Reselling education surplus makes good sense.
InterSchola helps manage the sale of education surplus to a global audience and returns cash to schools and public agencies from otherwise idle assets.
K-12 schools and public agencies "retire" a significant amount of property and durable goods each year. Asset reallocation is a large and complex issue for schools and districts nationwide.
InterSchola provides a model designed to eliminate the headaches associated with surplus disposal by finding buyers for these valuable assets. On behalf of our Clients, InterSchola manages the auction process from start-to-finish, in compliance with complex legal Education Code that allows education institutions and public agencies to sell their surplus in a public auction environment. eBay provides an ideal marketplace.
The Formulation of an Idea
InterSchola is the brainchild of Melissa Rich. Melissa began her work in the education field at Intel Capital, where she recommended emerging education companies for investment. Later, she worked as an executive in the educational technology and textbook publishing industries, helping companies forge strong partnerships to service the education industry. Intent on helping the nations struggling schools and curious about what schools do with their surplus assets, Melissa turned to some of her former school clients to ask the question What do you do with the stuff you no longer need?
After quickly learning that very few resources existed for schools to realize value from their valuable surplus items, Melissa contacted two former colleagues and set to work to write a business plan for an organization that would help K-12 school districts extract value from their surplus. In the summer of 2003, Melissa pitched InterSchola to executives at eBay, the worlds largest auction marketplace, where her idea had strong support. With a unique business model that leverages the strength of the eBay platform and community, Melissa built a service organization to help schools sell their no longer needed assets to interested buyers on eBay.
In May 2004, InterSchola launched its first pilot auctions with five pioneering school/district clients in the San Francisco/Bay Area. These five clients sold assets that had been accumulating in their warehouses for more than two decades. The eBay marketplace proved the perfect market for the sale of these goods. Each one of these school clients received a large check in the mail from InterSchola. The results of InterScholas first auctions were better than anyone could have imagined.
"InterSchola has been a great resource for the district in the sale of surplus property."
- Sanger Unified School District
"Great job on the musical instruments! The district never expected that kind of financial return from these items, and you did most of the work "
- Oakland Unified School District
"We had no idea that the portable would sell for anything near this amount. InterSchola did a great job with a very complex sale."
- El Dorado Union High School District
"Great contact with seller, items as described. Would do business again!!"
"Better than advertised. Would recommend this seller to anyone-A++++"
"Items in very good condition/ exactly as described/ smooth pick-up. Thank you!"
"A pleasurable experience. Great value for the money. Site representatives A+++"