Movieman knows about my hair-brained theories but here goes another one.
Are Saturday & Holiday (i.e. Good Friday) Storage Auctions Ruined Forever.
Seems to me since the TV shows we all keep waiting for the crowds and prices to wither away. We've had ebbs and flows where the crowds and prices seem to drop only to rise again when new episodes of Storage Auction TV shows come out or when it's tax season and people get their refund checks.
On the other hand Saturday auctions have maintained their popularity. At a recent Saturday auction I saw more fresh faces then I've seen in a while. What was interesting is this crowd did not look like typical re-sellers, junkers, pickers, etc. Mostly Middle to Upper Middle class, mostly couples. The drove BMWs, Corvettes, infinitys, & Porshes, along with new SUVs. When I saw this crowd it hit me like a shot! Saturday storage auctions will NEVER be like they were before the TV shows!
My theory is middle class couples, especially empty nesters, who would previously spend their weekends going to amusement parks, driving to the beach or mountains, going to casinos, or "antiquing". Are now going to storage auctions purely for entertainment purposes.
The bad news for full-timers & regulars; You can't run them up! They don't care! They don't have any business overhead costs, they can take their time processing the units, they don't need to make a profit, and even if they lose a few hundred dollars after all is said in done, so what? They would have spent that much anyway at the beach, or casino, or amusement park, etc. Then there is always the possibility the will score a good unit and find treasures! It's a win-win situation for them.
Therefor I conclude, and you heard it here first, Saturday Storage Auctions Are Ruined Forever!!! No theory should be made in absolutes so
MOST Saturday auctions are ruined forever!
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