If you're never considered using these virtual auction services, now might be the time to do so. We will be crediting every member's account with a free month and we deeply apologize for the down time. Sometimes [a storage] space is abandoned or after lengthy efforts the account remains unpaid. Get on our mailing list for details of our storage auctions in Swansea, Cardiff, Newport & our other stores.
There have been many great finds at storage auctions but there have also been many pointless items too. Sign up to our spam free mail out, get news of our next storage auction and snap up a bargain! With more self-storage operators expressing interest in online auctions, The Storage Facilitator decided to examine their advantages, disadvantages and legal implications.
All else being equal, online auctions are more lucrative than traditional, in-person auctions. The online format lets buyers bid on several units at the same time from home, work or pretty much anywhere you can get an Internet connection. Another advantage of the online auction format is that it actually prevents items from being sold at auction. When sending a lien sale notice by email, the facility owner adds a link to the online auction; then, with the click of a button, the delinquent tenant sees his or her items up for auction, watches the clocking ticking down, and is more motivated to come up with the money.
About five years ago, veteran self-storage auctioneer Wayne Blair ran a few online auctions. Still, the legality is open to interpretation in many states. “The states will need to address this issue,” Blair said.
Until a disgruntled tenant files a wrongful foreclosure lawsuit against a self-storage facility after an online auction, state courts probably won’t be forced to weigh in. That being said, Kaslow doesn’t expect to see much pushback from state legislators in the future.
With help from the Self Storage Association, a handful of state legislatures have updated their lien laws to explicitly allow online auctions.


For the time being, Connie Heyer, legal counsel for the Texas Self Storage Association, recommends using online auctions as a “supplement to” rather than “in lieu of” an in-person auction. Finally, if your state has its own auction laws, familiarize yourself with them, as these laws certainly could apply in this complicated area. Welcome.The Storage Facilitator is the modern self-storage professional's destination for useful education, intriguing news, diverse expert perspectives, technology updates, and beyond. Get our free white paperThe Four Pillars of Profitable Self-Storage Management is an in-depth resource that empowers facility owners and managers to get more out of your business and stay ahead. The information contained herein has been obtained from third parties and we cannot guarantee the accuracy or completeness of the information.
North Carolina-based online storage auction service eBid Storage Auctions has a new name: Lockerfox. The service, launched in July 2014, initially catered to storage operators in the Charlotte, NC, area.
The convenience of online auctions can also be used to an auctioneer's advantage, however, and learning to use this tool for your auction business can put you ahead of the competition. The way this works is that you would place the unit for auction on the site first, then have that auction end right before the live auction begins.
This means that you can pocket more money from your commission, making these auctions more valuable.
As technology changes, the most successful businesspeople are those who can adapt to those changes -- and becoming a pro at online auctions can give you an edge over other auctioneers in your area.
However, rest assured that we're doing everything possible to prevent this from happening again.
However storage auctions are all about playing blind and you never know what you’re going to get until you get it.
No longer do buyers have to spend time and money traveling to facilities to bid on auctions. Representatives of SmartStop Self Storage say their online auctions free up two to three manager workdays every month that otherwise would be spent on traditional auctions.
For example, laws in Texas governing online storage auctions were written back in 1984, when the Internet was in its infancy.


He speculates that the only group with a potential economic interest in preventing updates of state lien laws could be traditional auctioneers. 1, 2013, self-storage operators in North Carolina and Maryland will be able to hold lien sales through online auctions. By using online bids as starting points for the in-person process, self-storage operators can ensure they’re complying with state lien laws.
This white paper identifies major trends and best practices in rate management, occupancy analysis, rental contracts and profit management.
Recently released features on Lockerfox are targeted at storage operators around the country. He first moved to Austin in 1999, when downtown Austin wasn't nearly as lively as it is today. While it may seem counter intuitive, online storage auctions can greatly enhance your auctioneer career.
We have some repairs to do on the server, some holes to patch on the site, and a lot of files to restore from backup. They talk of finding collectable cars or recently even a treasure chest containing a collection of Spanish bullion!!! At Kennards Self Storage we aim to make each experience as simple and user friendly as possible.
We then have to sell the contents of the unit to the highest bidder so we can re-obtain the unit. Storage Giant is committed to customer service and great value ensuring both yourselves and us have a trouble-free auction. He educates operators about the risks, provides a legal disclaimer and encourages them to examine their states’ lien laws. If no one outbids the starting bid, the unit goes to the online bidder and you move on to your next unit. That’s why we have simplified the auction process and transferred the whole experience online. This sidesteps the legal concerns in states where exclusively virtual auctions are not allowed, and it saves you a lot of time.




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