storage auctioneers spill secrets about self-storage

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A U C T I O N S Storage Auctioneers Spill Secrets About Self-Storage 1 Comment by Allie Johnson on February 23, 2015 In their line of work, storage auctioneers know self-storage facilities inside and out—almost on par with the owners and operators of those facilities. Yet for all that auctioneers know about self-storage, how much do we know about their storage habits and beliefs? Not much. We asked four storage auctioneers to give us the inside scoop on self-storage, including which of their own belongings they may or may not keep in storage units. Here’s what they told us. Rich Schur Chief operating officer at The Storage Auction Kings How did you get started in storage auctioneering? He met his now-wife, Shannon, a second-generation auctioneer, who asked him to help her at auctions and then sent him to auctioneering school. “I did it all to impress a girl,” he said. 0 0 0 0 0 Email converted by Web2PDFConvert.com

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Page 1: Storage Auctioneers Spill Secrets About Self-Storage

A U C T I O N S

Storage Auctioneers Spill Secrets About Self-Storage

1 Comment

by Allie Johnson on February 23, 2015

In their line of work, storage auctioneers know self-storage facilities inside and out—almost on par with the ownersand operators of those facilities.

Yet for all that auctioneers know about self-storage, how much do we know about their storage habits and beliefs?Not much.

We asked four storage auctioneers to give us the inside scoop on self-storage, including which of their ownbelongings they may or may not keep in storage units. Here’s what they told us.

Rich SchurChief operating officer at The Storage Auction Kings

How did you get started in storage auctioneering?

He met his now-wife, Shannon, a second-generation auctioneer, who asked him to help her at auctions and thensent him to auctioneering school. “I did it all to impress a girl,” he said.

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Page 2: Storage Auctioneers Spill Secrets About Self-Storage

To learn about eight common myths regarding storage auctions, visit blog.sparefoot.com/7206-storage-auction-myths.

Do you keep your own stuff in storage?

No, but he rented a large unit when he was hired to auction off the estate of a radio and TV repairman who haddied.

“The house, garage and attic were filled floor to ceiling with old radios and TVs,” Schur said.

The family sold the house and needed the vintage electronics moved out, so Schur stored the stuff while he heldan online auction. The winning bidders went to the unit to pick up their goods.

“It was perfect,” Schur said. “I didn’t mind spending the money at all.”

But then, Schur did what a lot of tenants do: He delayed moving out. After the auction, Schur ended up payinganother $300 for an empty unit for two months.

“I didn’t plan to do it that way,” he said. “I just got busy.” Then, his wife showed him the bill. “I shy away fromstorage,” he said. “I know how easy it is to get it and forget it.”

What’s your advice for storage renters?

Don’t rent a unit unless you have a set end date to clear it out, he said.

“Using self-storage is a great idea if it’s short-term and for a specific purpose,” Schur said.

For tips on cleaning out a long-forgotten storage unit, visit blog.sparefoot.com/7245-tips-for-cleaning-out-storage-unit.

If you’re thinking of renting a unit indefinitely, do the math to see whether it’d be better to sell the items and buynew ones later. “You don’t want to pay $800 over time to store something that’s worth $200,” he said.

Walt CadeAuctioneer on “Storage Wars: Texas” and at Walt Cade Auctions

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Page 3: Storage Auctioneers Spill Secrets About Self-Storage

How did you get started in storage auctioneering?

Cade started auctioneering after he retired as a tax attorney and stockbroker. He’d planned to work only a fewauctions a year but now conducts hundreds each year.

To check out SpareFoot’s guide to self-storage auctions, visit blog.sparefoot.com/7024-guide-to-storage-auctions.

Do you keep your own stuff in storage?

“Hell no,” he said. “I’d probably forget to pay my bill. And I know the outcome.”

In fact, Cade built a 20×20 storage unit on his 50-acre ranch to store the property of his brother-in-law, who wentinto a nursing home.

“We built it so we wouldn’t have to rent a storage unit,” Cade said. “If I lived in the city, I’d have had to rent a unit.”

The building is stuffed with collections and memorabilia, including mini-football helmets, mini-gas pumps, toydiecast cars, baseball cards, football cards, basketball cards and hockey cards.

“It’s just boxes and boxes, floor to ceiling,” Cade said. “It’d probably be worth a fortune if it got sold at auction.”

What’s your advice for storage renters?

Don’t pay to store stuff that’s worth nothing. Too many tenants put their stuff in storage, eventually get the goodstuff out, then keep paying $75 a month or so to store junk, he said.

“Just go ahead and get rid of it,” he said. “Throw it away.”

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Shelby FullenwiderAuctioneer at Ace Auction Co.

How did you get started in storage auctioneering?

Her best friend’s parents started an auction company, and she began helping at auctions and then got herauctioneer’s license.

“I’ve been doing it for three years now, and I love it,” Fullenwider said.

Do you keep your own stuff in storage?

Yes, she’s renting a 10×10 unit while she waits to move into a new apartment. She’s stashed most of herbelongings: furniture, clothing, exercise equipment, kitchenware, decorations and collectibles.

“It’s basically everything you’d find in the average home,” Fullenwider said.

For tips on getting the most out of a self-storage rental, visit sparefoot.com/storage-tips/6-tips-for-getting-the-most-out-of-self-storage.

One item she’s looking forward to getting out of storage: her extensive collection of comic books. Her favorite is the“Kick-Ass” series, about a boy who dons a wetsuit bought on eBay, becomes a superhero and fights the mob.

“Those are my prized possessions,” she said.

What’s your advice for storage renters?

When you’re moving, downsize so you store only stuff that you love and use, Fullenwider recommends.

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“I’d really encourage people to go through what they own and see what they don’t use, don’t need and can get ridof—donate to Goodwill or sell online,” she said.

For advice on donating your stuff to charity, visit blog.sparefoot.com/7187-7-ideas-for-donating-your-stuff-to-charity.

For example, she jettisoned an old couch, bookcase and patio furniture she didn’t need anymore. “Everything inmy unit, I’m planning on putting back in my apartment,” she said.

Jason StrangeOwner of Strange Auction Services

How did you get started in storage auctioneering?

A friend who managed a storage facility told him about auctions. On a trip to Florida, he spotted a sign for a self-storage auction.

“It was all over from there,” he said. “I started buy and selling, then I went to auctioneer school.”

Do you keep your own stuff in storage?

Yes. In fact, he’s been renting a storage unit to hold his parents’ belongings while they move. The 10×20 unit isstuffed with furniture, dishes, knickknacks, and even his own baby pictures and bronze baby booties. “She’s got itall,” he said of his mom.

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To figure out which self-storage unit size is right for you, visit sparefoot.com/storage-tips/choosing-storage-unit-size.

He also used self-storage when he was into four-wheeling, and he rented a unit to store the vehicles. “There wasone close to the house, so it was convenient,” Strange recalled.

What’s your advice for storage renters?

Look for a facility with good security, he said. “I like one where the manager is on site 24 hours a day,” he said.

Strange also seeks 24-hour access. “I’m a night owl, so sometimes I want to go get something at night,” he said.

About Allie Johnson

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