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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

  • This purchase is a real stealOrange County Register4 days ago

    Mission Viejo-base auction web site, PropertyRoom.com, will introduce the "Steal of the Day" on Cyber Monday.

  • O.C. Biz Wrap: Housing peaks, Twitter and moreOrange County Register3 days ago

    We know information flies fast these days! As a service for the many of you who simply can't keep up, here's snippet summaries of business blog posts created by Orange County Register reporters and editors on Nov. 29 Lansner on Real Estate Next peak...

  • Boulder police to auction off lost, abandoned propertyColorado Daily4 days ago

    Anyone who's been missing a fur coat, computers, shoes, bicycles or other assorted items should check to see if their property ended up in the hands of Boulder police, because the department is about to sell off its closet of lost-and-found items.

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