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Welcome to the Online Storage Auctions Forum / Re: Storage Auction Listings
« on: March 16, 2011, 03:04:51 PM »Hi and welcome to the forum.
I just want to ask you something, i don't mean to be rude or against what you are doing. But you guys put out some damn bold claims on your website "testimonials" from customers who have started to make $120,000.00 in just few months after starting using your information. As a long time auction buyer i find this a littlebit on the edge of what can be possible.
And what i find a little wrong is that you charge people 140.00 a year for this service, i find this to be high, when anyone can find the same information for free by spending 10 minutes a week looking it up.
My other thing i have a little problem with is that you claim to give good advise to newbies, what kind of advise is it that you give? is it about finding auction or is it about doing the auction and everything that comes with it?
No worries, I'm happy to respond to your concerns.
First, storage auctions have become so popular because it can feel a lot like gambling. But really, if you know what to look for when previewing a unit, know where to find the auctions you're most likely to profit from, and how to best resell the items you find you can be successful. We have a wide subscriber base, and we've heard a lot of success stories and some disappointment too but our testimonials are satisfied customers who are proud of the businesses they've created. We just offer a service that helps to streamline the process.
Second, The price of the list depends entirely on how much data we were able to aggregate. The lists are compiled by state, so as the states become larger with more facilities and more auctions dates the price increases proportionally. You'll notice AK, CT, DE, HI, ID, IA, KY, ME, MD, MS, MT, NE, NV, NH, ND, RI, SD, UT, VT, WV, and WY are all only $5/month or you have the OPTION to pay yearly at a discounted rate of $50/year. As for the larger states, if it only took 10 minutes to find the amount of auctions we offer all in one easy-to-use, constantly updated list then companies would not need multiple full-time employees on call for the same purpose, in fact one man called the office a few weeks ago to tell us we should be charging more because he used to have to pay 2 full-time employees to get enough dates just to fill his time. We have 7 full-time employees in the office adding auctions on a daily basis as well as an entire call center that blasts states one by one gathering auction information. Our prices are based on how much work we put in to our data. It is true that the data we collect is public information and anyone can sit down and call facilities asking for auction schedules themselves, but in no way is it possible for one person to sit down and call nearly as many facilities as we list for in order to get a result that even compares to our database, it just is not possible. Also, we search far and wide for auctions, so we list storage auctions for both large storage companies and small mom and pop facilities. We do this to give our subscribers the best chance to profit from auctions. We understand that the increased popularity of storage auctions has made finding success the industry more difficult because locker prices are being driven up by newbies and all the other complications that you incur with increased crowds, but if you have access to both widely advertised information (the auctions you will find posted throughout the internet, on Craigslist, etc) as well as little known actions (that were only advertised with us because we went out of our way to offer our service to that facility owner) then you will know which one you're headed for. But understand, you do have the ability to decide whether or not, depending on your location and how useful the information is to you, the list is worth it.
Last, As a company, our service is simply to provide the listings. In doing so; however, we've had the unique opportunity to speak with a lot of facility owners, professional and amateur auction goers as well as companies that use storage auctions to find merchandise. The advice I could give on these forums has to do with knowing what to expect from the process, what you'll need before you even attend an auction and even what to look for when you're there. I'm not claiming to be an expert, but I do work around storage auctions from 9-5, Monday through Friday. Simply put, if I can offer an answer I'd be happy to. I hope this cleared some things up and thanks so much for your questions.
Hard to imagine my old home state of Kansas having 500 auctions a month.
Movieman, you're all too right. Kansas has about 500 facilities that list with us, not all of them will have auctions every month. Thank you for highlighting how confusing the wording of the script over Kansas was, I went to our web designer so we could make it clearer. I apologize about that! It'll be updated as soon as possible.
I was checking out Tennessee on your website, and i can't really see that your advice on the best counties are right.
Yes they are close to Nashville, but for us who have done hundreds and maybe thousends of auctions all over TN will not agree with you on that.
When you recommend stuff like that, do you do that based on numbers you collect or years of auction buying and experience out in the field??
"Tennessee is a fairly populous state, with a few major metropolitan areas. Buying bins at storage unit auctions in Tennessee can be a great way to make extra money, as long as the buyer visits the right auctions. Many territories in Tennessee are better than others for storage auctions, so be sure to do research on the income demographics before you plan your trips. The Tennessee storage unit auction list covers about 1,000 facilities across the state. The best counties in Tennessee for storage unit auctions are Williamson, Wilson, Rutherford, Sumner and Robertson counties."
So above is what is said on the website, and the counties listed as 'the best counties for storage auctions' are based on how many auctions occur in those counties. It means that they are the counties with the most auctions regularly occurring. We suggest that you locate the best demographics within the counties (like looking for specific neighborhoods) in which to attend auctions. But of course this all depends on what kind of goods you're looking for.
I also want to make it clear that I'm am completely open to hearing what you know about storage auctions in your area. I do not, in the least, discount the knowledge gathered from years of experience in the field. So, if you see something on the website that needs attention brought to it, please, that's why I am here.
Whew, that was a lot, I hope I got to everything. Thanks for the inquiries guys!