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HomeMy WebLinkAbout2010 06 28 Informational 101 Results Of Computer Equipment Sales On Ebay COMMISSION AGENDA Informational X Consent ITEM 101 Public Hearings Regular June 28, 2010 Mgr. / Dept. Regular Meeting Authorization REQUEST: Information Services wishes to update the Commission on the results of selling computer equipment online via eBay. SYNOPSIS: This agenda item serves as an update to Commission on results and our experiences of selling computer equipment online via the online auction website eBay vs. selling our items at Gideon Auction. CONSIDERATIONS: Surplus assets disposal requests are generally submitted to Commission on the first Commission meeting of every month. The majority of our surplus asset items go to auction while a limited number of items get posted on eBay. To date, two auction sets have been conducted by the Information Services Department on eBay. The first auction set was for the sale of seven (7) Motorola MC7095 PDA devices with associated accessories that included an extra battery, SD Card, vehicle charger, and belt case for each of the seven units. All seven items were sold as a group in a single lot auction. Although the auction was originally scheduled to run for seven days, it was closed after four days to accommodate the needs of a ready, willing, and able buyer who met the reserve price. The selling price for the seven items was $3,500.00 yielding a net balance of $3,341.65 after the deduction of associated eBay and PayPal fees of $158.35. Shipping was handled separately by the customer. The second auction set was for the sale of five (5) surplus Panasonic Toughbook CF -29 laptops with their hard drives removed. Each laptop was auctioned individually. Of the five laptops, one sold successfully. An attempt to obtain one of the other laptops fraudulently was made by another buyer. The buyer was REGULAR MEETING - JUNE 28 , 2010 AGENDA ITEM - INFORMATIONAL 101 PAGE 2 OF 2 reported to eBay for further investigation. All five auctions ran for seven days. The selling price for the single laptop, including a shipping /handling fee, was $164.50, yielding a net balance of $116.68 after the deduction of all associated eBay, PayPal, and actual shipping charges totaling $47.82. We sent one set of the same laptops to auction with Gideon Auctioneers and the laptops were sold in two lots. The initial lot sold for $413.60 and the second lot sold for $140.80. Total proceeds from the laptops thru Gideon Auctioneers were $554.40. In summary, we have found in certain circumstances we have had greater success using Gideon Auctioneers to sell surplus items and eliminate the chance of fraudulent activity as was experienced with the laptops on eBay. However, we will continue to evaluate eBay as a resource for selling surplus assets where appropriate and continue to keep the Commission informed of our progress. FISCAL IMPACT: There is no fiscal impact associated with this agenda item other than the revenues gained via the sale of surplus assets. COMMUNICATION EFFORTS: The surplus assets disposal list is posted monthly to the City's website under Public Notices; no other communication efforts are needed at this time. RECOMMENDATION: This agenda item is for informational purposes only. ATTACHMENTS: There are no attachments. is \admin_docs \agenda items \fy 201 0 \062810_comm_ informational_ 101 _online_auction_update.docx