Storage Auction Winnings: Become an eBay Pro

Sell storage auction items on eBay

You finally won a storage auction. What do you do with the items now? Re-sell that inventory, of course. There are many different options available for reselling, eBay is one of the most popular places for storage auction buyers to resell their inventory. However, successfully selling on eBay is a little more involved than posting a picture and waiting for the bid to go up. eBay makes several recommendations for successful listings. You can read more about them at this LINK.

Even with all the tips from eBay about selling, it seems like some people are still better at selling on eBay than others. Have you tried all the eBay tips and still not had great results? Have you wracked your brain trying to figure out what other people know that you don’t know? You are in luck; some successful eBay sellers are willing to share their secrets to make you a better reseller.

eBay

In addition to the best practices listed above, eBay also offers the eBay Seller Center, the eBay Community, and eBay Upfront to help you resell items purchased at storage auctions. The eBay Seller Center resources like the eBay for Business Podcast and shipping tips. The eBay Community includes discussion groups and a weekly chat with eBay staff. The eBay Upfront is a traveling conference in which eBay sellers and groups come to you!

eBay Radio by Voicemarketing, Inc.

eBay Radio is an internet radio program produced by Voicemarketing, Inc. They host live shows with eBay’s top sellers, eBay news, and general e-commerce. One of the hosts of eBay Radio is a long time eBay employee and the Dean of eBay Education. Their website also features an extensive archive of past shows you can watch anytime.

Udemy

Udemy is a website where professionals can host all sorts of classes to share with those looking to learn. A search of “eBay” returned 997 results for classes, of which 113 were free. The paid classes range from The Complete eBay Course – eBay from Beginner to Advanced to eBay Hacks: Optimize eBay Seller Listings. The average price of a lesson on Udemy ranges between $10 and $15.

Skillshare

Skillshare is an online community with a focus on creativity. There is no charge for the classes listed on Skillshare, but there is a membership fee of $8.25 per month. They do offer a two-month free trial. Skillshare offers a course titled eBay Mini Newbies Boot Camp. The class has 14 lessons, and you can watch the first lesson for free to see if the content is right for you. The website boasts an attendance of 756 students so far to the Boot Camp.

Ed2Go

Ed2Go is a virtual continuing education platform. They offer classes and certifications to help people educate themselves and advance in their careers. They offer a 6-week course called Learn to Buy and Sell on eBay for $149. That price might seem a little steep, but the class has twelve sections, including one on The World of Digital Photography. It is also taught online by a real professional, rather than a series of videos you watch independently. The class is recurring, with different start dates available.

Facebook Groups

There are hundreds, if not thousands, of eBay Groups on Facebook full of people willing to share their knowledge. Some examples are: eBay Selling Basics Nothing but eBay Basics, EBAY SELLERS, Stay at Home Moms Selling on eBay, eBay Warriors, and eBay Sellers Helping Each Other. You can also join Facebook groups dedicated to storage auctions to learn more.

YouTube Videos

YouTube has long been the go-to source for how-to videos for those who prefer to learn by watching. That includes all things Storage Auctions, such as selling your winnings.  Searching “Selling on eBay” returned several titles. There are also videos for how to sell specific items on eBay, such as books. Some of the videos include tutorials for using the website, and others explore how to spot things you can resell on eBay.

To win another storage auction to help hone your eBay skills, check out all of our units on StorageTreasures. If you want to learn more about being a bidder on StorageTreasures, check out our Help Center articles here.

Header Image Source: Daniel Krasoń – stock.adobe.com

 

StorageTreasures Communication to Bidders About COVID-19 Virus

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Valued Bidder Community,

As you’re undoubtedly aware, the growing Coronavirus pandemic (COVID-19) has brought unprecedented changes to our personal and professional lives on a national level. Rapid changes in government mandates and recommended safety precautions have forced many businesses to pivot standard practices to maintain daily operations and protect the well-being of their staff and customers.

 

StorageTreasures is currently experiencing low auction volume as a result of these changes. Most self storage operators have temporarily suspended auction activities – either in compliance with a government mandate, or to provide relief for tenants as many individuals face lost wages and unemployment.

