Picture of Legal Learning Webinar - What's Wrong With Your Self-Storage Lien Sales Since the Advent of Reality TV?

Legal Learning Webinar - What's Wrong With Your Self-Storage Lien Sales Since the Advent of Reality TV?


The effect of reality TV on self-storage lien sales and what operators need to do to bring their sales back in line with state statutes.
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Instructor: Industry attorney Jeffrey Greenberger, a partner in the Cincinnati law firm Katz, Greenberger & Norton LLP
Duration: 1 hour, 12 minutes

Legal Learning Webinar - What's Wrong With Your Self-Storage Lien Sales Since the Advent of Reality TV?
The rise in popularity of reality TV shows "Storage Wars" and "Auction Hunters" has created buzz around self-storage but also some industry misconceptions and challenges. What is happening to self-storage lien sales as a result? Do more attendees equal more profit? Is it good to have all these inexperienced buyers at our auctions? Ultimately, are these shows bad for our business?

In light of increased auction attendance being experienced by many self-storage operators, it has been suggested that the following things should now occur:

  • Highlighting items of interest/value during a sale
  • Excluding items from a sale to keep personally
  • Excluding items from a sale to sell separately at another time
  • Online lien sales
  • Lien sales broadcast on television

During this webinar, industry legal expert Jeffrey Greenberger talks about the effect of reality TV on self-storage lien sales and these proposed changes for facility auctions. Believing some of our sales have gotten away from the requirements of the self-storage laws, he explains what operators now need to do to bring their sales back in line with state statutes. Attendees will learn how these changed ways of doing business could expose them to legal liability and, more importantly, how to avoid it.