Lockerfox is the ultimate app for all your self-storage auction needs. With just a few taps, you can easily find, bid, and win local storage auctions, filling your resale business or indulging in your treasure hunting passion. Whether you own a resale store, or sell on platforms like eBay, the app is your go-to app. It eliminates the need for wasted gas, time, and effort by offering a convenient online platform for storage auctions. Say goodbye to going to onsite auctions and leaving empty handed. Don't miss out on the opportunity to increase your resale profits - download now!
Features:
Convenient and Effortless Bidding: With this app, you can bid on local self-storage auctions from the comfort of your own home. No more wasted gas or time traveling to onsite auctions.
Explore Local Storage Auctions: Discover a wide range of storage auctions in your area to stock up your resale business or embark on a thrilling treasure hunt. Uncover hidden gems and unique items without the hassle.
User-Friendly Interface: This app is designed to be the easiest to use, ensuring a seamless and intuitive browsing experience. Bid, track, and manage auctions effortlessly with just a few taps.
Fastest Auction Website: Say goodbye to slow loading times and endless buffering. Lockerfox is the fastest online storage auction website out there, allowing you to browse and bid with lightning speed.
Powerhouse Features: Lockerfox offers a wide range of powerful tools to help you make informed decisions. View detailed auction listings, access photos, and get all the information you need to make successful bids.
Increase Resale Profits: By eliminating wasted resources, such as gas, time, and effort, this app enables you to maximize your resale profits. Bid strategically and win auctions without leaving your home.
Functions:
Auction Sync: Make auction setup and automatic cancellation easy with our SiteLink, storEDGE, SSM, and Yardi Breeze Premier connections.
Areas & Regions: Group your stores into regions to make administration of user access and other settings easy.
Export Your Data: Make offline analysis easy by exporting your auctions to Excel. You can even export your facility list!
20+ Event Notifications: Keep tabs on all your lien process and auction statuses with email notifications.
Easy Public Notices: Ensure consistent and compliant newspaper ads with the Lockerfox public notice generation feature.
Multi-site Reporting: Rollup your metrics by store and region to track volume and yield.
Tips for users:
Research the Auction: Before placing a bid, it's important to research the auction and the items available. Look for auctions that provide detailed information and images of the contents of the storage unit.
Set a Budget: Determine your budget for bidding on storage auctions and stick to it. It's easy to get caught up in the excitement of bidding, but setting a budget will prevent overspending.
Plan for Transportation and Storage: If you win a storage auction, you'll need to have a plan for transportation and storage of the items. Make sure you have the necessary resources to move and store the items you acquire.
Attend Virtual Previews: Some auctions offer virtual previews where you can view the contents of the storage unit before bidding. Take advantage of these previews to assess the value and condition of the items.
Start with Small Bids: If you're new to storage auctions, it's best to start with small bids to gain experience and understand the bidding process. Gradually increase your bids as you become more comfortable.
FAQs:
My unit is being auctioned, what should I do?
Having your items sold at auction by a storage facility is a final resolution for an overdue account. If you have goods in the unit that you care about, you need to get your storage bill paid and take back possession of your goods. Once a unit is sold, there is no way to get those items back.
My storage unit was auctioned. Can I get the buyer's information, so I can ask for some of my items back?
No. Lockerfox takes privacy seriously and does not give out any personal information of our bidders.
My storage unit was auctioned. Will you pass my contact information to the buyer in hopes of having items returned?
Lockerfox will not pass your information along to an auction winner.
How much does Lockerfox cost?
Lockerfox is a service that provides online bidding for storage auctions. Our fee to use the service is 10% of the winning bid subject to a $10.00 minimum charge. For example, if you win an auction for $250, we'll charge your credit card $25 and you'll need to take $250 (plus any tax or cleaning deposit) to the facility and pay those funds in cash.
Why was I charged sales tax on my unit?
Each facility determines on their own whether or not to charge sales tax on sold units. Lockerfox is not involved in that decision. If you have questions about sales tax, you would need to speak with the facility.
Why do some units show a closed blue door?
Those are auctions that aren't open for bidding yet. In many cases we don't show the photos or allow bidding until the first public notice appears in a local paper.
Do you have auctions in my area?
The easiest way to browse auctions close to you is by putting a zip code into the current auctions page or find storage auctions by state.
Do you charge my card for the cost of the locker?
No, the winning bid amount, plus any sales tax (and cleaning deposit if applicable) must be paid directly to the storage facility when you pick up your unit. The only thing charged to your card is the buyer's premium.
Once the auction closes, is the unit mine?
No, you must go to the storage facility and conduct the actual purchase. Please remember some facilities allow the overdue tenant to pay their bill after the auction closes, so time is of the essence in picking up your unit. Always call the storage facility and verify the unit is still available before driving long distances.
Why was a car or boat cancelled?
Before selling cars and boats, some states require the storage facility to run a lien search to determine if a bank holds a loan on the vehicle. If so, it must notify the financial institution before selling the asset. It's common for the facility to schedule the unit's auction while they are waiting for the paperwork to come back. If the lien search doesn't come back in time, the facility will cancel the auction. Often times these will be back up for auction at a later time, once the lien search comes back. Not all states require a lien search.
If the tenant pays their bill, what happens?
In the case where a tenant pays their bill after the auction closes, but before the winner arrives to purchase the unit, the storage facility will void the win. Any buyer's premium you were charged will automatically be refunded back to your card. You'll get an email if this happens, which will confirm that your premium was refunded.
How does bidding work?
Each auction has a minimum bid, which is the opening bid amount. All bidding takes place in $10 increments, so you'll normally bump the bid by $10 to become the leading bidder. It's possible going up by $10 won't make you the leader if another bidder has already placed a proxy bid for that amount or higher. Auctions are "soft close" - bids received in the last minute will bump the countdown back to 1 minute.
I placed a bid but it shows somebody else's screenname
This is due to that other bidder having a proxy bid (max bid) of higher than your attempted bid. Your bid attempt "pushed up" their proxy bid. You'll have to bid higher than their max bid to take the lead.
How do I place a proxy bid (also called a max bid)?
Simply place a bid that's more than the next-higher $10 increment. Lockerfox will place a bid for $10 higher than the current bid, making you the leader, and then place bids on your behalf, in $10 increments, to keep you on top - up to your maximum bid. You'll see your proxy bid amounts when viewing auctions you're leading on, and in the Active Bids section of the My Account page.
What's the Leaderboard Limit?
Bidders can be leading on a limited number of units at a time. You may request an increase in this limit. Granting increases is at the sole discretion of Lockerfox and may require you have an established track record of winning and picking up units.
Conclusion:
Download Lockerfox now to easily bid on local self-storage auctions and find incredible items for your resale business or personal collection. With a user-friendly interface and convenient features, this app is the ultimate solution for anyone interested in storage auctions. Say goodbye to wasted time and effort and say hello to a more efficient and profitable experience. Don't miss out on the opportunity to unlock hidden treasures – install the app today!
