Storage Auctions
The Storage Locker => General Storage Auction Talk => Topic started by: TreasureHawk on March 18, 2011, 09:53:19 PM
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Well.... today, I had the privilege of moving the 2 units I bought stuffed full of office furniture that I bought Wednesday and boy did I sucker a buddy of mine into a doosy of a work day.
It turned out that both of these lockers were stuffed so full, we had to make 2 trips to both lockers and this was with a 17 foot box truck
I still have yet to inventory and photo all the items as just the move took about 7 hours...but on the rough side I have:
17 HON 6 ft Shelving units
12 HON Filing Cabinets of various sizes (all large)
9 Executive 6 ft Desks
4 solid wood shelving units
2 nice professional chairs
2 great lamps (office / commercial)
1 full 3 panel cubical with corner desk (Kimbal Brand)
1 8 ft tall server tower with electrical outlets
1 specialty blueprint/plan filing cabinet
1 8 ft tall commercial ficus tree (silk)
and a bunch more stuff
Not bad for my first buy at $460 total?
I think if I price it to move fast....$1,200 to $1,500 is a reasonable expectation...and that would be at fire sale prices
Now the selling fun begins!! ;D
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(http://webs.lanset.com/rjsmovie/images/wow2.gif)
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(http://webs.lanset.com/rjsmovie/images/wow2.gif)
haha LMAO Nice! Thanks
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You're welcome and congrats on the good buy ! Looking forward to seeing a few pics.
I've had HONs before and they're good.
You must have a big place to store them and if I had them I think Craigslist would be my first stop, but maybe in your city you could even do an eBay for local pickup.
Good job !
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You're welcome and congrats on the good buy ! Looking forward to seeing a few pics.
I've had HONs before and they're good.
You must have a big place to store them and if I had them I think Craigslist would be my first stop, but maybe in your city you could even do an eBay for local pickup.
Good job !
Hey Thanks...Yea..I plan on getting them all up on CL ASAP .....there is not much HON here in Tampa which is good and what is there people are asking top dollar for....
I was just looking and NEW...the brand of server tower I have goes for $300 to $400 AND SHOCKINGLY....
the blueprint file cabinets sell for $800 to $1700
This lot could be worth upwards of 2K with the right buyers ...haha
NOW....we need Movieman to get off the computer and bump that lockers bought number up before March ends....haha
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NOW....we need Movieman to get off the computer and bump that lockers bought number up before March ends....haha
Probably not going to happen....not many auctions in my area in the next two weeks. Might have to buy 8 in April !
AND....remember a couple of days ago when you were fed up ? ! What a difference a day makes in this biz.
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Probably not going to happen....not many auctions in my area in the next two weeks. Might have to buy 8 in April !
AND....remember a couple of days ago when you were fed up ? ! What a difference a day makes in this biz.
Well...I remember ..but I readily admitted I was tired from driving from facility to facility and I even predicted that the next day I would buy and be high ......
I'm surprised not many auctions in CA over the next 2 weeks? I think I have close to 40 on my calender for that timeframe and that does not include the low hanging fruit....that is JUST legal notices and independents
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I'm surprised not many auctions in CA over the next 2 weeks? I think I have close to 40 on my calender for that timeframe and that does not include the low hanging fruit....that is JUST legal notices and independents
Well, there are a lot sure...but I'm not interested in driving very far and I don't NEED to, so....ok to take a break too. I'll have some news in a few days that will explain more.
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Well, there are a lot sure...but I'm not interested in driving very far and I don't NEED to, so....ok to take a break too. I'll have some news in a few days that will explain more.
You are staring in your very own storage auction reality show....aren't you?? haha :P
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You are staring in your very own storage auction reality show....aren't you?? haha :P
That damn WikiLeaks !
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How are the desks? I think you've got 2k just in those alone, and that's selling them cheap! You should be able to get 40-50 bucks each for the Hons (I just bought 22 of them two weeks ago and they are all gone). I think you're looking at over 3k, bearing in mind that the Seattle market may be way different than yours.
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How are the desks? I think you've got 2k just in those alone, and that's selling them cheap! You should be able to get 40-50 bucks each for the Hons (I just bought 22 of them two weeks ago and they are all gone). I think you're looking at over 3k, bearing in mind that the Seattle market may be way different than yours.
Hey thanks! I'm going to have them all on CL tomorrow and I will start the pricing leaving myself a little room and see where they go ..... Ill update with photos and progress as it happens.....
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WOW Factor Photos...haha Inventoried and photo'd all my items today...over 45 big items in total...
Not bad for $460 about $10 an item for mostly HON
(http://i1208.photobucket.com/albums/cc374/TreasureHawk/3.jpg)
(http://i1208.photobucket.com/albums/cc374/TreasureHawk/2.jpg)
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You are being very realistic on you price expectations....especially with the filing cabinets $10-$20 each. If you have any 4 or 5 drawer lateral filing cabinets, they do much better $50-$80 each. If you have any photos of the desks, I would like to see pictures of them....I have never had good luck selling office furniture for more than a quarter of the original cost.
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Actually, I do see the desks in the back of the photo....are they solid wood...they look like veneer.
You might be able to get $40-$60 each on the ones made of MDF & veneer. Nobody wants them anymore because they are so heavy and out of style. They make great work benches or shop tables.
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You should be able to at least tripple your money on that locker.
Good buy!
You could contact these guys and find out if they are willing to make you and offer.
http://www.sunriseoffice.net/
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You should be able to at least tripple your money on that locker.
Good buy!
You could contact these guys and find out if they are willing to make you and offer.
sunriseoffice.net/
Hey Thanks!
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Actually, I do see the desks in the back of the photo....are they solid wood...they look like veneer.
