could do the same thing.

There are a lot of stories. A fishing boat sells for $10, a student flips 80 toaster ovens, and someone buys thousands of army boots without laces. These are Steiner’s examples, not deals I checked. McCorkle keeps coming back between the seminar sections to tell us about his cars and his government-auction course. He says he’ll even put up most of the money for your purchase and split the profit. That’s where I stopped taking the sales pitch at face value. I did like hearing how Steiner described absolute auctions and where to look for notices, but McCorkle offering to bankroll a stranger’s bid was a different proposition.

About the program

  • “This Is the Good Life” opening. Wealth-and-auctions sales bumper leading into McCorkle’s introduction of Steve Steiner.
  • Finding “opportunity auctions.” Steiner argues that less advertising means fewer bidders; he names DEA, US Marshals, IRS, GSA, bankruptcy, Defense Department, customs and other government sales.
  • Seized-property and GSA examples. Steiner describes a yacht seizure and gives his interpretation of GSA fair-market-value rules for “absolute auctions.”
  • Three $50 trucks and US Marshal notices. Steiner tells a Cincinnati sheriff’s-sale story, then distinguishes judgment sales from drug-seizure sales and talks about posted notices.
  • Military surplus, SBA and bankruptcy trustee sales. His examples include a laundromat business projection and hard-to-spot trustee notices.
  • Kentucky patrol cars, toaster ovens and seized goods. Steiner reports a rain-soaked patrol-car purchase, a teenager’s resale of 80 toaster ovens, and customs auctions.
  • James Brown property and $10 fishing boat. Steiner describes an estate sale and a fishing trawler that he says sold for $10.
  • Mid-program “This Is the Good Life” and McCorkle course pitch. McCorkle claims his auction package helped him buy a Lamborghini Diablo and a Rolls-Royce Corniche.
  • Bidding tactics. Steiner explains absolute versus reserve auctions, previewing merchandise, knockdown sheets, the “one-third rule,” waiting for another bidder to speak first, and reading a “Notice of Seizure.”
  • Army boots and deposit bonds. Steiner tells a story about 5,184 pairs of unlaced boots and describes a Defense Department bid-deposit bond.
  • Repeated “This Is the Good Life” pitch and partnership agreement. McCorkle repeats the course offer. Steiner presents a proposed arrangement where the buyer contributes 10% and the program 90%, with profits split equally; he also describes a 100%-funded option with a 35% share for the buyer.
  • Final repeated sales pitch. Another “This Is the Good Life” passage precedes McCorkle’s direct order-the-course appeal and promised personal visit.

GoodTimes release. The recorded program runs about 51 minutes. Viewed May 27, 2026. The seminar’s auction bargains and McCorkle’s financing terms are claims made in the program, not independently verified deals.