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.

 

Is the Internet Killing Storage Auctions?

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Add to the growing list of industries that the up-and-coming generation seems to be killing off: antiques and collectibles. The Collectibles Market Is Not What It Used to Be. The digital revolution has taken away the joy of the hunt. Or has it?

The fact that we now have convenience does not make us less inclined to explore, browse, and discover items we didn’t know we wanted. Antiquing, flea market browsing, yard sale shopping, and attending auctions have always been hobbies for a devoted niche of people. The items in demand and the formats of sales may change, but the thrill and the sales remain.

Used Goods and Online Resale Markets Thriving

In terms of buying antiques and collectibles as investments, any hedge fund manager will tell you that investments always carry risk. Collectibles are no exception, and you’ve got to be careful about buying items solely for the purpose of selling them later. The resale market is always changing as supply and demand fluctuate.

While many people who hoarded Beanie Babies are now disappointed by their actual value, the used goods market in the United States is a growing $20 billion industry. That’s not even counting the online resale market, of which the fashion sector alone grew 82% between 2013-2016.

But those are general goods, not big-ticket items like authentic antique furniture, right? Not necessarily. There’s a thriving online niche for antique buying and selling.

The Internet Hasn’t Killed Browsing

Not only do Americans love a good deal, but the younger generation also loves a good hunt. They wear, as the Thrift Shop song proudly proclaims, their granddad’s clothes. They shop in brick-and-mortar stores, from low-cost giants like Goodwill to higher-end boutique consignment shops to local nonprofits. It’s true that users can find specific items with the search function on sites like eBay and Etsy, but they also browse categories and wander through algorithm-generated lists of similar items.

At StorageTreasures, we’re believers in online auctions self storage auctions. We make browsing online for units easy and worth your time.

Budget-Friendly Ways Of Upgrading Your Game Room

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Owning a man cave is one of those things every guy strives for. The allure of a place where nothing but chilling, winding down and hanging out with the boys justifies the time and expense it takes to build one. So how do you get started? First, you should establish a budget. Buying new gaming equipment – including chairs, arcade cabinets, ping pong tables, pool tables, TVs, Gaming Computers can get expensive.

Before you get started, it is a good idea to note down your idea, and then create a list of items you need to achieve the idea. With the list in place, it is time to start searching.

  • Fast and expedient.
    The first option is, hire the services of a professional for the design and manual work if your idea requires you to change the layout of the game room.
    The layout and design should consider the equipment you are adding to your man cave, so before you embark on tearing things apart, maybe you need first to purchase the major items that may affect your overall design, items like tables, cabinets, need to be incorporated in the overall design and building of the game room. There are several websites you can use to purchase most of the equipment you will need. Going this route requires a substantial budget for the new gear and equipment.
  • DIY (Do-It-Yourself).
    It often feels the prices are set so high to price out average Joe who has shelved his dream for an upgrade for years because he cannot afford the latest $35,000 arcade cabinet. If you are like average Joe, then going the first route for the latest gear or hiring remodeling professionals may not be a viable option.

So what does one do?
Take matters into your own hands and build the man cave by yourself; this could work as a bonding exercise with your kids and or your buddies, who knows.
The DIY route is for very patient people, for those willing to wait it out. Since you are not going shopping the traditional way for the equipment, you will look at other resources to find the items you want for your cave. A great place to look for used gaming equipment is storage auctions.

What you can find in self-storage auctions is mind-blowing.
You can find everything you need to upgrade your man cave in a storage auction, from arcade cabinets, chairs, pool tables, air hockey, ping pong, wet bars and more
These items are not only cost saving if you are lucky, but you may also find a lost treasure with a huge resell value, not only that they are great conversation subjects.

With the internet today, you do not have to hunt for storage auctions manually.
From the comfort of your home or office and at your convenience, you can access Online Storage Auctions where you can view and bid from wherever you are at your convenience. The building or upgrading or your man cave does not have to be expensive; you can build and equip one by yourself. Using online storage auctions is a great place to start hunting for bargain items for your game room.

Storage Unit Auctioned Off, Terrell Owens’ Loses NFL Keepsakes

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Someone in Georgia just made off with a bunch of Terrell Owens’ awesome NFL memorabilia … snatching up the Hall of Famer’s storage unit at an auction … and now TO is scrambling to get it back. TMZ Sports had learned Items in Owens’ old storage unit in Atlanta were auctioned off after he stopped making payments to the company.

