PropertyRoom.com

PropertyRoom.com is an online auction site that sells goods seized, stolen, or forfeited to police departments across the United States. It works with over 4,000 law enforcement agencies. Users can bid on cars, jewelry, electronics, and bikes, often getting them for a fraction of retail value.

It is a legitimate liquidation channel. While primarily for buying, astute flippers use PropertyRoom to source inventory cheaply to resell on eBay or local markets for a profit. It creates a treasure hunt experience with $1 starting bids.

Frequently Asked Questions

1. specific buyer's premium?

Yes, PropertyRoom charges a Buyer's Premium on top of the winning bid amount. This is typically around 15%, so you must factor this into your maximum bid to calculate the total cost.

2. Is the merchandise authentic?

Yes, PropertyRoom tests and authenticates jewelry and watches before listing. However, general merchandise is often sold "as-is," so reading the condition report is critical.

3. Can I pick up items?

Some large items like vehicles or heavy machinery are "Pick-up Only" at the specific police impound lot. Most smaller items like jewelry and electronics are shipped to you.

4. Is it legal?

Yes, it is the official auctioneer for thousands of police and municipal clients. Selling seized goods is a standard legal process for law enforcement to clear out property rooms and generate revenue for the community.

5. How do I pay?

PropertyRoom accepts major credit cards and PayPal. Payment is due immediately upon winning an auction to secure your item.