The Self-Storage Industry’s Dirty Little Secret
March 13, 2013 in Process
The popularization of the self-storage auction by television shows such as Storage Wars has created the image that “there’s gold in them thar hills.” Anyone in the business knows this is highly unlikely. People tend to keep their prized possessions with them. If they’re downsizing temporarily, it’s the “extra stuff” that goes into storage. Of course there are exceptions, but these exceptions are more often initiated by people that are more than capable of paying their bill.
So, we all agree that auctions are to be avoided. How best to avoid them? The answer, as you probably already know, lies with persistent effort to contact deadbeat renters. We can all take a lesson from the collections industry. They know that different people will be easier to reach at different times of the day — they just don’t know which when they start out. So, they keep track of what time of the day they call each creditor. Naturally, they are bound by the 8a – 9p calling limit (check your state for variances), but what portion of that time period that works best is unknown until you try them all.
The key is to put in your best effort. Of course, this is probably the worst part of the job for most property managers. The best way to make sure the calls get made is to keep records. These records need to be maintained where central management can monitor them. That’s where UnaPage comes in. We can easily track phone call activity and with our exception reporting system, you can be certain that the right level of effort was put in before an auction takes place. The self-storage business is not like other real estate ventures where you’re turning someone out of their home. You may just be relieving them of some worthless junk. In that case, you best weapon is psychological.
If your people know you’re monitoring their calls, they will make them (you can always use the phone bill to validate if you have suspicions). We make the phone tracking process easy. Give us a call or complete a contact form to find out how we can help.








