Storage auctions went on for decades without many changes. Suddenly, thanks to their growth and publicity from a few reality TV shows, they exploded in popularity. While this had many less-than-desirable effects on the auction resale business, its popularity surge has resulted in the creation of many new technologies to assist resellers. One of the…
Storage facilities have used auctions as a way to get rid of abandoned items and defaulted units for many years, but these auctions have only recently become well-known. Until the last several years, only a tiny handful of people attempted to make a living by reselling items purchased in this way. Today, with the popularity…
Resale businesses are growing in popularity thanks to the ease of selling over the Internet and the appeal of self-employment. The struggling economy has led many people to seek alternative sources of income, and you might be considering this path for yourself. Whether you have any experience in reselling or you’re a complete newbie to…
Shows like Storage Wars have undoubtedly had an effect on storage auctions for buyers. Although the crowds of enthusiastic newbies have abated, storage auctions are still more mainstream than ever before. The larger crowds have caused prices to rise in some places. This isn’t the only change that’s come from the storage auction craze, however….
Some items you find in a storage unit will be popular year-round: electronics, appliances, antiques and collector items. Other items, however, are definitely worth more at certain times of year than others. The best of these are holiday items, which are plentiful in storage facilities and sell very well during the holiday season. People store…
In most states, storage facilities are required to hold public lien auctions. This means that the auction must be advertised and open to the public. The purpose of this is to provide the tenant with ample opportunity to reclaim his property, and also to ensure that the belongings are disposed of and not simply pocketed…
Most of the items at the core of your resale career will be quick and easy to sell. The key to making a profit is always to find items that will sell quickly and easily for a profit. All the same, you may often come across items that aren’t so immediately profitable – but that…
Although it’s not exactly common, it’s also not unlikely to come across human remains in a storage unit. Most of the time, these will be in the form of cremains, which are often stored along with the rest of a family’s belongings during a move or other transition period. Occasionally, though, you’ll find something weirder:…
One of the biggest challenges of getting started in the storage auction business is figuring out when and where the auctions happen. This is especially difficult if you don’t know anybody else who’s already doing storage auctions for a living or as a hobby. Fortunately, with a bit of digging, you can find the auctions…
Thanks to Storage Wars and all of its spin-offs, people are looking toward self storage auctions as a money-making opportunity. Everyone wants the chance to find hidden treasures and resell them for hefty profits. There’s another side to the storage auction business, though, and it’s one that can save you money and be a lot…
