If you’re new to the storage auction business, it’s a very good idea to stay local when searching for auctions. But how exactly do you find the best local storage auctions? With a little help from StorageUnitAuctionList.com, as well as some pro tips that will put you ahead of the game, you’ll be bidding at local auctions in no time!
Storage Unit Auction List is Your Friend!
First and foremost, the easiest way to start tracking down local auctions is by subscribing to our service. We list thousands of auctions nationwide every month, so finding a storage auction near you has never been easier. Sure, you can look in local papers and do a quick Google search, but you won’t find information as quick and as concise as what you’ll find on StorageUnitAuctionList.com.
Storage Unit Auction List’s helpful features make local auction tracking even easier with tools such as an interactive map, which gives you a visualization of what’s closest to you, and a helpful search bar, which can be placed as broadly as 500 miles, or as precisely as 10 miles. You can even search for storage facilities in your own town, just with the click of a mouse! Can a newspaper do that for you? Don’t think so!
You’ve Got the Right Tools…Now What?
Once you’ve subscribed to our site and found some potential facilities you want to check out, it might seem daunting trying to whittle down the list to just one. How do you choose? Well, there are a couple of different factors you should consider.
How many units are being auctioned that day? Try to find a facility that’s auctioning more than 3 units at that given time. Especially if you’re a beginner, it’s going to take you a while to warm up, and you probably don’t want to go just to spectate (although it’s not a bad thing while you’re still getting your feet wet!). If you chose an auction that has 5 or more units, it gives you more variety and more of a chance in finding a unit that you really want to bid on. The last thing you want to do is bid on a unit just for the sake of bidding. That’s a rookie mistake!
Go Where the Money is
We know we want to keep it local, but use discretion when picking the exact location. Generally speaking, urban areas are more profitable than rural areas, because apartments and houses are usually much smaller, allowing for less stuff in the home and more in the storage unit. With that being said, it’s also important to check the financial standing of the city or town you’re looking into. Even if it’s an urban area, if it’s one of the poorest parts of town, you might want to reconsider. Look for counties in your area that have the highest income.
A great source to use if you’re unsure of the statistics of an area is hotpads.com, one we’ve suggested in the past. Yes, I know you’re not looking to rent an apartment; you’re here to win lockers. But the cool thing about HotPads is their “heat maps” feature. Say you’re looking for storage auctions in New York. With heat maps you can see all of New York’s household income, per capita income, and even the population density—all things, as you know, that are very useful for you to know before you go. You might be amazed at what people are willing to stow away in storage units in some of these areas!
Keeping it Cool
You’ve pinpointed an exact location and it’s only 15 minutes away from you, in the wealthy part of town—you’re all set, right? Not so fast! There’s one more tiny detail, but it’s an important one you shouldn’t overlook. Are the units in the facility indoor or outdoor? Is it climate controlled (meaning the units are kept at a stable room temperature)? If they’re outdoors and not climate controlled, people may be more wary of storing anything too valuable for fear of it getting destroyed. Conversely, indoor climate controlled units could hold more promising prospects, such as electronics, instruments, and maybe even antiques.
That’s not to say you should rule out the outdoor storage auctions completely, we just don’t suggest bidding as high. And don’t be surprised if you find water damage or fried electronics, as these are very real risks you find in outdoor units. But if you find a unit at an auction nearby and the price is right, go for it! You never know what you might find.
Ready, Set…Go Local!
Now that you’ve got Storage Unit Auction List to back you up, as well as some pro tips to get you through the auction, it looks like you’re finally ready to rock the local storage auction scene. Congratulations! We’re wishing you the best of luck and are here to help you every step of the way.