let's talk about this again in a year....

I've pencilled it in on my calendar. See you then !

OK I went and boy did I get a lesson. .......the radio shack lkr had construction tools power saws exstension cords etc in it I had it pegged for $150 WRONG it went over $700.....the old lady unit $1,500 alot of hangers and OLD Trash.....I wont be back there for atleast 6 months.

Welcome to our world ! 

You don't.

Here's another bedtime story to keep you awake tonight:

http://storageauctionforums.com/index.php?topic=1434.msg6890

Yep, you read right; $18,500.

Here's the background. This household was stored  in VAULTS at a major moving company. There were 17 vaults.
Some 6 to 8 months ago this unit was also shown to us. They took all the items out of the vaults and had them displayed over a large area. At the last minute, before bidding could begin, the household owner paid up...he paid the $15,000 he owed in back storage fees. Story over ? Nope, now it's today, July 22, 2011.

The items were still displayed EXACTLY as they were months ago (see 8 pictures below). I asked the auctioneer what the plan was. He would open the bidding at a certain amount (unknown to us at that moment). If he didn't get an offer he would sell the stuff piece meal.

First, the crowd. About  40 people and 6 to 10 of us who EACH could have paid $10,000 for these goods, but this didn't stop us from talking to each other about getting together to make our individual pieces in the $2500 to $3000 range by grouping together. During the next 30 minutes the auctioneer was approached by three different groups with their bids.

After selling 3 unrelated vaults (different owners) we got to the biggie. The auctioneer started it at $5,000 (none of the side bids were that high) and he got NO bids. OK, he said..."we'll sell it piecemeal." At that point someone bid $5K and it went from there pretty much $500 to$1k at at time until it sold for $18,500 to......drum roll.....the former property owner ! Again !  Now he was the  original buyer at $x,xxx, then bailed it out 6 months ago at $15K and now at $18.5K !
So he is IN this stuff somewhere around $60K or so.

The auctioneer takes him in the office to verify he actually HAD the money. Came back out..."auction over."

Stuff was really nice, high quality, high-end from a home in exclusive Blackhawk which is near San Francisco. This guy had some dough all right, just not a good manager of that money !

I'll put more pictures in the next post. Images no longer available.

Forgot to take a pic of the HUGE stainless outdoor grill, 3 stainless coolers, Coke machine, etc.

.

One month later....July 22, 2011.

Looks like this plan was given some REALISTIC thought and the plan was abandoned. Better that than going through with it and falling flat after expending a lot of effort and time for little if any return.

i get tired of people saying this is worth this,this is worth that.Its only worth what someone is willing to pay for it.

I get your point and I am all for "saying what I mean", but I think when people are saying that they are really saying something like:

"I think I can get (this amount) for my (item)."

or

"I saw one just like mine bring $xx on eBay."


or

"My friend sold one almost like this for $xx at the flea market."

It wouldn't be "reality tv" without the two shows inflating the prices like crazy...can only hope all the new folks
don't take it too much to heart.