Tag Archives: competition

Who goes to storage auctions?

When I first heard about storage auctions was in the early 90’s. It wasn’t until the late 90’s when I decided to buy storage units and selling the items I won for profit. During my storage auction buying experience I would come a cross this subculture group of people who are small store owners, enthusiastic local garage yard sellers, flea market sellers, eBay sellers or just a casual buyer for personal gain. I have learned over the years that the competitors comes from all walks of life and sometimes will work in teams. For the most part,  they are usually experience storage hunters looking for the best storages to sell for a high profit. Now that storage auctions has risen in an all time high of popularity due to being televised. It will be interesting to see the explosion of competition one will experience in buying storage units for a profit.

Everyone is in it for the money. For the first time buyer or the causal buyer be sure to study your crowd, get familiar with who’s around you to give you the optimal bidding experience.