Friday, October 26, 2012

You Can Make Money On Storage Unit Auctions

By Morgan Lee


Storage unit auctions are becoming very popular due in part to all of the promotional activity that takes place on the internet and on TV. A lot of people have started their own business of buying merchandise at bidding events and selling the merchandise they buy at a bargain at marked up prices in order to make a profit. The person who has a little luck and is in the right place at the right time can make a decent income.

One who is starting out looking for bargains at a storage center should contact storage centers in his area, it is best to start locally. This will help reduce the costs associated, and one can start making a profit faster than if he rented a truck and started driving up and down the state. One will be surprised to find that there are a lot of storage companies in his local area, well within a reasonable driving distance.

Locating storage centers is as easy as looking in the telephone directory. Call each local storage company and find out first if the company puts left behind items up for bid, and when the next bid event takes place. Build a relationship with the staff at the storage center and ask them to call whenever a bid session is scheduled.

The best way to find out where the events are held in one's region, is to go online and look up bid event search service. Some search services are free to use, but the better search services are paid subscriptions services. But, the person starting out in this business should utilize all the free services first before paying for a subscription in order to keep his start up costs low.

There are many free sites on the internet for the person new to this business. But once one becomes successful one will want to pay for a service online to find bid events. The paid services provide more pertinent information regarding bid events, and the subscription fee will be made up quickly once one has bought bargain merchandise and sold the merchandise for a good profit.

When placing bids, bid from the head not from the heart. Do not get wrapped up in a bidding war. It is easy to start becoming too competitive and ending up paying more money for an item than one can resell the item.

Storage unit auctions are becoming more popular because bidding events are being advertised online, on TV, and in the newspaper. Many people are earning a decent living, buying items at bargain rates, and reselling for a profit. There are many online resources that announce where and when these bid events take place.




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