 

We know that for many of you, auctions on StorageTreasures supply your primary or secondary source of income – and understand that you may equally feel the impact of these decisions. While we cannot offer clarity regarding when these auctions will resume, we will continue to provide full customer support for all auctions still available for purchase.

 

StorageTreasures will use this time to continue to upgrade and enhance our platform to ensure the best possible bidder experience when auction numbers normalize. We encourage you to engage with us on Facebook, or subscribe to our blog, to stay up-to-date on this developing situation and gain access to exclusive content,
contests and community-building activities.

 

We are grateful for your unfailing loyalty and look forward to the day when business is booming once again. Stay safe. Stay healthy. And be sure to check back often for new updates, activities, and auctions.

Warmest regards,

The StorageTreasures Team

P.S. Have questions? Please email info@storagetreasures.com, or call (480) 397-6503, to speak with a member of our dedicated support department. They are available to assist you Monday – Friday; 6AM – 7PM MST.

 

Why Do Online Storage Auctions Get Bad Reviews?

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At StorageTreasures we are always looking for ways to do better and one way we do that is by looking at messages we get from our bidders. They can sting a littlebut it helps us learn our areas for improvement so we can give you a better experience with online storage auctions. Here is a recent Facebook Messenger conversation that may help answer concerns you might have about using StorageTreasures. Thank you, Sara Beth, for allowing us to share your message! 

Sarah Beth 

Good day!! 🙂  I am new to this (I haven’t even placed my first bid yet as I am still in the “investigation” part of this journey), so please hear me out.  I was totally stoked about getting into something like this as a side hobby, but reading the reviews kind of has me a little skittish.  Instead of posting something publicly and allowing a whole bunch of negativity to bombard me, I wanted to come to you directly and ask about the process.  Why so many negative reviews? The good ones are superb, but the negative ones are definitely an eyesore for anyone who is thinking about doing something like this.  Could you please take the time to enlighten me on this? I know there are a million sides to every story. Getting duped is not something I would ever willingly sign up for.  Please take your time to respond🙂 I’d rather have this explained to me instead of ignored or just a quick response.  Thanks so much!! 

StorageTreasures Response: 

Sarah Beth:Storage auctions are not for everyone. A lot of people get into the business, hoping to have a great big windfall right out of the gate. While that might happen on TV, that is not really how it works in real life. You can find some great units out there. There are also some units you might pay little for but make a lot of profit. However, the vast majority of the units do not contain hidden treasures.  To be successful at buying and reselling storage units, you have to do your homework and prepare. You need to know what you are looking at and how much you can make in return. It is not a guessing game, where you buy the first cheap unit you find and make a ton of money.  A lot of people think the managers go through the units before they put them up for sale. While I am sure there are dishonest people in self storage, like every other business, by-and-large, the managers don’t care what is in the units. They don’t have time to go through the units.  

Read More: I Had the Winning Bid and Bought My First Storage Locker

From what we have seen, many self storage tenants are aware they are going to stop paying their bill and take all the stuff they want and leave the rest behind. Most of our career buyers are looking for quantity rather than quality, but always hoping for that big win. They need inventory to sell in their shops or at the flea market.  A lot of people also don’t realize you have to clean out the entire unit. This means you might have to make trips to the dump, which will cost you more money. You might also have to rent a truck to get the unit cleaned out by the deadline. A truck might also cost you money. You might have to take time away from your regular job or your family to get the storage unit cleaned out. There are personal and monetary expenses to buyers after storage auctions People think storage auctions are a quick and easy way to make money. It is NOT quick or easy. It is a lot of work, and it might take you a while to start seeing profits. The good units will sell for a lot of money, leaving you feeling like you can’t get a good unit. You can get a good unit, but it takes time, dedication, and hard work to be successful in this business. A lot of people do not realize this and end up disappointed rather quickly. It takes a little while to build up your “finesse” at buying storage units. I hope this helps. 

