Farmland Auction Secrets and What You Should Reap

I wanted to know what Barry Weiss meant by his comment on a recent episode, “one thing I know is that farmers keep secrets.”  Indeed, it is true that farmers, a rarer and rarer breed in urbanizing America, may hold the keys to a lot of wares that may help bolster your own inventory, through surrounding storage auctions or by going "piece picking."  But in the process of my search, I found another secret.

Researching the benefits of rural area auctions, I discovered through the web-vine a blog story that both shocked and inspired me.  A blogger for ThisEclecticLife.com recounts a story concerning farmers, Storage Wars, and more scandal.  Basically put, the writer has a ranch-owner friend in Southern California who was met at her door by representatives, allegedly from Storage Wars.  Although a direct quote is conspicuously absent, the writer, a second hand source, tells us that the “reps” were asking to poke around her ranch for goods to “seed the storage units with."  In other words, to plant miraculous goods in the TV units.

The lack of any sort of substance for the remainder of the blog post does make me doubt the claim a little bit, but I know deep down that it is probably true.  God help us all if this is another “Storage Wars is fake” article.  Luckily, there is more to be learned from this fiasco than meets the eye.

Some Words of Encouragement Before We Start Sowing

The bottom line is, as at a storage auction, rigged or real, you always need to bid on what you see.  The only thing this blog post proves is that the units these TV hunters are running across are just higher caliber (however fabricated), but so are their bids.  Barry Weise and company are probably bidding on some planted goods, but at the same time, who amongst us wants to spend upwards of $1,000 dollars average on every single unit?  It’s an economy of scale we’re talking about.

Based on storageunitauctionlist’s own extensive research of the real auction game, you can easily make the same profit margins that the SW cast claim to be enjoying, but on a smaller scale.  You spend less for a unit and make less.  Additionally, we know for a fact from real pros that you can absolutely make profits on the majority of units that you buy, too.

So, don't let SW scandals get you down, again.

The more important notion here comes back to the link that farmers have to this industry.  The contents of any given storage unit will be roughly representative of the type of area you are hunting in.  It is absolutely essential to “shop around” different regions of your state and find the facilities that carry both the goods you are personally interested in collecting/reselling, as well as the flat-out most valuable goods overall.  This where rural, farming areas come into play.

Scour Farming Areas 'til The Cows Come Home

We know that farmers, a dying profession in urbanizing America, tend to accumulate valuables more so than the average citizens.  Therefore, traveling to a storage auction nestled somewhere in sprawls of farmland could very well be worth your while.  They collect, trade, and hoard like it’s going out of style.  For example, when a farmer upgrades a riding mower, they may sell theirs to a local resident, still in working condition.  In turn, that local resident has a higher chance of storing the old one at a facility, then leaving town and forgetting about it.

Not only does this apply to farm equipment (which is always a sturdy resale item in this economy), but the valuable keepsakes of former ranch tenants as well.  Farmer’s sometimes use the extra space on their property to house tenants who come and go.  Having hasty tenants in the middle of plans is one prominent way of a landlord collecting inventory, and farmer’s have had the upper hand on this for years.  The farmer is staying and they’re going, so often they can make a quick deal on their tenant’s keepsakes, in turn be sold off to a local resident, and ultimately turn up in a storage unit.

Finally, assuming it is true, there is definitely a rhyme and a reason why Storage Wars representatives were picking around a farm/ranch to begin with: old farmers accrue antiques and collectables like nobody’s business.   Being prominent members of the community and having time, space, and leisure, farmers often hoard a rich assortment of goods collected at road shows, local shops, A.W.O.L. tenants, and local piece auctions.

"Pick" Your Battles Wisely

If your inventory is not as up to snuff as you would like it to be, why not go a little Storage-Wars covert operations yourself and pay a visit to your nearest farmer/ranch owner friends and see what you may pick up for yourself?  “Picking” is a kissing cousin to storage auctions and is done rampantly all over the country (and no, we're not talking about fruit, here).  Picking is much more of a matter of appraising individual pieces, discerning replicas from originals, judging overall condition, and bargaining craftily (nothing an IPhone wouldn’t help the brand-new Picker with tremendously).

It would be recommended to combine a picking enterprise with a “day at the units” in such a rural community to save on travel expenses.  Pay a visit to farm owners, be polite, and be ready to bargain your pants off.  If you have to take stock of what your local farmer has stored first, then come back again when you are sure of the profit to be made on what you are looking at, do that.  Trade information with them and come back when you are ready to pay. 

 

Make a day of both storage hunting and picking in the place where the cattle roam and you may just be let in on some secrets that are just too lucrative to pass up.

 

Image Sources:

1. http://antiquesandthearts.com/Archives/2008/10-October/images//2008-10-28__11-57-28Image2.GIF

2. http://www.darklimits.com/wp-content/gallery/photoshop-art/the_barn.jpg

3. http://www.oz-farm.com/Alana_picking_Jonagolds_oz-farm_2008.JPG

Web Sources:

1. http://www.aetv.com/storage-wars/video/the-iceman-carveth-22812893#22812893

2. http://thiseclecticlife.com/2012/06/08/storage-wars-is-fake/

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