Online Storage Unit Auction Sites
The self storage auction world has come a long way in recent years with many new additions, the newest and most exciting addition being online storage unit auction sites.
These sites have been popping up all over the internet and have really allowed for more people to get involved in storage unit auctions.
Now you can view, bid and win storage unit auctions just like you would if you attended an auction in person.
Of course there are many differences between online storage unit auctions and attending a live auction but the concept is pretty much the same.
The storage unit auction industry has lost a lot of the steam it once had when shows like Storage Wars and Auction Hunters first hit air but awareness and popularity has definitely increased from what it once was before these shows.
If you have never visited one of these online storage unit auction sites before and want to know which ones are best, see my list below to help you get started.
Top Online Storage Unit Auction Sites
Here are the top 5 online storage unit auction sites that I visit almost every day to see what auctions are going on near me and to see if I am still the high bidder.
Check them out and see if these sites list self storage auctions at facilities near you.
Locker Fox – LockerFox.com – is the site I use most often for online storage unit auctions.
For my area, they offer more units than any of the other sites and tell you in advance when they will be adding new units so you know when to check back.
For instance, right now there are about 15 units where the auction has not started yet but they are already on the site with a countdown as to when they will start.
They also have the best looking site in my opinion, although StorageBattles.com is pretty sweet too.
Storage Treasures – StorageTreasures.com is one of my favorite storage unit auction sites, here is where you can find out about both live and online storage unit auctions.
What I like the most about Storage Treasures is the education and training sections where you can quickly learn to be a better storage unit auction hunter and find out how to make more money with the items that you find in the units you purchase.
I recently purchased two units from a local CubeSmart through Storage Treasures and was pleased with how smooth the transaction went and how easy the entire process went.
Personally, I still like the idea of going to a live event, standing in the rain and looking at the person I am bidding against but the online auction process is pretty cool too.
What I do not like is when the auction is ending, when you place a bid, it adds time to the auction so someone cannot come in at the last second and steal an auction out from under you.
I tried this on one of the auctions, thinking I would swoop in and win an auction I hadn’t even bid on yet and when it added the extra time, it allowed the previous high bidder a chance to come back and bid again.
I can see where this is a good feature but I like it when the clock ends and the auction is over, not adding more time.
Storage Battles – StorageBattles.com is an online auction portal created for self storage facility owners who are frustrated with live auctions at their facilities to post their abandoned and past due storage units online for auction.
Many of these facilities managers/ owners do not like the idea of huge crowds coming to their facilities as it can anger their current tenants who have trouble getting to their units during an auction.
Storage Battles has created a more efficient and hassle free way to auction self storage units to the public without the huge crowds.
Storage Battles is free to join and view auctions, you will need to create a bidders account which simply requires a credit card on file to cover you buyers premiums should you win a auction.
Storage Stuff – StorageStuff.bid is another up and coming online storage unit auction site which was created for self-storage facility owners to post their delinquent lockers and allow the public to bid in an easy to use auction format.
This is a great site to keep on your radar as they are growing rapidly and will continue to add new facilities to their client list.
I check them out almost every day to see if there is anything new in my area and am always tempted to bid on units way too far outside of my typically commute maximum because they look really good.
Have not personally bought anything from this site yet but I am sure it’s only a matter of time before the right auction pops up and I go all in to get it.
Bid13 – Bid13.com to my knowledge is a relatively new site but has a unique feature that most of the other sites do not, they show you a video of the storage unit rather than a handful of photos.
They make it look like they are cutting the tenants lock and showing you the contents of the unit as they are seeing it for the first time, I assume that is true.
They have units available in most every state, some more than others, but just as many if not more than the sites listed above.
I have not had any luck finding local units yet on Bid13 but I continue to check back as they are constantly growing their client base and will soon be a top player in the online storage unit auction industry.
Online Storage Unit Auctions
There are many other smaller sites that you are either just getting started or have not caught on like the sites listed above.
Auctions in your area may be covered by one of these smaller sites, in that case you can simply search Google for common terms such as “Online storage unit auction sites + zip code” or “online storage unit auctions near me” should give you the best results.
A couple common themes that I have noticed with all of online storage unit auction sites are:
- They make their money by charging the self storage facility to list their units and charging you a small buyers premium when you win an auction.
- Some of them have paid ads running in every available spot on their site.
- Most of the self-storage facilities charge you a $100 refundable cleaning deposit due to facility when you arrive to clean out your unit.
- You must have a valid credit card on file to bid, so the site can collect their buyers premium.
- Some sites offer upgraded accounts where you can view more listings and pay a smaller buyer premium.
These sites are still relatively new so do not be surprised if you do not find that many auctions in your area yet, they are constantly adding new clients and will continue to expand over time.
I am not sure yet if online storage unit auction sites will become the next big thing in the storage unit business or if they are a fad that will soon die off, only time will tell, but I will continue using them while they are around.