Property Room: PropertyRoom.com – Property Room (PropertyRoom.com) is very popular today. But what is Property Room? Well, for those of you who don’t know yet, Property Room(PropertyRoom.com) is a California-based police auction site which sells hot good online. It’s the online version of police auctions and property auctions.
Property Room - An online police auction site
Who will benefit on these hot goods? Well, the profit is split between the website and the various police departments which provide the goods that would otherwise go to various property auction.
Property Room(PropertyRoom.com) offers discounted cars and other property confiscated from criminals that couldn’t be returned to its rightful owners. Property room provides one stop shopping for police auction buyers with property from police departments throughout the nation.
Some of the property sold on property room comes with a less than savory history, harboring criminal associations. Other property sold through propertyroom.com consists of lost or abandoned property turned in to police departments and never claimed by its rightful owners.
The biggest seller on property room is bicycles, according to a report. Stolenbicycleregistry.com says that getting accurate statistics on the numbers of bicycles stolen each year is difficult since many bicycle thefts are not reported. When bicycle thefts are reported, the reports often do not break down categories so as to isolate bicycle thefts from other petty larceny crimes. The FBI uniform crime statistics for 2006 indicated that 231,238 bicycles were stolen in 2006.
The bikes on offer at property room range from children’s department store bikes to high end machines for serious bicyclists. Some are sold in lots for parts only.
Other popular items sold on property room include jewelry and electronics. On auction today, for example, an 8 GB iPhone has drawn bids up to$160 while an Apple MacBook A1181 laptop has so far drawn bids up to $610.
Propertyroom.com is offering a 1994 Chevy Caprice with no reserve that has drawn bids up to $405.
Before buying at this online police auction, it is critical to check the restrictions. Some items cannot be shipped and must be claimed from the police department property room offering them.
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