Sarah Beth:  

Oh, it does for sure.  I work full-time and also run a drug recovery ministry, so it’s not all about profit for me. It would be something fun and then also a way to sell a few things here and there, but also be able to bless people (which would be the best thing for me).  I was just so concerned when I saw the rude/negative comments.  My idea (please let me know if it’s a bad one) was to get just a small unit as my first one (I know about the $100 refundable cleaning deposit as long as it’s cleaned out and all that good stuff) to test it out and I planned to do maybe one unit a month?  I am not out to get rich or anything. Just something fun and, in the end, possibly provide something worthwhile to someone in need. 🙂 I just wanted to make sure that before I even attempted that it was worth even trying out.  Thank you so much for answering my inquiry so thoroughly. 

StorageTreasures Response:  

You could get some units pretty cheap with clothes, household items, shoes, toys, and other things people need. You have to try and see how it works for youAs long as you do what you are supposed to do (pay, clean out the unit on time, etc.), you will be fine! Sarah Beth:  Awesome!! Thank you so much!! StorageTreasures does not want anyone to have a bad experience using our website. However, we know that is probably not possible in this type of business. There are going to be sales that do not have spectacular results. There is a lot of money at stake for a lot of buyers. We do welcome your questions and comments by posting directly to Facebook or Twitter, messaging us, or contacting our Customer Support Team. We want you to talk to us, and we want to be the best we can at responding and trying to help you have the best buying experience possible!  To reach StorageTreasures Customer Support, call (480) 397-6503 or email support@storagetreasures.com 

How to Find Storage Auctions

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At StorageTreasures, we get a lot of questions about how to find storage auctions. We get a request through our “Help Center” on our website, from our social media accounts, and also right here on our blog. We wanted to give you a comprehensive list of great places to find storage auctions and to find StorageTreasures auctions.

1.  www.AuctionZip.com

This website drives a ton of traffic to our website every day, so we know people look here for their auctions. The website is very user-friendly, as well. You go to their website and type in your Zip Code (or Postal Code), hence the name AuctionZIP. You can put in a mile radius of how far you are willing to travel, select from a long list of categories of auctions, or use keywords for the type of items you like to buy. The easiest way to find StorageTreasures auctions is to select the Storage Auctions category. The best news is; it is free to search for auctions on AuctionZip.com.

2. GlobalAuctionGuide.com

Global Auction Guide has been listing auctions for about five years now. It is also free to search their website for auctions. You can find online storage auctions or live storage auctions. You can search by location, date, or use a keyword, but the best part of Global Auction Guide is you can search by Company name, making StorageTreasures auctions easy to find.

3. LocateAuctions.com

Locate Auctions is the new kid on the block, but they have a lot of great auction listings. You can search by keyword, categories, auction type, or state. You can also browse their list of registered auctioneers or auction companies. Locate Auctions also has a great blog with all sorts of tips and information for bidders.

4. Your Local Newspaper

In most states, storage laws still require operators to advertise all lien sales in a Newspaper of General Circulation. You can try to find the legal ads on their digital version, or you can subscribe to the major newspapers in your county.

5. StorageTreasures.com

This suggestion might seem obvious or silly, but we have a lot of users who come to our site, and they don’t know how to find storage auctions near them. If you don’t already have an account, you can create one using the button in the upper right-hand corner.

StorageTreasures Account Setup

Once you have registered for your account, you can search for auctions from our homepage.

Find Storage Auctions on StorageTreasures

Personal Documents in Storage Auctions

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Why They’re There, What to Do with Them, and When to Walk Away 

During live storage auctions, it is not uncommon to open a unit and see filing cabinets or file boxes full of folders and papers. Immediately, auction buyers begin to ask, “can we leave the files?” Technically, if not legally, the answer to that question should be yes, the files can be left behind.  Most self storage lien laws do not specifically address the topic of items containing personal information. However, almost every state has other regulations on the sale of items revealing someone’s identity. This includes tax documents, medical records, legal records, pay stubs, identification paperwork, etc.

What Does the Law Say? 

