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Stories about Storage Auctions / First Storage Auction..........
« on: July 14, 2011, 02:37:03 PM »
I went to my first auction today that I intended to bid. I must say.....Jesus H Christ...are people that f&!%&^%! stupid?
?
Went to the first auction at 10 am...30 people or so in attendance...The first locker looked really good...10x20 neatly organized, alot of boxes, you could see tools and "guy" stuff...Went for $850....The next 5 were all ****....and went for over 600 each.. Not one should have brought more than 100-200 in my opinion..people showing up in their personal vehicles bringing the family, ....only a couple of recognizeable regular locker buyers, its like a carnival or something...knock down the bottles and win a teddy bear...the only problem is the teddy bear is worth $10 dollars and they are paying $100 for the extra balls to knock down all the bottles just to say they knocked down all the bottles.
The next auction: 10 units...all no more than $200 on a gamble....average price: $600.
The shows have really distorted the values of the lockers ....I sincerely hope that it levels itself out back to a dollar amount that is in relation to what the units realistically are valued at.
I know now that I have to increase my maximum dollar output if I want to compete in purchasing lockers...but I have to decide if I want to pay just for the thrill of winning....See my point....
Hopefully today was a fluke....
Will let you know.
?Went to the first auction at 10 am...30 people or so in attendance...The first locker looked really good...10x20 neatly organized, alot of boxes, you could see tools and "guy" stuff...Went for $850....The next 5 were all ****....and went for over 600 each.. Not one should have brought more than 100-200 in my opinion..people showing up in their personal vehicles bringing the family, ....only a couple of recognizeable regular locker buyers, its like a carnival or something...knock down the bottles and win a teddy bear...the only problem is the teddy bear is worth $10 dollars and they are paying $100 for the extra balls to knock down all the bottles just to say they knocked down all the bottles.
The next auction: 10 units...all no more than $200 on a gamble....average price: $600.
The shows have really distorted the values of the lockers ....I sincerely hope that it levels itself out back to a dollar amount that is in relation to what the units realistically are valued at.
I know now that I have to increase my maximum dollar output if I want to compete in purchasing lockers...but I have to decide if I want to pay just for the thrill of winning....See my point....
Hopefully today was a fluke....
Will let you know.