Storage Auctions

What's more important?

Offline Travis

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What's more important?
« on: September 19, 2014, 03:30:13 PM »
What do you think is more important to storage owners/managers, a higher recovery rate or getting the unit cleaned out quickly so it can be leased to someone else? 

Offline luke

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Re: What's more important?
« Reply #1 on: September 20, 2014, 07:09:50 AM »
I think getting the unit cleaned out free of charge is the most important thing.

I went to a facility that did their own auctions this week, they didn't care what the price went for..  They were so quick to end the bidding and just get it over with.. 10x30 rooms going for $5. While others pondering about bidding, the auctioneer (an employee) that worked at the facility, had no delay. Just wanted to sell it and move on.  12 units sold in less then 30 mins, didn't even give people time to look.




Offline rulesforrebels

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Re: What's more important?
« Reply #2 on: November 13, 2014, 01:02:00 PM »
I get the feeling most of these facilites have pretty high vacancy rates so its not like they are really losing anything when a unit gets auctioned as the actual cost to them is minimal. For this reason I would say probably just saving them the hassle of cleaning a unit themselves.

Re: What's more important?
« Reply #3 on: November 17, 2014, 12:17:23 PM »
I would think getting it cleared out. They make money when they have people paying them to store stuff. When people aren't paying, and the storage is full, they are missing out on money.

Re: What's more important?
« Reply #4 on: November 19, 2014, 06:01:19 PM »
around here occupancy rates can be close to 100% sometimes ,they want the room back and quickly

Offline Travis

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Re: What's more important?
« Reply #5 on: November 19, 2014, 08:21:32 PM »
around here occupancy rates can be close to 100% sometimes ,they want the room back and quickly

You're in New York right Fred? Where the heck have you been by the way? You must be busy.

Offline dbr831

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Re: What's more important?
« Reply #6 on: November 20, 2014, 09:23:46 AM »
I get the impression that they mostly want the units empty so they can rent them out again and start making some money.


xx
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