Storage Auctions

The Storage Locker => General Storage Auction Talk => Topic started by: Travis on May 25, 2014, 12:12:57 PM

Title: What percentage of storage units advertised for auction actually get sold?
Post by: Travis on May 25, 2014, 12:12:57 PM
Out of every 10 storage units that are advertised in a notice of public sale, how many do you think actually get sold at auction?

I don't have any data to support this, but I would guess it's around 40-50% in my area.
Title: Re: What percentage of storage units advertised for auction actually get sold?
Post by: fredgsanford on May 27, 2014, 04:28:20 PM
around here it seems to be 20-30%
Title: Re: What percentage of storage units advertised for auction actually get sold?
Post by: StorageAuctionFinds on May 27, 2014, 05:45:54 PM
In my local town it depends on the facility, One facility is consistently 40-50% It has an auction every other month pretty regular. The other facilities have an auction 1-2 times a year and they usually have 80-100% of their advertised units. If I go to larger cities 1 1/2 hours away it is usually 40-70% from my personal observations(memory).
Title: Re: What percentage of storage units advertised for auction actually get sold?
Post by: auctionguy on May 27, 2014, 07:06:55 PM
in long island i'd say about 20-30%.  Like clockwork an extra space in coram puts out 25 names but day of auction we are down to 5-7 and that is pretty much the standard around here.
Title: Re: What percentage of storage units advertised for auction actually get sold?
Post by: Cobia on May 27, 2014, 10:40:40 PM
yeah, 20-30% seems about right.