Let’s be real: TV shows put an entertaining spin on what an actual storage auction event is like. Here’s a look at some of the key differences between auctions reality shows and actual auctions:
1. Not a Get-rich-quick Scheme
After watching the reality shows relating to storage auctions, you would be forgiven for thinking that storage spaces all across America are filled to bursting point with priceless relics and pop culture memorabilia that can be exchanged for princely sums. All these hidden treasures just waiting for that smart bidder who decides to take a chance on an old junk drawer.
The truth is, that old junk drawer most likely contains junk. We hope you do find treasures, but take calculated risks, not wild gambles.
2. Trust your Eyes, Not your Gut
Reality show bidders are often shown picking items to bid on based on a gut feeling. This helps make the viewing experience more exciting, but it’s an inadvisable way to select items in the real world.
There are certain signs you should keep an eye out for if you go to a real storage auction: professional moving boxes, furniture wrapped in protective coverings and a layer of dust indicating the previous owner hasn’t already removed everything valuable.
3. Have a Plan
Finally, make sure you have a plan for reselling, donating and disposing of items so you don’t get stuck with unwanted stuff. Whether you own a thrift shop, sell online or rent space in an antique mall, it behooves you to keep everything moving.
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