Property Room: Virtual Police Auctions at PropertyRoom.com Taking Internet by Storm
Description of Property Room and How to Keep Your Personal Belongings Off This Site
PropertyRoom.com is a California-based website which sells hot good online. It's the online version of police auctions and property auctions. Who make the booty off these hot goods? The profit is split between the website and the various police departments which provide the goods that would otherwise go to various property auctions.
I ventured over to PropertyRoom.com and was amazed at the vast array of hot goods available on this virtual police auctions website. Time flashed before my eyes and I can see Property Room website rivaling eBay.
Then, I stopped to think: what do sites such as Property Room say about our culture? Everything on sale in this website is stolen property that was never returned to its rightful owner. The profits made on this site are split between the Police Department and the website. The website is profiting off from stolen goods - is that ethical?
Ethical or not, Property room is a hot site to visit right now. In celebration of this website's phenomenal success, I would like to share some tips with you on how you can keep your personal belongings from being featured on virtual police auctions or even in-person property auctions.
Tip #1 - Stow it, don't show it. Don't leave your valuable property laying for all to see unattended in your car. This could cause your property to become hot goods. You don't want that. If the police cannot identify you as the rightful owner, the property will end up at various police auctions.
Tip #2 - Lock your doors. Just because you live in a safe neighborhood, don't think you are immune from becoming a victim. Someone can sneak in and steal your property. You may not realize it for months if they are sneaky enough! That's probably how a lot of hot goods ended up featured in property auctions.
Tip #3 - Set an alarm. If you are gone from your house for any length of time, set an alarm. It will signal the police should someone enter your home and keep your property from becoming hot property and could save it from ending up at police auctions.
Tip #4 - If you are on vacation, have the Post Office hold your mail. A weeks worth of mail stacked up in your mailbox is a signal to a thief that you are not home. They could break in to your home and steal your goods and they very well could end up at the next police auction.
Tip #5 - File a detailed police report if you become a victim. Filing a police report with vivid details of all items that you can identify as missing is integral to ensure the safe return of your property. If hot property is located that fits your description, you will get your belongings back. If not, the stolen goods could end up at police auctions, property auctions, or on a site such as www.PropertyGoods.com.
Head on over to Property Room.com and see what you think of all the hot property for sale. Do you think this is ethical? Feel free to leave your comments below.
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Published by Meg G.
Meg G. is a financial professional. During her previous life, she ran a contracting business with her husband. Now, she likes to share late breaking news, financial advice, and do-it-yourself tips with her d... View profile
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2 Comments
Post a CommentThe sale of the goods in and of itself is ethical. However, giving these items to a third party site to auction off could open up a can of worms. Whereas in person police auctions can be monitored by the department, outsourcing the sale of the hot goods makes it harder to have oversight. The end result could be that police departments DON'T make the necessary efforts to locate owners so that they can ship off the goods for sale, rationalizing it in saying "well, the owners never cared enough to ask so this is fine". Does that make sense?
Ethical? Yes. Police can't hold property forever if no one shows to claim it. Did you ever see an elementary school lost and found? Year after year, my kids' school gives to charity dozens of quality coats, sweaters, sweatshirts and misc. that no one claims even after multiple notices are sent home. As long as the police make a good faith, sustained effort to find owners and in light of the stealitback feature on the website that facilitates return of stolen goods to owners, I think the sales are ethical.