Do you want to profit from the buying and reselling of merchandise sold at mini storage auctions? If so, you need to choose a method of resale. If you have customer service experience and many quality items to sell, you may want to sell at a flea market.
If you want to make money with selling mini storage auction merchandise at a flea market, proceed with caution. Remember, your goal is to make money, not lose it. You must rent a table or space at a flea market. Some organizers charge very high fees. Depending on what you have for sale, flea markets may not be worth your time or your money.
Flea Markets – a Great Place to Sell Items from a Storage Unit
Speaking of what you have for sale, know how to buy valuables and resellable items at mini storage auctions. If you can inspect bins or storage units beforehand, do so. If not, look for signs or use your best judgment. A storage unit filled with moving boxes and furniture may be the sign of two households that consolidated into one. Household goods can be resold for a profit. Also, look for name brand products and antiques.
Returning back to selling at a flea market, see what is available. If you live in a large city or town, you may have multiple flea markets to choose from. Before making your choice, visit them. Which flea markets receive the most traffic or are open the longest? Then, examine dealer fees. You do want to keep your costs down, but keep quality in mind. A flea market that receives more traffic is worth a higher dealer fee.
In keeping with location, if your local flea markets are not popular, you may want to examine those in the nearest large city. You may have to pay higher dealer fees, but the increased traffic may be worth it. Do you have a large van or truck that you can use to transport your goods? If so, consider this as an option. If you cannot find a decent flea market, remember that you can sell your mini storage auction merchandise online or host your own yard sale at home.
As for dealer fees, see what options you have. Can you purchase a selling spot for only one weekend, a month, or the whole year? If you intend to use mini storage auctions to your full advantage, like by traveling to attend them and buying as much as possible, a long term rental is recommended. The longer you rent a space at a flea market, the bigger discount you should receive.