Storage Auctions
The Storage Locker => Stories about Storage Auctions => Topic started by: MovieMan on March 29, 2011, 01:30:15 PM
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We continue our monitoring of crowds and prices in April.
Didn't want to start this on April Fool's Day....there will be enough jokes that day ! ;D
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I was at an auction the other day where crowds weren't too bad. Maybe 20 people at the most where as a few weeks ago this same circuit had 60 plus people.
Prices weren't bad. Many units going for more than I'm comfortable paying but no more of the $1000 for a unit with regular household stuff like old cpu, 27" tv, etc.
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Thats good to hear. I have been laying low last month waiting on things to get better.
going to wholesale auctions to keep something to sell.
Doing OK but not near as much fun.
Last unit I got was 2 weeks ago. 2 push mowers showing. 8 boxes. 4 medium uhaul- 4 plain a little bigger.
few pieces of well worn wood furniture, small bookcase, end table and 4 chairs. I also got glimpse of chainsaw blade and end of what looked like a carved bone sword handle.
Got it for 210 and walked away grinning.
Went back next day to move unit. Grin soon turn to frown. bone handle sword is plastic bone.($15 at best) off brand 14" chainsaw.
I'll make money on this unit.
But the boxes were where I thought profit would come from. 2 bigger boxes old clothes. 1 box of towels(rags). 1 box somebody cleaned out their desk. $10 maybe. 4 uhaul medium boxes of paper. Files. High school teacher with old student papers.
I love doing this.
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Terry...
Sounds like the typical locker we get and don't want. I love to gamble on boxes, but they are a risk. Sometimes I've found even super clean boxes and other items don't pay out. I went against another regular bidder on a 10 x 15 that looked really good...nice clean boxes, in quantity and other stuff looked good too. I went with her to $635...she took it for $650. Later learned from her that the boxes were great but their contents were run of the mill clothes, papers, typical household. I think she broke even, but she had told me she would lose money. We sell 8 spaces apart every Saturday at the best of 4 local fleas.
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Yea but I love the boxes. That where I make the most. I've got about 2.5 gallons of quarters saved this years.
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Went on the Public run today. It's a sad day when I bid $1600 on a locker, and I'm THIRD Bidder! Ouch. Ended up going for $1900.
Bid $1100 on another one, and I was FOURTH on that one, it went for $1750!
Even the small one I bid on and thought I had for $500 ended up going for $550! It just wasn't meant to be today I guess.
Lot's of auctions tomorrow, so I'm going to try to go to one off the beaten path and hope for the best.
Crowds are still large, although I think they have peaked and are starting to drop some. Still too many, but at least there is some hope! Prices are still way high on most of the units though.
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Went on the Public run today. It's a sad day when I bid $1600 on a locker, and I'm THIRD Bidder! Ouch. Ended up going for $1900.
Bid $1100 on another one, and I was FOURTH on that one, it went for $1750!
Even the small one I bid on and thought I had for $500 ended up going for $550! It just wasn't meant to be today I guess.
Lot's of auctions tomorrow, so I'm going to try to go to one off the beaten path and hope for the best.
Crowds are still large, although I think they have peaked and are starting to drop some. Still too many, but at least there is some hope! Prices are still way high on most of the units though.
if ya don't mind my asking what part of the country are you in.
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Up in the Seattle area.
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OK, April is here and I have to say while I am usually optimistic, the auctions in March didn't bode well for April.
I am beginning to think it will be next fall before things begin to return to SOME KIND of normalcy...will never be like it was before the tv shows.
I say this for two reasons:
1) The newbies (in my area) are starting to actually buy, AND some of them are getting smarter, bidding what a locker is worth, (or maybe a little more) so there is room for profit.
2) The newbies KEEP COMING...and I mean NEW newbies. These are folks I haven't seen before. There are so many watching the TV shows, they just have to come out thinking it's all greenbacks and goldbars. So, the crowd condition still exists AND some of them are actually learning.
Nope, in my opinion we're in for a bit of a wait as the spring/summer weather increases their desire to make a buck just as it does for us.
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Monday....back to work moving stuff from newly bought lkrs to permanent lkr.
Tomorrow, April 5, 2011 attending the one auction in my area that is sealed bids. An opportunity to
get a lkr at a reasonable price but with the danger of losing it by a few dollars...a bummer. I once bid $400 right
off the bat and got the lkr, but only made $135 profit and the next highest sealed bid was $265 I think; if only we could
truly read the competitor's mind, but it is fun to try to figure out what the others will bid.
