PropertyRoom.com's National Bike Month Survey Reveals Some Surprising Results About Stolen Bikes

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-- Only a Small Percentage Report the Most Stolen Item in the Country --

Whether a bicycle is used for commuting, leisure play or exercise, it's a common denominator among most American families.

Each year, online police auction site PropertyRoom.com sells more than 30,000 unclaimed bikes to their more than 1.5 million registered users nationwide. The website auctions goods seized during raids, forfeited by criminals, or unclaimed by the original owners by working with almost 3,000 police departments and municipalities nationwide.

In a recent survey released for May's National Bike Month, PropertyRoom.com reveals some background on the nation's single most popular stolen item: the bicycle. The survey shows that while almost 50% of Americans have experienced a bike theft, only 40% of the victims elected to report it to the police. Of that number, 83% did not have their bikes returned. Yet, close to 30,000 police recovered bikes end up going unclaimed every year and after attempts to return to their rightful owners are not fruitful, they end up for public auction on PropertyRoom.com.

With this alarming research and Bike to School Day approaching May 8, Bike to Work Week May 13, and Bike to Work Day May 17, the experts at PropertyRoom.com are sharing tips to increase chances of recovery.

1.    Personalize your bicycle in a permanent way for quick detection, keep a record of serial numbers or receipts, snap a quick photo to keep available on your electronic devices and use a secure lock on your bicycle.
2.    Call and report the theft to the local police station immediately and be willing to provide as much information as possible.
3.    Send out a social media blast and alert your social networks as the extra awareness will increase the odds of your item being returned.
4.    Keep following up with the police department as items can be recovered long after the initial theft and also browse PropertyRoom.com for the stolen bicycle. If you can prove ownership, the bike will be immediately returned free of charge.

PropertyRoom.com also has a breakdown of the most popular kind of stolen bikes recovered by law enforcement as well as the most expensive and unique. Mountain and road bikes are the most stolen kind of bicycle, and while they usually retail for around $2000, online shoppers at PropertyRoom.com typically pay 75% off of that cost. The most unique and expensive bike ever sold was a 7-person conference bike (how this big of a bike was ever stolen seems like a story in itself), and it retails for $13,000. The bike sold on PropertyRoom.com for 83% off that price point. The proceeds from these -- and other auctions -- go back to the local communities, so consumers can feel good about their purchases.

In addition to a plethora of bicycles: from a Mercedes-Benz Police Bike to a Trek Equinox Triathlon Bike to a Specialized Roubaix Expert Bike, the site also sells a range of popular items such as electronics and jewelry as well a rare, one-of-kind items such as decorative swords and cotton candy machines. PropertyRoom.com shoppers find a treasure everyday and everyday treasures all at extreme value.

About Property Room
At online auction site PropertyRoom.com, close to 4,000 unique items are up for bid at any given time from a network of 2,800 police departments and municipalities nationwide. With hundreds of new auctions added daily -- from buffalo horns to swords to jewelry and electronics -- most of these forfeited, seized or found items have a starting bid at just one dollar. With the merchandise collected from police property rooms across the United States, including the Los Angeles Police Department and the New York City Police Department, the auctions have generated more than $50 million in proceeds given back to the local communities.
For downloadable press releases, best deals, logos, photography and other press materials, please visit: propertyroom.com/media/ekit

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Karen Hansen
Bullseye Communications
301-460-1501
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