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Press Release

City of Alexandria Property Auctions Go Online at PropertyRoom.com

PR Newswire

FREDERICK, Md., May 29, 2012 /PRNewswire/ -- Property Room (www.PropertyRoom.com), the police auction site known for making police auctions available to a nationwide audience, recently announced an agreement with The City of Alexandria to conduct online auctions of the city's found or surplus property and fleet/impound vehicles. The City of Alexandria joins more than 25 local Virginia municipalities and other clients in adopting the services of PropertyRoom.com.

Founded by former police officers, Property Room provides an auction platform for products from over 2,800 law enforcement agencies and municipalities nationwide. Generally, in the past, police departments and municipalities had offered these unclaimed items in a live public auction.  Now, all Alexandria residents can conveniently access hundreds of bargains with the speed of an online auction from the comfort of their home.

"Property Room looks forward to working with The City of Alexandria," said PJ Bellomo, CEO for Property Room. "We expect that our customer base and online expertise will prove to be a great fit for Alexandria."

The auctions, Property Room helps facilitate, relieve the city from the time and expense of holding their own auctions and generate proceeds that are later returned to the community. To date, these communities across the United States have benefitted with more than $41 million in returned proceeds. Items up for bid cover every category of consumer goods, from watches, jewelry and coins, to laptops, power tools and cars. Unique and offbeat items on the website have included eight-person bikes, coffins, Persian rugs, kayaks and most recently a state-of-the-art, unused X-ray machine.

"We offer tremendous value and streamlined solution to law enforcement and municipal partners, as well as online shoppers looking for great deals," said Bellomo. "It's a win for everyone involved, because Property Room manages the entire process, offers fantastic bargains to consumers, and returns a percentage of proceeds back to the community."

With a team of trained inventory experts, Property Room rigorously evaluates all merchandise listed on the site, and destroys all counterfeit merchandise. Property Room works with many of the largest law enforcement agencies in the country, including New York, Chicago and Los Angeles, among others.

For more information and great deals visit www.PropertyRoom.com.

SOURCE Property Room

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