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Sealed bid auction today and a good crowd...18 of us and 14 were regulars so we were bidding against people we knew.
This auction was only in the paper; not on any list. Funny small crowd because not a one of the 4 main auctioneers had anything going on anywhere today so I expected more bidders.
I went between $400 and $500 on two lkrs and got beat both times by $25 to $35. Went by one of them later and it was coming out pretty good.
I got one for $150 and I already know it's nothing special....no Auction Hunter biggies in there !
One couple bought 5 lkrs, one of the old-timers bought 2; actually, I think 6 of us bought all 15 lkrs.
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Today, Wed, April 6, 2011....
Went to two of three Public Storage auctions.
Crowd at first one was about 18. Bids were pretty reasonable...for junk.
Crowd at 2nd auction about 12. Two lockers, first one went for $100 or so for a 5 x 10.
Second lkr was a 10 by 10...I went to $750 and it went for $850 I think it was. A good solid looking locker.
If I had continued it would only have been driving the other guy up, and he stayed out of it until I dropped out of the running and then a couple of more bids against the newbie and he got it; since he is one of the regulars in my area and we sell at the same flea market, he deserved to get it without having to pay more than he did...and the favor will be returned some day.
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Went to one today with 5 units. Crowd not bad....maybe 25 people.
Lkr #4 was good, good, good ! It was a 5 x 15 packed with tools from front to back.
Several red roll-aways, smaller tool boxes, tools hanging from ceiling (new torch head and heavy yellow tubes) and at the back floor to ceiling wall to wall banker boxes, marked with typical household.
The overall impression of this one was how Neat or Clean it was...to me that always says a lot, but also means a high price. I was the last one to look at it and the auctioneer asked me what I thought it would go for. I said 1,500 to 2 (K) but tempered it with "but since there are only half the number of heavy hitters today, maybe less".
Bided my time and thought I would go to 1200 or so but thought it would go higher and it did...$1500 even.
At that price it will probably break even (I think) but another guy said he didn't think it would and he would have paid $500....even 8 months ago it wouldn't have gone that cheap. Anyway, a nice clean tool lkr and I would loved to have had it, but working for free on the chance of a few hundred profit just doesn't make sense to me (though I've done it before !). The red roll-aways were not Snap-On or anything, but even Craftsman sells, and at 500 pieces at $3 each would clear the lkr. ::)
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Wow sounds like that lkr had potential depending on whether or not there were tools in the roll a ways, other wise it could have turned into a big loss!
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Yeah I agree, it may have looked good but tying up 1500 actually more than that cuz you don't know how high the other guy was going, at any rate, tying your money up and hoping to make 20% profit on the 1500 just doesn't cut the mustard for me.
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Ironman...your reply in #14 above makes sense for me too, but around here anymore, we are having to be happy with making a 20% profit (maybe) instead of doubling our money. Still crazy here for the most part, though the crowds MAY be smaller. The rest of April will help show the trend I hope.
One auctineer told me that the newbies are affecting the lower priced lockers (say $25 to $300 or so) but paying more for them than they are worth, but he feels the higher priced lockers ($700 to $1500 or so) are still going to the more experienced buyers (with some exceptions of course). Still, the bread and butter items we depend on are often in those cheaper lockers...with the occasional BONUS beauties thrown in.
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Going to 5 or 6 facilites on Tuesday, Wed, Thurs this week, April 12 to 15, 2011 so will report back here on crowds and prices.
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Seems like that when the auctioneer starts off at 50 or 25 If I just jump in at 150 or 200 it immediately scares the newbies (90%) out and thins the bids. Bow what I do when I do that is bump the bid at 50% of what I want to pay for the unit so I still have bidding room. Its a mind game for the newbits.
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Seems like that when the auctioneer starts off at 50 or 25 If I just jump in at 150 or 200 it immediately scares the newbies (90%) out and thins the bids. Bow what I do when I do that is bump the bid at 50% of what I want to pay for the unit so I still have bidding room. Its a mind game for the newbits.
I tried that recently. When bidding got to $200, I said $500 thinking that might do it, but there was only the briefest of pauses and on it went. A newbie got it for $1100 (give or take), so it didn't work that time. Hopefully, he'll get burned a bit on that one and will think harder before the next one.
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April is looking like crap so far. Went to auction today, one I usually do pretty good at. Instead of the 6 lockers that were supposed to be sold (including the big draw that got me up there!), they only had three, and they were pretty crappy looking. Not too crappy though I guess. First unit, a couple of new guys got into a nice little bidding war and cranked it up to $750. I think the winner of that deal was the guy that dropped out at $725!
