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New to Storage Auctions? / I went to my first 2 auctions today here in Central Florida
« on: December 01, 2010, 07:47:32 PM »
Today I went to 2 auctions. A total of 15 units and 2 vehicles went.
Only saw 2 really good ones, and 3 possible good ones
The 2 good units had almost an entire small restaurant worth of equipment, tables, booths, soda dispenser,and several beer kegs.
One unit went for 1100 the other for 500. The same buyer( a whale).
This same whale dropped a possible good room on someone.
The room had some value from what I could see.( 4 decent car rims, power tools, and some household item)
The whale stayed quiet till the bid hit 600, then he bid 800 really quick and walked away.
The lady who had bid 600 then bid 825 without thinking, then said oh sh**.
Saw another unit go for 825. It had lots of hotel room safes, 2 medium sized safes several gas bbq grills, and pool supplies.
The 2nd auction had 2 to 3 times as many people as the first, including the whale.
No bargains, people had auction fever.
I played a game with another newbie, lets guess what it goes for. I hit or was really close several times.
Watched rooms that should have gone for 4 or 5 hundred go for 800 to 1000 bucks.
Everyone wanted to leave with something I guess. It was nuts. A room with 2 junked walmart bikes and a couple of trash bags went for 150.
Today was a good learning experience for me.
Watching the game in person teaches you a lot more than watching it on TV.
Will attend a few more auctions soon.
I will not bid on a unit unless i feel I can turn a profit from it.
Only saw 2 really good ones, and 3 possible good ones
The 2 good units had almost an entire small restaurant worth of equipment, tables, booths, soda dispenser,and several beer kegs.
One unit went for 1100 the other for 500. The same buyer( a whale).
This same whale dropped a possible good room on someone.
The room had some value from what I could see.( 4 decent car rims, power tools, and some household item)
The whale stayed quiet till the bid hit 600, then he bid 800 really quick and walked away.
The lady who had bid 600 then bid 825 without thinking, then said oh sh**.
Saw another unit go for 825. It had lots of hotel room safes, 2 medium sized safes several gas bbq grills, and pool supplies.
The 2nd auction had 2 to 3 times as many people as the first, including the whale.
No bargains, people had auction fever.
I played a game with another newbie, lets guess what it goes for. I hit or was really close several times.
Watched rooms that should have gone for 4 or 5 hundred go for 800 to 1000 bucks.
Everyone wanted to leave with something I guess. It was nuts. A room with 2 junked walmart bikes and a couple of trash bags went for 150.
Today was a good learning experience for me.
Watching the game in person teaches you a lot more than watching it on TV.
Will attend a few more auctions soon.
I will not bid on a unit unless i feel I can turn a profit from it.