Insider Tips For The Auction Buyer
You've arrived early, you've parked properly, your budgeted cash is on hand and your vehicle is stocked with the supplies you will need to move your Storage Treasures if you are the winning bidder. You may be asked to make a refundable deposit. Then, just prior to bidding, the auctioneer will explain the rules of the auction. You will be advised on how long you have to empty out the unit. The auctioneer will tell you if it is a cash-only transaction or if credit cards are accepted. The auctioneer will even explain if you will be able to rent the unit after purchase, if sales tax will be charged, and even whether you are permitted to smoke or not during the auction.
Finally, make sure the auctioneer hears your bid! If you are new to the process, and the auctioneer does not know you or your style of bidding, you might be overlooked especially in a large pool of bidders. And even more important, remember that this is a competitive situation. You are not there to make friends with the other bidders, and it is unwise to share your instincts and your information with others at the auction. As they say in Las Vegas, "Keep your cards close to your vest."