Next unit, two guys I know bid, first guy $1, second guy upped the ante to $5. It his $30 in about a second, and then slowly moved it's way up to $130! This thing was almost totally empty and had some particle board that somebody was going to be throwing away. Not sure what that was about.
Last unit was a 5x10 inside unit, and it was packed with junk (although there was a Wal-Mart guitar in the corner) and as I was walking out the door, the last number I heard was $500 and it was still climbing! None of the regulars got one today, today was all about the noobies!
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April is looking like crap so far.
It's not over yet, that's for sure (it being high prices). Auction today for me was cancelled. Have some Wed and Thurs. Hoping for the best.
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I will skip the pod auction tomorrow at 5:00 PM because it is the one I was talking about in another post that likes to advertise all over and the local news stations have showed up the last couple of times. I have another one on Thursday that I usually do well at, but after today, I'm not holding my breath!
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Went to 3 auctions today...the first 2 by same auctioneer...good news and bad news.
Good news is that only 18 people in attendance at two auctions. The crowd was split to 3 cities each about 40 miles apart.
First place had 4 units. The 4th was a 10 x 5....5 feet deep. It was piled about 3 feet high with tools, but pretty beat up. A regular bought it for $775. Oh my !
Second place had 7 I think it was. Last one was best a 10 x30 but only about 2/3 full with a path down the middle. Good quality stuff, but not enough to justify the winning bid of $1,025. Oh well; I stopped at $700.
Third auction of the day was a different auctioneer. Funny things was that one semi-old-timer was telling his friend "nobody know about this, I'm telling you." I was sure he was talking about one I knew about and when I got there, there he was ! Crowd was once again about 18 with some variety. At all three auctions half the crowd were newbies.
Funny thing is he got two units at $375 (10 x 10 a little rough looking) and a 10 x 30 about 2/3 full for $600. The 2nd one had a pickup cab in it and lots of dashboards and radiators laying on the ground. Boxes of other car parts. Not for me.
So another bust day. Guess I'll move to near Memphis where apparently the pickings are better and you can get a locker for $1 and make $800 off it. ::)
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Went to final one of the week today.....another bust for me.
This one had 5 lkrs. Crowd only about 20, but some newbies who have been around for a couple of months and
doing some buying. One couple there (low-lifes from the get go) and woman was shaking her fist, "It's not fair!", etc.Yep, she was a lkr owner and got to go inside with us.
Her lkr was next to last; a 10 x 30 with the back 2/3 full of black bags and some larger children stuff. Front had some OK furniture. It went for $425 and the crying began and then the stomping off. Oh well; pay your bills.
The last lkr was a 10 x 10, packed front to back, wall to wall, floor to ceiling. It started at $100 and went up to $200 at which time I offered $500. This approach USED to work, but no more. Hardly a pause again (I tried this a week or so ago). It got down to me and one other guy who has bought a couple. I bailed at $825 and on the count of going, going, gone came back in....I stopped after my next bid of $975 and he took it away for $1K. He'll have fun with it...better him than me at that price.
So, the lookey loo aspect is diminishing but the new buyers who have had a taste are in it for awhile. Whittling away at this in my area is the only way to go.
At the same time I was at this one, 3 other auctions were going on 20 miles away. Also, 40 miles away the other day it was reported there were 250 at that day's auctions, though I wasn't there, so don't know how accurate that was.
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I am one of the many noobs who have a taste of this and plan on sticking around.
Uhaul auction yesterday that was advertised two units and ended up being up as one as a tenant paid up.
Unit was in rough shape 10x10 and maybe 1/4 full with a couch and boxes that had been gone through as the packaging tape was visibly torn off or cut. Contents of most boxes appeared to be mostly clothes. Loose items spread around unit but nothing that jumped out at ya.
Auctioneer self promoted for about 15 minutes prior to starting the auction off at $200...no bites...random offer of $25...and the auction was on. Of the 30 attendees only 3 bid...ended at $230 to a young lady who may have consignment shop ties.
I stayed away from this unit for mainly one big reason, I attended a group of Uhaul auctions where this location was to be the last on the circuit. The auctioneer while at earlier sites announced that this specific location had been canceled due to the tenants paying up, it was also scheduled for 2 units last month also. So upon inspecting the unit and seeing that the boxes had been opened and with loose items spread about I would say it was safe to say that the this unit was previously to be auctioned off. The tenant paid up and removed what valuables they could and let it go into default again.
