Storage Auction Selling

Your “Junk” Is Someone Else’s Treasure! How To Sell The Contents Of Your Storage Unit

          You have been planning for years to get rid of the stuff in your storage unit and finally the time is right. A sudden spurt of energy, a change in your life or even a strong curiosity about what is hidden in the back of that unit can all be opportunities to start fresh. So, you pop open the lock, throw open the door and suddenly, you are met with that “old attic” smell. But, …

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Tips on Pricing Used Products for Resell

Winning a storage auction is only one step in running a successful business. Assuming your goal is to turn a profit, you’ll need to resell those used items. Unfortunately, many newcomers to the business of buying-selling property through storage auctions fall short during this step, placing them at a serious disadvantage when compared to seasoned storage auction hunters. So if you’re struggling to set the right prices on items, keep reading reading for some helpful tips and tricks. Don’t Price …

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5 Tips for Selling Products Online

Acquiring valuable items through storage auctions is only one step in the process of running a successful business. Assuming you are trying to turn a profit, you’ll need to resell these items. While you can always sell your items at pawn shops and independent stores, a smarter solution is to sell them online. Doing so will allow you to reach a larger audience, which in turn translates into faster and more lucrative transactions. Take Good Product Pictures Don’t underestimate the …

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Why You’re Failing to Turn a Profit at Storage Auctions

So, you’ve finally made the decision to participate in storage auctions but are unable to turn a profit? Like all business ventures, there’s no guarantee of success in the buy-sell storage auction biz. Sometimes you’ll turn a profit, and other times you won’t. With that said, many beginners are guilty of making one or more of the following mistakes. Bidding Wars I’ve said it before and I’ll say it again: do not get into bidding wars with other bidders at …

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I’ve Won a Storage Auction. What Next?

Congratulations on winning your first storage auction! It’s a fun and rewarding experience that lays the groundwork for a successful venture. Tens of thousands of people from across the country earn money from buying and reselling the contents of storage auctions, so why not take your piece of the pie. Assuming this is your first auction, however, you may feel lost or confused regarding what comes next. Pay the Front Office Once the auctioneer has declared you as the winning …

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Reasons to Bring a Camera to a Storage Auction

If you keep up with our blog here at StorageUnitAuctionList, you probably have a good idea of what to bring when attending a storage auction. This includes cash (most self-storage facilities only accept cash for auction payments), as well as gloves, boots, a broom and dustpan, a flashlight, and a lock. However, a tool that’s often overlooked by first-time auction hunters is a camera. So, why do you need a camera when attending a storage auction? For starters, having a …

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Ways To Sell Your Storage Auction Goods

So, you’ve won your first storage unit at auction, and now you’re faced with the task of trying to sell the contents. The success of a buy-and-sell storage auction business relies heavily on whether or not your can turn the goods. If you are unable to resell the items in a timely manner, you won’t be able to have a successful, lasting business — it’s just that simple. But if you’re able to find a willing buyer, you can sell …

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The Do’s and Don’ts of Selling Stuff on Craigslist

Craigslist has become one of the best places to find buyers for your used (or new) products and goods. Whether you acquired them from a storage auction, yard sale, estate sale or elsewhere, chances are you can find a buyer by creating a Craigslist listing. However, you’ll want to following some basic rules to increase your profits while ensuring a safe and smooth transaction. Do Include Pictures Unlike the auction website eBay, it’s completely free to include images in your …

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How To Take Your Buy-Sell Storage Biz To The Next Level

Still struggling to turn a profit with your buy-and-sell storage auction business? Like all businesses, there’s no guarantee of success. It takes time, patience, dedication and a clear strategy to reap the financial rewards this industry has to offer. With that said, we have some simple tips that are sure to help you turn a profit with your business. Don’t Get Into Bidding Wars One of the biggest (and most costly) mistakes newcomers make is getting into bidding wars with …

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Defining a ‘Niche’ For Your Storage Auction Biz

Still struggling to turn a profit from buying and selling the contents of abandoned storage units? TV shows like Auction Hunters can make this industry seem like a profit-making machine. But like any job, it requires hard work, experience and dedication to succeed. However, one helpful tip to increase your chances of success is to define a niche. If you’re scratching your head trying to understand what exactly this means, keep reading to learn more about the different niches in …

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Should I Open a Retail Store For My Business?