Is it illegal for the storage operator to sell the items? Yes, and no. It is likely illegal for them to sell such items KNOWINGLY, but most self storage laws do not require operators to inspect the entire contents of the unit for auction. Operators are required to provide a general description of the property in the legal advertisement, so they do need to have a general idea of what is in the unit. Many of the laws go on to say operators or managers are not required to open boxes, trunks, cases, valises, or other items that might contain additional property. This part of the law is good news for auction buyers because this is what stops managers from needing to touch everything in the unit. It also leaves a lot of property unknown. Likewise, as an auction buyer, you don’t stand at the storage unit and go through each box as you are cleaning out the unit. You probably don’t even look through all the stacks of paper you see when you finally do organize your winnings. You likely toss the entire stack in the closest garbage bin.

Personal Items and Online Storage Auctions 

Online storage auctions could make it easier or harder to identify personal items stored in the unit. You have more time to look at the photos and investigate the contents of the unit. However, often, photos are blurry or dark and you cannot make out any of the items in the unit. Additionally, you don’t have a facility manager standing beside you to permit you to leave the files or records behind. You have no way of knowing how the facility manager will react to personal items once you have won the unit.

What should you do if you discover documents revealing a person’s identity?

  1. Attempt to return the documents to the storage facility. That could potentially be a big hassle for you. The facility might be far away or closed. It is also possible the facility might refuse to take the items back. It is not unheard of that happening.
  2. If the facility won’t take possession of the documents, or it isn’t logistically feasible for you to return them,  my best advice to you is to destroy the documents so there is no possibility of someone recovering them and committing identity theft. If you have a staff who helps you clean and organize units you bought at auction, make sure they understand the sensitivity of these items and dispose of them properly.

Are there times when you should not bid on storage auctions because of files or personal documents? Absolutely! If you see a unit full of banker type boxes, like these, Personal files in a storage auction unit and they say something such as “legal records” or “medical records,” you should not buy this unit. The facility should not be selling these items, and in turn, you should not be reselling these items either, assuming someone would buy them. Essentially, there is nothing you can do with these items; thus, there seems to be little reason to invest in them.

Check out all of our great unit listings on StorageTreasures.

Best Selling Units of 2019 on StorageTreasures

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Curiosity is a fundamental component of human nature. It makes us want to have an eye into other people’s lives to see how they live. There is no better evidence of this than the fascination with storage auctions. This curiosity is what made all the storage auction reality shows wildly popular and led to hundreds of people showing up at storage facilities on auction day. After ten years in the storage auction business, some of the most common questions I hear are, “do the units have really good stuff in them, or are the TV shows fake? While I feel the need to tell people most storage units do not contain hidden treasures, there are sometimes units that sell for incredible prices, and people always want to know what was in them. Here are 10 of the highest-priced units sold on StorageTreasures in 2019.  

10. Flat Screen TVs in Bordentown, New Jersey – Sale Price $8,410 

10x45 online storage unit filled with flat screen TVs and other merchandiseThe description provided by the storage facility for this unit said, “over 50 different named flat-screen TVs, but that wasn’t even close to everything in this 10×45 unit. There were unopened boxes of name brand luggage, comforters and pillows, and furniture. Bidding on units with flat-screen TV boxes is always a gamble, but with over 50 different ones, the odds were in the bidder’s favor, right?  

 

 

9. Band Performance and Stage Materials in Honolulu, Hawaii – Sale Price $9,070 

8x16 abandoned storage unit with touring equipment for a band including stage pieces

USA Today claims Hawaii is the #1 most expensive state in the U.S. to live in, and auction bidders there spend big as well. We have over 3,000 registered buyers in Hawaii, and two of them went head-to-head over this unit for quite a while, with 21 bids in the last 10 minutes of the listing. This unit contained everything a band would need to go on tour. There were several of the rolling boxes used to hold delicate equipment, amplifiers, speakers, DJ equipment, and even the aluminum stands to frame up the stage.  

