STORAGE BUILDING AUCTIONS:

 

The fourth week of each month Charles does auctions for Uncle Bob's Storage Buildings.  On Wednesday he is auctioning in Columbus, GA.  On Thursday he'll be in Montgomery, AL and on Friday we'll see you in Auburn Opelika.  

 

Go to our auctionzip website and see a complete listing of all the storage building auctions he does each month.

 

http://www.auctionzip.com/AL-Auctioneers/7061.html

 

Here are some of the rules and regulations concerning Uncle Bob's Storage Building Auctions:

 

Cash Only

No Credit or Debit Cards or Checks

No one allowed inside the units

No one under the age of 16 allowed on the property

 

General information about

Storage Building Auctions:

Storage Auctions General Information:

Most self storage facilities hold storage auctions or lien sales to vacate non-paying tenants according to the laws of each state. These auctions are open to the general public with most bidders’ buying for the purpose of reselling for profit. Storage auctions are a great way to buy secondhand merchandise at very reasonable prices. If you own a store, sell at flea markets, garage sales or on e-Bay, you will probably find storage auctions to be one of your best sources for merchandise.

 

A Storage Auction Summary:
Be sure to arrive about 15 minutes prior to a auction time. Before the auction starts, the self storage facility or auctioneer will have a sign in sheet and the company’s rules with the terms of the auction. Terms and conditions will vary with each site. Auctions are "live" or "verbal". Cash is the acceptable form of payment. Most companies do not take credit or debit cards and will not wait for you to go to the ATM after the sale is over.

 

Storage auctions are very different than most types of auctions. Usually you are bidding on the entire contents of a unit or lot. Units or lots are usually viewed from the doorway entrance of the storage unit or container. The bidding starts after all bidders have had a viewing of the Unit and it's contents (again from the doorway). Bids sometimes start out as low as $5.00 and proceed upwards with the property being sold to the highest bidder.  Don't forget, the high bidder must provide his own lock, and remove all contents of the unit purchased within the time specified by the self storage facility (usually 24- 48 hours). Storage companies do not allow you to use their garbage cans or dumpsters and units are expected to be swept broom clean.


What is in Most Units?:
Most items are general household goods, such as furniture, electronics, clothing and personal papers. Some Bidders do find money, jewelry, antiques and collectibles in these units. You never know when you might find a lifetime collection of anything.  The boxes and plastics storage containers can yield almost anything. Some units are packed so tightly that you won't even be able to see items that are behind what is at the front door.