Storage Unit Treasures

Add to the growing list of industries that the up-and-coming generation seems to be killing off: antiques and collectibles. The Collectibles Market Is Not What It Used to Be. The digital revolution has taken away the joy of the hunt. Or has it?

The fact that we now have convenience does not make us less inclined to explore, browse, and discover items we didn’t know we wanted. Antiquing, flea market browsing, yard sale shopping, and attending auctions have always been hobbies for a devoted niche of people. The items in demand and the formats of sales may change, but the thrill and the sales remain.

Used Goods and Online Resale Markets Thriving

In terms of buying antiques and collectibles as investments, any hedge fund manager will tell you that investments always carry risk. Collectibles are no exception, and you’ve got to be careful about buying items solely for the purpose of selling them later. The resale market is always changing as supply and demand fluctuate.

While many people who hoarded Beanie Babies are now disappointed by their actual value, the used goods market in the United States is a growing $20 billion industry. That’s not even counting the online resale market, of which the fashion sector alone grew 82% between 2013-2016.

But those are general goods, not big-ticket items like authentic antique furniture, right? Not necessarily. There’s a thriving online niche for antique buying and selling.

The Internet Hasn’t Killed Browsing

Not only do Americans love a good deal, but the younger generation also loves a good hunt. They wear, as the Thrift Shop song proudly proclaims, their granddad’s clothes. They shop in brick-and-mortar stores, from low-cost giants like Goodwill to higher-end boutique consignment shops to local nonprofits. It’s true that users can find specific items with the search function on sites like eBay and Etsy, but they also browse categories and wander through algorithm-generated lists of similar items.

At StorageTreasures, we’re believers in online auctions self storage auctions. We make browsing online for units easy and worth your time.

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4 Comments

  1. Lee Dixon

    I think this company is just as greedy as the storage unit owners they don’t check to make sure the tenant has been properly informed of the unit being auctioned off or that the owner of the storage facility went and gave a verbal contract to the tenant knowing that the tenant was homeless and battling cancer and was told that everything would be fine then turns around and sells everything that the tenant has left to her belongings and her children’s belongings including deceased family members and deceased children I have been trying to get a manager to contact me by phone and not through email not through text and I believe that shows cowardness

  2. Howard

    Michael, nice article!

    I buy a lot of homes thru foreclosure auctions (sheriff sales). A lot of times there are still tons of stuff left in the home: furniture, books, kitchen stuff, clothes, TVs, washer/dryers, etc. I don’t have time to sell them, and it’s not worth hiring estate sales pro. I was wondering if the storage actions buyers would be interested. What do you think? Would be nice to have a list of buyers!

    • Dianna

      I know that I myself would be interested in Foreclosure buy outs. Just this year I did an estate clean out of a home whom the kids did not want most of the items left in the house after the passing of their parents. Went in cleaned it out and sold what I could for them and we split the profits. They too did not want to do a typical estate sale. Was a ton of work but I learned a lot. Parents were borderline hoarders.

      Lesson learned was I would hire a crew to help to make process quicker and I would have a storage unit auction myself instead of a big yardsale. Less work and hassle for my time. Good Luck! Hope you find buyers in your area who find clean outs fun like I do.

  3. Kristie Milliren

    This was a great article. We love going to live auctions but really prefer to buy here on Storage Treasures where we have more time to review pictures and make a better educated bid. We recommend storage facilities to take as many pictures as available and as good and clear as possible. We have been in the Storage Auction business now for nearing 3 years and this is now our job. We decided to open a brick & mortar store front of 4500++ sq ft and we stock the store from storage units along with estate sales. We also use as many online selling tools that we can from Ebay to Facebook to Craigslist and several others. Where ever, however we can sale what we have. Some items sale better on the internet whereas other items sale better personalized in store. We sale everything from Antiques and collectibles, name brand clothing., tools, used & new household items, toys, and furniture. In our area we have a good sized group of storage auction buyers that makes the market very competitive,

    We have found that today young people between 18 to 40 really have very little interest in older wooden furniture & antiques. They don’t care for the wooden look, they would rather buy the more modern looking items or items that we decide to redo or re-purpose. It’s a shame that so many folks don’t realize that that piece of older furniture has lasted 75 to 100 plus years is because it was made out of real wood, it was built to last.

    When we have someone come into our store and shows interest in older items and ask questions and want to become educated it gives us great joy to share our expertise with them.


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