Storage Units Auctions – Buying Abandoned Assets For E-Biz Profit
Storage unit companies regularly seize abandoned goods and auction them off in an effort to reclaim some of their lost profits. Many online retailers are cashing in, using these auctions as a product source for their e-businesses. According to enthusiast Blaine Herbst, founder of http://StorageAuctionSecrets.com, You can pick up an entire storage unit filled with things for a couple hundred bucks. Finding these auctions can be as easy as looking in the yellow pages under storage units and calling to see when they conduct their sales. Or check out http://AuctionZip.com or http://StorageAuctions.org for information on local auction times.
What Questions Should I Ask?
Before you sign up for an auction, make sure youre aware of any costs, such as fees for attendance or cleaning deposits. Ask if there are buyers premiums usually about 5-10% of total price, that goes to the auctioneer so you can calculate that into your bid amount. Find out if their policy includes a Pending Owners Approval clause. This clause allows the facility owner to look at the winning bids and decide if he wants to...
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