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Extra Space to end all live auctions June 30th

Extra Space to end all live auctions June 30th
« on: May 13, 2015, 06:35:17 AM »
Extra Space's 1100+ facilities throughout the country will be switching to Storagetreasures starting July 1st.

They did it in several locations throughout the last year and just got final approval two weeks ago.  All managers are reporting in for training within the next 2 weeks.

With ridiculous prices on this site and inability to look at the goods many of the regulars in my neck are calling it quits.

Public Storage, mom and pops are the only ones left by me.

Offline alloro

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Re: Extra Space to end all live auctions June 30th
« Reply #1 on: May 13, 2015, 09:47:09 AM »
With ridiculous prices on this site and inability to look at the goods many of the regulars in my neck are calling it quits.

With the regulars quitting the auction sales numbers could actually go down. That would cause Extra Space to return to live auctions.

Re: Extra Space to end all live auctions June 30th
« Reply #2 on: May 13, 2015, 09:53:41 AM »
Potentially.  The guys by me that are talking about it are all of the older guys who don't want to use the computer.  These guys also don't spend much at the live auctions so I don't think it will impact the numbers too much by me.

I think they are going to try this model across the board for a year and then revisit. 

I haven't won an online one in over a year due to the pricing so I'm staying local and just spending more on the right room

Offline Travis

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Re: Extra Space to end all live auctions June 30th
« Reply #3 on: May 18, 2015, 06:36:05 AM »
They'll eventually do the math and realize they're losing 25% in commissions. For an organization the size of Extra Space, that really adds up. I don't get it. Why pay a fee to sell buy/sell storage units online when you don't have to? Extra Space could switch to OSA and increase their bottom line by a million or so.  :72: 





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