Have you always wanted to attend a storage auction, but not sure what you needed to bring or how to find one? Maybe you weren’t sure of how storage auctions run. We have developed the top three things you need to know before going to a storage auction!
Auctions of storage units occur after fulfilling the State lien law procedure of someone who has not made payment on their unit. Storage auctions aren’t our favorite side of the business, but they are part of it.
Along with bringing cash, remember these three things when attending a storage auction:
1. You will need to pay state sales tax on the units you win, unless you provide a state issues resale tax exempt certificate. We will need to make a copy of it.
2. Arrive at the storage facility 15-20 minutes early to allow for ample time to sign in.
3. Bring a flashlight so you can see what is in the back of the unit since you are not allowed to go in.
Need help finding a storage auction in your area? Visit: www.sparefoot.com/auctions.html
You can search for auctions near you and get all of the info you need to get you there and bidding on time.