Storage Auctions Process
When storage unit fees aren’t paid after a period of time, the storage facility will eventually put the unit on auction. A storage unit facility will need to make up for the loss of revenue from the tenant by selling the items in their former unit. Auctions are a last resort after multiple attempts to contact the tenant.
You usually find storage auctions in your area to bid for online. Think of it like eBay, but not knowing what might be in some bins. You’ll usually get a couple of pictures of the unit but not much of a description of the items. You’re also allowed to see the front of the unit but can’t enter it or touch anything. The bids can go from $1 to thousands of dollars, and you only have a few days to clear the unit after winning.
You can find auctions for your local storage online at websites such as selfstorageauction.com or storagetreasures.com.
Here are some things that you can do to avoid having your storage unit put on auction.
- Autopay – Tellus Self Storage offers automatic payments if you have trouble keeping track of when your payments are due, so you won’t have to worry about remembering your payment dates or commuting to your storage facility.
- Online Payment – For those with busy schedules and depending on your financial situation, autopay might not be for you. Online payments allow you to pay anytime throughout the day and from anywhere at your convenience.
- Update Contact Info – Keep your phone number, email, and mailing address up to date so that your storage facility can contact you about anything.
- Review Your Contract – Look over your lease agreement to know any procedures if you miss payments.
TELLUS SELF STORAGE – LETSON FARMS
4763 Letson Farms Parkway
Bessemer, AL 35022