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Auction has been set for April 3, 2010 at 9:00am

 

Auctions

About Storage Auctions:
In the United States, most self storage facilities hold storage auctions or lien sales to vacate non-paying tenants according to their enforcement rights that are outlined within the laws of each state. These auctions are opened to the general public with most bidders’ buying for the purpose of reselling for profit. Storage auctions are a great way to buy secondhand merchandise for pennies on the wholesale dollar. If you are someone who sells at flea markets, garage sales or on e-Bay, you will probably find storage auctions to be one of your best sources for merchandise.

How does the auction work?
Be sure to arrive 10-15 minutes prior to a scheduled auction. Before the auction starts, we will have a sign in sheet and a set our terms and conditions of the auction. Cash is the acceptable form of payment and sales tax will be charged if the buyer cannot show a valid resale license and proper identification.  Storage auctions are very different then most types of auctions, as you are bidding on the entire content of a unit. Units are usually viewed 1 by 1 with the viewing limited to the doorway entrance of the storage unit or container. The bidding starts after all bidders have had a viewing of the property. Bids sometimes start out as low as $1.00 and can proceed upwards with the property being sold to the highest bidder. Based on our experience average lots or units seem to sale for under $300.00. Don't forget, the high bidder must remove all contents of the unit purchased within the time specified by the self storage facility. Unfortunately, we do not allow the use of garbage cans or dumpsters and units are expected to be broom swept clean. 

What can I expect to find?
You really never know what you will find. Most items are general household goods, furniture, electronics, clothing and personal records. Bidders do find money, jewelry, antiques and collectibles at these auctions. It is not uncommon to find someone's whole household or business in a unit, with that in mind, you never know when you might stumble on someone's life collection of who knows what!  Remember you are usually viewing the property from an open entrance into a storage unit or container; this means that boxes and plastics storage containers can yield anything. Some units are packed so tight that you won't have the luxury of getting a view of the items that are behind what is blocking the entrance area. 

How can I find out where auctions are taking place?
By contacting our office, we can fill you in on upcoming scheduled auctions.