
A comprehensive online platform for self-storage operators to conduct compliant delinquent unit auctions, maximizing rent recovery and attracting a national bidder network.
Vendor
OpenTech Alliance
Company Website
StorageTreasures.com is designed to simplify and streamline the online self-storage auction process for facility operators. It connects storage facilities with a large network of registered auction buyers, enabling them to recover rent from delinquent units efficiently and in compliance with local lien laws. The platform offers a hassle-free way to clear units quickly, attract higher sale prices, and reduce the administrative burden on staff. Key benefits include no upfront costs, risk-free operation, and assistance from trained staff for setup. StorageTreasures.com also provides features such as online advertising of auctions, access to a vast bidder base, online data saving, licensed auctioneer support for lien law assistance, an easy-to-use reporting system, and built-in commercially reasonable auction assurance. Additionally, an optional Auction Review Service (ARS) add-on helps facilities protect themselves from wrongful lien sales by having their lien files professionally reviewed for accuracy and legality.
Features & Benefits
- Streamlined Lien Sale Process: Simplifies the process of conducting auctions for delinquent units.
- Expanded Bidder Network: Access to the largest bidder base in the storage industry to attract more buyers and increase sale prices.
- Rent Recovery & Cost Savings: Helps operators recover more on delinquent rent with no upfront cost and saves staff time.
- Compliance & Risk Reduction: Ensures compliance with local lien laws and reduces the chance of errors or lawsuits through features like the Auction Review Service.
- Integrated Reporting & Support: Features an easy-to-use in-dashboard reporting system and trained staff for setup assistance and lien law training.