Case Study: Northwest Self Storage achieves a seamless lien enforcement process with OpenTech Alliance’s StorageTreasures.com

Northwest Self Storage reduces delinquent accounts to as low as 1% with OpenTech Alliance

Northwest Self Storage, a major self storage operator in the Pacific Northwest, faced operational inefficiencies and significant challenges with the traditional lien enforcement and live auction process. To address this, they partnered with OpenTech Alliance and implemented its StorageTreasures.com online auction service to streamline operations and reduce liability.

OpenTech Alliance's solution provided a seamless online auction process that improved efficiency and accountability. The results for Northwest Self Storage included a delinquent rate as low as 1%, better financial returns on auctions, and a significant reduction in the number of units that ultimately go to auction as more tenants settle their accounts. The vendor's solution also eliminated the safety concerns and logistical headaches associated with hosting live auctions on site.

Northwest Self Storage