You might be able to get $40-$60 each on the ones made of MDF & veneer. Nobody wants them anymore because they are so heavy and out of style. They make great work benches or shop tables.
Ha...I disagree..but we shall see soon....HON filing cabinets retain their resale value very well and sell new for $400 to $600.....
The desks are part of the Sauder Cornerstone Executive collection and are still being sold new today by many office furniture dealers for $300 to $400 each
I see similar items on CL in Tampa here for $200+ on the HON filing cabinets and $150+ on the desks
I will obviously ask less than this but ....I have 14 of the HON shelving units and they are $385 each new.
There is not a single one for sale on CL within 300 miles of here and I have 14 to sell
I am predicting $1500 to $1800 at quick sale prices
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Like i said, you should at least tripple your money on this locker.
I like the fact that you don't jump on the first value you get, it always pays to ask around.
The biggest misstake you can do is to take what everyone tells you for a fact.
I have seen people taking advise on value and sold it for that, just to discover that that the value was much higher.
Also i see a red line here, when it comes to value setting.
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Like i said, you should at least tripple your money on this locker.
I like the fact that you don't jump on the first value you get, it always pays to ask around.
The biggest misstake you can do is to take what everyone tells you for a fact.
I have seen people taking advise on value and sold it for that, just to discover that that the value was much higher.
Also i see a red line here, when it comes to value setting.
It is amazing the difference of opinions on the value of items right? haha With my apparel biz in the beginning everything I bought (lots and trailer loads) that I thought would be a home run always turned out mediocre and all the stuff we bought on a whim or as an afterthought always sold like mad.....
Therefore, I learned long ago to take my own personal opinion of goods or the opinions of others in the business and to just do your due diligence on what the current market is getting overall for similar goods and go with that
I'm looking right now at an FDIC bank liquidation of over 1,000 pieces of office furniture, all branded, high end and I may be able to buy HON filing cabinets for as little as $6...if you can believe that
Going to look at 5,000 more sq ft here in a few hours on a month to month to hold it. It would be multiple semi loads full as it is all so big
I may be my own Sunrise Office in no time
Go BIG or Go HOME!! 8)
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Good luck....I know how much this stuff retails for new, but the problem is that you have 40 other people on Craigslist selling the exact same thing for peanuts. Its supply and demand. And there isn't much demand, especially in a recession.
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Good luck....I know how much this stuff retails for new, but the problem is that you have 40 other people on Craigslist selling the exact same thing for peanuts. Its supply and demand. And there isn't much demand, especially in a recession.
According to CL in Tampa area where he is, there is 2 adds for the same type of stuff. Other brands though.
And from what i can see, they are not dumping any of their prices. So where do you see 40 others in Tampa area on CL?
Also, a friend of mine here in Memphis bought a complete office last week (18 filling cabinets, 12 desks, 14 phonesystems, + shelving and etc) , from a company that went out of business.
He put two adds in the paper and it was gone in 3 days. He made a whopping 4K in 3 days on phone systems, office furniture and filling cabinets. (I got 3 really nice bankers lamps from that sale)
So i don't know how you can sit there and say it will be hard to sell, and that the prices will be rock bottom. How can you?? have you sold any products like that lately??
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There are always businesses starting, expanding and moving, no matter what the economy....and Mr. A is right....there are only a handful of HON items on CL in Tampa for all of March and the sellers are ALL asking TOP Dollar....I don't know...other than to tell you that Geographic areas differ widely.
Maybe Houston still has the Enron Flu??
Seriously... houston just may be a tougher market for these types of goods, it is much larger and there were more failures so the market may be flooded there?
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Good luck....I know how much this stuff retails for new, but the problem is that you have 40 other people on Craigslist selling the exact same thing for peanuts. Its supply and demand. And there isn't much demand, especially in a recession.
It's amazing how many people are starting businesses in the crappy economy. And. a lot of those people are being smart with their cash and buying good used furniture instead of springing for new stuff. It's a great market for good quality used office furniture right now. I would take all of it I can get for a decent price, it seems to sell quickly and for a fair amount of money!
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It's amazing how many people are starting businesses in the crappy economy. And. a lot of those people are being smart with their cash and buying good used furniture instead of springing for new stuff. It's a great market for good quality used office furniture right now. I would take all of it I can get for a decent price, it seems to sell quickly and for a fair amount of money!
Hey Thanks! I just finally listed most of it on CL at top dollar...so we will soon see the interest ;D
Even at rock bottom prices, I think $3K is very real...for all of it
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Looks good man, how many people did you have in it until the end? You'll easily make money of it! keep up the good work!
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Looks good man, how many people did you have in it until the end? You'll easily make money of it! keep up the good work!
Hey thanks ...only me and one other guy wanted the stuff
UPDATE: Have sold 2 filing cabinets and 2 desks for a total of $500 so I'm almost at break even and I have like 95% of the stuff left to sell ...haha
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Another WOW !
Sounds like you're on track to some good $ returns on your office furniture. Next time I get some I'll ship it to Tampa !
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Another WOW !
Sounds like you're on track to some good $ returns on your office furniture. Next time I get some I'll ship it to Tampa !
Haha Yea, I'm trying to buy more at a huge liquidation auction on Monday! I have gotten a good number of calls and emails on the stuff from CL so there are some buyers.....in all cases it was new offices opening or moving to bigger offices.....there is hope for this economy after all!!
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Haha Yea, I'm trying to buy more at a huge liquidation auction on Monday! I have gotten a good number of calls and emails on the stuff from CL so there are some buyers.....in all cases it was new offices opening or moving to bigger offices.....there is hope for this economy after all!!
Did you score at the liquidation auction ?