The lien law of South Africa applies when a storage unit goes up for auction. Remember, the chance of a happy surprise is always there but so is the chance for disappointment. Do not bid just for the sake of bidding, evaluate the worth of the contents as best you can.Do make full use of your opportunity to view the storage unit.Do not let getting caught up in the excitement of the bidding lead you of course.Put a 'cap' on the amount you bid, this will help you stay within budget.Once he has paid, he generally has up to 48 hours to clear the unit, some storage facilities require the unit to be cleared immediately.ĭo's and dont's of bidding at a storage unit auction.The highest bidder will win the storage unit.The auctioneer will opening the bidding by asking for a first bid, auctions move quite fast, participants will place their bids, adding value to the contents of the storage unit.Viewing of the unit before bidding starts, allows you a view into the storage unit but not to open any boxes or packages.Dependent on the auctioneers rules, it is common practice for auction goers to register and pay a refundable deposit. We went along to one of the storage unit auctions to see what they It seems to many to be a fun way to spend an afternoon and possibly make a few rand in the process. Storage unit auctions have increased in popularity in South Africa, thanks to reality programs like Storage Wars. Storage facility, usually to help him recoup what tenants are in arrearsįor and make the storage unit available for renting again. Their stock levels and keep the stock they have available for sale on-line.Ī storage unit auction is often called by the owner or manager of the Storage topics What is Self Storage Storage for importing/ exporting How to package goods for storage Storage units auctions Compare storage units in Gauteng Readers ratings on self-storage units Send us your reviews The difference between self storage and document storageĪ number online dealers make use of storage unit auctions to maintain
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