Storage Auctions

How much weight do you give to the writing on boxes?

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
How much weight do you give to the writing on boxes?
« on: January 06, 2013, 09:11:43 PM »
How much weight do you give to the writing on boxes?

Offline Cobia

  • ******
  • 1144
    • View Profile
Re: How much weight do you give to the writing on boxes?
« Reply #1 on: January 07, 2013, 09:19:40 AM »
 Boy thats a tuff one! Personal descriptions written on boxes can be troublesome. When the box says "clothes" or "yard sale", I believe what it says. When the box says "Grannies collectibles", well that could mean anything. Are we talking fine antiques or Dollar Tree figurines? I usually try to compare what loose items are laying around the unit and perhaps sticking out of the box to make an educated guess as to what is in those boxes.

Now original merchandise boxes are a different story. When I see LG flatscreen LCD TV, or Playstation 3, or Dyson vacuum, etc. I never assume that the original product is still in those boxes. I assume they are filled with garbage, dirty clothes, or are just empty, unless they are close enough to the door to get a better look.

Only one time I took a chance on an original merchandise box. It was at a piece auction. They were pulling out boxes of personal items out of moving crates and making lots of 10 boxes or so. That day, the lots were being bid as high as the whole moving crate would have went for at a normal auction. One lot got put together and one of the boxes I recognized as labeled with the name of a medical device manufacturer. We were allowed to walk around the boxes/lots but not look inside the boxes. The box I was interested in looked factory sealed so I took a chance and won that lot. The box paid off, it was a piece of medical equipment that paid for the lot and then some, but if it hadn't been there I would have lost money on everything else left in the lot of boxes.

Re: How much weight do you give to the writing on boxes?
« Reply #2 on: January 08, 2013, 09:13:13 PM »
For me I sell the furniture so that's how I bid. Re-sale value on furniture and the boxes is the profit. I have done very good with this method but I have a store and a customer base for the furniture.

Re: How much weight do you give to the writing on boxes?
« Reply #3 on: January 14, 2013, 10:18:49 AM »
Only about 1 in 5 units I trust what is written on the box.  Normally that is due to 90% of the unit being a specific type.  For example we had 4 different "crafting" units come up for sale.  The whole unit was related to crafting.  So if the box said x-mas material, or patterns, etc. I trusted it.  Only other time I put stock in the writing is when it's a professional / military move and the boxes don't look to have been opened/re-taped.  So when the box says "Kitchen - Dish" or "Bedroom #1 - linen" you are pretty sure of what you will find.

If I can inspect 3-4 boxes near the door and what is written on the box is what is inside I'll take a chance on the rest.  By inspect I mean look in the open box or via the handle holds.


xx
Give me the scoop

Started by Rufus

5 Replies
4467 Views
Last post May 19, 2015, 01:39:27 AM
by Mairakells
xx
When you store your Auto at a facility, do you have to give them a key?

Started by luke

3 Replies
3005 Views
Last post October 04, 2014, 06:12:42 PM
by bakerben
xx
Writing Our Own Reality Storage Auction Script!

Started by monkeybusiness

28 Replies
9750 Views
Last post January 23, 2012, 03:09:08 PM
by money4nothing
xx
Can anyone recommend a book on ebay or give some tips?

Started by zenBuyer

8 Replies
4228 Views
Last post January 29, 2011, 06:35:15 PM
by rulesforrebels