15 Jun 2012

Popularity of “Storage Wars” drives up interest in auctions

Self storage facilities have been in the spotlight recently thanks to the craze started by the A&E series "Storage Wars." The popular program follows a group of people who bid on the contents of storage units whose owners have defaulted.

Many self storage facilities sell units and their contents in order to recoup losses once the owner stops paying the storage rates. Before the show hits the airwaves, it was a somewhat small group of people who bid on these units. In most cases, the bidder only gets a glimpse of what's inside the unit and has to offer their best guess for what's inside. Sometimes there's valuable items, while other times it's mostly junk.

As the show has gotten more popular – nearly 5 million tuned in for the third season premiere, according to Broadcasting & Cable – the number of people bidding on these units has grown in popularity as well. Now, people hoping to score hidden treasures make storage unit auctions a lively affair.

"That has changed a lot of the auction participation," one storage unit owner told The Associated Press. "In the past, you may have three or four people show up for an auction, now there could be 40 or 50."

Jiffy Self Storage, a leader in Toronto storage solutions, is currently running a contest on their website for a free iPad 3. Visitors to the site simply need to match a few Canadian landmarks and they'll be entered to win the iPad or one of several other prizes.

Be Sociable, Share!
Comment

Related Articles [3]

In Between Rentals? What to Do Between Move-in Dates

September 28th, 2021
Packing up the contents of your home and moving to a new location takes hard work, preparation, and good organizational skills. While it can be done on a whim, it’s usually...

How to Choose the Right Storage Unit

September 13th, 2021
Depending on what your needs are and what you plan to keep in storage, choosing the right storage unit size can be tricky. It’s very important that you make proper...

Jiffy Self-Storage Wins the Consumers Choice Award For Best Self-Storage in Toronto

July 5th, 2021
Jiffy Storage has won the Consumers Choice Award (CCA) for Best Self-Storage in Toronto. Jiffy is no stranger to awards, with Toronto Life Magazine naming Jiffy Self Storage...

Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

Leave a Comment






Recent Posts Blog Categories Archives Subscribe to RSS Feeds
Essential SSL