 

8. Dolls and Collectible Figurines in North Hollywood, California – Sale Price $9,110 

Abandoned storage unit containing collectible figurines of celebrities and dolls

Is there a more appropriate place to find collectibles and figurines of famous people than NoHo, an Arts District North of Tinseltown? This unit had depictions of The Three Stooges, Bill Clinton and his saxophone, and even Abraham Lincoln. It was a 10×15 unit full of neatly stacked boxes, a bidder favorite, and other boxes that seemed to contain more collectibles. This unit contained the contents of what had once been a collectibles store.  

 

7. Lionel Train Sets in Surprise, Arizona – Sale Price $11,060 

 

Lionel-Trains-Surprise-AZNothing invokes the memory of childhood holidays quite like a Lionel Train set. However, there is a serious collector market for old trains, especially Lionel Trains. There are entire stores and giant expo shows dedicated to trains. I know this to be true because my Father-in-Law is quite the enthusiast, much to the chagrin of his four sons. Almost every box in this unit had the name, Lionel, on it, and there were also materials for building the tracks to set up the trains.  

 

6. Baseball Unit in Kingsburg, California – Sale Price $12,010 6

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At first glance, this unit looks dirty and full of old stuff, but I have learned from bidders over the years, the more dust, the better the unit. Undisturbed dust means the items in the unit have not been touched in quite some time. The contents of this unit were once a baseball or sports memorabilia store. There are boxes of baseball cards, stacks of the plastic containers prized baseball cards go into, and even display cases for the items. While we can’t see what is in the boxes, the crown jewel of this unit was a vintage cash register covered with a thick layer of dust.  

 

5. A Mover’s Unit in Hayward, California – Sale Price $14,800 

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The first thing you notice about this unit is the wrapped pallets with names on them, followed by the vast number of unused moving boxes. Unwrapped pallets of boxes are a treasure hunter’s dream. The gamble, the excitement, it is almost too much not to bid. However, the value of this unit does not stop there. There are also ornate wall hangings and home décor. Top that off with stacks of boxes in the back of this 10×30, and this unit is a goldmine.  

 

 

4. Large Safes in Alpharetta, GA – Sale Price $14,910 

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This unit is the definition of household goods, but a lovely household, indeed. It is not surprising considering the Metro Atlanta market has always been HOT, HOT, HOT for storage auctions. This unit had home décor, tools, children’s toys, furniture, boxes, luggage, and everything else you would expect to see in a typical household goods unit, but it also had three large standing safes. In addition to that, the furniture appeared to be well made and well kept. This unit would be a reseller’s big win.  

 

3. Model Cars in Chicago, Illinois – Sale Price $15,070 

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There seems to be a theme with collectibles on this list and spoiler alert – it’s not over yet! This unit is a little different from other collectible units because it is all model cars. Some were in boxes, some were in cases, but the entire 10×30 was filled with model cars. This unit had almost 2,000 views on StorageTreasures and 164 bids.   

 

 

2. Artwork in Staten Island, New York – Sale Price $16,050 

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I have always been amazed by the experienced bidder’s ability to determine the value of storage units. To the untrained eye, this unit looks like some plywood with paint slapped on it. However, this unit contained much more than that. In the back of the 10×30 is what appears to be stacks of artwork. There were also some sculptures and photographs of the famous rocker, Courtney Love, and an advertisement picturing Marilyn Monroe offering painting services. Given its location in the Five Burroughs of New York, this unit was probably a safe gamble.  

 

1. A Little Bit of Everything and a Bidder’s Dream in North Babylon, New York – Sale Price $38,840 

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This unit is the highest-selling unit in the history of StorageTreasures. There were almost 10,000 views on it and nearly 300 bids. I have always known that bidders had their favorite items to look for in a unit. We call them “furniture bidders” or “tool bidders.” This unit has just about everything a bidder could want. It had safe, comic books, power tools, clothing, gun cases, electronics equipment, collectibles, and even a box that says “Stan Lee” on the side of it. The winning bidder on this unit lived in Washington state and immediately hopped on a plane for New York as soon as the sale was over. That has to be another record for StorageTreasures; farthest distance traveled for a storage unit.