StorageTreasures, the premier online auction platform for storage unit auctions, is proud to announce an exclusive partnership with Red Dot Storage, an industry leader excelling in technologically-advanced property management systems and setting the standard for remote business operations. This collaboration refines Red Dot’s approach to recovering delinquent units and outstanding rent at its self storage properties.
Red Dot Storage Boosts Lien Loss Recovery Rates on StorageTreasures
Chad Lewis, VP of Operations at Red Dot Storage, commented on the added value of the partnership, stating, “Joining forces with StorageTreasures has been a strategic enhancement to our already strong performance metrics. The uptick in our recovery rates since integrating their services has been notably impressive. With an onboarding process that was nothing short of seamless, this partnership is taking our operational excellence to the next level.”
One of the key elements that have Red Dot Storage most excited about this partnership is the Unit Liquidation Program (ULP) offered by StorageTreasures. The ULP has the potential to significantly reduce Red Dot’s cleanout costs, and Red Dot has been vocal about their anticipation for the program’s implementation.
Red Dot Storage Finds Cost-Effective Solution to Unsold Auctions with StorageTreasures Case Management Programs
Amanda Holt, Vice President of StorageTreasures, expanded on the significance of Red Dot Storage joining the platform: “As a forward-thinking industry player, it is very important for StorageTreasures to partner with an organization like Red Dot Storage. We value this exclusive partnership, not only for the mutual growth aspects but also because it allows us to enhance Red Dot’s recovery rates. With the ULP and Backup Bidder programs, we aim to provide significant savings in the lien sale process for Red Dot Storage.”
As part of their commitment to support Red Dot Storage in every aspect of their storage unit auction needs, StorageTreasures has advised on lien law and legal ad requirements to ensure compliance with applicable state laws and further solidify the partnership’s success.
Learn more about the platform’s commitment to delivering outstanding storage auction results, exceptional support, and innovative solutions to its valued self storage partners today. StorageTreasures is managed by its majority owner and leading self storage PropTech provider, OpenTech Alliance.
