Storage Auctions

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Mr Andersen

Pages: 1 ... 12 13 [14] 15 16 ... 27
196
tclane,

You know exactly what you are talking about. All I have to tell you is make sure you do your hw if you want to start something like this.

I want to bid on a unit on your website located in NY.
Since it says i have to present a recipt to prove that i have paid an invoice from Storeage auction depot.
This means the full biddingprice + 13% fee, before i can empty the unit.  But before i register and make a bid, i want to see a auctioneer license, i also want to see an business license for your company. So i can make sure i am buying from a certified  and registerd company. I also need proof that all your services are coverd by a secured trust thru a FTC approved bank in NY state, as according to auctioneer law and rules.

If this is not provided, i will assume you don't have it.

197
That just depends...

Originally, I thought the same thing. But the storage facilities that don't use auctioneers don't have to have a license.
He is merely posting the auction for the facility. The grey area is whether he can accept payment.
If the funds went directly to the facility, I see no legal issue. Since he does accept the payment, he is acting as an auction site and may be subject to the same rules as an auctioneer. Plus he is open to the same type of lawsuit if the unit was sold without proper paperwork. More research needs to be done.



As long as they auction off stuff with a registerd lien on it, the state law is pretty clear.
If he conducts business for them and take commission from the bidders, he must have an auctioneer license. What the storage facillities many times have is that they have their own auctioneer license, then the store managers are apprentices under them. And thats the law, to become an auctioneer, you have to do a 80 hour course and a 2 year as an apprentice. This is how they get away with it.

Running an auction site like Ebay is something totally different as that is an auction between two parties for used stuff sold by a company or a private person. No liens on any of the products.  Storage units has been published with a lien on it, therefor he state demand it to be sold by certified people/companies.

As an auctioneer you also have to have insurence of a minimum 200.000.00 dollars. There is also a bunch of other rules that he has to forfill, if he does not, he is running an illegal business.

198
He is actually correct. Over half of the storage facilities in the Houston metro area only have an auction a few times a year.  They don't need to because certain areas have higher default rates than others. Because of the upfront costs to have an auction, most smaller facilities wait until they have several units built up before they have a sale.

Now, most of you major storage facility chains do have them every month.

Believe it or not, about 15% of the storage facilities in the Houston metro area don't have auctions at all.

A few months ago a Houston storage facility had a record auction by a company who hadn't had a auction in over 5 years. There were 68 units.It was feature on the local news. Here is the link. As soon as the video comes up, look to your far right...that's me.   http://www.khou.com/news/local/Dozens-of-storage-units-auctioned-to-highest-bidder-111475599.html

We have a handfull of places here that have auction once or twice a year.

Most places have them once a month. 15%) is nothing when you look at the volume of facillities.

Like i said in my other thred, does he have a auctioneer license, if he don't he is ****ed. And he is then committing a fedral crime.
Thisnk i am gonna take a phonecall to his homestate and see if he has one. And if he does business across state lines that is something else, because then he needs multiple licenses.

199
You have spoke with the MANAGERS of the the facilities, who have nothing to do with how the auctions are handled. The turn around process for the facilities is actually quicker because most facilities only hold auctions twice a year. With our concept the facilities can post their auctions throughout the year without having to wait. Just because some of the bidders, like yourself may not like the concept, it will be the norm in the future.

Wrong, i have spoken to the State managers for several big chain. Right title is district manager. They run all the facillities here in Tennessee.  They work directly under the main headquarters, so this is far from some lokal live on site manager.


You said most facillities holds auctions twice a year. Newsflash for you, most facillities holds auctions once a month.
Most facillities have high demands on units, some chains here in TN can't rent out fast enough. Thats why they give you 24 hours to clean it out.

Some facillities here in TN have waiting lists for new tennants.
So with your concept, it would be funny to see how you could help the facillities to rent out faster when it takes a week to conduct a auction thru you guys. Where normal auctions takes 48 hours.

The biggest problem would be with the buyers, no serious buyers will use this form, so that would mean less bidders, and less income from the auctions for the facillities.

This concept is like most things that are new, comes as a flash and dies just as fast. I am sure you will hook up a few storage facillities, but in the long run it will fade out, when they see all the hazzle and negative things this brings with it.

One other thing is; do you have an auctioneer license? according to many states, the company who conduct auctions and then for storage facillities must present a valid auctioneer license.



200
If you found a large amount of cash, guns, drugs or other items that "technically require the police to be notified", what would you do and why?



Guns> You have them checked out and cleared. This is a must.
Drugs> contact the police, and the site manager right away.
Cash> Depends how much it is and if they have color dye on them. If we are talking about under $10,000.00 bucks and they are clean, keep it. If over $10,000.00 you would want to contact the IRS, if you don't you can end up in huge problems. Worst thing you have to do if you contact IRS is that you have to pax 25% tax on it.