Another auction in my area (West Michigan) with advertised 3 units...I am out of stuff to sell so I will probably be a bit aggressive at this auction.
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Went to 3 auctions today...the first 2 by same auctioneer...good news and bad news.
Good news is that only 18 people in attendance at two auctions. The crowd was split to 3 cities each about 40 miles apart.
First place had 4 units. The 4th was a 10 x 5....5 feet deep. It was piled about 3 feet high with tools, but pretty beat up. A regular bought it for $775. Oh my !
Second place had 7 I think it was. Last one was best a 10 x30 but only about 2/3 full with a path down the middle. Good quality stuff, but not enough to justify the winning bid of $1,025. Oh well; I stopped at $700.
Third auction of the day was a different auctioneer. Funny things was that one semi-old-timer was telling his friend "nobody know about this, I'm telling you." I was sure he was talking about one I knew about and when I got there, there he was ! Crowd was once again about 18 with some variety. At all three auctions half the crowd were newbies.
Funny thing is he got two units at $375 (10 x 10 a little rough looking) and a 10 x 30 about 2/3 full for $600. The 2nd one had a pickup cab in it and lots of dashboards and radiators laying on the ground. Boxes of other car parts. Not for me.
So another bust day. Guess I'll move to near Memphis where apparently the pickings are better and you can get a locker for $1 and make $800 off it. ::)
If you had taken te time to read what i typed, but then again, i don't expect you to read it. I said 50 and potential sale of 800. BTW i i have now sold for $305 out of that unit. But it islike they say, when you fail at what you are doing, you have to pick at others who make it in the business. At least i get units and i make a killing profit from them. So that means i am doing something right, and your not. IT IS THAT SIMPLE.
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I can also inform you that the unit i paid one dollar for, i have sold what i could sell from it. 3 things went in the garbage.
Total profit from the 1 dollar locker is $92.00
Mattress sold for 5 dollars
Full size bed sold for 70 dollars
Leg brace sold for 10 dollars
Plastic tub sold for 5 dollars
Oil heater sold 10 dollars
Total of 100 dollars minus 1 dollar for the unit and 7 dollars to a friend of mine that helped me with the unit and the other 50 dollar unit.
So you see movieman, it can be done. I have to say one thing regarding this. The crowd in Memphis lately has gone back to Normal, we now have at the most 20 people attending the auctions, where 12-14 are regulars. So the newbies are not busting us up like they do at your place. BUT, that does not give you the right to be sarcastic and make fun of others. In my mind that just shows what stage in life your on, and if i was gonna put a name on it, it would be kindergarden.
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So you see movieman, it can be done. I have to say one thing regarding this. The crowd in Memphis lately has gone back to Normal, we now have at the most 20 people attending the auctions, where 12-14 are regulars. So the newbies are not busting us up like they do at your place. BUT, that does not give you the right to be sarcastic and make fun of others. In my mind that just shows what stage in life your on, and if i was gonna put a name on it, it would be kindergarden.
More power to you Mr. A. Could you continue to give us the blow by blow account on each and every item you get in a locker. It makes for amusing reading. And, by the way, I didn't learn about sarcasm until the 2nd grade...kindergarten was not that advanced.
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If you had taken te time to read what i typed, but then again, i don't expect you to read it. I said 50 and potential sale of 800. BTW i i have now sold for $305 out of that unit. But it islike they say, when you fail at what you are doing, you have to pick at others who make it in the business. At least i get units and i make a killing profit from them. So that means i am doing something right, and your not. IT IS THAT SIMPLE.
Sorry, I got lost reading the extensive item by item lists of all the things you get in each of your award winning lockers. I would put my long-term track record up against yours anyday, but as sbell111 commented one day it takes an extra special blowhard to do the job you are doing here. Yep, you're doing something right, but you're also doing something wrong....I guess I won't get an invite to that house in Norway you mentioned but I can tell you right now that if I had brought in the millions you claim from your MLM and other endeavors, I sure as shootin' wouldn't be out buying lockers for $1 and taking the freeby lkrs just to get $15 out of them, but then that's me, and you are you. Go to it guy !
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Sorry, I got lost reading the extensive item by item lists of all the things you get in each of your award winning lockers. I would put my long-term track record up against yours anyday, but as sbell111 commented one day it takes an extra special blowhard to do the job you are doing here. Yep, you're doing something right, but you're also doing something wrong....I guess I won't get an invite to that house in Norway you mentioned but I can tell you right now that if I had brought in the millions you claim from your MLM and other endeavors, I sure as shootin' wouldn't be out buying lockers for $1 and taking the freeby lkrs just to get $15 out of them, but then that's me, and you are you. Go to it guy !
