How to Prepare for Your First Storage Auction (for Buyers)

Dove Storage • May 6, 2025
Storage auctions have surged in popularity across the United States, thanks in part to reality TV shows and online platforms. These auctions offer an exciting opportunity for buyers to snag valuable items at competitive prices. However, if you're new to the process, diving in without preparation can lead to confusion or costly mistakes.

This guide outlines everything you need to know to confidently prepare for your first storage auction—from understanding the rules to bidding strategies and legal considerations.

What Is a Storage Auction?
A storage auction occurs when a tenant fails to pay rent on a self-storage unit, typically for 30–90 days or more. After repeated notices and legal procedures, the storage facility has the right to auction off the contents of the unit to recover unpaid rent. Auctions can take place:

On-site at the storage facility
Online via platforms like StorageTreasures.com or Lockerfox.com

Buyers place bids on the entire contents of the unit (not individual items) based on what they can see from the unit’s entrance—no touching or entering the unit before winning.

Step 1: Understand the Rules and Legalities
Before attending or registering for an auction, read up on the rules. Each state has specific laws governing self-storage auctions, and storage facilities may have additional policies. Here are a few key legal points:

Lien laws vary by state and define the timeline and notification process before a unit can be auctioned.
Winning bidders must usually pay in full and in cash immediately after the auction.
Sales are final—you’re buying the contents “as-is” with no guarantees or returns.
Familiarize yourself with your state’s lien laws (available via local government websites) and ask the facility or auction site for a copy of their terms and conditions.

Step 2: Find Upcoming Auctions
You can find storage auctions through several methods:

Online platforms like Storage Treasures, Locker fox, and Bid13
Local newspapers or facility bulletin boards
Calling storage facilities and asking if they host public auctions
Create an account on auction websites to receive alerts and updates for upcoming events in your area.

Step 3: Know What to Expect
At most auctions, you’ll be allowed to briefly view the unit from outside the doorway once it’s opened. Bring a flashlight or use your phone light to inspect what’s visible—furniture, electronics, boxes, tools, etc. You won't be allowed to move items or open containers. While this may feel like guesswork, experienced bidders look for clues to assess value. For example:

Stacked boxes labeled “kitchen” or “bedroom” may suggest organized, complete household contents.
Dust or cobwebs may indicate items have been untouched for years—possibly valuable or vintage.
Brand logos, tools, or electronics may suggest higher resale potential.

Step 4: Set a Budget and Stick to It
It’s easy to get caught in the excitement of bidding wars, especially if you spot something intriguing in the unit. But overbidding is a common rookie mistake. Here’s how to stay smart:

Set a firm budget before the auction.
Factor in other costs like transportation, cleaning, dumping, or storage for items you don’t sell right away.
Remember, you must take everything in the unit, not just the valuable stuff.
Keep your bids strategic and avoid emotional decisions. Many seasoned buyers win big by sticking to smaller, overlooked units others ignore.

Step 5: Bring the Right Supplies
If you win a unit, you'll typically be given 24–72 hours to clean it out. Come prepared with:

A lock (you’ll need to secure the unit after winning)
Gloves and garbage bags
A flashlight
A moving dolly or cart
A truck or trailer for transporting large items
Masks or dust protection in case of mold or old materials
Some facilities offer dumpster access or cleanup services for a fee—ask in advance.

Step 6: Reselling and Inventory Management
Once you’ve removed everything, sort and evaluate your items. Many auction buyers resell through:

eBay, Facebook Marketplace, Craigslist
Local flea markets or garage sales
Pawn shops or antique dealers
Keep a running inventory and organize items to prevent loss or damage. Some buyers even rent self-storage units of their own to manage overflow or seasonal resale operations.

Caution: What Not to Do

Don’t assume everything is valuable. Some units may contain mostly trash or broken items.
Don’t store illegal or hazardous items. If you find such materials, report them to the facility or local authorities.
Don’t forget taxes. Any resale income is subject to federal and possibly state tax reporting requirements.


Bidding on a storage unit can be an exciting and profitable experience if approached with preparation and patience. From understanding the rules and legal implications to setting a budget and planning for cleanup, the key to a successful first auction is doing your homework.Start small, learn from each experience, and over time, you’ll develop the skills to spot valuable units, manage inventory, and build a steady side hustle—or even a full-time business.

Thinking about diving into the world of storage auctions? Learn more about how storage facilities operate and explore affordable storage solutions with Dove Storage. Visit www.dovestorage.com to find a facility near you or contact us to ask about upcoming auctions at our locations.
By Dove Storage November 3, 2025
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Myth 3: Storage Auctions Are Secret or Hidden Events Some believe that storage auctions are closed or private events, but in most states, they are public and transparent. Facilities are required to handle auctions with professionalism and respect. The goal is to recover overdue rent, not to profit from someone’s loss. Facilities follow legal protocols and document everything throughout the process. Once an auction is complete, the buyer must remove all contents, but sensitive personal materials—such as photos, medical records, or identification—are often handled separately and may be returned to the original tenant. Myth 4: Buyers Always Find Hidden Treasures Reality TV has created the impression that every storage unit auction holds rare antiques or piles of valuable collectibles. While that’s possible, it’s far from the norm. In reality, most units contain everyday household items—furniture, clothing, electronics, or personal documents. Buyers often take a gamble, since they’re not allowed to enter or search through the unit before bidding. They can only look inside from the doorway. It’s possible to find valuable items, but it’s equally common to find boxes of sentimental or low-value goods. Myth 5: Tenants’ Personal Belongings Are Thrown Away or Disrespected Another common misconception is that facilities carelessly discard or expose tenants’ personal items. In truth, reputable self-storage facilities handle auctions with professionalism and respect. The goal is to recover overdue rent, not to profit from someone’s loss. Facilities follow legal protocols and document everything throughout the process. Once an auction is complete, the buyer must remove all contents, but sensitive personal materials—such as photos, medical records, or identification—are often handled separately and may be returned to the original tenant. Myth 6: Auctions Are the Facility’s First Response to Late Payments Storage auctions don’t happen after a single missed payment. Facilities typically give a grace period and send multiple reminders before taking further action. Auctions are time-consuming and legally complex, so they’re viewed as a last resort. Tenants are usually given 30–90 days to resolve their balance before the facility begins the lien process. Communication is key—most facilities are willing to work with customers to arrange payment plans or extensions if they reach out early. Myth 7: You Can’t Attend or Participate Online Gone are the days when all auctions happened in person. Today, many self-storage auctions are held online, allowing buyers across the country to bid remotely. This change makes the process more efficient and accessible while maintaining transparency. For buyers, this means easier participation and the ability to research multiple listings at once. 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