Storage Auctions
The Storage Locker => General Storage Auction Talk => Topic started by: stus_storage_seekers on June 26, 2014, 02:44:44 PM
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Ok so here's the deal guys, I'm in talks with a big storage company to sell off some of their surplus items on a commission basis but also, and here's the interesting part, auctioning off "whole" storage lockers to the highest bidder.
This would depend on the number of lockers they have available and also the amount of interest we can get. Think "Storage Hunters" & "Storage Wars", interested parties would come along on arranged dates with a pocket full of money and bid on lockers, they will be given 5 minutes or so once the locker is opened to have a look around before bidding commences, highest bidder wins the lot and will be responsible for clearing "everything" from the locker within a pre-determined amount of time.
Give me feedback guys, show your interest and let me know your thoughts, criticism welcome.
Thanks in advance
stus_storage_seekers
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Now there's an original idea. :smiley_confused1:
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Stus, pardon my counterpart's response. Although he's highly intelligent, he seems to have overlooked the fact that storage auctions are an emerging trend in the UK (brought on by the storage auction reality shows) and that our humble forum does have an international audience.
From your post, one could conclude that selling "entire" units at storage auctions in the UK is uncommon. Could you explain the normal process to us?
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Are you a licensed auctioneer? Do you know how to value things?
Its a lot more than standing there saying 'do I have $100....one!, now $125?.....'
Check out your resources over there like NAVA and what not. They have, or can direct you towards, regulations and training....
FYI - it can be a rough gig, this auctioneer thing. Most do storage auctions as a side line. It's not a primary source of revenue.
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I read it twice and still haven't figured out what the question is
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What happened? I'm still interested in the point of this one.
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I'll send him a PM and see if he'll respond to the questions.
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Thanks for the interest guys, this post was merely to test the waters and see what responses get posted. The storage company have opted against people attending to bid in person and instead the storage lockers available will be posted on eBay. Here's a link to one of the lockers for interested parties. Thanks
http://www.ebay.co.uk/itm/111393511664
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interesting concept, don't know how it would work here in the US to sell on eBay if it could be done legally at all. I can see large buyer protection nightmare cases happening with significantly not as described cases. anyway good luck
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Are you going to let them pay via paypal because if so you might as well pull the posting right now. Also I agree that this cannot be legal in the US obviously not sure about UK.
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I have checked on eBay's selling restrictions here in the UK and it mentions nothing about selling storage lockers or the contents as a whole so there's one less thing to worry about. Here's the link I refer to:
http://pages.ebay.co.uk/help/policies/items-ov.html#prohibited
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Stus, how do facility owners currently dispose of delinquent units in the UK? What is the normal procedure?
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I would be concerned about people cleaning out the unit and then disputing the purchase to paypal and getting their full refund. I've sold items, specifically an appliance for $750, had it tracked to the buyers house, had confirmation that they signed for it and 2 weeks later got an email from the buyer stating that it wasn't working because he accidently left it outside in the rain for 2 weeks. A case was then opened up stating that the buyer never received the item. Somehow they sided with the buyer and I was hit with the charge back. Pay pal/ebay monster is the worst.
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Ok I just checked out the link. If you are selling units, you are not going to hit one restriction but many. For example in almost every room there are used clothes, used makeup, prescription drugs ..etc.
You will have to inventory the entire room and remove prohibited/restricted items otherwise when someone makes a complaint and states that they bought a room that was filled with prescription drugs ebay will boot you.
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I would be concerned about people cleaning out the unit and then disputing the purchase to paypal and getting their full refund.
I was thinking the same. So many ways to get burned.
You really think ebay is going to help the seller if person grabs good stuff and leaves junk/trash?
Or look at it and see it's not a money maker and and make a claim of falsely described or, as stated above, had banned items?
With ebay they could really make a case they weren't fully informed. Ebay is always going to side with buyer.....
Let us know how this works out. Really interested. I mean, it could be the next big thing....who knows?
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i won't mince words, if you do this on ebay you are screwed. You are better off running an ad in the paper advertising a "storage wars" type sale of the contents. You are in for a world of hurt if you try to do this on ebay. remember cash is king for a reason
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if I could buy rooms, take the goods and leave the garbage and then get my money back I'm in!
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One could always call eBay and ask them if there are any protections for such a listing.
Another option is that the winning bidder only pays a $50 deposit through PP and the balance in cash. That way only the $50 is at risk.
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Yeah, meet them, get cash and sign contract. That way you can tell ebay to piss off, you have the courts on your side then. Might lose the $50 but better than the alternative.
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I once sold a portable dishwasher on eBay that was for pick-up only. My requirement was the buyer had to sign for it when they picked it up and leave me with a copy of their driver's license as proof they were here. I never had any problems when doing that.