201
What's it Worth?? / Re: 40-50 Unopened Beer Cans!
« on: March 19, 2011, 08:57:49 AM »
If you want a value set on them, then y should contact this guy.

artsbeercans.com/

202
This will big hitting the big masses just to let anyone who doughts the process. We were at the World Expo last week and I can only say we will be working with some big names in the business, without doing any name dropping. Look for Storage Auction Depot to take off in the near future. There is way too much liability for the storage facilities with all these bidders now showing up at their facilities for the auctions. Good Luck out there!

LOL yeah right.

I have talked with several state managers for most of the chains, they laugh of the concept.

Their problem is turning it around fast enough, your concept will delay everything for them. Meaning, they will lose money.

Yeah you might be a blast and some will try it, but then it will die out just as fast as it came.

If there is anyone who needs good luck, it isyou guys.

203
This concept will never hit the big masses, and thank god for that.
It is the most stupid way i can think of to hold a storage auction.

1. You can't feel safe that what you are bidding on is what you get. Things have most likely been picked out. All you are buying is the garbage no one wanted.  It might even be a allready auction sold unit that a newbie only took what he wanted. Or it is a unit put together by the manager to get ridd of crap.

2. Storage facillities need the space to sell fast, they can't wait 2-5 days for an auction to end and then another 2-3 days for the clean out.

3. Storage auction bidders/buyers who are serious about their business can't sit around and wait for this, they need it in their store ASAP.

4. Why pay more for units then what you have to? this is one way to pay more for a unit, and you sure can burn your self faster here then in the real world.

5. Do i trust this auction form, no. Internet have time after time proven that scam is sitting lose, i am not saying this is a scam, but on the internet i would not play with my money like this.  You can not put your own lock on it. Who can say for sure that no one is picking stuff out of the unit after the auction is over.

This is a tragic way to have an storage auction. A brain dead idea.

204
South West / Re: Storage Wars
« on: March 17, 2011, 02:24:18 PM »
Hey guys,

Thanks for your feedback.  While I can't make you want to participate in the show, I will only ask you to consider this offer seriously.  You guys are obviously veterans who were doing this long before Storage Wars came around.  The show has always been designed around a respect for hard-working people like yourselves and to demonstrate on a national stage the skills inherent to your trade.  Overall, it is a rewarding and fun experience.  

We want people like you who know this business inside and out.  Consider this rhetorical question: would you rather have an active role in guiding the show down the best path, or would you rather leave that to your peers?  Just a thought.  

I appreciate you letting me know what it's like from your perspective, and I look forward to hearing more from you.

I would love to be a part of the show, but i guess Memphis is alittlebit to fa away from Dallas (about 7 hours drive)

I like the show ( storage wars) and i think that the show has alot of potential to become what we want it to be. We can not judge them based on the first season.
Ohh and if you think Memphis is ok, let me hear from you. LOL i see this as a challange.

206
Storage Wars and Auction Hunters are a conundrum:  We hate them and love them at the same time.
Well, OK, some people just plain hate them.

Personally I watch them, enjoy them (on several levels) and meanwhile curse them for the crowds they have produced. Just have to live with it and as member-auctionninja-said, -up my game-  until they go away.

By the way auctionninja...where are you...lurking in a black suit in a storage auction hallway ?

He got stuck in a unit, to bad it was a 10x30, now he can't find his way out.

207
General Storage Auction Talk / Re: Which one to choose?
« on: March 16, 2011, 08:37:16 PM »
This has been a slow auction week.  The only buying opportunities are tomorrow at 9am for 10 lockers 40 minutes away in a lower-end part of town or a 3 locker auction at 11 am 15 minutes away in a well-to-do part of town.  Don't think I can make both.  My thoughts are to go to the 9am one and if I can get to the 11am one, great.

Am afraid that I would miss a really good locker, but 10 lockers makes more buying opportunity than 3 lockers.

Thougtss?

Go for the one at 9am.

208
If you had read what i said, you would have seen the facts.

I got 22 pages with auctions in Houston, on eac page there was 50 notices.
Not all of them are storage auctions, some are tax lien auctions and car auctions. But still, alot of people who do storage auctions also do other types.


209
Here is an example of a typical week in Houston. However, sometimes we have over 40 facilities having an auction in the same day. On just one Public Storage or U-Haul run, you might be able to look at over 80 units in a 12 hour period. 

Typical week in Houston, TX.   http://www.houstonstorageauctions.com/sample_list.php

Yeah we have had 36 facillities on the same day here in Memphis also.

210
So what is you point?

This has nothing to do with people like me, who has been in the game for some time.
Your services is directed to the newbies, and you will by doing that just make the problem bigger.

We have places here in Memphis to, that list their auctions in local papers, or in some other media that most people don't read.
That does not mean no one knows about it. Infact the ones who knows these places are the ones who are serious about their business.

Your services is nothing more then a "hype" business, where you want to hook th newbies to buy your product, you know just as well as me that none of the oldtimers has any use for this information, or want to pay for it.

I found tons of auctions in that area you mention, and in Katy. I also found older auction notices from the one you mention.
Not them alone, but everyone that goes under Houston self storage umbrella.


Pages: 1 ... 12 13 [14] 15 16 ... 27