There was some really cool stuff, from a custom bust of TO, old playbooks, autographed helmets, cleats, and even a copy of an NDA that we’re assuming the NFLer gave to people at parties.

You never really know when you will strike gold with a self-storage auction.

Consider, for instance, Marc Smith, president of Florida-based Personal Mini Storage. Several years ago, one of his facilities was auctioning off a handful of units, and one of the bidders struck gold with a decidedly unusual find.

“The unit’s tenant just fell off the face of the earth and stopped paying. And when the winning bidder looked inside, there were dozens of boxes labeled ‘Latex Examination Gloves,’” Smith said. “The guy who bought that unit paid like $100 for it. But then he wound up selling the gloves to various places like hospitals and fire departments for almost $20,000.”

Hunting for treasure in a self-storage auction can be a rewarding adventure if you are patient and know what to look for.

One man’s forgotten stuff is another man’s treasure.

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One man’s forgotten stuff is another man’s treasure.
Especially when the man’s forgotten loot is Mark Wahlberg.

A friend of “Storage Wars” star Rene Nezhoda apparently came across the treasure trove by chance. Nezhoda’s friend spent $3,000 on three storage locker units at a facility in San Fernando Valley a few weeks ago. When he inspected the contents he discovered he had actually stumbled upon a wealth of Mark Wahlberg’s personal items for early in his career.

Among the items were some of Wahlberg’s old pieces of furniture, family photos, trophies, mementos from when he was rapping as Marky Mark and filming of the 1997 movie “Boogie Nights”. Most of the items went up for grabs with the actors blessing. Some of the personal items, however, were returned to the actor rather than selling them off.

It is amazing some of the stuff you can find with a self-storage auction. Just imagine, opening the door your next unit, peeling removing the tape and opening a box to discover some lost movie memorabilia.

 

Here are 4 famous movie props that have been lost…

  1. The Original Iron Man Suit The suit Robert Downey Jr wore in the 2008 Marvel movie Iron-Man has disappeared from the prop storage warehouse.
    Valued at $325,000
  2. The Ruby Slippers From The Wizzard of Oz This 13-year-old mystery was solved in 2018, but the FBI is not talking yet. We are still waiting to find out where these have been hiding.
    Valued at $1,000,000
  3. World War Z – Fake Cows Not sure what you do with fake cows, but a pair of fiberglass cows used during the filming of 2013 World War Z were stolen from a field in Falkirk Scotland during filming.
  4. The Golden Gun from The Man with the Golden Gun In 2008 one of the prop guns used by Christopher Lee’s villain Scaramanga in the 1975 Bond caper was stolen from the Elstree Studios.
    Valued at $136,000

 

Image Source : Flickr

10 Surprising Items Real People Found in Storage Units

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Storage units offer the convenience of storing personal belongings that people don’t have an immediate use for thereby freeing up valuable space in the apartment. Whoever seeks to use the service are charged a monthly fee by the storage facility to secure, however failure to keep up payment or abandoning belongings brings down the auctioneer hammer on the properties.

Self-storage auctions can be a goldmine for treasure hunters, a popular reality TV series Storage Wars is a perfect example of what self-storage auctions are all about. The TV series depicts the adventures of four veterans of storage unit treasure hunting as they scour auction upon auction in search of hidden treasure.

 

Below are a few of the surprising items people found in storage units:

  1. A copy of Michael Jordan Recruitment Letter
    This is exactly what a man found after buying a unit where he came upon numerous documents belonging to Michael Jordan himself. These documents will eventually fetch an impressive $50k.
  2. Old Photos of Amelia Earhart
    One very lucky California woman discovered the old photos of the first ever female to embark on a solo flight across the Atlantic Ocean. They were found in an envelope in a storage unit she had acquired. The photos were expected to go for as much as $1000 each.
  3. A James Bond Spy Car
    A man and his brother were in luck after winning a storage unit auction at a bargain price of $100 where they discovered the James Bond Car. Ironically the two brothers did not know much about the treasure they had in hand, eventually selling the car for a whopping $1 million to Elon Musk.
  4. Old Newspaper bearing the news of Elvis Death
    In a 2010 Storage Wars episode, a storage unit was discovered to house numerous newspapers, many going back several years. They held crucial announcements such as the death of Elvis Presley known as the King of Rock and Roll.
  5. Human Body part
    A group of men found the unexpected when they acquired a storage unit in Kentucky instead of finding the treasure they seek, they came upon the remains of the dead owner’s wife.
  6. Meth Lab
    Two brothers in California discovered a Meth lab after buying a storage unit that housed it. In the storage unit were various equipment used in the Meth production process.
  7. A Grand old Piano
    In one of Storage Wars episode, Barry Weiss must have been thinking he blew $275 on a useless piece of junks until he came upon a classic beauty, sitting in the midst of old saloon instruments was a Grand Piano that will eventually fetch him a cool $11500.
  8. A Hand Grenade
    In Michigan, a man discovered a live hand grenade in his unit, he called the police and a bomb squad was sent to detonate the hand grenade without anybody been harm.
  9. Unreleased Michael Jackson songs
    More than 250 never released original songs by the King of Pop were discovered in a storage unit used by Joe Jackson. The songs were reportedly worth millions of dollars making it quite an incredible find.
  10. Classic Cars
    Back in 2009, a classic 1937 Bugatti 57S was found in a Unit, laying there for about 50 years. The value of the car is close to $9 million.