Clearly you did not read what i said. And then you turn around and give it a whole new meaning, a meaning that are fitting your thinking. Where did i say i was bringing in millions on MLM?? MLM is probobly that thing i make less money on. Since my business more or less is real estate ( renting out apt and houses) it creates a lot of dead time. As for Norway, yeah i own a part of the company. Do that mean i am active working in it? NO, i am a shareholder.
So instead of sitting around doing nothing or pretending to do something, i go out and do auctions. I am not afraid to work hard and get dirt on my hands, if i can do something that is fun, well then i will do it. And if i make money doing it, well then thats even better. Even for a one dollar unit. I look at it more as game, how many percentage can i gain on one unit. How much cash can i make out of 1 dollar spent. But of course i also do the 400 and 500 dollar units, but they are not as fun as the small ones.
One thing you have to know, since your doing business, when i mention to Sbell111 about my company and what it do, well one thing is turnover, do that mean thats what i make? no, a business has bills, it has investments needs, and etc. My share of that comes after taxes and expenses. And then the profit is split between 3 shareholders. But like i said, you read it one way and then you see it one way, not thinking that there is more to it then what is said. Things are complex.
Do i make money, hell yeah! do i want to sit around in an office all day beeing bored? nahhh! Sure i stop by my tentants and talk to them and fix things if there is problems. So i am just as much a working guy as anyone else. I am not a suit guy and never will be.
Your track record is probobly bigger then mine, and thats ok. You have probobly made better deals then me, and thats ok. But have i ever made fun of your postings and finds? no.
In the beginning i thougt you was a decent guy, but it turns out your not. To bad.
Since you don't like my finds and and posting about the units, i have no problems stopping posting about it.
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Went to my last auction for the week today. Supposed to be two units up for sale. About three of us are there a little early and this lady showed up and asked us if we were there for the auction. We told her yes, and she asked where the office was. Somebody pointed her in the right direction and off she went. Everybody else shows up, and the auction is going to start, and the owner comes outside with his manager and the lady, and they pulled that unit. The lady asking the questions was the owner of the unit, and she made some kind of deal with the owner and saved it at the last minute! I wish they wouldn't do that!
Anyway, that freed us up to go to the unit that everybody was there for. This was a 12x30 warehouse style unit. They actually let everybody walk into the unit provided nobody touched anything. It was good......Honda Trail 70 (which they were going to get you the paperwork on), and kids toy quad (just electric), tool boxes, Generac 4000 watt generator, big bunch of fishing poles, 32' extension ladder, gun safe, ammo cans and ammo box, washer and dryer, box that said "routers", a remote controlled helicopter, lot's of remote controlled airplane parts and bodies, gun stock etc. It looked really good (almost too good if you know what I mean!)
Well, the auction started at 200 bucks. It went to 275 and I yelled out "500", and then it climbed steadily. My last bid was 2100, and it kept going. Finally, when the smoke cleared, the damn thing sold for $3100! But, add on the auctioneer's 10% buyers premium, and almost 10% sales tax on that total, and it went for almost $4K! I hope there was something good hidden in the boxes, because what was in there did not justify that amount!
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Went to an abandoned home auction today and the crowd was such that I thought it should have its own thread, so I put the story here:
http://storageauctionforums.com/index.php?topic=1032.msg3953#msg3953
Going to a regular auction on Wedneday the 20th and will report on the crowd and prices here.
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One auction today with 7 lkrs. Crowd about 60. Prices...as usual...high for the return value. My area remains in the clutches of inflation.
First pic below is of about half the crowd. I thought both lkrs open in pic would go for $600 each. One on right went
for $375 and one on left went for $625.
(http://webs.lanset.com/rjsmovie/images/auc7.jpg)
Next picture shows two lookeyloos about 200 feet away from the auction.
(http://webs.lanset.com/rjsmovie/images/auc8.jpg)
I did bid on a really clean 5 wide by 15 deep. All nice boxes and one visible back of sofa table. I thought $500 would be a reasonable price to pay and maybe still make money.
I started it at $300 and not a blink. Went up by $25s. I went $500 and slight reaction from crowd, but kept on going. I stopped at my $500. A newbie was in it with a regular up to $700 and the regular got it for $750. It's going to be close for profit...if any....in my opinion.