If you’re in the business of buying and selling the contents of abandoned storage auctions, you might be wondering whether or not it’s beneficial to open your own brick-and-mortar retail store. Having a store will provide you with a convenient location from which to sell your recently acquired products. At the same time, however, it’s also an extra expense, and some people may not have the extra cash to afford it. To better answer this question, we’re going to take …

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5 Tips For Operating a Successful Jewelry Store

Running your own jewelry store is a fun and rewarding experience that give you the opportunity to help customers find the perfect piece of jewelry. Whether it’s an engagement ring, wedding band, pair of diamond earrings or just a basic chain-link necklace, people are always eager to purchase flashy new pieces of jewelry. But with so many other stores already in business, how do you make yours stand out from the rest? If you are interested in the self-rewarding world …

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Obvious and Not-So-Obvious Benefits of Storage Auctions

With popular cable TV shows like Storage Wars and Auction Hunters bringing storage auctions into the limelight, more and more people are jumping into this business in hopes of striking it big. There’s a certain allure to bidding on units without knowing what exactly it contains, which is another reason why this industry continues to grow larger with each passing year. This week, we’re going to reveal some of the obvious and not-so-obvious benefits of storage auctions. Potential To Strike …

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Retail Hiring Mistakes To Avoid

A team of dedicated and skilled employees is necessary to run any retail store or business. Whether you plan to purchase a preexisting store or launch one from the ground up, you need to carefully choose the right workers in order for it to succeed. The additional time and energy it takes to analyze each and every candidate will pay off with a more efficiently run business. Keep reading for a breakdown of the most common retail hiring mistakes. Lack …

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Tips For Opening and Running a Pawn Shop

Are you thinking about opening up a pawn shop business? If you are a “hands-on” individual who enjoys talking to customers, chances are you’ll love this line of work. It gives you the opportunity to network with your customers while looking at some unique items. When it’s done right, running a pawn shop can be a financially rewarding venture. On the other hand, however, it can also create an endless drain where your money contains to spiral downwards. Getting a …

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What Should I Bring To a Storage Unit Auction?

Pen/Pencil and Notepad From the moment the auctioneer breaks the lock and opens the unit, you should immediately begin writing down items of potential value. If you notice an item that you believe is of value, make a note of it on your notepad. You can even write an estimated dollar value next to the name. Doing so will give you a better idea of whether or not a unit is worth bidding on. You don’t need to any fancy …

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Repurpose Old Doors

  After spending months regaling my friend Pete with stories about Storage Unit Auctions and writing a Blog for Storage Unit Auction List, He FINALLY attended an auction!! And he bid!!! And he won!!! Pete bid on 3 different units and got so caught up with the excitement that he spent top dollar to win!! He got each of the units for $10, $12 and $50!!! Pete was thrilled! For $72, Pete purchased 400 square feet of well…Stuff!!!   “I …

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Pricing For Resale

Pricing Your Stuff:  from garage sales to brick-and-mortar stores to online sales. When setting a price for an item, you must consider exactly where that item is going to be sold.  Will it be sold at a Garage Sale?  Will it be sold On Line?  Will it be sold at a shop? So many things to consider when setting a price! I chose 10 items from around my home and I went to my handy websites to estimate how much I could ask …

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Selling Items in the Classifieds

Oh My!!!!!!!!!!!!!!!!!   I MUST tell you how EASY it is to post your items in the Classified Section of storagunitauctionlist.com !!!!!!!!!!!!!!!!!!!!!!!!!!!   For years, I have posted things for sale on Ebay, Craigslist, Facebook swipswap, Etsy etc., etc.  I usually greeted the task with procrastination and fear.  I am not a computer Whiz Kid, so lots of instructions on how to upload an item always baffled then frustrated me!!!  I really, really wanted to use these new classifieds!  So, finally, I threw myself into the …

