Colleges sell surplus goods online: many schools are turning to eBay to sell used or unneeded equipment

University Business, Oct, 2004

Looking for a way to make good money oft your surplus items, including dorm furniture, lab equipment, and other harder-to-price pieces? Internet auction sites like eBay and Amazon could be a lucrative option for your institution. Oregon State, Penn State, Michigan State, and Washington State universities all sell on eBay. Penn State has sold everything from pianos to a doughnut machine.

Of course, it takes time, space, and personnel to photograph, describe, and store each item for sale. Some schools have opted to create their own auction sites. The University of Wisconsin generated about $280,000 in sales its first year, according to Tim Sell, business manager for the school's surplus safe operation.