Property Services will assist departments in selling high-end electronics and/or lab equipment through various internet auction sites. Departments will receive a percentage of the revenues made from internet sales Please contact Steve Marvel (303) 492-1120 to arrange for your internet sale of high-end surplus equipment.
The percentage of revenue back to departments is based on the following thresholds:
0 To $999.99
CU Departments keep 51% of revenue
$1,000 To $4,999.99
CU Departments keep 78% of revenue
$5,000 To $9,999.99
CU Departments keep 85.5% of revenue
$10,000 To $24,999.99
CU Departments keep 88.5% of revenue
$25,000 and up
CU Departments keep 90.5% of revenue
Property Services' percentage of Internet Sales revenues covers labor, handling, research for fair market value, listing fees, etc.