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One of the lookey loos doesn't seem to be too interested. LOL
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One of the lookey loos doesn't seem to be too interested. LOL
Yes, but the one on the right has his head craned !
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I've been to two auctions in a row with a crowd of 25 or smaller. Both of these auctions were advertised on auctionzip, and the last time I attended auctions at these locations there was easily 50+ people in attendance. Two is not enough to start talking about trends, so I'll just enjoy the moment.
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The crowd here in Memphis is getting smaller and smaller for each week. Todays 4 auctions had maybe at the most 18 people, and alot of them was pairs. So if we say 9 bidding pairs then we are close. First auction of the day only had like 8 or 9 people. The last 3/4 weeks in memphis has been really good. we are talkig about 25 or less as a stable number of people.
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The crowd here in Memphis is getting smaller and smaller for each week. Todays 4 auctions had maybe at the most 18 people, and alot of them was pairs. So if we say 9 bidding pairs then we are close. First auction of the day only had like 8 or 9 people. The last 3/4 weeks in memphis has been really good. we are talkig about 25 or less as a stable number of people.
That's good; hope it stays that way ..... a lot better than 60 to 100 !
What were the prices like ?
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That's good; hope it stays that way ..... a lot better than 60 to 100 !
What were the prices like ?
Prices has dropped big time. Yesterday we had one of the big auctions.
I will say that the prices has dropped about 20% to 25% since december & january when we had the crazy hype around here.
Now it is possible to get decent lockers for under 100 bucks, and good ones can be yours for under 200.
Of course some lockers still drag up to about 500/600 bucks, but that is lockers that are worth it.
Last two weeks i have picked up lockers between free and 425 dollars. And they have made me 3 times the money or more.
So this is good. The biggest difference is that the dumb newbies are gone (still some newbies, but they seem to understand the game), and the regulars are bidding more conservative.
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Went to an auction today that had 4 lkrs and about 20 bidders. Four of the bidders including me were regulars, 2 were newbie regulars who have been coming for 2 months.
The first 3 lkrs were nothing special; I didn't bid and I don't even remember what they went for except for one empty lkr with an entertainment center (particle board) that went for $1.
The 4th lkr was a 5 wide by 10 deep and was packed with big stuff. Couldn't see behind it or over it, so don't know if smalls were there or not. I thought I would go $500 at max feeling I could break even if nothing else.
Started at $25 or so and quickly went to $300 with newbies bidding. Before I could offer $500 one of the 2-month old newbies offered $500. Didn't take him long to learn that trick; he might have seen me do it 4 times in the last 8 weeks; it didn't work then either.
Not a blink, the bids kept going but now a regular was involved and it went up to $750 pretty fast between the 2-month old newbie and the regular. Newb dropped out and....A NEW PERSON no one had seen before came in at $800. She looked like she might have been related to the lkr somehow; well dressed, not a loser.
Anyway, she went with the regular up to $925 (regular bid) and did'nt come back at $950, so regular got it.
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The rest of this story is that the regular's husband had told me before the auction that he had been having serious talks
with his wife about getting out of the biz because of the prices, etc. This might cinch that leaving if the lkr doesn't pan out. I'll see them next Saturday at the flea, so maybe I'll have a later report.
Still crazy in my neck of the woods both from newbs and regulars !
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Went to 2 auctions today; 4 lkrs at one, 7 lkrs at 2nd auction.
First auction had about 25 people...not bad.
Second auction had about 60 people...same auctioneer but later in day.
Pic below is crowd at 2nd auction.
First auction a 10x10 went for $525...pretty full, washer/dryer, Fridge taped shut with duct tape (mold city).
Another lkr at first auction 5 x 10 about 2 feet deep in stuff went for $625....oh my !
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Second auction, a 5 x 10 about 1/2 full about 3 feet high...$400; mostly pvc fittings some well-used tools.
A 5 x 10 pretty full all the way round went for $675.
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I was not the winner of any of these, but I won not doing the work !
(http://webs.lanset.com/rjsmovie/images/crowd1.jpg)
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How come the crowd/people at your storage auctions looks exactly the same as the people at my storage auctions on the other side of the country? So much for diversity... ;)
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How come the crowd/people at your storage auctions looks exactly the same as the people at my storage auctions on the other side of the country? So much for diversity... ;)
I wondered who would notice.
The fact is, it IS the very same crowd. They are first cousins to the crowds that appear at a car wreck, a school shooting or a fire.
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Here's another thread on the topic of crowds and prices.
http://storageauctionforums.com/index.php?topic=1019.msg4407#msg4407