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Learn How to Make Money from Storage Unit Auctions |
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When you are going through unit, try to add up what you think the values of the items are in your head. Don’t worry if you don’t know the value of something, just make a guess at it. When you are done going through the unit try to figure out what you think the value of the unit is. When you are thinking of a price that you are willing to pay, just remember that if you plan on dumping some of the bigger things in a trash dump, there are usually fees for that, and often high fees for older appliances, especially those with Freon inside. It is not a bad idea to check with the trash dump beforehand to see what their fees are. Once you have a price in mind, it is Hagglin’ time. If you are at a Make Me An Offer it is the best place to haggle. Just remember, you are at an enormous advantage over the complex owner. He is looking at getting his money back and you are looking for a deal. WARNING: Some of these tactics may sound a little harsh, but if you want to get some good deals you may have to be a little cutthroat. NEVER show any emotion when going through a unit: Once you get excited over an item in a unit, the complex owner knows that you really want it, and he will be able to get a higher price from you. If he can’t tell whether you like it or not he will most likely accept a lower price. Offer a very low starting price: If you are willing to pay $150 for something start with an offer of $5 just so you have a lot of wiggle room, you never know what will happen. Just like in my case. I knew the items in the auction that I won were worth a fortune, but I stuck to my guns and only offered $10, and surprisingly they accepted, I would have been willing to pay more but they accepted $10. Walk away if you have to (even if you don’t want to) Nothing scares a seller more than seeing the back of a potential buyer, think of it like fishing, you hooked a fish, and you fight to drag it in, but just before you are able to get it into the net, it flops back into the water. Sellers don’t want to lose a sale, so if you start leaving, the complex owner, may try to get you back to offer a good deal.
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