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Stories about Storage Auctions / Re: Auction Scene #6...June, 2012
« on: June 29, 2012, 12:30:35 PM »
Went to 2 auctions this past week. One had 9 units and 10-15 bidders there. Nice crowd and majority were regulars. Was able to get 2 units, almost a 3rd. The one I missed out on had some electronics/appliances boxes and the 2 in the front had their item inside the box. Also some ok furniture inside it. It was a 5x10. Went for $190. I was out at $175.
The first unit I won was an inside unit packed full with just furniture. It was a 5x10 also. Some of the furniture was bigger and I figured people wouldn't want to deal with carrying it outside to load. I got it for $40. Have already sold a bedroom set for $165 and have about another $200 in furniture pieces remaining.
The very next unit I was able to win also. It was an outside 5x10 3/4 full with a bunch of furniture, a few boxes and some appliances showing. Bidding started at 10 and went back and forth between 2 guys to $50 then I jumped it to $75 and the bidding ended there. At a yardsale this past weekend we were able to sell smaller stuff from that unit for $20 and also sold chairs from inside for $70. So, less than a week after and both units are beyond breaking even with a bunch of stuff still to sell.
The other auction I went to only had 2 units and about 10 bidders. Both units were decent and I liked them but we didnt have much space available after winning 2 units earlier in the week. Both went in the 200-300 range and each person should make a profit. Overall the scene is settling down here and that is good for everyone.
The first unit I won was an inside unit packed full with just furniture. It was a 5x10 also. Some of the furniture was bigger and I figured people wouldn't want to deal with carrying it outside to load. I got it for $40. Have already sold a bedroom set for $165 and have about another $200 in furniture pieces remaining.
The very next unit I was able to win also. It was an outside 5x10 3/4 full with a bunch of furniture, a few boxes and some appliances showing. Bidding started at 10 and went back and forth between 2 guys to $50 then I jumped it to $75 and the bidding ended there. At a yardsale this past weekend we were able to sell smaller stuff from that unit for $20 and also sold chairs from inside for $70. So, less than a week after and both units are beyond breaking even with a bunch of stuff still to sell.
The other auction I went to only had 2 units and about 10 bidders. Both units were decent and I liked them but we didnt have much space available after winning 2 units earlier in the week. Both went in the 200-300 range and each person should make a profit. Overall the scene is settling down here and that is good for everyone.