Storage Auctions

Online auctions

Offline bwd111

  • *****
  • 686
    • View Profile
Online auctions
« on: December 28, 2013, 02:44:11 PM »
I just jacked up the bid on an online auction in my state with no intent of wanting to buy, and people still love to outbid on pure juck! I bid up to over 700 on trash and people are still bidding! I love it

Re: Online auctions
« Reply #1 on: December 28, 2013, 02:48:43 PM »
Seems easier to do with online auctions. Happens a lot around here too.

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Online auctions
« Reply #2 on: December 28, 2013, 06:52:27 PM »
Be careful, you might end up getting stuck with a unit you don't want. Storage Battles will ding your credit card for the full amount, buyer's premium and fees if you don't pay the facility.

Re: Online auctions
« Reply #3 on: December 29, 2013, 07:09:05 PM »
It might just be me but that doesn't make any sense to bid strangers up online.  There is no real upside and plenty of downsize.

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Online auctions
« Reply #4 on: December 29, 2013, 08:28:26 PM »
I've never bid anyone up online or at a live sale. Just doesn't make sense. We're all out there trying to make some money. If others are running up the units, we all suffer in the long run.

Re: Online auctions
« Reply #5 on: December 30, 2013, 12:11:51 PM »
I don't run the bid up, I just bid up to my budget. I'm the kind of guy that thinks that anybody who spends over my budget is a dumbass. lol

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Online auctions
« Reply #6 on: December 30, 2013, 03:02:37 PM »
I'm the kind of guy that thinks that anybody who spends over my budget is a dumbass. lol

I second that.

Re: Online auctions
« Reply #7 on: January 02, 2014, 04:48:15 PM »
Running a stranger up on a unit with no intention to buy said unit seems like a d-bag move to me.  coming online to brag about it just reinforces my opinion. 

I, for one, think my time is far more valuable than that.

Now, getting into a bidding war because it is still within your budget on a unit you think you can make a profit from?  No problems there.

Offline StorageSnag

  • *
  • 3
  • Love it.
    • View Profile
    • Email
Re: Online auctions
« Reply #8 on: January 04, 2014, 09:58:05 AM »
Running a stranger up on a unit with no intention to buy said unit seems like a d-bag move to me.  coming online to brag about it just reinforces my opinion. 

I, for one, think my time is far more valuable than that.

Now, getting into a bidding war because it is still within your budget on a unit you think you can make a profit from?  No problems there.

I sort of agree.  While running up prices does happen in real life, that usually a strategic move of some sorts.  Online auctions it really should only happen if there's a genuine "bidding war" for a unit.  Otherwise yeah.....


xx
The Future of Storage Auctions Has NOT arrived; online auctions will not prevail

Started by MovieMan

45 Replies
18463 Views
Last post June 12, 2013, 12:12:14 PM
by MovieMan
xx
Online Auctions not for me.

Started by parksleyman

6 Replies
3687 Views
Last post September 17, 2014, 02:48:58 PM
by alloro
moved
MOVED: Online auctions

Started by Travis

0 Replies
1650 Views
Last post December 28, 2013, 06:53:28 PM
by Travis
moved
MOVED: Online Auctions not for me.

Started by Travis

0 Replies
1485 Views
Last post September 10, 2014, 08:39:57 AM
by Travis