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Well since a day at works is worth more then $300 to me if I overpay a bit but would have held back in person it would not be a big deal.Live and learn I guess
The concern going forward, especially for those that live in smaller cities/markets that have relatively fewer auctions, is what happens if many or most of the major facilities go to this format over the next several years? Choices are limited to trying to win units at locations that still do traditional live auctions, quite the business all together, or start practicing using the online auction format & seeing if we can develop new strategies for successfully bidding in an online environment.I had great luck in the start then prices were sky high, higher than ive ever seen making it not worth the blind bid. People can use credit cards to bid online making prices way out of reach and leaving too much room for shill bidding to become an issue. Watch the online auction prices and you will be amazed of how high they get. Some online companys refuse to show winning bids. Shaddy in my opinion.
Bwd111, I think you said you had some luck with this format in the beginning.
I for one would like to be able to try the online auctions but there are none in the Puget sound region yet. I think it would be good for someone like me who works full time and does the lockers as a hobby lead into retirement income type of thing. I can not spend more then one day a month actually going to auctions. It would be nice to be able to pick them up online. So any prospects of the lockers in Western Washington?Like Cobia stated and its true you see what the storage company wants you to see. Its a huge gamble and to me its blind bidding without see unit live. Would you buy a house or a car online without looking at it first? The unit needs to be looked at in person before bought period! Its your money do as you wish. Online auction are perfect for newbeeis, let them blind bid and learn.
does anyone have any experience with either of these websites?I have! Prices are way to high online.
Bought a 10x20 size locker for 250.00 in Central Cal that was packed. Couldn't understand why it didn't get bid higher until afterwards the mgt said it was a locker previously owned by a picker/bidder and could only assume some of the rest knew (which is part of the business). The locker didn't look trashy just full of "stuff". Was sick thinking the locker would be nothing but junk left over and a haul to the dump. Well, we saw some nice looking tools and household items along with a few other things to start with, thus the bid. So figured we would at least get our money back on resale. As we started loading the trailer we came across boxes of what we thought was ALL costume jewelry, imagine our surprise when we found gold and silver rings, necklaces, earrings etc. mixed in. Then we found bags of OLD silver coins, vintage vases, dishes etc. Most likely that kind of a find for us will be few and far between but we will take it anytime we can! Over the years we have learned we win some and lose some but the winning feels much better.Congrats
With all due respect, Utah has probably the best economy in the country right now along with a couple of other states most people in this country wouldn't expect like Wyoming & South Dakota.True. But bad econmy means people not spending as much
Take a trip to Michigan or Mississippi and look around, then tell us the economy is only bad in the media.
Here we go. This thread really belongs in the DUMP category (IMO).Yep. But theres not much stuff to reply to on fourm these days.
Storage units go up for auction for many reasons, a bad economy is not the only reason. Even after Romney wins, it is going to take some time to sort things out, pass new legislation, repeal old legislation, change budgets, etc. I think both of your jobs are safe for many years to come.And I hope Romney wins as well. But as it goes Bush 1 was the only president to have one term in years. So be prepared Obama will win a 2nd term but Repbilicans like myself will win in 2016.
My day job is in foreclosures and I buy storage units on the side. The past 3 1/2 years of having a bad economy has kept me employed; however, I am ready for the current administration to leave office. But if they do, I wonder if I will be forced to find a new line of work (which would not be a bad thing). Just wondering how others feel about the upcoming elections and how it will affect the units you win at auction.Its only a bad economy cause the media says its a bad economy. Me my self I have not noticed that it is a bad economy. I was working at one place and hired full time in 2009 at my old company that I left 1 year ago for even more money. And all a bad economy means is people are just wary about spending do to what they hear on the news. If I didn't hear on radio and tv that we are in a so called bad economy I would have never known.
And this is breaking news ?Not breaking news. But better than your tv show talk. But thanks for your imput.