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Selling

Way back when selling things on the Internet was pretty new to most of us (about 10 12 years ago), my son talked me into trying to get rich by selling my stuff!!! He had entered the world of Ebay and was having great success selling his computer games and controllers and parts and other odds and ends that teenagers found interesting. He had set up a Paypal account and was moving along with a fair amount of money earned!! …

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don’t THROW it BACK THURSDAY

Here’s another thought on how to get the most bang for your hard-earned buck from your storage unit. You did your research, you snagged the bin you wanted at the auction. Trust your budget, your instinct, and your bidding savvy. Now it’s time to squeeze absolutely every possible dollar out of that investment. Sure, with all the time in the world, you can off-load even more items at your resell business; but, who has all the time in the world?! …

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How to Sell Local and Turn a Profit

As a storage auction hunter, you have several options for selling the items that you’ve won in storage auctions. Some people prefer to post their items only to Ebay. This is a great tactic for those special items that will grab the online bidders attention and start a money spending frenzy. Items such as small collectibles, limited edition items, and rare and unique finds all fit into this category. However, what do you do if the items sitting in your …

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Trash or Treasure?

As a storage auction hunter, you will regularly come across items in storage units that you’re not familiar with. When you are busy trying to quickly sort everything at a self storage facility, it may be easy to overlook valuable items and to mistake these for trash. Some items are obviously trash. These items should be disposed of. Don’t waste your time sifting through bags of garbage. It’s a dirty job and won’t you much of a return on investment. …

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5 Tips For Using Pinterest to Boost Your Resale Business

Pinterest is a magical place of inspiration. You can build your dream home, window shop the world over, plan out your next DIY Project, or Plan the Perfect Wedding. It is very easy to get sucked up into all the images and you can spend hours pinning the day away without even realizing it. Seriously, once, I started searching for storage auctions, and somehow ended up spending hours looking at unique homes, you know, ones that are built to look …

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Three S’s of Storage Auction Merchandise Organization

Let’s begin at the beginning. As a storage auction hunter, you regularly attend storage unit auctions and consistently win. This is the good news. However, you end up with items in almost every category, shape, size, and purpose under the sun. So now what do you do with all this stuff? There are three S’s to consider as you begin the process of deciding what to do that will help keep you organized. After all, you want to end up …

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Cash In On Your Creativity

As a small business owner and storage auction hunter, you wear many hats. You work in inventory sourcing each time you attend a storage unit auction. You work in sales each time you take that merchandise and resell it. You work in accounting and record management with every receipt that you receive and file. You work in the manual labor field each time you load and unload the contents inside a storage unit. You work as a professional organizer each …

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North Carolina Is Safe and Sane Firework State!

The older you get, the more certain holidays tend to lose the magic that they once held when you were a child. They are still wonderful and special, but they just lack that certain enchantment they did when you were a kid. SPOILER ALERT: There is no Santa Clause! As an adult, I’m  pretty relieved that there is no stranger breaking and entering into my home once a year via the chimney, but there were some growing pains when I first found …

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Ebay Store Tools That Will Help Improve Your Resale Business!

If you’re new to the world of storage unit auctions, you might be overwhelmed with your reselling options and the best way to get your items resold and to begin making money, which is the point, right? One of the easiest, and most cost effective ways to begin your business, is by creating an eBay account. It’s a tested, tried and true method for recouping the amount of money that you’ve spent on the unit, and a means of making additional money …

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Restoring Barbie To Her Former Glory Part 2 (A How To Guide To Barbie Doll Restoration)

We discussed how to properly comb and shampoo Barbie’s hair to restore her locks to their previous glory. In this section, we’ll discuss how to properly remove Barbie’s limbs to replace pieces if necessary, how to wash Barbie’s clothes, and how to properly wash her up without causing any damage. Don’t Lose Your Head! (But Barbie May Have To…) If Barbie is missing limbs, it may be necessary to use some of your other dolls to find suitable limb replacements. …

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Restoring Barbie To Her Former Glory Part 1 (A How To Guide To Barbie Doll Restoration)

What little girl doesn’t simultaneously love and cherish her Barbie dolls while at the same time abusing them? Barbie is one of the most beloved childhood icons of all time, but boy does she get put through the wringer. Whether it’s intentionally, i.e. when your big brother chops off all of Barbie’s hair just to watch your cry; or unintentionally, through sheer wear and tear, i.e. you play with your dolls so much that they get dirty, their hair becomes …

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Sell Designer Clothing Won at Auction: 5 Sites You May Not Have Heard Of!

