In the United States, self-storage facilities often hold storage auctions, or lien sales, to clear out units of non-paying tenants in accordance with state laws. In California alone, there are over 3,000 self-storage facilities, and each month, around 800 of these facilities host storage auctions or lien sales. The number of units or lots available for auction varies by site, but the opportunities are plentiful.
With more than 9,000 auctions held annually across the state, it's estimated that over $3 million changes hands each year. These auctions are open to the general public, attracting many bidders who buy items with the intent to resell for profit. Storage auctions are an excellent way to purchase secondhand goods at a fraction of their wholesale value. Whether you’re a seller at flea markets, garage sales, or on platforms like eBay, storage auctions can be one of your best sources for affordable merchandise.
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