GENCO Marketplace

I have purchased twice crom Genco in their pallet lot auctions. The first time I bought 4 lots of Ultra HD tv's which were supposedly overstock and liquidations. Not one of the tv's were salvageable due to they all had broken screens. Really... all 27 of them!

My second experience, thinking the first was just dumb luck, I purchased 2 pallets of HD tv's. 12 4k ultra high def tv's all listed as a liquidation by the customer. When I went to pick them up at thejr warehouse, every box was mangled and looked lime someone was jumping on them. Again... NOT ONE of the tv's had an intact screen! Genco's response to my complaints..."we're not responsible."

I have now been ripped off and scammed twice and will never grace Genco with my business and money again. Its pretty sad when you treat your customers this way.

This company is owned by Fedex which surprises me that they would run an operation that is at it's core dishonest. They tag every product, so they know exactly what they are giving you. They also remove tags that state product condition so they can sell it as customer returns. But it's not customer returns, at one point it might of been but it has been processed through many times and you get what's left at the end. They know this, there is no way they can't. A very long time ago you might of been able to get a good deal but not anymore. The most recent deal I did was about $22,000 and I'll be luck to break even, even after I put many many man hours in to going through it and selling it. When you go through the items and see how they removed tags, you know they are running a fraudulent operation. They remove tags that say the product is salvage or damaged, and they remove them, so they can say it's customer returns. Matt Thompson the guy who sells most of it now, has to know, and I'm sure spends his days putting out fires from upset companies. Once you buy there is no way to get your money back. The company itself is named after a mafia owned company in The Godfather, so you just have to think about how they are going to treat you. If you are trying to start a reselling business stay way or pay half or less of what they are asking.

My order arrived 39minutes after I placed the order. Amazing warp speed. Cannot fault the service and also brilliant communications. Thank you. Will use again.!