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Texas FM Listed on Craigslist

Who needs a broker when there is Craigslist?

Who needs a broker when there is Craigslist? A radio station licensee in Texas is using the online service to try to sell assets of a noncommercial station in south Texas. KVJS(FM) is licensed to Arroyo and is listed at $79,000, according to the ad, which says the station is currently not on the air.

KVJS, licensed to Believers International Broadcasting, transmits on 88.1 MHz at 4.5 kW ERP, according to FCC records. RW’s attempts to reach the licensee were unsuccessful. The phone number listed in the FCC’s database for Believers International Broadcasting has been disconnected. Kyle Leatherwood was listed as president in the station’s most recent application for renewal.

The Craigslist ad, posted in April and updated last week, reads in part: “The price includes the permit and FCC license. The transfer must be approved by the FCC, which is simple. It does not include transmitter and EAS unit. The building is wired for radio — special grounding and surge protector for equipment. It includes the land, building, tower, antenna, coax, etc.”

The owners wrote in the ad that they’d invested a quarter of a million dollars. “Was going to be our retirement and ministry project. Invested about $250,000 my wife said it is too much of our money in it, shut it down and sell it.”