Storage Auctions

Online Storage Auctions => Online Storage Auctions => Topic started by: bwd111 on December 28, 2013, 02:44:11 PM

Title: Online auctions
Post by: bwd111 on December 28, 2013, 02:44:11 PM
I just jacked up the bid on an online auction in my state with no intent of wanting to buy, and people still love to outbid on pure juck! I bid up to over 700 on trash and people are still bidding! I love it
Title: Re: Online auctions
Post by: HomeGrownPromos on December 28, 2013, 02:48:43 PM
Seems easier to do with online auctions. Happens a lot around here too.
Title: Re: Online auctions
Post by: Travis on December 28, 2013, 06:52:27 PM
Be careful, you might end up getting stuck with a unit you don't want. Storage Battles will ding your credit card for the full amount, buyer's premium and fees if you don't pay the facility.
Title: Re: Online auctions
Post by: mhuynh9 on December 29, 2013, 07:09:05 PM
It might just be me but that doesn't make any sense to bid strangers up online.  There is no real upside and plenty of downsize.
Title: Re: Online auctions
Post by: Travis on December 29, 2013, 08:28:26 PM
I've never bid anyone up online or at a live sale. Just doesn't make sense. We're all out there trying to make some money. If others are running up the units, we all suffer in the long run.
Title: Re: Online auctions
Post by: HomeGrownPromos on December 30, 2013, 12:11:51 PM
I don't run the bid up, I just bid up to my budget. I'm the kind of guy that thinks that anybody who spends over my budget is a dumbass. lol
Title: Re: Online auctions
Post by: Travis on December 30, 2013, 03:02:37 PM
Quote from: HomeGrownPromos on December 30, 2013, 12:11:51 PM
I'm the kind of guy that thinks that anybody who spends over my budget is a dumbass. lol

I second that.
Title: Re: Online auctions
Post by: atanorthwest on January 02, 2014, 04:48:15 PM
Running a stranger up on a unit with no intention to buy said unit seems like a d-bag move to me.  coming online to brag about it just reinforces my opinion. 

I, for one, think my time is far more valuable than that.

Now, getting into a bidding war because it is still within your budget on a unit you think you can make a profit from?  No problems there.
Title: Re: Online auctions
Post by: StorageSnag on January 04, 2014, 09:58:05 AM
Quote from: atanorthwest on January 02, 2014, 04:48:15 PM
Running a stranger up on a unit with no intention to buy said unit seems like a d-bag move to me.  coming online to brag about it just reinforces my opinion. 

I, for one, think my time is far more valuable than that.

Now, getting into a bidding war because it is still within your budget on a unit you think you can make a profit from?  No problems there.

I sort of agree.  While running up prices does happen in real life, that usually a strategic move of some sorts.  Online auctions it really should only happen if there's a genuine "bidding war" for a unit.  Otherwise yeah.....