Thanks to the “Storage Wars” craze, most of America now knows that if you don’t pay your self-storage rent, the facility operator can auction off the contents of your unit to the highest bidder.
That’s what starts most storage auctions. But did you ever wonder what might stop one? → Keep Reading
In their line of work, storage auctioneers know self-storage facilities inside and out—almost on par with the owners and operators of those facilities.
Yet for all that auctioneers know about self-storage, how much do we know about their storage habits and beliefs? Not much.
We asked four storage auctioneers to give us the inside scoop on self-storage, including which of their own belongings they may or may not keep in storage units. Here’s what they told us. → Keep Reading
The idea of winning treasures at storage auctions is tantalizing.
While participating in a storage auction is not necessarily complicated, there is much to be learned about the process to stand a chance of scoring those treasures, especially when it comes to bidding.
Thanks mostly to reality TV shows like “Storage Wars” and “Storage Hunters,” millions of Americans have been swarming auctions at self-storage facilities in hopes of unearthing treasures. But data compiled by SpareFoot shows that storage auctions are more popular in certain parts of the U.S. than others.
To come up with our list of America’s Top 20 Cities for Storage Auctions, we matched U.S. Census Bureau population data with data from StorageUnitAuctionList.com regarding the number of storage auctions that were advertised in more than 800 U.S. cities in 2013. We then ranked the cities—with populations of at least 50,000—by the number of storage auctions per capita. → Keep Reading
In the spring of 2014, shop owner Tim Beavin bought the contents of a storage unit at an auction in Essex Junction, VT, and made a stunning discovery.
On its own, the unit already was a good buy at $660. It contained carefully packed moving boxes chock-full of artwork and antiques that easily could be sold on eBay or at his vintage shop, Old School Cool, in Montpelier, VT. One item in particular, however, set Beavin’s heart racing.
If you go to a storage auction in your area, will the bidding resemble the storage battles you see on TV?
Since first entering the storage auction business in 2002, Arizona auctioneer Casey Jones has seen some remarkable things left inside abandoned storage units. But there’s one particular story that always rises to the top.
About five years ago, Jones was getting ready to preside over an auction when a homeless husband and wife drove into the parking lot in an old station wagon.
“They were looking for a couch to bring back to some camp they had set up in the desert,” Jones said. “I told them they were more than welcome to participate.” → Keep Reading
You could battle crowds at the mall or just shop online. But how about heading to a storage auction to find cool holiday gifts at bargain prices?
That shopping tactic really is practical only for regular buyers at storage auctions, said Rich Schur, chief operating officer at The Storage Auction Kings, which handles auctions at self-storage facilities in four states.
“As you’re going through units in your normal course of buying, you’ll find items that would make good gifts,” Schur said. Those items could include antiques, coins, collectibles, jewelry, tools and watches. → Keep Reading
Thanks to shows like “Storage Wars” and “Storage Hunters,” millions of Americans have been introduced to self-storage auctions, yet very few truly know what they entail. So if you’re thinking of getting into the storage auction game, turn off the TV and follow this expert advice on what to expect. → Keep Reading