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Managing Your Self-Storage Auctions


Holding an auction of a delinquent tenant’s property is a right given to a self-storage operator by law, but the operator must follow certain rules to hold a proper sale.
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Speaker: Scott Zucker, Partner, Weissmann Zucker Euster Morochnik P.C.
Duration: 51 minutes

Managing Your Self-Storage Auctions
Holding an auction of a delinquent tenant’s property is a right given to a self-storage operator by law, but the operator must follow certain rules to hold a proper sale. Some of these policies are uniform, while others—such as the minimum number of attendees that must be present and what property can legally be sold—are based on state or local requirements. With attendance at self-storage auctions climbing, familiarity with sale rules is essential to enhance the overall process and avoid wrongful sales.

You will learn:

•    How to advertise your self-storage lien sales
•    How to prepare and stick to bid rules
•    Planning for sufficient attendee parking and safety
•    Closing the sale with a high bidder
•    What to do when the defaulting tenant arrives

This product is also available in DVD format.