The mini self storage auction has been a source of income for many people. In order to earn money, the idea is to buy everything in the mini-storage and then to resell it. It is important to have a game plan when you are going into any auction. This includes mini storage. It is important to first ensure the location of your mini storage auction will be near enough that you are able to earn a profit. Due to the high cost of fuel, it will likely be costly to move your mini storage unit to your residence. Before you go to the auction you should take into account that transportation costs will quickly drain your profits.
You should arrive at least 10 minutes before the auction to ensure you have time to register and find a place to stand. The last thing you want to do is arrive at the auction 10 minutes late. There will be no time for you to sign-up or to choose a great place to sit. Start your mini storage strategy early to allow yourself enough time to explore the whole lot, to register, to get any questions answered, to review the auction space, etc. When you arrive with enough time, there will be plenty of opportunity for questions. In the event that you are late, you will find everyone busy. They won’t be able answer any of your questions. Do not forget that you can call and ask any questions, or confirm the status of the auction. Ask about the methods of payment accepted, how the auction actually works and the deadline for removing everything.
At a mini storage sale, blind bidding is possible. In order to set your bid correctly, it is important that you know the costs of transportation and what risks you will be taking. It’s possible to bid excessively blindly in a mini storage sale and discover that all the contents are garbage. If you want to earn money through your mini-storage sale, then it’s important that you have a basic understanding of the market. You will also have to find out what items are in demand locally, such as furniture, appliances, or antiques. If you’re looking for mini storage, look out for items in the auctions which are brand-name products.