Storage Auctions

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Stories about Storage Auctions / Re: 5th locker...motorcycle
« on: October 24, 2011, 11:48:16 AM »
If I were you..... I would part it out on ebay you will probably make twice what you would seeing as complete  unit

For shipping I used USPS almost all the time and never had a issue one thing I do ALWAYS is pay for Del confirmation. That way a buyer cannot clain to have never recieved a package.... and they DO try it! Delivery confirmation has saved my but a couple of times! I just was selling a item started at 9.99 with a $60 reserve 7 day auction bids up to $51 no sale..... I re-list with a 4.99 start and a 5 day auction bids steady for 5 days ends at $72 bucks....... That's the way these things go sometimes!

Other Forms of Selling / Re: Another source of Junk Silver
« on: July 01, 2011, 05:10:19 PM »
I have a couple a gas stations and 7-11's that I stop by on a regular basis..... Since I have gotten to know that cashiers I tell them all I will pay them 10 times face value for pre- 64 and I usually pick up one or two a week on average that way. Its a win-win

No prob, they do give you credit for your listing fee if you re-list so it doesn't cost you anymore money...... Auctions are funny I have lised things that didn't sell and then re-listed them and they went crazy...... If you re-list Ebay emails all of your previous bidders and watchers that it is available again! I always try to have a story or additional info about whatever I am listing also...... I will google the item and copy sales ads and such to paste into the auction.

There is no easy answer to that. If it is a high demand item shorter auctions are fine. I will give you a example. I just sold a Iphone on a 7 day with no bids on day 6... I start to panic a bit but then it takes off and sells for $266. There are so many Iphones that no one looks at them until to end. In that case a 3-5 day auction will be fine. I usually start my opening price very low on a 7 day auction with a reserve. This gets some quick bids and alot of watchers. You need to get the bidders invested in the sale. If they bid once or put it on  a watchlist they are likely to bid more. Sometimes I will put a item that I think won't auction well but has a approx value on with a buy it now. I don't do this often but remember to have a good auction you need 2 bidders. Example I part out old 4 wheelers and stuff and I will sell a carb for like 29.95 on a buy it now. I do this cause there are probably not alot of people looking for a carb for a 1984 Honda TRX 125 but there is someone that needs one..... They are likely to click to buy now rather than wait for a bidding process. Take alot of good pictures sell things that you can easily ship disclose everything and if it does not sell then relist right away!

General Storage Auction Talk / Re: Bought my first locker!
« on: May 17, 2011, 07:12:33 PM »
Well I think I did OK on this one..... Paid $20 sold some freeweights for 125 I was suprised those went nuts on Craigslist. Also sold a dresser and headboard for $75, 2 bunkbeds one for 80 and the other for 70. Watercooler went for 20..... All said and done total profit 350 on a 20 dollar locker. I'll take that!

Mid West / Who's in the Chicago area?
« on: May 12, 2011, 05:33:06 PM »
I am in the western suburbs (Montgomery). Try to stay away from the city as much as I can. Who else is around?

General Storage Auction Talk / Re: Bought my first locker!
« on: May 12, 2011, 05:16:11 PM »
No doubt that there s some work but if it was easy everyone would do it right?

General Storage Auction Talk / Bought my first locker!
« on: May 12, 2011, 03:43:41 PM »
Bought my first unit today! It was much better today than yesterday. 5 units up for sale with 9 bidders. Highest went for $275 and others for 40-50 bucks. I bought mine for $20 buck it was the last unit a 10x20 has a buch of broken dressers and matresses. I did find a dresser and a headboard that will sell along with some weight equipment a xbox and 2 nice bunkbed frames. Got some on Craigslist now hope to pull $300-400 profit. Will let you know how it goes....... Now I gotta figure out how to get rid of the junk!

Thaks for the info! I have been finding the info I need online..... it just ain't that easy!

What's it Worth?? / Re: BNSF Railway Storybook ie plans and maps
« on: May 12, 2011, 09:02:32 AM »
You might be suprised what that will bring...... Those are plans for a couple of business close to where I live. There are alot of RR nuts and thats not sdomething you see everydsay. Good luck selling interested to hear what it sells for.

@rulesforrebels Yes it was the one on Highland..... I see your local where do you find local Chicagoland auctions?

OK here is the good the bad and the ugly. Auction was in Lombard IL and advertised 4 units. As they opened the gate they announced only 2 were going to Auction.... I figure thats common. First unit was a BIG one 20x20 I got excited and then......... They opened it all that was there was a old comp monitor and propane tank and a couple of small boxes with what looked like some car parts. Went for $30. I think thats what it was worth too! Next unit was a 5x10 and it was packed! A litle furniture a bicycle and misc househols stuff. A cheap stereo and junk electronics in sight Unit went for $500! There was 20 or so people there seemed like they mostly knew each other. I am hitting up a 5 unit sale Thursday and am hopefully get some bidding done.

Welcome to the Online Storage Auctions Forum / New from Illinois
« on: May 11, 2011, 10:05:55 AM »
Hello! I am new to Storage Auctions. I am actually going to my first one today to observe and have another scheduled for Tomm hopefully to buy. I am not new to Auctions as I am in the car business and have plenty of exp buying at car auctions. I look forward to any advice you can give. Thank you!

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