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Messages - craiglstauction

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1036
Stories about Storage Auctions / Re: Lookey Loos Part 9.....September, 2011
« on: September 23, 2011, 11:09:39 AM »
It rained so a ton of people come out of course.  Sucks they didn't let you have the unit man.  We have many units that go for less then $50 here.  One of the two I purchased last week was only $35.  Wish ya luck.

1037
That isn't all that strange to happen.  I know several people on these boards have found urns and such.  A few of the regulars in my area have also.  A few years ago a facility even found a body in a unit.

As for the weirdest item for me so far.  It would be the blue electric globe buddah from the first unit I purchased.  It's not really strange but is different from most of the items I've seen in units.  Of course my kids thought it was cool and want to keep it.

1038
I hope you find the info chiefJ and share it.  I just bought a unit that turned out to have a TON of clothing.  Some of it I may be able to sell.  Will just have to wait and see.  Most of it will either go to my cloth scrap pile or Goodwill.


1039
I've seen a few units that my first thought was "staged".  At least one of the ones that I saw was at a facility that the auction/manager lets people step inside the unit.  While you can't spend 5 mins opening boxes, totes, and the like you can do a quick glance behind that matress or into that instrument case.  Even so - the one staged unit with instruments went for $450 last month.

Like always it's "Buyer Beware".

1040
General Storage Auction Talk / Re: Used TV's and computers?
« on: September 20, 2011, 01:28:14 PM »
Thanks for that link Fayettenam Man.  I'm going to have to spend some time reading that board also I see.

1041
New to Storage Auctions? / Re: First auction tomorrow-Do I have everything?
« on: September 20, 2011, 01:09:26 PM »
Just to give you some idea / perspective of the different markets:

First unit is about right for my area.  Maybe 5 or 10 bucks.  We had a few $10 units yesterday that were like that.  One was nothing but cloths.  Some decent cloths but lots of iffy stuff.

Second unit is about right depending on if there was other furniture or not.  Most of our units like that stay under $250...most being 180-200.

That third unit would be the big ? of the day.  An instrument case many times will take up the bid.  Most of the 5x5s here go for under $200.  However, a unit like that with a guitar, flute, and other stuff showing went for $550 back in July.  The neatly stacked boxes helped the price go up.  People that take care to stack, sort, etc. stuff in a unit normally means better quality items.

The furniture unit is high for my area.  I've only seen one $910 bid on a 10x30 that was packed full.  Was like a whole house unit.  Most of the others are in the $400 - $500 range.


Good luck on your next auction.

1042
No real secret to it.  You need to check the legal section of every paper you can think of in your area daily.  Most of the ads are only posted for one or two days (example: Sep. 01, 8, 2011 Adv. # 15233002).  If there are 2 papers that cover your area check both.  You don't have to be a member of the paper to check the legal section on the online version for most if not all.

Also, some states have a "legal papers" repository online that many papers send notices in to.  However, it's mostly voluntary so while the GA one is great for Atlanta and such it stinks for my area.

Other two ways to get info for your area.  Check out all the auctionneer websites for the area.  If you have any major storage chains sign up for their email list.

But remember you need to check daily.  Once you start to build a database you will learn most places hold auctions on the same timeframe each month.  Like the second thursday of each month is a 7 facility caravan, and the 3rd monday of each month is a 3 facility one in my area.

1043
Many of the regulars in my area don't bring a light.  I was a little surprised at this.  However, many of them have been doing it for 15 - 25 years and pretty much can glance at a unit.  I myself always take a light.  Either my big spot or at least a mini-mag that does ok.

1044
General Storage Auction Talk / Re: Used TV's and computers?
« on: September 19, 2011, 07:10:54 PM »
I just recycle them if they don't work.  For computers and such the local facility will take them for free.  TVs they want to charge you $10.  So I take those apart and put them bit by bit in the normal trash as room permits.

I do cut the power cords off and toss them in my scrap cord pile.  They add up quick after awhile.

1045
Stories about Storage Auctions / Re: Lookey Loos Part 9.....September, 2011
« on: September 19, 2011, 07:08:22 PM »
Well monday has come and we are done.  Once again the crowd was decent, but on small size.  About 20 people max for the three facilities.  Prices also were reasonable.  Most units were under $200.  Had a few $10 units and such.  Most expensive was an aged 10X20 packed to the rafters.  I have a picture of it if anyone wants me to post it.  This unit sold for $390.

Daughter and I purchased two units.  One for $35 and another for $220.  Sold the particle board furniture and a few other heavy furniture items to one of the other bidders for $50.  He can make money on it and is why he was bidding on the unit.  I don't like to mess with furniture so it's a win-win.

1046
New to Storage Auctions? / Re: First auction tomorrow-Do I have everything?
« on: September 19, 2011, 06:54:55 PM »
looks like you have everything that you need.  Maybe some band-aids (just sliced myself doing a dig).  My only advice is if the facility has 6 or more units for sale you watch the first or second units to come up.  Learn how the seller or auctioneer runs the auction.

1047
New to Storage Auctions? / Re: How far are you willing to drive to auctions?
« on: September 19, 2011, 07:57:08 AM »
I've driven 70 miles before for an auction, but it was an estate auction.  For storage auctions I've so far gone about 50 miles away to the next mid size city over the state line.  I will drive longer distances but only when I'm also going to be doing something in that area.  Example would be hitting some of the Atlanta auctions in Nov when I'm already going to be up that way.  However, with the distance it limits what all one can buy.  When I travel I look for small units that can fit in my truck.  So units with furniture, matresses, etc. are pretty much out automaticly.

1048
Flea Markets / Re: Niches...
« on: September 16, 2011, 07:38:47 PM »
Think it all depends on your area.  I know the two local flea markets are doing well some days since more and more people are going 2nd hand vs retail.  Other days some of the regulars out there see lots of traffic but little sales.

As with anything location is a key.  In a huge market do most of the people visit up front near parking and get tired and never visit the back lots?  The local flea here charges more for front spots, then back spots.  Half of the front spots are dedicated stores, the other have come and go spots.

As for niches that IMO is a hit or miss also.  Is there already a major tool, electronic or such vendor there.  I really wouldn't be buying from ebay to support a niche unless you have a very specific area and really start to make money.  I'd use estate auctions to fill like a tool niche market.

Personal note for when I hit the flea looking for coins.  I avoid the always there merchants.  For other then the coin shop the other shops don't have anything I know.  I look at all of the tables of the random people quickly.  I glance over each table to see if something catches my eye.  I don't check out the cloths, shoes, or piles of boxes.  The tables that look to be piled with nothing but crap everywhere I don't give a second glance.

1049
General Storage Auction Talk / Re: I am beginning to think...
« on: September 16, 2011, 05:00:41 PM »
Well I know one facility that doesn't care of the price or such.  He just wants to get the unit sold, cleaned out, and off his books.  Of course it's a chain facility.  As he said it cost him $700 just to post the ad in paper.

As for what teacher said.  I think all 3 are valid.

1050
General Storage Auction Talk / Re: At what point do you throw it away???
« on: September 16, 2011, 04:43:04 PM »
It's the storage locker fee that is killing you.  I'd have to dump the stuff in the locker if I couldn't sale it quick.  I have the luxury of a large shed/barn on my property that I can keep stuff to sale.  I just needed to invest in some storage bins since I've not gotten any extras yet.

If you want - come down Oct 15 and sale your stuff down here at the army fort yard sale.  They normally have a pretty large crowd.

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