MONTANA STORAGE AUCTIONS
About Storage Auctions
In the United States, most self storage facilities hold storage auctions or lien sales to vacate non-paying tenants according to their enforcement rights that are outlined within the laws of each state. In Montana there are THOUSANDS of self storage facilities, out of these self storage facilities there are an average 500 facilities that will hold a storage auction or lien sale in any given month. Each site will have a different amount of units or lots to offer for auction. We estimate that over $2,000,000.00 changes hands at these auctions each year. These auctions are opened to the general public with most bidders’ buying for the purpose of reselling for profit. Storage auctions are a great way to buy secondhand merchandise for pennies on the wholesale dollar. If you are someone who sells at flea markets, garage sales or on e-Bay, you will probably find storage auctions to be one of your best sources for merchandise.
How Does The Auction Work?
Be sure to arrive a minimum of 15 - 60 minutes prior to a scheduled auction. Before the auction starts, the self storage facility or auctioneer will have a sign in sheet and a set of their company’s rules going over the terms and conditions of the auction. Terms and conditions will vary with each site. Most auctions are "live" or "verbal", very few are silent (sealed bids). Cash is the acceptable form of payment. Storage auctions are very different then most types of auctions. Usually you are bidding on the entire contents of a unit or lot. Units or lots are usually viewed 1 by 1 with the viewing limited to the doorway entrance of the storage unit or container. The bidding starts after all bidders have had a viewing of the property. Bids sometimes start out as low as $1.00 and can proceed upwards with the property being sold to the highest bidder plus a 10% buyers premium. Based on our experience average lots or units seem to sale for under $500.00. Don't forget, the high bidder must remove all contents of the unit purchased within the time specified by the self storage facility(usually 48 hours). Facilities do not allow the use of their garbage cans or dumpsters and units are expected to be broom swept clean.
Montana Storage Auctions specializes in personalized on-site auctions of Mini/Self Storage. But we do SO MUCH MORE than JUST Storage Auctions!
We provide contracts for bidding, bidder numbers, an experienced staff, advertising, & signage.
Everything needed to make your auction a success! We do all the work, you get an empty storage unit to rent and recover lost assets! It's that EASY!
Storage Auctions are our specialty, and we have built a business on many satisfied customers. Doing SO MUCH MORE than JUST Storage Auctions. Call us today to discuss YOUR auction with an auction company that specializes in Mini/Self Storage Auctions!!
What We Do
Montana Storage Auctions
What Can I Expect To Find?
You really never know what you will find. Most items are general household goods, furniture, electronics, clothing and personal records. Bidders do find money, jewelry, antiques and collectibles at these auctions. It is not uncommon to find someone's whole household or business in a unit, with that in mind, you never know when you might stumble on someone's life collection of who knows what! Remember you are usually viewing the property from an open entrance into a storage unit or container; this means that boxes and plastics storage containers can yield anything. Some units are packed so tight that you won't have the luxury of getting a view of the items that are behind what is blocking the entrance area.
How Can I Find Out Where The Auctions Are Taking Place?
You can find out through various sources where storage auctions take place. There are legal notices in newspapers, web sites and auctioneers who all provide very limited schedules of self storage auctions. By using all these sources it is impossible to find out when and where all these auctions will be conducted. Calling the different self storage companies will yield you the highest results. Also you can search the internet for "Storage Auctions" and this may yield websites that specialize in listing auctions throughout the U.S. To find out about OUR auctions, check the schedule to the right.
PRE-Register for our next Auction on our "Contact" page
Auction scheduled for :
9:30 am Registration
10:00 am Auction
Your Space Storage
2264 Jackrabbit Ln.
Bozeman, MT 59718
11 units at time of posting
Storage Auction Services for: Arizona, California, Colorado, Idaho, Montana, Nebraska, Nevada, Oregon, Utah, & Wyoming