Storage units and clothing go together like peanut butter and jelly, like bacon and eggs, like two peas in a pod. You get the point. And clearly, the knowledge that somebody’s hungry. Have you ever won a unit that didn’t contain at least one box of clothes? Probably not. Clothing is commonly stored in storage lockers. Whether the original owner was seasonally storing clothing, or if they just ran out of room in their dresser for their entire collection, lockers are regularly …

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5 Strategies For Disposing Electronics Won At Auction

Finding outdated household, business and consumer electronics is an everyday occurrence  in the day in the life of a storage unit buyer. This is especially true in today’s market, where new devices are constantly being produced.  Here are 5 strategies for unloading these items. Sell Depending on the age of the items you find, you may be able to successfully sell them. While they may seem dated to you, somebody may be hunting to purchase one. Let’s use the iPhone …

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Customer Profile-Bill Ott, Distressed Restorations

At Storage Unit Auction List we are very lucky to have a loyal fan base of subscribers who are independent business owners and entrepreneurs with great stories to share and who have tons of information on the auction and resale business.  Recently, I got the chance to interview one such subscriber, Bill Ott of Distressed Restorations in Elicott City, Maryland. We are thankful anytime one of our subscribers so willingly allows us to pick their brains for insight into the …

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The Complete Guide to Refurbishing Found Furntire: Part 4

We’ve come to the end of the line. You now know where to go to get inspiration for your projects, the basic  tools you’ll need to get started, and some of the most popular methods for creating something fresh and turning old junk into distinctive treasure. Here are our last four tips for turning your uninspired auction buys into one of a kind products that will help you to maximize your profit! Distressing Distressing furniture is my favorite restoration method. It …

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The Complete Guide To Refurbishing Found Furniture: Part 3

Put A Bird On It! When I think of DIY and refurbishing, I am always reminded of the popular Portlandia sketch, Put A Bird On It! I’ve watched it dozens of times and somehow it still always makes me laugh. Refurbishing can be as simple as Putting. A. Bird. On.  It. But it can also include a thorough process of staining, painting, and more. Either way, you’ll reap the benefits of your elbow grease investment when you are able to …

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The Complete Guide To Refurbishing Found Furniture: Part 2

Safety First Kids First thing’s first. Refurbishing dilapidated furniture to sell it for a profit can actually be enjoyable! But you know what’s not fun? Splinters, vapor fumes, chemical burns, and cuts/scrapes. Ain’t Nobody Got Time For That. While the process can be fun, safety is no laughing matter, so keep these tips in mind before you get started. Safety goggles are your friend. Wear them when you’re working with power tools and to help protect your eyes from fumes. …

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The Complete Guide To Refurbishing Found Furniture: Part 1

One Man’s Trash… It is no secret that storage lockers are often full of old furniture. Occasionally the furniture is rare or an antique (or both) and can be sold on its own to make a healthy profit.   More often than not, the furniture that you find in your units will be inexpensive, run of the mill pieces. These pieces may serve as your bread and butter, but they lack the “wow” factor. You may even find yourself regularly …

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Death and Taxes

In 1789, Benjamin Franklin wrote, “In this world nothing can be said to be certain, except death and taxes.” (Of course this quote originates from a politician!) In 2013 this still remains true. Taxes are a necessary evil if your storage auction hobby has turned into a full time business. Seller’s Permits and Resale Certificates are integral to your business for tax purposes. Here’s where it gets a little tricky. Some states use one term over the other, and some states …

