If you own a self-storage property, and you’re wondering “how to sell my self-storage property myself“, you have a couple of choices. In this blog post you’ll read about what your choices are, and how to know which choice is best for you.
Here’s The Most Common Way To Sell Self-Storage Property Yourself…
The most common choice that storage sellers have is to sell through a real estate agent. Agents will list your property and find buyers for it, and then negotiate on your behalf and help you with the paperwork.
Problem is, many property owners discover that there aren’t a lot of storage buyers, and few real estate agents are truly “experts” in buying and selling storage. Additionally, if an agent is able to find a buyer, you will have to pay commissions to the agent, which can get quite expensive.
Another choice is for sellers to sell storage facilities themselves. You do the same work as the agent and are able to save the commission that you’d have to pay the agent, ultimately pocketing a little more cash than if you sold the traditional way.
But many of the same problems exist here, too: Storage sellers who choose to sell their business themselves soon find that there really aren’t a lot of self-storage buyers out there. The average person just doesn’t buy self-storage facilities.
Option #3: Sell Your Self-Storage Property To Us – We’re Cash Self-Storage Buyers
Here’s the third option – and the option that most people aren’t even aware of. Instead of listing your property (either through an agent or on your own) you can simply sell your property directly to a self-storage buying company (like what we do here at Daly Storage Investments). Selling this way allows you to quickly dispose of your property, put money in your pocket, and still avoid paying commissions that you’d normally have to pay to an agent.
Sellers view this second option as a superior strategy because of the following reasons:
- It’s faster – a self-stroage buying company that buys storage properties directly from a seller can know right away if the facility is right for them, and a good storage company can usually get the funding right away. There’s no listing and there’s no showing the property to many prospective buyers.
- It costs less – an agent will charge commissions but most self-storage buying companies won’t charge anything.
- It’s far less work – listing your property can be a lot of work, even if an agent does it. But selling your storage facility directly to a storage-buying company can give you a rapid close so you can walk away from the property when you want to.
Looking at how to sell my self-storage storage myself in? Look no further than a storage buying company. Although few sellers are even aware that this option exists, they’re pleasantly surprised at how quick and easy it is to sell their self-storage property when they learn about it.
We are a direct self-storage buyer. We are long-term investors, and we are currently looking to acquire more properties: self-storage, mini-storage, boat & RV storage, car storage, industrial & contractor storage, industrial warehouses for self-storage conversion, and even pole-barns!
Are you wondering how to sell self-storage facility?
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… or call us at 585-206-7383 to speak with our team.