new york, May 6, 2024 /PRNewswire/ — Radiowell, America's leading authority on the value of used radio equipment, has released further findings from its 2023 market research. This latest opinion is based on an analysis of thousands of used radio equipment transactions and ranks the best channels for government agencies to sell used, surplus, and end-of-life radio equipment. It is attached. The analysis considered transaction price as well as key factors such as risk, compliance, and resources.
Rank the following sales channels: the best to lowest Financial gain:
Radiowell plants thousands of trees through partnerships with companies and government agencies that recycle used and surplus two-way radios. Organizations wishing to dispose of surplus radio equipment should visit Radiowell.com/sell or https://www.Radiowell.com (PRNewsfoto/Radiowell).
1. Other government agencies
Selling equipment to other government agencies provides the highest financial returns. A Radiowell spokesperson explains that your local municipality, fire district or other agency is the best place to purchase equipment. Andrew Park. “Local agencies often share the same state or county network, so their equipment is compatible.” Additionally, the parties typically know each other, which allows for favorable terms. It will be. Given the benefits of shared capabilities and networks, mutual trust, and locality, agencies should first reach out to nearby agencies for offers.
- Best return.convenience
- Typically complies with local/state/federal radio disposal guidelines
- Coverage available to protect distributors from future liability
2. Existing Radio Retailer (or Radiowell)
The agency's existing wireless dealers are the second-best channel for selling used wireless equipment. Dealers typically have other government customers that require equipment such as add-ons and parts. Additionally, wireless dealers are generally trusted advisors, making it easier to work with them. Radiowell also falls into this category because it can provide market value coverage directly to government agencies or in conjunction with the agency's existing radio dealers.
- Second highest value.convenience
- generally compliant
- Coverage available to protect agents from future liability
3. Recycler
The third channel includes recycling and e-waste companies. Although compensation is not provided and a fee may be charged, the disposition process is simple and compliant, saving resources for budget-constrained agencies. However, Radiowell warns that if the radio is still connected to an active communications network, agencies must remove the programming before sending the equipment to a recycler. Andrew Park “Public safety grade radios are designed to withstand floods and fires. The hard drive data destruction process used by recycling companies will not work on radios.”
- convenience
- generally compliant
- Coverage available to protect agents from future liability
- Active radios must be unprogrammed beforehand
4. Government auction
Finally, public government auctions, including physical and Internet-only sites, have the lowest returns, according to Radiowell's analysis. “In our view, auctions detract from the value of used wireless equipment for a variety of factors. First and foremost, the professional viewing required to properly value the equipment,” Park said. “There is a shortage of people at auction.'' Other factors, such as a deadbeat bidder and his double-digit percentage fees, push down the already constrained value. And finally, auctions impose significant risk on agents to ensure that all compliance guidelines are met for equipment sold and equipment that is not sold. Park explains: “If it's not already clear that selling government radio to the public is a bad idea, the inherent limitations of auctions also make it less than ideal for agency finances. We recognize that auctions are great in many areas of selling confiscated property, but radio is a niche product aimed at a specific audience.'' Agents are encouraged to first contact Radiowell to receive a no-obligation Auction Reserve Guarantee.
- Lowest return and high risk
- unlikely to meet all local/state/federal compliance guidelines;
- No coverage for future liability
- Consult an attorney before listing your device
- Contact Radiowell for a no-obligation Auction Reserve Guarantee.
Government agencies have many options for disposing of surplus wireless equipment. Although there are always exceptions, we recommend that agencies contact their neighboring agencies to begin the disposal process.
About Radiowell:
Radiowell's purpose is to reduce the environmental impact of decommissioned radio equipment. What started as a passion project has evolved over the past 25 years to become America's largest purchaser of used radio equipment. As a company with a conscience, we are committed to keeping unnecessary, outdated, or unnecessary two-way radio equipment out of the nation's landfills. That's why Radiowell reuses obsolete radio equipment as parts and donations. Interested parties can contact us to sell their surplus used radio equipment.
Source Radiowell