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How to Sell Your Haunted Items on eBay

Did you read our article last week about finding haunted items in your storage unit? Well, if you’re starting to think that one of your storage auction scores truly is possessed, there’s only one thing you can do with it: Sell it on eBay! Here’s a comprehensive guide to finding and selling the best haunted items on eBay. (note: the following suggestions are to be taken as seriously as you would take a haunted rubber ducky.) Finding the Haunted Item …

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10 Creative Ways to Upcycle Storage Auction Junk: Part 1

Buying from storage auctions is a great way to recycle used goods in your community around you. Keeping usable goods out of landfills greatly helps reduce our impact on the environment and the wonderful world we live in. For the environmentally conscious folks among us, you might be wondering what the heck you can do with that stuff you end up with that you just can’t sell. Well…why not upcycle it?! Upcycling is all about thinking outside of the box…and …

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The Common Junk and How to Get Rid of it

While we must always remain hopeful that we’ll someday find that proverbial pot of gold at a storage unit auction, we must also come to terms with the fact that there will be a lot of common, everyday junk in the storage units that we buy. This junk, however, will most likely be the bulk of what you sell, so it’s best to get used to it and learn how to profit off of it. Here are few of the …

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Don’t Base Your Bid On…

When it comes down to it, making money off of storage auctions is a huge gamble. You never really know what you’ll find in a storage unit until you’ve won it and you’re picking through it. So does that mean you have to blindly throw your money down on a unit and hope for the best? Of course not! Here at Storage Unit Auction List, we’re all about giving you the best advice on being an educated buyer, so when you take …

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An Interview with John: an Educated Buyer

Here at Storage Unit Auction List, we love talking to our subscribers. Any time we can chat with you and hear about your experiences in the industry, using our services, or anything else storage auction related…we pretty much jump on the opportunity. Trust me, we’re all ears. So when one of my coworkers here in the office passed on John’s contact information to me, I was very excited to have the chance to talk to him. In the 3 years …

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The Gentleman & Gentlewoman’s Guide to Proper Craigslist Etiquette: for the Seller

  For some storage auction hunters, Craigslist is an essential facet to their selling strategy. With good reason; Craigslist is completely free and it’s by far one of the easiest ways to reach out and connect with potential buyers and sellers in your area. However, since it’s so easily accessible, and you don’t need to worry about a seller’s rating or positive feedback…people seem to immediately forget about etiquette. Yes, there is a certain etiquette involved in all aspects of …

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Storage Auctions and the Art of Bartering

Good old fashioned bartering: the art of trading your goods for another person’s goods is a time honored tradition that’s older than America itself. As a storage hunter, this skill can be very useful to you. So how exactly do you make it work for your storage hunting life style? Keep Your Friends Close Before you even leave the storage auction, you can do some serious bartering right at the facility. This is where having connections and knowledge of your …

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If at First You Don’t Succeed at a Swap Meet…

Something similar has probably happened to everyone. You just scored a great unit at one of your local storage auctions. Maybe you found five boxes filled to the brim with CDs, or a ton of tools, or maybe some collectible Hot Wheels cars. You’re probably thinking that these things are going to sell like crazy at your next swap meet, right? Well, what happens if you don’t sell a single one of these items? Does this mean they’re worthless and …

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Customer Profile: LadyLocks58

Today I had a nice chat with one of our subscribers, a woman named Fran Kass—also known as Ladylocks58. I discovered Fran after she left us a great comment on Storage Unit Auction List’s Facebook. With a name as cool as LadyLocks58, I knew I had to find out more about her. I’m glad I did! Fran is part blogger, part storage hunter, and all kinds of awesome. She’s bold, quick witted, and has a great sense of humor—three things …

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Storage Unit Auction List’s New and Improved Account Area!

