Self-storage auction platforms SelfStorageAuction.com and iBid4Storage.com have merged. The combined entity will promote industry lien sales in Australia, Canada, New Zealand and the United States. “The new company will bring efficiencies and significant cost savings to self-storage facility owners worldwide, who no longer need to experience the inconvenience of onsite storage auctions,” company officials said in a joint press release.
Both websites use an eBay-style format that allows self-storage operators to post pictures and videos of units up for auction, along with descriptions of unit contents. Buyers can search and place bids via desktop or mobile devices. The platforms even enable buyers to bid on units outside their immediate area and pick up items within days of winning.
“Together we create a significant client base and substantial infrastructure, a really good consolidation of talents, resources and market share,” said James Grant, CEO of SelfStorageAuction.com, who previously headed StorageBattes.com and StorageTreasures.com.
“We are excited to join forces with Jim’s company. Both iBid4Storage and SelfStorageAuction have our distinctive strengths and, as a joint collaboration, will enable us to deliver a better online product and experience for our users,” added Leon Benghiat, CEO of iBid4Storage.com.
Both companies have been active in expanding service to international markets. Launched in February 2017, SelfStorageAuction.com expanded beyond North America in August to include Australia and New Zealand. It also announced its intention to offer service in the United Kingdom. Based in Toronto, iBid4Storage expanded to the U.S. in 2014. It partnered with Australia-based auction website iBidOnStorage.com.au in January 2017 to expand services to Australia.