 

Image Source
https://revivaler.com/bugatti-type-57s-cabriolet-vanvooren/

StorageTreasures.com Acquires Storagestuff.bid

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StorageTreasures, LLC, the owner of StorageTreasures.com, the storage industry’s leading online auction platform, announced it has acquired StorageStuff.Bid, a well-respected competing online storage auction site. As part of the transaction Cheli and Chris Rosa, both seasoned auctioneers and employees of StorageStuff.Bid, will join OpenTech Alliance, Inc., managers of StorageTreasures.com and majority stakeholder of StorageTreasures, LLC. As part of the deal, over 700 self-storage facilities that have been posting auctions on StorageStuff.Bid will be added to the StorageTreasure.com site making the largest online storage auction platform in the world, even larger.

“We have always had a great relationship with the folks at StorageStuff.Bid and are very excited to now be on the same team. With Cheli and Chris on board, we are the only online auction company to have professionally licensed auctioneers in all states where it is required, which gives our customers a level of protection not available with other online auction sites. They add a ton of credibility to what we’re doing, a wealth of knowledge, and valuable expertise as it pertains to lien laws for both traditional and online auctions,” claimed Robert A. Chiti, CEO of OpenTech Alliance, Inc.

Chiti added, “Cheli will be responsible for supporting the StorageStuff.Bid customers as well as improving our facility manager and auction buyer training programs. We are going to put Chris to work on expanding our Auction Review Service. In addition, we are going to rely on both of them to teach us how we can better support Auctioneers with their live auctions.”

“We have been an OpenTech and StorageStuff.Bid customer for many years. The merger of OpenTech’s technology expertise with Chris and Cheli’s auction experience is a great thing for us and the industry. We trust them to ensure our lien sales are done properly and that we get as much money possible for our delinquent tenant’s goods,” Marc Harris, Vice President of Metro Storage.

“We are proud of what we have accomplished at StorageStuff.Bid, but realized that it was going to be very difficult to compete with the level of investment OpenTech is making in StorageTreasures.com. The amount of money they spend on digital marketing, auction buyer programs, customer service and technology innovations is staggering, so we felt joining forces was the right move. The one area they were weak was actual auction experience. Chris and I are filling that gap and bringing them our years of experience running both online and live auctions as well as our professional auctioneer licenses”, stated Cheli Rosa from StorageStuff.Bid.

The company expects to have all StorageStuff.Bid customers transitioned within 90 days, at which time the StorageStuff.Bid site will be shut down. After the transition, StorageTreasures.com will represent 8,500 facilities, 900,000 active buyers, and 15,000 monthly auctions. As the leader in online storage auctions, StorageTreasures has completed well over 1,000,000 successful auctions for self-storage facilities.

About StorageTreasures
Founded in 2010, StorageTreasures offers the most comprehensive self-storage auction platform available on the internet. In addition to storage auction hunters, the site serves auctioneers, appraisers, pickers, yard sale buyers, self-storage customers, and facility owners throughout the US and Canada. OpenTech Alliance, Inc. owns a majority of StorageTreasures, LLC and manages StorageTreasures.com.

About OpenTech Alliance 
OpenTech Alliance, Inc. is the leading developer of innovative technology solutions for the self storage industry. The company’s products and services include the INSOMNIAC line of self serve kiosks , INSOMNIAC Live! call center , INSOMNIAC CIA access control system and StorageTreasures.com online storage auctions. OpenTech solutions are designed to improve the customer experience, reduce operating costs and increase revenues for self-storage facilities.