PropertyRoom.com

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By Happy Hubber


 

PropertyRoom.com is an auction site that specializes in selling items that have been seized by law enforcement agencies and other public municipaliites.

They also allow a select group of trusted merchants to sell via the site too. Unlike eBay each merchant is vigorously reviewed including financial and criminal background checks.

PropertyRoom.com was founded in 1999 by former police officers as an effective solution for law enforcement and municipal surplus sales. They started this site after realizing many cities were losing money on police auctions. PJ Bellomo, PropertyRoom.com, CEO "Because you pay overtime, hold the auction in the back lot and pay to advertise."

PropertyRoom.com specializes in the auction of seized, stolen, surplus and found goods. Items for sale at PropertyRoom.com can include vehicles, jewelry, electronics, computers, tools and more.

PropertyRoom.com provides a service which benefits local authorities, tax payers and buyers. Law enforcement agencies traditionally were charged with tracking and storing auction inventory as wells as conducting the auctions themselves. This is an expensive and time consuming process for small and large agenies alike. These auctions were often inaccessable and inconvenient for the public to attend which resulted in reduced revenues. With Property Room, product pick up and storage, cleaning, testing, appraisal, inventory, packaging, shipping and customer service support are all provided for the municipalities. The benefits Property Room provides to buyers are great deals, bargains, selection and convenience. Plus, if you have had something stolen, you can register your item, if you can prove it. It the item shows up on PropertyRoom.com, you get it back.


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PropertyRoom.com in the News

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