If you’re not a subscriber to our website yet, boy oh boy, now is the best time ever to sign up. First we introduced our $1.99 week long trial subscription….and now, we’re happy to share with you the amazing, new, easy to use account area for subscribers! What’s not to love?! Not only does the new account area look a lot nicer, there’s some cool new features as well as great improvements on features you’ve grown to know and love. Let me give you …

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Why Now is a Better Time Than Ever to Become a Storage Hunter

There are plenty of good reasons to get started in the storage auction business. The allure of finding priceless treasures, the prospect of making a living off of something you love doing, being able to learn new things and become an expert—sure, those are all awesome and valid reasons. But what would you say if I told you I have actual statistical data that proves this industry is booming, right this very instant? The Cold Hard Facts According to the …

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Interview with an Auctioneer: Daryl Bagwell

I had the opportunity to chat with a real live, 100% genuine auctioneer who lives and plays at The Bagwell & Associates Auction Company in Fletcher, North Carolina–just 20 minutes shy of the Storage Unit Auction List headquarters in Asheville. Meet Daryl Bagwell—everything you’d expect from an auctioneer—friendly, talkative, and a great sense of humor. Mr. Bagwell was kind enough to give me a behind the scenes look of what it’s really like to be an auctioneer. The Beginning of …

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The Storage Buyer’s Guide to Using Etsy.com: Part 2

And now for Part 2, the thrilling conclusion of your guide to selling on Etsy! As I promised last time, I’m going to go over what items are your best bet to sell to hopeful vintage hunters. Let’s jump right into it! Strategize: Know Your Audience! Now, before you decide to use Etsy to sell your super rare mint condition 1859 Indian head coin for $7,000…..you might want to rethink that. Etsy is targeting a very specific demographic. Most people …

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The Storage Buyer’s Guide to Using Etsy.com: Part 1

No, I’m not suggesting you should give up the storage auction biz and become a full time arts-n-crafter on Etsy. Believe it or not, everyone’s favorite craft website can be used to the storage buyer’s advantage, too! Put away the glitter glue and knitting needles for now though–you might already have a unit filled with things you can sell on Etsy. An Introduction: Etsy? Huh, What’s That? Etsy.com has boomed in popularity since it first launched in 2005 as a …

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Guide to Tripling Your Storage Auction Investment: Part Three

We’ve reached it.  The final installment in the storage auction resale trilogy.  We’re going to talk about the final blows you are going to make to the inventory you won a three weeks ago inside two types of units: a cheaper, promising unit, and a monstrously packed, sure-shot unit.  By the end of this process, you will only have a few pieces remaining, selling themselves on Craig’s List and eBay. As you go forward, realize that this is a blueprint …

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Guide to Tripling your Storage Unit Investment: Part Two

Welcome back.  If you read the last blog post, “Guide to Tripling your Storage Unit Investment,” we began crafting a strategy guide for you to make the most of your time after winning at the storage auctions and tripling your investment.  Here’s Part 2 of our trilogy detailing what steps you should be taking, in what order, and with what little touches of care to guarantee that you’re chipping away at your storage inventory in big chunks. The Next Work …

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Guide to Tripling Your Storage Unit Investment: Part One

In the storage auction buying business, it is difficult to calculate a monthly income to exactitude.  This is the primary reason why people shy away from doing it full time until they can compose a multifaceted resale plan, usually based on a few months of trial and error.  As you first embark in your treasure trove hunting, or are getting in over your head a little bit already, you should really focus on making “tripling your locker investment” a good …

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Second Hand Social Acceptance, Storage Hunting Renaissance

  Depending on what demographic or neighborhood a person grew up in, there may exist a peculiar taboo in their bloodstream against accepting or buying things second hand.  When I think back to how I was unwittingly caught up in a dire need to have mail order catalogue clothes as a preteen, I just feel bad for my parents, who were buying the same  for the three other trend setters I lived with. Luckily for storage auction sellers and the …

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4 Venues for Maximum Value

Let’s face it. The units you win at storage auctions are not going to resemble ancient tombs excavated by Dr. Jones, with rows and hallways riddled with ancient artifacts, piles of cast-off gold coins to stroll across while looking for the real treasure. Depending on what you happen to discover in your legal lootings, you need to develop a consistent strategy in how you market most,  if not all, of the things you find. Let’s look at a typical formula for unloading …

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