==== ==== Click here to learn the benefits of Storage Unit Auctions: http://www.storageunitauctionz.com ==== ====
Have you seen the TV shows "American Pickers" and "Storage Wars"? Does the idea of finding valuable items and reselling them for a profit excite you? If so then storage unit auctions might be right down you alley! What Is A Storage Unit Auction Anyway!? A unit is auctioned when the renter of a storage unit does not pay their rent. To recover their loses, the storage facility holds an auction. Auction hunters bid on the units which are won by the highest bidder. On auction day the auction hunters gather at the storage facility. Right before the unit is auctioned it is opened by the storage facility manager or auctioneer. Bidders have only a few seconds to peer in at the items in the unit. Once everyone has had a look, the auctioneer asks for an opening bid, and bidding begins. Sometimes units only go for $250, other times they go for a as much as $4,000. As you can imagine, buying or bidding on a unit can be risky. Especially if you are new to this process. Once the unit is won the winner must pay the storage facility and then remove the items from the unit. What Happens After The Auction? Professional auction hunters often have people in mind or ways to sell potential winnings when they see what is in the units. To be successful in this niche you have to be able to resell the items you win. Some auction hunters have their own second hand stores or they sell the items on eBay. If they win antiques, the next step is to have them appraised then to find a buyer. Some items like appliances may need to fixed and cleaned up before you can resell them. Finding Storage Unit Auctions For Beginners If you would like to attend a storage unit auction here are some tips to get you going! A good place to start looking for auctions is online. AuctionZip.com is a website that you can use to locate local auctions. They are not all storage unit auctions, though so read the descriptions thoroughly. The WhitePages website will help you to find storage facilities in your area. This website is sort of the same idea as a phone book. You type in what you are looking for and your city or zip code and
listings will come up. You can also look in your local newspaper for advertisements from the storage facilities. They often advertise their auctions in an attempt to locate the renter so he or she can settle their debt.
Finding a storage unit auction is not that hard to do, it is the reselling that can be a bit of a challenge! If you would like more information about attending storage unit auctions, please visit http://www.auctionofstorageunits.com and read Storage Unit Auctions, An Overview.
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==== ==== Click here to learn the benefits of Storage Unit Auctions: http://www.storageunitauctionz.com ==== ====