3 Tips For Riding the Storage Auction Hunting Ferris Wheel to the Top

ferris wheelThis time of year is synonymous with a few things; the leaves changing and falling, the smell of fall is in the air and the days get shorter, Halloween is just around the corner, Starbucks offers their limited edition Pumpkin Spice Latte, and Fall Carnivals start popping up around the country.  Carnivals have always held a certain thrill. The cotton candy and all the friend food, the neon lights, the music, the rides, and all those games and stuffed animals are all part of what makes the carnival so much fun. So what if you lose a few games? Eventually you'll win that gigantic stuffed animal you've got your eye on.

When you really stop to think about it, attending storage auctions are not unlike going to your local fairs. Everybody wants to win the big prize and get to the top of the ferris wheel. Similarly, storage auction hunters seek to win their big prize and make a name for themselves as a top seller and buyer. As a new buyer, how do you pick a strategy to win?

3 Tips for Making it to the Top

carnival game

1. Strategize

Have you even stood and watched someone play a game at the fair? Often they stand, intensely scrutinizing the game, trying to determine the best way to proceed and to win. They watch how other people play the game before them and they examine all the game elements to see the best way to beat the obstacles of winning.  Attending storage unit auctions is no different. Each person has a chance to stand and scrutinize the storage unit before the auction. Start out by watching other auction hunters and determining what your best strategy is for winning. You may have to participate in several units before you win big. Before you start bidding, you should decide how much money you're willing to spend on the unit, how much money you think you can make from the contents inside the storage unit, and how much and what your bidding strategy will be.

2.Play to your Strengths

Play to your strengths. Maybe you're not great at the horse racing game at the fair, but maybe you've always been great at playing Wack-a-Mole. In terms of storage auctions, you want to take a look at each unit,and determine if you can sell what's inside. Play to what you already know and have a passion for to help get you started. If you have no clue how to sell clothing, but you know exactly where to sell furniture, then focus on winning units with tons of furniture. Winning a unit is only the first part of the storage auction hunter process and should be kept in mind when you begin bidding.

3.Play Often

Sometimes, winning at the fair can come down to sheer luck. The more you play, the greater the chance you have to win that giant plastic hammer of your dreams. Attending storage auctions is the same way. You may not win the first few times that you bid on a storage unit, but eventually the law of odds and probability will be in your favor. Attend as many storage auctions as is possible to have the best chance of finding long term success. Soon you'll be riding high, swinging above the competition in the proverbial Storage Auction Ferris Wheel! Storage Unit Auction List can help you by providing you with the largest listing of storage auctions online. We offer our subscribers thousands of auctions each month and offer affordable and flexible plans that allow you to choose how much auction data you want to receive!

StorageUnitActionList.com, a member of the Self Storage Association, provides our customers with a comprehensive auction list in multiple auction formats for all 50 states and over 51,000 facilities. Subscribers can review over 10,000 auctions each month through their personal dashboard making storage auctions easy to find whether you're treasure hunting for fun or running a profitable business.

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