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The Myth About Auctions

  • There is a common misconception that self storage locations love to have auctions and sell the belongings of others. That can not be further from the truth. When self storage customers sign their lease, the manager on site feels that the customer will honor that lease. The manager is looking to have a good relationship and a tenant that will store for a fair number of years. When this does not happen, it does not make the manager excited because they can auction off the belongings of the tenant. That is another thing that is on the manager’s plate to do.

     
    On television Hollywood has hyped up this myth about auctions to the point that many people have decided to make bidding on storage units a career. Yes there are some facilities that have units on their property that could have some hidden gems. That is far and few between. People usually put things into storage that they do not want at their home. They do not put their crown jewels or high dollar items in there with the intention of leaving them behind. If there is something of huge value in the self storage unit, then it might be a miscommunication between the storage facility and the customer. No one in their right mind would leave behind treasures for someone to bid on and get no profit out of it, when they could sell their items on their own.

     
    Now on the other hand, people do just move things into self storage in order to leave it behind. A lot of people believe that it is cheaper to do that than it is to take it to the dump. That is some crazy thinking but unfortunately it is true in some cases. Self storage facilities offer some of their customers a free move in month. Well you can not beat free to move something in and not plan on picking it back up. Then someone else has to deal with it. Imagine the eyes of the prospective auctionees when the self storage unit door is opened to reveal a bunch of things that were just dumped. A lot of times, customers do not store their things all nice and neat. It is just thrown in there.
    There is a hope in the eyes of every person that is at an auction that they will make the big find. They think the these managers are excited to get money for the things that are in these different facilities. The managers rather deal with the customers directly who owned these self storage units. They rather not deal with the attention they get from these different auctions and the bad publicity that comes from selling the belongings of an individual. Do you really think they want to get credit for selling property that was very near and dear to someone? Do you think they want to be the ones to tell someone’s family their loved one’s belongings were sold for $50? To some family members, those belongings are priceless.

     
    So do not believe this myth about auctions. Self storage facilities want no part of auctions. They just want customers to honor the lease agreement. The manager will try to contact the customer several times before they have to auction off their belongings. Customers can come and try to claim their belongings at the last minute or even at the auction if they desire. They want a person to be able to keep their belongings that they stored. They love it when a customer is storing with their facility for years upon years. That is the kind of things that people do not realized about self storage facilities.

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    Disclamer: This entry is intended to promote our partner StorageMart and some or all participants received compensation.