Storage Auctions
The Storage Locker => General Storage Auction Talk => Topic started by: Travis on October 05, 2014, 01:52:56 PM
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What do you think is the most difficult aspect of being a reseller?
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Paying sales tax on used junk. That just burns my backside.
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Finding a buyer! Also, deciding what is the best avenue to sell that item.
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yah, i think it's funny when people are afraid to jump in and buy a unit. hell thats the easy part. finding the right place to sell the right item is key, and making connections. Yesterday I bought a unit but i'm xtra busy right now listing things on ebay and craigslist because i have a lot of stock(but im not gonna let a good unit pass me by) so I took the nice washer and dryer, a bedroom set a, a swimming pool and a few military items out(total worth maybe about $1000) and sold the rest for $100 to another guy. plenty of meat left on the bone for him and not much work for me. oh and i paid $375 for the unit.
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so I took the nice washer and dryer, a bedroom set a, a swimming pool and a few military items out(total worth maybe about $1000) and sold the rest for $100 to another guy. plenty of meat left on the bone for him and not much work for me.
That's the way to do it!
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That will be the. Wwoorrkk...
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Constantly researching to find the fair market value of the used goods we find and where to market those goods to get the best return.
What makes what we do more challenging is not having the same new product line to sell over and over again. One of the most disappointing aspects of our business is when we find highly profitable and quick selling goods out of one particular storage unit, but find it might be 6 months, or 2 years, or never when we come across those goods again.