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We often times hear from Managers that auctions do not produce significant cash because no one wants to buy the junk anymore, IT’S THE ECONOMY. Our Manager was convinced that auctions were a waste of time from a financial standpoint, and her results in conducting the auctions proved it. We hired a new manager at that [...] One of the most controversial questions we are often times asked when we are brought in to represent a seller of a self storage facility is should they inform their Manager that they are considering selling? Our usual response is to in fact inform the Manager. We do this for several reasons: From the standpoint of fairness [...] |
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