Are Self Storage Auctions Profitable? Self storage auctions have become increasingly popular in recent years. Mostly in part to the reality TV show “Storage Wars.” These type of auctions occur when the contents of a storage unit are put up for sale on StorageTreasures.com to the highest bidder. But are
How to Bid on Online Auctions Online storage auctions have become increasingly popular in recent years, and for good reason. They provide a unique opportunity for individuals to purchase valuable items at a fraction of their retail cost. One of the most popular sites for storage auctions is storagetreasures.com. Let’s
Are Online Auctions Legit? We get this question all the time: “Are online auctions legit?”. Online storage auctions have gained popularity as a way for storage facility owners to sell the contents of abandoned storage units. But with the rise of fraudulent activities on the internet, it’s natural for people to
What do Facilities do with Abandoned Storage Units? Abandoned storage units are a common occurrence, but why do they happen, and why are they eventually auctioned off by StorageTreasures? There are a few reasons why storage units go abandoned. One of the main reasons is that the renter is unable
It can be frustrating if your storage unit auction bid is declined, and you cannot bid or buy storage units on StorageTreasures, but there is likely a good reason. Valid Form of Payment The most common reason your bid is declined is due to your form of payment. You must
Tips for Buying Storage Units Most people have seen the A&E TV series “Storage Wars”. The reality show is about a group of people who buy storage units. The content of the storage unit goes to the highest bidder, who then resells the items and makes a nice profit. Buying
You have probably seen storage units dramatically auctioned away on Storage Wars on TV. Real life isn’t so dramatic, but it is true that most self storage facilities have online or in person local storage auctions throughout the year. It is part of the business. Also, part of the business
The storage auction solutions team at StorageTreasures gets many questions about how our storage auction fees work. We know it can be a little complicated, so we will break everything down for you so you can bid and win self storage auctions with confidence. Buyer Premium The Buyer Premium is
The storage auction experts at StorageTreasures often get complaints about motor vehicles withheld from self storage auctions. We know you want to buy the car as it is right there in front of you in the abandoned storage unit. Did you know that it is illegal for a storage facility
You might have noticed online storage auction unit listings on StorageTresaures that say “gun is not part of the sale” or “firearms excluded from the sale.” It is only natural to wonder why certain items are not for sale at storage unit auctions. After all, you have always heard that
Many bidders fear facility managers go through online storage auction units and remove items before the unit goes to auction. “What stops the managers from pilfering the unit?” This is a common question many bidders ask on StorageTreasure’s social pages. The short answer is: there are many reasons managers do
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It seems so many people are getting into the resale business these days. The COVID pandemic spurred the growth of the reseller industry on both sides. Newly unemployed people got involved to provide an alternative source of income for their families and people also started shopping from home more because
The resale market in the United States has snowballed in recent years. Reselling is when you source a product second-hand to resell for a profit. ThredUp, a popular website to resell clothing items, reports the resale market, now valued at around $28 billion, will grow to $64 billion by 2025.
Bidding on storage units is fun and exciting, but you might notice many canceled storage auctions as you get started. Canceled storage auctions are frustrating for buyers (it is the number one complaint we hear from bidders.) Many bidders think storage operators cancel units because the top bid did not
Tips & Tricks For Selecting Self Storage Auctions When it comes to selecting self storage auctions, most people have failed woefully. While there are no proven ways to pick a good auction, there are a couple of tips and tricks that you can use when selecting a good auction.
When a storage unit goes unpaid for several months, the owner of the storage facility often puts units up for auction. The winner receives everything inside of it. However, it isn’t usually possible to spend a lot of time appraising the unit, and bidding high can be a gamble. If
