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EcommerceBytes-NewsFlash, Number 1541 - May 18, 2007 - ISSN 1539-5065    1 of 2

PropertyRoom Launches One-Dollar, No Reserve Auctions

By Ina Steiner
May 18, 2007

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PropertyRoom.com is launching "no reserve" online auctions starting at $1 for items such as diamond rings, Rolex's and iPods. The company is enticing bargain hunters, asking in its announcement, "What if the merchandise was stolen but it was still legal to buy? Sound too good to be true? Not at PropertyRoom.com, the largest site for online police auctions."

PropertyRoom built its site through its police auction inventory through its connections with law enforcement agencies all over the country.


About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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