If rent isn't paid on a storage facility for 3 months in California, the contents can be auctioned off to an auctioneer as an individual lot through an auction with cash only. The show follows professionals who visit storage facilities throughout the state and offer to purchase these lockers. Before each locker is auctioned, the buyers are given five minutes to inspect the contents from the front doorway but aren't allowed to enter the locker or interact with any of the objects. After the auctions of the day have been finished, the bidders who won' sort through the lockers, estimating the prices they will set on the contents and/or consulting with experts to determine the value of items that are unusual. Running totals on-screen show the price versus the estimated value as well as a final total at the end of the episode shows the buyer's net profit or loss.
Friday, January 20, 2023
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