Self Storage Auction Tips

With some careful planning, you can really profit when you buy from auctions at self storage units. Before you go, you should know what you plan to do with the items once you buy them. You don't want things sitting around your house, causing clutter and collecting dust. You also don't want to have to pay for a place to store the items; it is good to keep what you might want for yourself and sell what you don't want as soon as possible. At almost all self storage unit auctions, you are bidding on everything in the storage unit. You usually won't know exactly what is inside it until you open all of the boxes following the auction. Sort the items in the storage unit right away so you know exactly what you have. Make three piles -- get-rid-of, keep for yourself, and sell. You can either throw away or donate the items in the get-rid-of pile, depending on their condition. When you get home, you'll want to sort the items you intend to sell. You can divide them by category (such as furniture, clothes, housewares, collectibles, etc.) or how you intend to sell the items (eBay, garage sales, etc.). You may also have your own method of sorting them. You might want to do some research on how to price your items, either online or at local venues similar to where you would like to sell your items. That way you won't price things too high or too low. Consult your yellow pages or look online for a list of flea markets, consignment stores, and auction houses in your area if you don't already know where to find them.

There are several options for reselling the items:

With a little preparation and research, you can make a large profit from spending a small amount of time and money at a self-storage unit auction.

The advice on this website is provided as a courtesy for informational purposes only. "Storage Tips" are offered as-is, and no warranty is expressed or implied. For more information, see StorageFront's Terms and Conditions.