Local storage auctions are an excellent source of extra inventory for retail businesses, entrepreneurs and bargain hunters. Recent television phenomenons like Storage Wars and Auction Hunters have popularized the sometimes dazzling findings of professional auction pickers as they travel the country from one self storage sale to another. These special storage auctions occur whenever a storage company has several delinquent tenants that haven’t made their rent payments in several months. However, as anyone who has ever tried to track down the upcoming repossessed storage locker sales in their area can tell you, it can be quite a chore to figure out when and where the next time a local company is going to hold a public auction.
That’s where professional storage auction listings come in. Tediously assembled using special insider databases, along with good old fashioned elbow grease and endless telephone canvassing, these special listings will typically include the name of the storage facility, its phone number and other relevant contact info, its address and, of course, the date and time of the next storage auction they will be holding. Some professional storage auction listings will also feature a brief description of the types of items you can expect to find during the auction, as detailed by the property managers who processed the units for auction.
The cost associated with subscribing to professional storage auction listings can vary depending on a number of factors. For one thing, different states’ listings cost different amounts, due to the potentially large variance in the amount of data required to make a completed listing. California, for example, has a signifcantly larger number of storage auctions occuring every week than, say, New Hampsire or Connecticut. Therefore, you can expect to pay a premium if you live in a massive state with a high ratio of self storage properties. Each one of these properties is another entity that your storage auction listings company needs to stay on top of and track down in order to furnish subscribers with completed listings each cycle.
Many of these professional storage auction listing companies will release their completed listings once a week. This gives subscribers plenty of time to plan and prepare for the upcoming sales in their area. Having your storage auction listings served to you this way drastically reduces the amount of preparation time necessary for succeeding in the world of public storage sales. Instead of spending countless hours on the phone trying to track down the odd property manager who actually knows what’s going on at their facility, you can simply sit back and have the data fed to you. This frees you up to spend more time reselling goods you’ve scavenged from previous storage auctions or to simply enjoy life without the constant stress of trying to maintain your own storage sale itinerary.
Although different storage sale listings companies handle payments differently, most adhere to a subscription model. By paying a certain amount per month or per year, you will receive regularly updated storage sale listings once per week or once per two weeks. These listings are absolutely essential to maximizing your self storage auction profits, and they have been a longtime favorite tool of professional storage pickers. When you consider the amount of money you can make monthly by purchasing and reselling repossessed storage lockers, you can see how a few dollars per month, or the equivalent if you opt for a yearly subscription, is a small price to pay for achieving maximum storage auction efficiency.