| Do you enjoy the challenge of finding a bargain and | | | | the contents of the bin and determine what treasures |
| reselling it for more than you paid for it? To witness | | | | he has purchased. It's not uncommon to find boxes of |
| the success of this technique, you only have to travel | | | | books, CD's, videos, household items, and a variety of |
| as far as your home computer where you can find | | | | knick knacks along with an occasional item of some |
| thousands of people reselling items they've purchased | | | | value. Sometimes you'll get lucky and find significant |
| at garage sales on eBay. Garage sales can provide | | | | amounts of cash, coins, jewelry, or other valuables. |
| the novice reseller a rich supply of sellable items but | | | | After the auction is over, it's your job to store the |
| there's another lesser known outlet for items to resell | | | | items until you can find a buyer for them. It works best |
| that few people consider. Welcome to the world of | | | | to sort through the items on site and eliminate the |
| storage bin auctions. | | | | obvious junk. The remaining items can be cataloged |
| Storage bin auctions take place nationwide although | | | | and stored until transferred to a new owner. |
| they aren't heavily advertised to the public. A storage | | | | How do you go about finding a buyer for the items |
| bin auction takes place when a person who has been | | | | you purchase at storage bin auctions? While the |
| renting space to store various items fails to pay their | | | | obvious option is online auctions such as eBay, some |
| rent in a timely fashion. When the renter fails to | | | | items may be too large to easily ship and are best |
| complete his end of the agreement, the owner has the | | | | sold in your local area. If you have access to a large |
| right to sell the items occupying the storage space to | | | | flea market, it may be profitable to rent a booth for a |
| recoup the space as well as the lost revenue. This is | | | | weekend to sell the less expensive items for a quick |
| done via public auction. | | | | profit. Larger, more valuable items may best be sold |
| The items stored in these bins run the gamut from | | | | through a classified ad in your local newspaper or via |
| complete junk to valuable antiques, coins, and even | | | | Craig's list. Some items can even be taken to your |
| cash. Unfortunately, you don't get the opportunity to | | | | local consignment store or pawn shop for quick |
| thoroughly go through each bin before bidding. On the | | | | turnover. |
| day of the auction, the auctioneer will open up each | | | | To find storage bin auctions, check in your local yellow |
| box contained in the bin and show the group of | | | | pages under storage facilities. Give these locations a |
| bidders the contents. This will be your opportunity to | | | | call and ask the owner or manager when the next |
| estimate the value of what's contained inside. From this | | | | storage bin auction will take place. If they don't have |
| point, bidding starts until the highest bidder is awarded | | | | one scheduled, ask to be placed on their mailing list and |
| the bin. | | | | check back with them at a later date. These are |
| Once the high bidder wins the box, he can claim it as | | | | definitely sales you don't want to miss out on if you're |
| soon as the auction is over. Then comes the exciting | | | | serious about making money. |
| part. The bidder now has the opportunity to go through | | | | |