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Thursday, February 18, 2021

Fort Thomas Police to utilize auction site to sell unclaimed, stolen or seized items

FTM file. 


The Fort Thomas Police Department now has a more efficient way to sell items that are unclaimed stolen, seized or surplus. 

According to a release from PropertyRoom.com, FTPD has joined 4,100 departments and municipalities across the United States which utilizes the online auction site known for offering “$1 No Reserve” start-prices to sell their items. 

Items up for auction cover a wide range, varying from collectible coins and smartphones to handbags and vehicles, with more in between. 

The website also regularly auctions surplus municipal cars, trucks, and heavy equipment as well as seized vehicles, with all assets open to public bidding nationwide.

“We look forward to providing the best online auction services to our new law enforcement and municipal clients,"said Aaron Thompson, CEO of PropertyRoom.com. "We pride ourselves in offering solutions that not only allow our clients to focus on more mission-critical jobs, but also bringing great deals to our 2.1+ million registered bidders nationwide.”

Working with law enforcement agencies, municipal surplus departments, state/county fleet programs, airports and even museums, PropertyRoom.com has generated and distributed millions of dollars to local communities nationwide.

By statute, law enforcement agencies must auction seized, found, and unclaimed personal property at public auction. 

The auction company will pick-up all those seized, stolen, abandoned and surplus goods out of the department's Property Room, open up their public auctions nationwide and send back proceeds to their community partners. 

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