Get Your Own Ill-Gotten Gains At PropertyRoom.com
Homer Simpson: Wow, sweetheart, look at all this seized booty. We could find the drug boat of our dreams!
Marge Simpson: I don't want a drug boat.
Homer Simpson: Well, I bet there's drug dresses and drug vacuum cleaners too.
Haven't you always wanted to shop seized property from police departments across the country from the comfort of your own home? Yeah, me either. But after reading what Jamie Schaefer-Wilson of our sister publication ShopSmart had to say about PropertyRoom.com, now I'm downright curious.
Schafer-Wilson gives some tips that apply to nearly all auction sites, and also discovered some fantastic deals in the field of....art!
I decided to test it out. I bid on several items. I lost some, won some, learned a lot of tricks, and even picked up a piece of artwork along the way. I bought a signed giclee priint for $33 only to find out, after speaking with the artist himself, that it would retail for $1,450! It's beautiful, and I have bought a matching piece for $46!
And hey, little did we know that Homer Simpson was right. Sexist, but right. There are vacuum cleaners and dresses available. And, of course, boats.
Online police auction sites: Real deal [ShopSmart]
PropertyRoom.com
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Comments:
This is actually a great tool. It was mentioned on G.1440's blog last year [blog.g1440.com] and I've used it to pick up jewelery and other gifts at great prices.
When you have to shop (gifts, for example) it's a great place to go. When you don't have to shop, it's another easy way to accidentally blow a few hundred bucks on an impulse shop...
Take whatever is listed on there with a large grain of salt. I bought a bike a couple years ago from them (only for parts, mind you) and even though the description said it was in working order, the frame was bent, there was no chain and the derailleur was so rusted that it was beyond repair.
Luckily, they don't use paypal so I was able to easily start a chargeback with my CC company after their customer service dept. didn't want to do anything about it. Got my money back and chalked that debacle up to experience.
@FooSchnickens: I've bought there once, jewelry (costume!), but I think it's like every online shop, it differs by seller. Good in with the bad.
@gqcarrick: Yeah, I think I paid $13 for a bid I won for $1. Still, cheaper than actually buying jewelry from a jewelry store.
@kingofmars: Oooooh! I'm in the market for both!
(My husband grows super-hot peppers, and I'm in dire need of a kitchen scale so I can try some fancier bread recipes. Really. Promise.)
Frankly, I'm skeptical about sites and shops that advertise things like "factory outlet!" "lost freight!" or "police-seized!" etc.. Is it really lost freight? Or is it refurbished returns, floor models, or some other generic cheap crap?
These people market to the found-stuff impulse. You think you're getting a deal because the original source of the item was "free" (seized by police, lost by someone, etc) and therefore you're going to be able to buy it for "almost free." In reality, you're going to end up paying almost as much as you would for the item if it were new in the store. So you're paying current retail prices on (probably) refurbished, out-of-date items.
It might start out as police property room items. But when they run out of inventory are they gonna quit?
@jjups:
Most of their watches all come from the same company that claims they are $1000 watches, but you should be able to win them with a bid no higher than $60 unless you chase it.
Ugh. I hate companies that do this. Those watches are crap - cheap chinese (or Japanese, for some of the slightly more expensive ones) movements, bought in bulk. If you don't care about anything but the way it looks, save yourself 30 or 40 dollars and go buy them at the airport gift kiosk or the flea market for ten bucks - they're right next to the stall with the super cheap "designer" sunglasses.
I checked out the site and looked at a couple of auctions I might actually be interested in, but either A) the shipping is ridiculous, B) you only find out the shipping AFTER the bid, or C) you never know the shipping cost. Most of the auctions I saw were either B or C, in which case I would never bid on them. At least eBay displays the shipping costs for its auctions, or lets people put in a cost estimator.
@captainpicard: I hear you. I've hoarded this site for some time now, but thanks to those meddling kids at Consumerist, everyone knows! Bah!
@3skr1mad0r: In Scotsboro? I watched a whole 30 minute show on the Scotsboro Luggage content outlets.
@jjups: That's exact same scam the giclee print artist is running. Selling prints on the site for $30-40 and claiming they "retail" for multiple thousands.
Hm, not much for me there until more nerds with small children start having all of their stuff seized.
I found a digital microscope (although my daughter is far too young still), but then when I googled it, the price wasn't any better than can be found elsewhere.
But I'm sure if I liked jewelry and stuff there'd be deals...I just don't like jewelry. I ordered my husband NOT to buy me an engagement ring because a) it's a waste of money, b) I've known about blood diamonds long before any movie came along, and c) big rocks on my fingers would get in the way of my crafting. I'm just not a glizy gal.
@FrankieAvalonin'_GitEmSteveDave: I haven't seen the show but yes the one in Scottsboro. Did the show make this place look worthwhile? I've been to their website but they don't sell anything online.
Agreed. For that price you could be getting 750gb according to Pricewatch.com for a generic drive, and the auction isn't even over yet. Probably around that price for a 500gb WD. I know they had those at Costco recently for near that price. Whoever bid on that is a fool, unless they're counting on being some sort of data on there, which might be worth it depending on what it is.
I looked at the DJ equipment and it's pretty much a wash there. You should be able to get much better equipment for the same price or used of those items for equal to the current price or less.
What exactly are you buying that isn't a total rip off? Jewelery (which is inherently a rip off)?
@Eyebrows McGee (now with more baby!): We all like "hot peppers". Remember that growing "hot peppers" in sunlight is dangerous and grow lights are much safer. mmmmm.... I want a spicy burrito
seriously man... i've bought $1000's worth of stuff from here... although it did go down hill when they started allowing third party sellers :(
the 'steal it back' registry [linked at the bottom of that page] looks like a useful link to bookmark.
"We record the serial number of each item that we receive and check these numbers against your Stolen Property Registry. If there is a match, we will contact you and return the item. Using this service, you can register information about property that has been stolen from you. You may also register the serial numbers of items you currently own in case they should ever be lost or stolen."
well, to people who have things nice enough to steal anyway.























"At PropertyRoom.com, we consider it our mission to create and maintain a Fraud Free online marketplace. To that end, we go to great extent to provide you with a secure and reliable experience. We uniquely possess expertise in both law enforcement and ecommerce security. When doing business with PropertyRoom.com, you can trust in every transaction and communication. Consider yourself safe with us."
This alone makes me like it more than eBay. I registered, and wish them well. Thanks for posting this!