Storage Auctions

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - auctioncurious

Pages: [1]
New to Storage Auctions? / Re: Where To Sell
« on: February 03, 2012, 11:01:16 AM »
I don't know anything about furniture/household consignment, but I've consigned clothing for years and actually worked at a consignment shop in high school - you don't get typically get instant cash - but you usually get a lot more than you would at a yard sale or flea market. And it's so EASY - you just wash it and drop it off. Most clothing consignment shops price things at about 1/4 to 1/3 of retail, and you get 50% of the selling price. Most pay out once a month, some charge $1 or so if you want them to mail you a check instead of you picking it up in the store. Most will mark it down each month until it sells, and usually you can pick it up if it hasn't sold after a certain amount of time - but some just donate things after a while.

Most shops are pretty picky about what they take - it has to be in good condition (absolutely no tears or stains), fairly recent styles (but some take "vintage" too), some only accept certain brands/designers. If there's more than one in your area, check them all out - some tend to specialize in higher-end stuff and more "career" type clothes, some cater to a younger, trendier crowd with more mall-chain type name brands. The picky part does seem like a pain - and some can seem a little snooty as they are going over the things you bring in - but being picky does help them get higher prices which helps you in the end.

At the shop I worked at, we had one regular who was a yard sale fanatic - she would regularly buy things and bring them in. She was typically paying 25 cents to $1 per piece - when you figure our prices on even a basic piece were $6-$10, she was making a really good return on investment. She was actually one of our favorites - we could even let her know which sizes/styles we were running low on and she'd look for them.  I'm sure any shop would be happy to tell you what sells best - they're making money when you do!

Not sure how much good clothing is found in storage, but if you like yard sale picking, I'd think it would be a great way to make a little extra money. When I cleaned out my closet after having a baby and leaving my office job, I took probably a garbage-sack bundle of clothes (nothing too expensive because I'm a bargain shopper!) and made about $225 within two months. Defintely better than a yard sale!   

Garage Sales / Re: Winter Yard Sales in Southeast
« on: February 02, 2012, 11:02:56 AM »
I'm in Alabama and have had really successful sales in the winter. There seems to be less competition, but those yard sale junkies still like to get their bargain-hunting fix no matter the season. And it's not so ungodly hot, so people tend to browse a little more.

South East / Southern Bama?
« on: February 25, 2011, 11:06:11 AM »
Complete newbie here! We're looking to attend to some storage auctions primarily to buy furniture for ourselves... anyone else in the area?

New to Storage Auctions? / Advice for a looky-lou needing furniture?
« on: February 25, 2011, 10:04:05 AM »
I admit it... I am one of those newbies who got interested because of the TV shows and have really enjoyed all the war stories everyone shares here on the boards! Hubby and I are looking for a few pieces of furniture and storage auctions seem like one of the places we might find what we want at a reasonable price. Several of the local facilities will list some of the contents of the units in their ads - so there's a heads up if there's furniture or large appliances - and of course there are always "misc. boxes"! 

I don't mind putting in sweat equity cleaning the unit to get a deal, but we're not really interested in doing this as a business. Two consignment shops in our area that specialize in furniture and home decor, and lots do womens/kids clothing - so I am thinking that if there were any decent items that fit those categories, we could consign them to offset our cost.

Is there a good way to "network" and approach other bidders who might want to resell the other types of items? Or if we don't win a unit but might be interested in just one or two pieces, is there an etiquette in approaching the winner to ask if they are planning to sell it?


Pages: [1]